Auction Details

16 acres - Bank Foreclosure - Development Property with Utilities  -  Online Auction


Dates
Starts: Tue, Apr 20 at 12:00 AM US/Central

Ends: Thu, May 27 at 6:00 PM US/Central

Foreclosure / Bank Foreclosure / LAND - LAND - LAND
Land located in Hickman County


16 acres - Middle School Road, Centerville

16 acres with LONG road frontage / Development Project
Utilities in place - ready for development or new construction
Located behind Hickman County Middle School on Middle School Road - frontage on Jamie Drive and Haleys Creek Rd

5.41 acres on Kristin Drive, Centerville
This 5.41 acre property is the combination of two parcels, one with 1.93 acres and the other with 3.48 acres.
We are offering BOTH together as one parcel.
The building site is located on the northern portion of the property at the intersection of Lance Court & Kristin Drive.

Lot at 348 Middle School Road - 0.35 acre lot
There are two existing houses located next to this lot on Middle School Road.  This lot is a separate deeded parcel and is selling separately from the 16 acres across the road.

These properties are selling at the direction of the bank.  These are foreclosed properties.

Opening Bid: $25,000.00
Bidding Increments: $1,000.00

Bidding period will end on Thursday, May 27th at 6pm

David Hudgins, auctioneer - (931) 994-7144
Agent Contact: Bobby McFarlin - 931-994-7097
PROCEDURE: Each property will be sold as a whole and separately.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days.
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding.
BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer.
CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed.
POSSESSION: Possession will be given at closing - Date of Deed.
TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE.
REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. There are no liens on this property and all taxes are paid current.
EASEMENTS: Sale of said property is subject to any and all easements of record.
SURVEY:  No new survey; selling per existing deed.
AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller.
ZONING: Currently, the property is RESIDENTIAL. The property is located approximately one mile off Hwy 100 behind the Middle School. This is approximately one hour west of Nashville, TN.
UTILITIES: Public Water, Sewer, Gas & Electricity are available. (Middle School Road)
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report.

 

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Hudgins Auctions
Southern Way Real Estate
111 Progress Center Plaza
Centerville, TN 37033

David: 931-994-7144

Susan: 931-994-1751

Auction Firm License - TN5232