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TO BID, ETC.,
PLEASE CALL:
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ABSOLUTE ONLINE AUCTION
Bank Owned
Golf Front, Lake Front & Other Lots Located in Central North Carolina & Virginia
through
Thursday, May 31, 2012 at 6:00pm
All HOA Fees Paid up to Day of Closing
LOTS 18 - 24 HAVE BEEN COMBINED AS 1 LOT
Moore County- Lake Front Lot in McLendon Hills and 6 Lots in Seven Lakes on Golf Course.
Johnston County- 45.93 Acre Tract
7 Townhome Lots in River Dell Townes
Commercial Lot in Gateway Medical Park
9 Lots in Twisted Oaks Subdivision
3.67 Acres in Pine Valley Commerce Center
Lee County- Lots in Carolina Trace
Warren County- Modular Home and Lot
Orange County- 3.60 Acres and other Residential Lots
Hilton-North Raleigh, 3415 Wake Forest Road,
Raleigh, NC 27609 - Salon C.
1 Modular Home and Lot at 604 Paschall Station Rd, Plat Lot 4 of Paschall Farms; Warrenton, NC; Warren County; Pin# E2128E; Tax Value $99,245.00. NO RESERVE, SELLING REGARDLESS OF PRICE!
2 2.65 /- Acre Lot in Clara’s Farm, Plat Lot#3; Roxboro, NC; Person County; Pin # A103-50; Frontage on Thomas Green Rd;Tax Value $11,750.00. Zoned Rural Conservation. NO RESERVE, SELLING REGARDLESS OF PRICE!
3 3.5 /- Acre Lot in Clara’s Farm, Plat Lot#2; Roxboro, NC; Person County; Pin # A103-51; Frontage on Thomas Green Rd;Tax Value $10,475.00. Zoned Rural Conservation. NO RESERVE, SELLING REGARDLESS OF PRICE!
4 4.9 /- Acres on Willie Gray Road &Sandlewood Circle, Plat Lot #’s 1 & 2; Timberlake, NC; Person County;Pin # A54 29; Tax Value $35,500.00. Zoned Residential. NO RESERVE, SELLING REGARDLESS OF PRICE!
5 2.21 /- Acres on Sandlewood Circle, Plat Lot #’s 6 & 7; Timberlake, NC; Person County; Pin # A54 168; Tax Value$21,950. Zoned Residential. NO RESERVE, SELLING REGARDLESS OF PRICE!
6 3.6 /- Acre Lot on Fellowship Lane, Plat Lot C, New Sharon Wood II Subdivision; Rougemont, NC; Orange County; PIN-0808761378; Off of New Sharon Church Rd. Tax Value $52,697.00. Zoned Agricultural Residential and is in the Little River Protective Watershed. NO RESERVE, SELLING REGARDLESS OF PRICE!
7 Lot at 4014 Rocky Creek Drive; Plat Lot 18,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170639; Off Fletchers Chapel Rd.; 2.97 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
8 Lot at 4102 Rocky Creek Drive; Plat Lot 17,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170638; Off Fletchers Chapel Rd.; 3.08 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
9 Lot at 4112 Rocky Creek Drive; Plat Lot 16,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170637; Off Fletchers Chapel Rd.; 3.17 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
10 Lot at 4206 Rocky Creek Drive, Plat Lot 14,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170635; Off Fletchers Chapel Rd.; 3.86 Acres. NO RESERVE, SELLING REGARDLESS OF PRICE!
11 Lot at 4216 Rocky Creek Drive; Plat Lot 13,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170634; Off Fletchers Chapel Rd.; 3.91 Acres. NO RESERVE, SELLING REGARDLESS OF PRICE!
12 Lot at 4203 Rocky Creek Drive; Plat Lot 7,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170628; Off Fletchers Chapel Rd.; 3.55 Acres
13 Lot at 4119 Rocky Creek Drive; Plat Lot 16,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170627; Off Fletchers Chapel Rd.; 3.8 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
14 Lot at 4111 Rocky Creek Drive; Plat Lot 5,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170626; Off Fletchers Chapel Rd.; 3.18 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
15 Lot at 4101 Rocky Creek Drive; Plat Lot 4,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170625; Off Fletchers Chapel Rd.; 3.06 Acres NO RESERVE, SELLING REGARDLESS OF PRICE!
