[BIDDING BY THE ACRE]
Wednesday, April 24, 2024 at 12:00 pm Central — ONLINE ONLY-Bidding Starts April 10th 12:00 PM
HUGE ABSOLUTE TENNESSEE LAND AUCTION
Celina, Clay County, TN and Livingston, Overton County, TN
Property #104: Dry Mill Creek – 1,157 Acres – Selling in 1 Tract
Bidding Begins on Wednesday, April 10th
Bidding Ends on Wednesday, April 24th at 12:00 PM CDT
All Properties will be SOLD ONLINE through our MarkNet Platform
ALL THESE PROPERTIES ARE PROTECTED BY CONSERVATION EASEMENTS IN FAVOR OF FOOTHILLS LAND CONSERVANCY. PLEASE CONTACT OUR OFFICE FOR PRECISE DETAILS.
Dry Mill Creek – 1,157.38 Acres located in Clay & Overton Counties, TN (Tax Parcels #087 011.00 [Clay] & #024 004.00 [Overton])
PROPERTY HIGHLIGHTS and UNIQUE FACTORS for CONSIDERATION:
- Incredible 2 Story Equestrian Bar with 12 Stalls, Hay Loft, and Equipment Sheds
- Riding Ring
- Interior Road System with LONG Green Fields and Pasture
- Well Water
- Frontage on Turkey Town Rd, Bob Cox Rd, and Access from Dry Mill Creek Rd.
- The Tract contains 1,157 acres of rolling topography along Dry Mill Creek that have been developed over the last 3 decades into a highly managed and manicured hunting property.
RESIDENTIAL ENVELOPES/HOMESITES:
This Easement allows for (2) 2 ac Homesites and (1) 10 ac Homesite, each with 1 Dwelling < 10000 sq ft and < 40’ in height. The Homesite location map is linked below.
[Click Here] to access document containing extensive details on the Baseline agreement, Conservation easement, and all other pertinent information.
CONSERVATION EASEMENT: This property is selling subject to a Conservation Easement in favor of Foothills Land Conservancy as recorded in The Clay County Register of Deeds Book 106, Pages 685-735. There will be a 1% Transfer Payment due to Foothills Land Conservancy at closing per said Easement.
TERMS AND CONDITIONS: 10% Buyer’s Premium. 10% Down on Sale Day with the Balance Due on or Before 30 Days from Sale Day.
OPEN HOUSE: This Property is OPEN for Inspection.
BIDDING: The bidding will be ONLINE ONLY with the Bidding ending at 12:00 PM CDT.
CLOSING: All closings to be on or before 30 days from sale date. All closings will be handled by Mr. Kenneth Chadwell with Looney & Chadwell Title Services, LLC, 156 Rector Ave, Crossville, TN 38555 – 931.484.7569.
FINANCING QUALIFICATION offered with Farm Credit Mid-America: Jake Young / Financial Officer located at 7605 Hamilton Park Drive Chattanooga, TN 37421. Office #423.510.9429 – Direct #423.619.0160 – jake.young@fcma.com
For plats, brochures, surveys, or further sales information on this auction, call us by name at 1.800.DEMPSEY (800.336.7739).
