55.31 Ac± Wooded Tract

ONLINE ABSOLUTE AUCTION: 55.31 Ac± WOODED TRACT

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Sam Tays

(931) 260-8352

samtays@taysauctions.com

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55.31 Ac± Wooded Tract

Bidding is closed.
High Bid:	$120,600.00
A max bid is the highest amount you are willing to pay for an auction item. In response to other bids, the auction system will automatically increase your bid in the smallest increment possible (up to your max bid amount) in order to maintain your lead position. To get a max bid you simply enter the maximum amount you are willing to pay into the bid form just as you would any other bid. If your bid is more than one bidding increment above the current high bid you will get a max bid unless another bidder has a max bid in place that is higher than the amount you enter. At the end of the auction, the winning bidder pays only the lowest winning bid possible. That means that you can win an auction item at a price less than your max bid amount. Your max bid amount is kept confidential from other bidders. You can lower or delete a max bid by entering a lower amount. Note: After watching hundreds of auctions and talking to thousands of bidders, we think using max bids in your bidding strategy works best for most people. It eliminates some of the pressure and reduces the risk of "sniping", where other bidders slip in slightly higher bids in the last seconds of bidding. ' > Your Max Bid:	NA
Bidding Ended:	Tue, Apr 30 10:03:48 am CT
High Bidder:	27744
Bid Increment:	$100.00
Starting Bid:	$1.00
Item Location:	Monterey, TN
Item has been viewed 3,271 times.

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Bid History (110 bids)
Timed Ending (1)
Documents (6)

Google Earth: A KML and KMZ file in the documents section that includes the property boundary. You will need to already have Google Earth or download Google Earth online.

Once you have downloaded the file, just click the file and it will open Google Earth and take you to the property. Property KML File Property KMZ File

To download Google Earth, go to https://www.google.com/earth/download/gep/agree.html and click agree to download. After clicking agree to download, the file should be downloading and you will click to open the file and follow the steps to setup Google Earth.

Contact Sam Tays at (931) 260-8352 or samtays@taysauctions.com

GENERAL INFORMATION

Postal Address: Cedar Chapel Rd. Monterey, TN 38574
County: Overton
Directions: From I-40 take exit 300 for US-70N/TN-84 toward Monterey/Livingston. Turn North onto TN-84 N/US-70N E/Monterey Hwy. for 0.7 miles. Turn right onto E Stratton Ave. for 453 feet. Turn left at the first cross street onto S Chestnut St. for 1.3 miles. Continue onto TN-164 N/Hanging Limb Rd. for 0.8 miles. Turn left onto Anderson Rd. for 482 feet. Turn right to stay on Anderson Rd. for 2.1 miles. Continue onto Cedar Chapel Rd. for 2.2 miles and the property will be on your left and right.
Buyers Premium: A 10% Buyer's premium will be added to the final bid to determine the contract sales price.

LAND INFORMATION

County Tax ID: Overton County Tax Map 122, Group -, Control Map 122, Parcel 015.00.
Lot Size: 55.31 Acres±. See Survey in 'Auction Documents' section.
Easements: Subject to the 30' Public Right-of-Way for Cedar Chapel Rd. encompassing 2.08 Ac±. See Survey in 'Auction Documents' section.
Encroachments: Any of record see Survey in 'Auction Documents' section.
Mineral Rights: Unknown. An oil, gas, and mineral title search has not been performed on this property.

UTILITIES

Electricity: Service is unavailable.
Water: Service is unavailable.
Natural Gas: Service is unavailable.
Sewer: Service is unavailable. New owner is responsible for installing a subsurface septic system.

TAXES

2024 taxes will be prorated to date of deed.
Back taxes or Greenbelt Rollback taxes (if any) will be paid by the Seller.
2023 taxes for whole parcel
- County = $143.60

