SOLD – Real Estate Auction – 107 Acres, Subdivided, plus 20 Acre Timber Tract

THIS AUCTION HAS ENDED.

Estate of John D. Wood

Subject to Court Confirmation

• To be subdivided into Tracts
• Improved with an Approx. 1,923 sq. ft. Farm House
• 107 Acre Tract is Clear and in Pasture
• 2 Ponds on 107 Acre Tract
• Additional 20 Acre Timber Tract (located on Leaf Lane)
• Map & Parcel IDs 110- 110- 182.00  and 110- 110- 064.00. Deed Book 123 Deed Page 269
• 107 Acre Tract has approx. 3,538' Frontage on Pinecrest Rd.
• Approx. 2,980' Frontage on Towe String Rd.
• Excellent Development Potential
• Farm equipment will be sold immediately following real estate

Terms: 10% Buyer’s Premium. Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) on sale day in the form of cash, certified check or wire, personal or company check. A real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 30 DAYS OF COURT CONFIRMATION. NO EXTENSIONS. Selling subject to Chancery Court Rules which is a 10 day raise period. Chancery Court Docket # 2015-PR-3681. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT’S “AS IS, WHERE IS WITH ALL FAULTS” CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. Note: Homes built before 1978 may contain lead-based paint. **All square footage and acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

• Terms and Conditions of Auction
• Rules of Chancery Court (p. 12 - Court Ordered Sales)

• Annual Campbell County Taxes: $947.24 (107 Acre Tract); $58.21 (20 Acre Tract)
• Buyer is Responsible for All Current Year Taxes
• Back/Delinquent Taxes (if applicable) Will be Paid by Seller
• Rollback Taxes (if applicable) Will be Paid by Seller

Subject property is located in Campbell County and therefore not subject to any zoning ordinances.

• Electric: LaFollette Utilities Board
• Water: LaFollette Utilities Board (Water lines are located along both Pinecrest Rd. & Towe String Rd.)
• Sewer: Not Available - Existing Home is on Septic System
• Gas: Not Available

• Jacksboro Elementary
• Jacksboro Middle
• Campbell County High

• Aerial Image (20 Acres)
• Aerial Image (107 Acres)
• Aerial Image (Showing Both Properties)
• Court Order Authorizing Auction
• Directions to Property (from Walmart Super Center)
• Documents Referenced in Title Commitment Exceptions
• Final Plat & Subdivision
• Property Report (20 Acres)
• Property Report (107 Acres)
• Proposed Order of Sale
• Proposed Restrictions
• Sample Quit Claim Deed (for 20 Acre Tract)
• Sample Deed (107 Acre Tract)
• School Information
• Tax Information
• Tax Map (20 Acres)
• Tax Map (107 Acres)
• Title Commitment (107 Acre Tract)
• Topo Map
• Utility Information
• Zoning Information

In Jacksboro, starting at Walmart Super Center, Take US-25W west for 0.1 miles. Take first left onto Main Street and travel approx. 0.3 miles. Turn left onto Liberty St. and travel approx. 0.5 miles. Turn left onto Island Rd. and travel approx. 0.04 miles. Take first right onto Towe String Rd. and travel approx. 0.9 miles. Turn right onto Pinecrest Rd. and travel approx. 0.1 miles to property on right.

Click here for farm equipment