Auction Listing
Land Auction
26+/-Acres Divided
Tuesday, August 3, 2010 – 5 p.m.
Linwood, NC – Davidson County
Auction Location: Holiday Inn Express Hotel & Suites at the Vineyards, 351 Vineyards Crossing, Lexington, NC 27295
Tract 1 – Mobile Home on 1+/-Acre: 561 R.L. Norris Road, Linwood, NC
4 Bedroom, 2.5 Bath Mobile Home with 1,942+/-Sq. Ft, Living Room, Dining Room, Kitchen, Den, Porch, Central Heat & AC, Water/Septic & Outbuilding.
PIN/5794-04-52-2030, Deed Book 1959 at Page 18
Note: Northern property line encroaches on approximately 2+/- ft. of a wood shed roof. This property has an existing fiber optic cable easement.
Tract 2 – 0.602+/-Acre with (2) Outbuildings: R.L. Norris Road, Linwood, NC
PIN/5794-04-51-2897, Deed Book 1959 at Page 18
Note: Southern most property line encroaches on approximately 5 ft. – 6 ft. on adjacent building. Access easement through property 1. This property has an existing fiber optic cable easement
Tract 3 – 12.32+/-Acres: 543 R.L. Norris Road, Linwood, NC
Open & Wooded with Road Frontage, Creek through Property, Wooden Shed & Mobile Home Site on Property.
PIN/5794-04-52-8631, Deed Book 1959 at Page 18
Note: This property has an existing fiber optic cable easement & power line ROW.
Tract 4 – 12.081+/-Acres: 543 R.L. Norris Road, Linwood, NC
Mostly Wooded
PIN/5794-04-52-8631, Deed Book 1959 at Page 18
Note: This property has an existing fiber optic cable easement & power line ROW.
Directions to Properties: From Lexington, NC, travel Highway 64 West to Highway 150 South to the Tyro Community. Turn left on Swicegood Road. Go approximately 1.5 miles & turn left on R.L. Norris Road. Property is approximately 1 mile on left.
From Lexington, NC, travel Old Salisbury Road for approximately 5 miles. Turn right on Old Wesley Church Road. Turn right on Swicegood Road & right on R.L. Norris Road. Watch for signs.
Inspections: Tuesday, July 20; Monday, July 26 & Tuesday, August 3 from 1 p.m. – 4 p.m.
Terms: This property sells subject to the Farm Credit Act of 1987, which allows the previous owner to match the contract purchase price of the property being sold on the day of the auction. A 20% deposit due at the auction by cash, cashier’s check, personal or company check accompanied by a Bank Letter of Guarantee, with the balance due at closing. A 7% buyer’s premium will apply. Disclaimer & Lead Paint – Homes built prior to 1978 may contain lead based paint. Buyers have the option to test for lead based paint at the buyer’s expense prior to the auction. Preliminary Sales Map - Distances and acreages are estimated and will be adjusted based on final survey, by a licensed surveyor, and in accordance with the existing subdivision laws. Conditions – All information contained herein is deemed to be from reliable sources. However, neither the Auctioneer nor the Seller guarantees this information to be correct. We reserve the right to add or delete. Please inspect the property and bid accordingly. The Auctioneer represents the Seller in this transaction. All announcements made at the auction shall take precedence over all other information.
Broker Participation Invited
Iron Horse Auction Company, Inc.
PO Box 1267-Rockingham, NC 28380
800-997-2248 – NCAL 3936
www.ironhorseauction.com
26+/-Acres Divided in Linwood, NC - Davidson County
Aug 03, 2010
5 p.m. Eastern
Auction to be held at Holiday Inn Express Hotel & Suites
351 Vineyards Crossing
Lexington, NC 27295
Come check out this 4 tract, 4 Bedroom, 2.5 Bath Mobile Home with 1,942+/-Sq. Ft, Living Room, Dining Room, Kitchen, Den, Porch, Central Heat & AC, Water/Septic & Outbuilding provided to you by Iron Horse Auction Company
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(800) 997-2248