Consignor Name: Johnny Looper

Bid Date	Bid Amount	Bidder
Apr 30, 2024 - 9:58:48 AM	$120,600.00	i27744
Apr 30, 2024 - 9:58:48 AM	$120,500.00	i8802
Apr 30, 2024 - 9:58:27 AM	$120,100.00	i8802
Apr 30, 2024 - 9:58:27 AM	$120,000.00	i27744
Apr 30, 2024 - 9:56:55 AM	$119,100.00	i27744
Apr 30, 2024 - 9:56:55 AM	$119,000.00	i8802
Apr 30, 2024 - 9:56:21 AM	$110,100.00	i27744
Apr 30, 2024 - 9:56:21 AM	$110,000.00	i8802
Apr 30, 2024 - 9:55:19 AM	$105,100.00	i27744
Apr 30, 2024 - 9:55:19 AM	$105,000.00	i8802
Apr 30, 2024 - 9:54:40 AM	$100,100.00	i8802
Apr 30, 2024 - 9:54:40 AM	$100,000.00	i27744
Apr 30, 2024 - 9:51:40 AM	$95,100.00	i27744
Apr 30, 2024 - 9:51:40 AM	$95,000.00	i8802
Apr 30, 2024 - 9:50:02 AM	$91,100.00	i8802
Apr 30, 2024 - 9:50:02 AM	$91,000.00	i27744
Apr 30, 2024 - 6:48:48 AM	$90,100.00	i27744
Apr 30, 2024 - 6:48:48 AM	$90,000.00	i16735
Apr 30, 2024 - 6:47:41 AM	$89,100.00	i16735
Apr 30, 2024 - 6:47:41 AM	$89,000.00	i27744
Apr 30, 2024 - 6:46:26 AM	$88,300.00	i16735
Apr 30, 2024 - 6:46:26 AM	$88,200.00	i27744
Apr 29, 2024 - 1:12:53 PM	$88,100.00	i16735
Apr 29, 2024 - 1:12:53 PM	$88,000.00	i24785
Apr 29, 2024 - 1:05:00 PM	$85,100.00	i24785
Apr 29, 2024 - 1:03:59 PM	$85,000.00	i27744
Apr 29, 2024 - 1:04:00 PM	$85,000.00	i24785
Apr 28, 2024 - 1:20:38 PM	$83,100.00	i27744
Apr 28, 2024 - 1:17:22 PM	$83,000.00	i24785
Apr 28, 2024 - 1:17:23 PM	$83,000.00	i27744
Apr 28, 2024 - 11:33:18 AM	$82,100.00	i24785
Apr 28, 2024 - 11:32:55 AM	$82,000.00	i27744
Apr 28, 2024 - 11:32:56 AM	$82,000.00	i24785
Apr 28, 2024 - 11:32:18 AM	$81,100.00	i27744
Apr 28, 2024 - 11:32:18 AM	$81,000.00	i24785
Apr 26, 2024 - 9:56:35 PM	$80,100.00	i27744
Apr 26, 2024 - 8:29:36 AM	$80,000.00	i16735
Apr 26, 2024 - 8:29:37 AM	$80,000.00	i27744
Apr 26, 2024 - 8:29:02 AM	$76,100.00	i16735
Apr 26, 2024 - 8:29:02 AM	$76,000.00	i27744
Apr 26, 2024 - 8:28:31 AM	$74,100.00	i16735
Apr 26, 2024 - 8:28:31 AM	$74,000.00	i27744
Apr 26, 2024 - 8:10:34 AM	$72,100.00	i16735
Apr 26, 2024 - 8:10:34 AM	$72,000.00	i27744
Apr 25, 2024 - 11:09:59 AM	$70,100.00	i27744
Apr 25, 2024 - 11:08:51 AM	$70,000.00	i16735
Apr 25, 2024 - 11:08:52 AM	$70,000.00	i27744
Apr 24, 2024 - 9:13:29 PM	$68,100.00	i16735
Apr 24, 2024 - 9:13:29 PM	$68,000.00	i27744
Apr 23, 2024 - 7:00:49 PM	$65,100.00	i27744
Apr 23, 2024 - 6:59:42 PM	$65,000.00	i16735
Apr 23, 2024 - 6:59:43 PM	$65,000.00	i27744
Apr 23, 2024 - 1:46:36 PM	$60,100.00	i16735
Apr 23, 2024 - 1:46:36 PM	$60,000.00	i27744
Apr 18, 2024 - 2:41:19 PM	$45,500.00	i27744
Apr 18, 2024 - 2:41:19 PM	$45,400.00	i20043
Apr 16, 2024 - 7:39:11 PM	$45,300.00	i27744
Apr 16, 2024 - 7:39:11 PM	$45,200.00	i20043
Apr 14, 2024 - 5:27:30 PM	$45,100.00	i27744
Apr 14, 2024 - 5:27:30 PM	$45,000.00	i24785
Apr 14, 2024 - 5:26:45 PM	$35,100.00	i27744
Apr 14, 2024 - 5:26:45 PM	$35,000.00	i24785
Apr 14, 2024 - 3:13:54 PM	$30,100.00	i27744
Apr 14, 2024 - 3:13:53 PM	$30,000.00	i24785
Apr 12, 2024 - 5:16:32 PM	$25,100.00	i24785
Apr 12, 2024 - 5:16:32 PM	$25,000.00	i27744
Apr 12, 2024 - 5:16:10 PM	$19,300.00	i24785
Apr 12, 2024 - 5:16:10 PM	$19,200.00	i27744
Apr 12, 2024 - 6:29:15 AM	$19,100.00	i24785
Apr 12, 2024 - 6:29:15 AM	$19,000.00	i27744
Apr 12, 2024 - 5:50:01 AM	$17,100.00	i24785
Apr 12, 2024 - 5:50:01 AM	$17,000.00	i27744
Apr 12, 2024 - 5:49:29 AM	$15,100.00	i24785
Apr 12, 2024 - 5:49:29 AM	$15,000.00	i27744
Apr 12, 2024 - 5:48:47 AM	$14,300.00	i24785
Apr 12, 2024 - 5:48:47 AM	$14,200.00	i27744
Apr 12, 2024 - 5:48:04 AM	$14,100.00	i24785
Apr 12, 2024 - 5:48:04 AM	$14,000.00	i27744
Apr 12, 2024 - 5:47:42 AM	$13,100.00	i24785
Apr 12, 2024 - 5:47:42 AM	$13,000.00	i27744
Apr 12, 2024 - 5:47:11 AM	$12,700.00	i24785
Apr 12, 2024 - 5:47:11 AM	$12,600.00	i27744
Apr 12, 2024 - 5:46:42 AM	$12,300.00	i24785
Apr 12, 2024 - 5:46:42 AM	$12,200.00	i27744
Apr 11, 2024 - 9:31:39 AM	$12,100.00	i24785
Apr 11, 2024 - 9:31:39 AM	$12,000.00	i27744
Apr 10, 2024 - 5:05:43 PM	$10,050.00	i27744
Apr 10, 2024 - 5:05:43 PM	$10,000.00	i7666
Apr 10, 2024 - 5:04:58 PM	$9,050.00	i7666
Apr 10, 2024 - 5:04:58 PM	$9,000.00	i27744
Apr 10, 2024 - 5:04:23 PM	$8,050.00	i7666
Apr 10, 2024 - 5:04:23 PM	$8,000.00	i27744
Apr 10, 2024 - 4:54:55 PM	$7,050.00	i7666
Apr 10, 2024 - 4:54:55 PM	$7,000.00	i24785
Apr 10, 2024 - 11:07:55 AM	$5,050.00	i24785
Apr 10, 2024 - 11:06:45 AM	$5,000.00	i7666
Apr 10, 2024 - 11:06:46 AM	$5,000.00	i24785
Apr 10, 2024 - 5:57:35 AM	$3,527.77	i7666
Apr 10, 2024 - 5:57:35 AM	$3,477.77	i26913
Apr 10, 2024 - 5:56:15 AM	$2,050.00	i26913
Apr 10, 2024 - 5:56:15 AM	$2,000.00	i7666
Apr 9, 2024 - 7:58:52 PM	$625.00	i26913
Apr 9, 2024 - 5:30:28 PM	$600.00	i27744
Apr 9, 2024 - 5:30:28 PM	$585.00	i16871
Apr 9, 2024 - 1:42:23 PM	$560.00	i16871
Apr 9, 2024 - 1:42:11 PM	$535.00	i27744
Apr 9, 2024 - 1:42:12 PM	$535.00	i16871
Apr 9, 2024 - 12:35:44 PM	$510.00	i27744
Apr 9, 2024 - 12:35:44 PM	$500.00	i9883
Apr 9, 2024 - 10:14:34 AM	$1.00	i9883

