Tract 1-8.184 acres [BIDDING BY THE ACRE]

Saturday, April 27, 2024 at 10:00 am — SELLING ON-SITE: 270 Blacks Bluff Rd

ABSOLUTE ESTATE AUCTION
ROME, FLOYD COUNTY, GA
THE ESTATE OF MR. JACK ROGERS

2-Story, 6BR, 4 BA Home and 65± Acres
Triple Road Frontage — Long Coosa River Frontage
Water and Natural Gas Available

PROPERTY TO BE OFFERED IN TRACTS, COMBINATIONS, OR AS A WHOLE
Property located at 270 Blacks Bluff Rd, Rome, GA
SELLING ONSITE with ONLINE BIDDING AVAILABLE

 

270 Blacks Bluff Rd:

• Warm Den with Fireplace, Slate Floor, and Dutch Door to the Screen Porch
• Library with Slate Floor, Built-in Bookshelves, and Dutch Door to the Screen Porch
• Living Room with Hardwoods & Fireplace
• Spacious Kitchen with ample Cabinet & Countertop Space, Dishwasher, Cooktop & Double Ovens
• Florida Room
• Large Master Bedroom with Generous Master Bath
• (3) Spacious Bedrooms
• (2) Additional Full Baths
• The English Basement offers (2) large Bedrooms, Full Bath, and Ample Storage

Other amenities include Screen Porch, Central Heat & Air, a 2-Car Detached Carport, an Additional 60×40 Carport and a Paved Drive

This elegant home is nestled on 4± beautifully manicured acres featuring numerous original boxwoods, mature Georgia pines, massive oaks, flowering magnolias, and ageless historic shrubs.

ADDITIONAL ACREAGE:

• Long Coosa River Frontage
• Property will be offered in Tracts, Combinations of Tracts, or as a Whole.
• Property Zoned SR with County Water and Natural Gas available.
• Pepperell School District
• Double Road Frontage on Blacks Bluff and Frontage on Park Rd
• Majestic Hardwoods and Pine Thickets with Beautiful Homesites

AUCTIONEER’S NOTE: THIS PROPERTY HAS BEEN IN THE ROGERS FAMILY FOR OVER 100 YEARS, HOWEVER AS TIMES, SITUATIONS, AND CONDITIONS CHANGE, IT IS TIME TO LIQUIDATE THIS VALUABLE ASSET. DEMPSEY AUCTION HAS BEEN CONTRACTED TO SELL THIS PROPERTY, AT ABSOLUTE AUCTION, TO THE HIGEST BIDDER—REGARDLESS OF PRICE. COME JOIN US FOR AN OLD-FASHIONED LAND AUCTION AND PURCHASE THIS TRACT OF LAND AT THE RIGHT PRICE—YOUR PRICE!!!!

THIS PROPERTY SELLS AT ABSOLUTE AUCTION, TO THE LAST BIDDER/BIDDERS–REGARDLESS OF PRICE!!!

 

REFERRAL FORM

EXHIBIT “B”

TERMS AND CONDITIONS

The Jack Rogers Estate

Rome, Floyd County, GA

Saturday, April 27^th @ 10:00 AM ET 

These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “B”, which will prevail over this document and any other agreement between the Buyer and Seller.

CONDITIONS OF SALE:  Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with The Jack Rogers Estate (Seller), TO OFFER AT ABSOLUTE AUCTION, 10 parcels of real estate located at 270 Blacks Bluff Rd, Rome, Floyd County, GA. 

All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition; and any repairs, alterations, damage, cleanup, removal of debris, waste, personal property, etc., are the sole responsibility of the buyer. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller.  Neither the Seller nor the Auction Company makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof. Buyer acknowledges and agrees that at closing there may be the existence of equipment, personal property and/or scrap materials located upon or within the property and agrees to accept the same in AS IS condition. For compliance with Section 1018 of the Residential Lead-Based Paint Hazard Reduction Act of 1992, interested purchasers have had ten a (10) day inspection period prior to the auction for assessment of possible lead-based paint hazards.

We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.

The Seller has the right, at their sole discretion, to add or withdraw all or any portion of the property before the auction’s opening announcement on Saturday, April 27^th @ 10:00 AM. This property is selling at ABSOLUTE AUCTION to the HIGHEST BIDDER REGARDLESS of PRICE. 

CONVEYANCE:  All property will be conveyed by a Limited Warranty Deed with title insurance available at the Purchaser’s expense. 

RESERVATIONS & RESTRICTIONS:  The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Floyd County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat. A portion of this property lies in the 100-year flood plain as depicted by the below-mentioned survey.

ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 20% of the Contract Sales Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable. 

DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Conditions and the Sales Contract.  

PAYMENT:   A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price.  The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 10% of the Contract Sales Price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co.  No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement.  In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.

SURVEY:  We are selling this property according to registered boundary survey performed by Elbert Angel, GRLS #1742 and the property is selling subject to Floyd County Planning & Engineering Final Approval. Any acreage adjustments will be handled at closing.  A survey fee of $725/Tract will be due and collected today. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey.  

CLOSING: Closing shall take place within 30 days of auction in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Wright Smith with Brinson, Askew and Berry Law Firm, 615 W 1^st St, Rome, GA, 706.291.8853. We encourage you to contact Mr. Smith’s office as soon as possible to discuss the closing. 

CLOSING COSTS:  The Seller will provide a Limited Warranty Deed at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.

All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.

POSSESSION:  Purchaser(s) will be granted possession of real estate at closing, on or before May 26, 2024. 

TAXES:  The 2024 Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser. 

AGENCY:  The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction.  Any third-party broker is not a sub-agent of the Auctioneer.

BUYER’S NOTE:  Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended.  The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information. Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.

METHOD of SALE:  DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.   

NOTE:  This auction is being recorded by audio in its entirety for legal purposes. 

I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.

270 Blacks Bluff Rd
Rome, Georgia 30161
United States

PROJECT MANAGER: Lou Dempsey – 770.546.2800 – ldempsey@dempseyauction.com

CO-BROKERAGE: Dempsey Auction is proud to be working in conjunction with Mr. Russell Rogers at Toles, Temple & Wright – 706.346.0400 or Rrogers@ttwrome.com

OPEN HOUSE: Fri. April 26, 12:00-4:00 PM or by Appointment. Please contact our office for your Personal Tour.

SALE SITE:  Onsite under the Dempsey Tent.

BIDDING: The auction will be Simulcast with the opportunity to participate live, in person, or online, whichever is most convenient.

TERMS AND CONDITIONS: REAL ESTATE: 10% Buyer’s Premium.  10% Down Sale Day with the Balance due on or before 30 Days from Sale Day.

CLOSING: Closing to be handled by Wright Smith with Brinson, Askew, and Berry Law Firm – 706.291.8853. ALL SALES TO CLOSE ON OR BEFORE 30 DAYS FROM SALE DATE—NO EXCEPTIONS.

For  Surveys, Brochures, Showing Appointments, or Additional Sales Information on this auction, call us by name @ 1.800.DEMPSEY(800.336.7739)