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Auction Information
ABSOLUTE REAL ESTATE & EQUIPMENT AUCTION
Formerly Known as Lost Creek Golf Club
824 Milligan Way, New Market, TN 37820
Approx. 124.21 Acres, Sub-Divided into Tracts
To Be Offered Separately and as a Whole
AUCTION: Saturday, November 9th at 10:30am EST
Auction to be conducted on-site
INSPECTION: Property can be inspected at anytime
BID LIVE OR ONLINE!
Property Details:- Approx. 124.21 Acres
- Sub-Divided into 14 Lots
- Lot 1 - 5.40 Acres
- Lot 2 - 10.00 Acres w/Maintenance Shed
- Lot 3 - 3.67 Acres
- Lot 3A - 16.20 Acres
- Lot 4 - 17.04 Acres
- Lot 5 - 5.12 Acres w/Club House
- Lot 6 - 5.10 Acres
- Lot 7 - 5.63 Acres
- Lot 8 - 6.19 Acres
- Lot 9 - 7.86 Acres
- Lot 10 - 12.67 Acres
- Lot 11 - 12.26 Acres
- Lot 12 - 9.43 Acres
- Lot 13 - 7.64 Acres
- To Be Offered Separately and as a Whole
- Mostly Clear, Gently Rolling Topography
- Great Mountain Views
- Utility Water Available
- Over 4,600 Feet Frontage on Bales Rd.
- Over 400 Feet Frontage on Old Andrew Johnson Hwy.
- Located just off Andrew Johnson Hwy. in the Town of New Market, TN
- Ideal Location, just 4 miles to Jefferson City, 6.5 miles to Morristown, 25 miles to Knoxville
- Golf Course Equipment, Golf Carts, and etc. to be Sold Immediately Following Real Estate
Principal Broker License #26
- Successful bidders will deposit 10% of the purchase price and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
- Aerial Image
- Clubhouse Building Footprint
- Declaration of Easement
- Flood Map
- Lost Creek Soil Letter
- New Market Utility District System Map
- Plat Map - Sub-Divided into 14 Lots
- Property Report(s)
- Proposed Order of Sale
- Proposed Restrictions Lost Creek (revised)
- Sample Warranty Deed (Rev. 1)
- Tax Information
- Tax Map
- Title Commitment (Rev. 1)
- Title Commitment Exception Documents
- Topo Map
- Utility Information
- Zoning Information
- Zoning Map
- R-1: Residential District (Town of New Market)
- Approx. City Taxes (New Market): $2,625.00
- Approx. County Taxes (Jefferson County): $8,225.00
- Approx. Total Taxes: $10,850.00
- Property is currently assessed as a whole
- Buyer will pay pro-rata share of current year taxes
- Any back/delinquent taxes will be paid by seller
- Elementary: New Market
- Middle: Jefferson
- High School: Jefferson County
- Electric: Appalachian Electric Cooperative
- Water: New Market Utility District
- Sewer: N/A
- Gas: N/A
- From exit 394 (Asheville Hwy & I-40), travel northeast on Asheville Hwy approx. 5.8 miles. Take slight left onto Andrew Johnson Hwy/11-E and travel approx. 10.4 miles. Take slight right onto Old Andrew Johnson Hwy and travel approx. 0.6 miles to right on Milligan Way which runs into Golf Course.