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Absolute On-Site Auction 129 +/- ac. Farm New Market TN

AUCTION LOCATION
1243 Old A J Hwy New Market, TN

AUCTION DATE
June 24, 2017

AUCTION TIME
10:30 AM

TIME ZONE
Eastern

INSPECTION DATE
June 23, 2017

INSPECTION TIME
2:00-6:00 PM

CONTACT
865-774-5789

Auction Information

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

Click to View Map

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.

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 will be added to all successful bids. Broker Participation: 2% Brokers Participation being offered to properly licensed real estate agents please call office for a fax or email package.