Absolute On-Site Auction 129 +/- ac. Farm New Market TN
Absolute On-Site Auction
Evelyn Peck Estate
129 +/- ac. Farm New Market TN
Saturday, June 24th at 10:30 AM
Preview: Friday, June 23rd 2:00-6:00 PM or call auction co. for private showing
1243 Old A J Hwy New Market TN
SELLING FOR THE DIVISION OF HEIRS!
129 +/-ac. with frontage on Hwy 11-E in the foothills of the Smoky Mountains. This property is broken up into 8 highly desirable parcels. Farming, Housing, or Commercial Development potential with a Railway. Located near Jefferson City TN in the city of New Market. Limitless opportunities at ABSOLUTE AUCTION!
- Listing Broker / Auctioneer - Kathy Derrick
Beautiful 129 +/- Acre Farm in the Foothills of the Smoky Mountains in East TN
Selling in 8 Tracts with extensive frontage on Hwy 11-E
Ideal for Residential or Commercial Development
Tract 1: Century old 2 story farmhouse / 5 Acres
(Adjoining single wide trailer does not sell, tenant pays $200 per month lot rent)
Tract 2: 6.3ac. / Presently in Wheat with frontage on Old AJ Hwy and Reed Bull Rd
Tract 3: 5.2ac. / Partial Wheat field and open farm land frontage on Reed Bull Rd
Tract 4: 5.1ac. / Partial Wheat field and wooded acreage with frontage on Reed Bull Rd
Tract 5: 32 +/-ac. / Majority Wheat field with partial woods with frontage on Reed Bull Rd
Tract 6: 2+/-ac. With Billboard lease (Double wide trailer being sold to be removed)
(This Tract has double road frontage on 11-E and Old AJ Hwy)
Tract 7: 38.5ac. In wheat with frontage on 11-E and Nance Rd. with Railway Easement
Tract 8: 28.5ac. In wheat with Lost Creek (year round flowing) and frontage on Nance Rd
Partial Personal Property List
Antiques, China Cabinet, Settee, Marble Top Dresser, Marble Inlaid Secretary, Children's Toys, Desks, Ladder Back Chairs, Drop leaf Table, Old LP's, Vintage Cameras, Books, Hook Rugs, School Desk, Glass and Stemware, Scales, Assort Household Items and MUCH MORE!
Approximate Drive Times:
Jefferson City 5 Minutes
Morristown 30 Minutes
Knoxville 30 Minutes
Smoky Mountains 60 Minutes
Directions: From Knoxville travel I-40 East to Exit 417 left onto Hwy 92 towards Jefferson City go 6.85 miles then left onto 11-E go 4 1/2 miles to property on both sides of highway.
Real Estate Terms: 10% Down day of sale, balance due at closing within 30 days. All successful bidders will be required to sign a note for the deposit amount in addition to deposit paid day of sale. The note will become null and void when the buyer completes all requirements for closing as set out in their contract.
10% Buyer's Premium
Broker Participation: 2% Brokers Participation being offered to properly licensed real estate agents please call office for a fax or email package.