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Items in a timed ending all have the same closing time and if a bid is placed on one of the items within the last 5 minute(s) of bidding, the end time is extended on all items in the group by 5 minute(s).

Items present in this group:

1: 55.31 Ac± Wooded Tract

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Bidding Starts:	Tuesday, April 9, 2024 at 10:00:00 am CT
Bidding Ends:	Tuesday, April 30, 2024 between 10:00:00 am and 10:03:48 am CT See individual items for exact closing times.

Monterey, TN (1)

Please make sure you have read the terms of this auction before bidding.

Bidding Starts: Tuesday, April 9, 2024 at 10:00:00 am CT

Bidding Ends: Tuesday, April 30, 2024 at 10:03:48 am CT

Extended Bidding: Each item in this auction is subject to a Soft Close, meaning any bid arriving within the last 5 minutes of the item’s closing time, extends the time that item is open by 5 minutes.

Location: Monterey, TN

PAYMENT METHODS- Real Estate
20% Down of the total sales price will be required within three (3) business days of the total contract sales price to the Escrow Agent.

Buyer's Premium: There is a 10% Buyer's Premium in effect for this auction.

DISCLAIMERS
All items are sold "as-is" and "where-is" with no warranties expressed or implied. Buyers in default will be charged a 15% re-listing fee based upon their high bid amount. There are no refunds or exchanges. Please bid accordingly.

