Auction Details

Catfish Cottage - 6.53 acres  -  Online Auction


Dates
Starts: Sat, Jun 12 at 12:00 AM US/Central

Ends: Thu, Jul 8 at 6:00 PM US/Central

The Catfish Cottage in Lyles
"Sit on your porch and catch catfish!"

6.53 acres - pond & cottage

The dream... "to have your own catfish pond (stocked), 2 bedroom cottage with wrap-around porch, well-manicured & fenced lawn for your furry friends AND a separate RV / Camper connection for your visiting friends and family..."

COME VIEW...OPEN HOUSE Saturday, July 3rd at 12 noon (12-1)


Here it is!  3858 Highway 100 in Lyles, TN (Hickman Co.)
6.53 acres - fenced & cross-fenced with cottage

The fish pond is well stocked with catfish!  The kids and grandkids will have the time of their life sitting under the shade trees catching fish!  (You might even want to fry up a few for dinner!)

The cottage was built in 2004 and features 2 bedrooms and 1 full bath with 864 square feet, and a full porch across two side providing relaxing & scenic views of the pond, trees, and lush lawn - all fenced.  Next to the cottage is two enclosed carport / garages with concrete floor - ideal for your equipment, toys, workshop, etc.

This retirement property was built with visiting guests in mind!  The property boasts TWO complete septic systems, one for the cottage and one for the RV / Camper hookups.  There is a 200am electric panel for the additional RV connections.  One water meter provides water for the property.

The current owners live in their RV while renting the 2 BR cottage.  Current rent is $900 per month!  If you are a traveling retiree and would like to enjoy a "Home Base" within an hour of Nashville, take a look at this property.

Property Taxes: Current taxes are $506.61 per year

The current owners are relocating to Texas to spend more time with family there.  This is your unique opportunity to buy a property with so much potential.

Opening Bid - $75,000.00

David Hudgins, auctioneer - TN Lic# 4787
10% Buyers Premium

Open House scheduled for Sunday, June 27th - 1pm
& Saturday, July 3rd 12pm
PROCEDURE: The property will be sold as a whole. 6.53 acres
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.  Taxes: $506.61
EASEMENTS: Sale of said property is subject to any and all easements of record.
SURVEY: No new survey; sell 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 on Hwy 100 in Lyles, (east Hickman County area). This is approximately one hour west of Nashville, TN.
UTILITIES: Public Water & Electricity are available and onsite.
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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