ABSOLUTE REAL ESTATE & EQUIPMENT AUCTION – Formerly Known as Lost Creek Golf Club

November 9, 2019

10:30 EST

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

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

PAYMENT TERMS
  • 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.
ZONING
  • R-1: Residential District (Town of New Market)
TAX INFORMATION
  • 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
SCHOOL INFORMATION
  • Elementary: New Market
  • Middle: Jefferson
  • High School: Jefferson County
UTILITIES
  • Electric: Appalachian Electric Cooperative
  • Water: New Market Utility District
  • Sewer: N/A
  • Gas: N/A
DIRECTIONS
  • 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.

Organizers