Auction Agreement: By submitting a bid in this auction, bidders agree to be bound by the terms and conditions of the sale as follows:

Response to Inquiries: For any questions / inquiries submitted to Tays Realty & Auction, LLC by phone (931-526-2307), email (bidding@taysauctions.com) or facsimile (931-520-7761) after regular office hours of Monday-Friday, 8:00 AM to 5:00 PM C.S.T., a staff member of Tays will respond within 24 hours after the receipt of the communication. Communications directed to any other phone numbers or emails may experience a longer response time.

Auction Ending – Real Estate: Beginning at the stated closing time, the auction software will conclude bidding for the auction lots with the following exception: if a bid is placed in the last five (5) minutes remaining for any of the auction lots, bidding for that lot will remain open for an additional five (5) minutes. Example: Auction ending time is 10:00 AM. A bid is made at 9:57 AM. The bidding is then extended to 10:02 AM.

Auction Ending with Timed Ending - Real Estate: 'Timed Ending' is a feature where the Auction Ending time for multiple lots is linked together. Should a bid be placed on any lot in the last five (5) minutes remaining, bidding for ALL lots within that 'Timed Ending' will remain open for an additional five (5) minutes. The lots that are contained within any 'Timed Ending' will be indicated in the Description field by a 'TIMEDENDING' in the bottom right of the field. Example: Auction ending time is 10:00 AM. A bid is made at 9:57 AM on at least one of the 'Timed Ending' lots. The bidding is then extended to 10:02 AM for ALL lots within that 'Timed Ending'.

Buyer’s Premium: A 10% Buyer's premium will be added to the final bid to determine the contract sales price

Outbid Notification: The bidding software will notify bidders by email when they have been outbid. Bidders can also check their My Account -> My Bids or My Favorites for real-time status of items. Items the bidder is no longer winning will be marked with a red 'losing' indicator. Items the bidder is winning will be marked with a green 'winning' indicator.

Agreement of Purchase and Sale: The purchaser(s) shall execute an agreement of purchase and sale, in the form provided by the auctioneer, without modification, immediately after being declared the high bidder.

Payment: The purchaser(s) shall pay an amount equal to 20% of the total contract sales price to the Escrow Agent within three (3) business days. The Escrow Agent shall accept the following forms of payment: wire transfer or cashier’s check. There may be a fee associated with payment of the deposit or purchase money by wire transfer. Contact the Escrow Agent if you intend to pay this way.

Escrow Agent: The deposit, earnest and purchase monies in respect of the property shall be paid to and deposited with the escrow agent listed in the Escrow Agreement (see Auction Documents section).

Deed: Seller shall provide a free-and-clear Warranty deed unless otherwise stated.

Title Insurance: Purchaser may purchase title insurance from the Escrow Agent at purchaser’s cost.

Closing: A Cash Closing will be handled by the BUYERS closing agent, and at the BUYERS expense. A Closing involving Financing will be handled as required by the BUYERS Lending Institution and at the BUYERS expense. If the property is sold in multiple tracts and each tract is sold to the same buyer the 2024 Property Taxes to be prorated to date of closing. If tracts sell to multiple buyers, 2024 taxes will be paid by Seller. Back taxes and Greenbelt Rollback Taxes, if any, will be paid by the Seller. If the property sells as one tract the 2024 Property Taxes to be prorated to date of closing. Back taxes, if any, will be paid by the Seller. The balance of the purchase price shall be paid at or before closing. Closing shall take place on or before 30 days after end of auction, unless otherwise stated in the Sales Contract (see Auction Documents section). The Escrow Agent will schedule and conduct the closing.

Closing Costs: At closing, Seller shall pay for its escrow and closing fees and all of the costs for preparation of all documents to convey the property. At closing, purchaser shall pay for its escrow and closing fees, any and all recording fees, and all other sale, financing or closing fees as required.

Cash Sale: This is a cash sale and is not contingent on purchaser’s ability to obtain financing.

Possession: Purchaser will receive possession at closing.

As-Is Sale: The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was provided by the seller or obtained from public record and is believed to be correct; however, neither the seller nor the auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information.

Easements: Sale of the property is subject to any and all easements of record.

Survey: The property will be conveyed according to the existing legal description from the previous and last conveyance unless stated that a new, current or existing survey is available.

Agency: Tays Realty & Auction, LLC and its representatives are exclusive agents of the Seller and are agents of no other party to this transaction.

Equal Opportunity Clause: All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser’s race, color, religion, sex, familial status, national origin, or physical handicap.

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-Tays Realty & Auction, LLC shall not be liable for any damages arising from any interruption, suspension, or termination of the Site.

-Tays Realty & Auction, LLC, in its sole discretion, may:

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