16 Lot at 4015 Rocky Creek Drive; Plat Lot 3,Rocky Creek Subdivision, Section 1, Durham, Durham County; Parcel ID:170624; Off Fletchers Chapel Rd.; 1.48 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
17 45.93 /- Acres off Sunshine Road with 4 Septic Field Lots on Old Pebble Lane, Kenly, NC; Johnston County; PIN04Q06019W; 04Q06019Y; 04Q06019Z; 04Q06020; 04Q06019; 45.93 /- Acres. Septic Lots are not buildable. Zoned AR. MINIMUM BID OF $60,000.00
LOTS 18 - 24 HAVE BEEN
COMBINED AS 1 LOT
18 Town Home Lot on River Dell Townes Avenue; Plat Lot7, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055H. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
18 Town Home Lot on River Dell Townes Avenue; Plat Lot6, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055G. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
18 Town Home Lot on River Dell Townes Avenue; Plat Lot5, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055F. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
18 Town Home Lot on River Dell Townes Avenue; Plat Lot4, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055E. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE
18 Town Home on River Dell Townes Avenue; Plat Lot3, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055D. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
18 Town Home Lot on River Dell Townes Avenue; Plat Lot2, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055C. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
18 Town Home Lot on River Dell Townes Avenue; Plat Lot1, River Dell Townes Subdivision, Clayton, NC; Johnston County; Just off Buffalo Rd.; 16k05055B. HOA dues are approx. $175.00/month. Due at closing by the buyer is a $1,000.00 Street Fund Contribution and $90.00 Flowers Foundation Dues. NO RESERVE, SELLING REGARDLESS OF PRICE!
LOTS 18 - 24 HAVE BEEN
COMBINED AS 1 LOT
25 1.465 /- Acre Lot in Gateway Medical Parkon Gateway Drive; Plat Lot 9, Commercial Lot; Clayton, NC; Johnston County; 05G02003E; Easy access to U.S. Highway 70; Other Medical Professionals Already Established in Medical Park; Zoned OI. Tax Value $345,780.00. MINIMUM BID OF $99,000.00.
26 Lot at 128 Victor Court, Plat Lot 30; Twisted Oak Subdivision, Garner, NC; Johnston County, Pin # 06F04005Q; Tax value $45,000.00; .47 Acres, NO RESERVE,SELLING REGARDLESS OF PRICE!
27 Lot at 408 Majestic Oak Dr, Plat Lot 21;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin # 06F04005H; Tax value $45,000.00, .32 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
28 Lot at 72 Green Forest Trail, Plat Lot 60;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin #06F04048J; Tax value $45,000.00, .34 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
29 Lot at 49 Green Forest Trail; Plat Lot 67;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin #06F04006Y; Tax value $45,000.00; .62, NO RESERVE, SELLING REGARDLESS OF PRICE!
30 Lot at 381 Majestic Oak Dr; Plat Lot 58;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin #06F04046Z; Tax value $45,000.00; .35 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
31 Lot at 360 Majestic Oak Dr; Plat Lot 18;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin # 06F04005E; Tax value $45,000.00; .31 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
32 Lot at 293 Majestic Oak Dr; Plat Lot 70;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin #06F04048L; Tax value $45,000.00; .34 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
33 Lot at 247 Majestic Oak Dr; Plat Lot 72;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin # 06F04048N; Tax value $45,000.00; .33 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
34 Lot at 33 Majestic Oak Dr.; Plat Lot 80;Twisted Oak Subdivision, Garner, NC; Johnston County, Pin #06G05043V; Tax value $45,000.00; .51 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
35 3.675 /- Acre Lot on Kegan Lane; Pine Valley Commerce Center, Plat Lot 18; Pine Level, NC: Johnston County; Zoned LI; Pin #12N11059V; Just off U.S. Highway 70; Zoned LI, Tax Value $112,110.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
36 Lake Front Lot at 171 Pinewood Cove, Plat Lot 72; Cutter Creek Subdivision; Snow Hill, NC; Greene County; Pin #322910; .25 Acres; HOA dues are approx. $41.00/ month. Tax Value, $83,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
37 1.232 /- Acres in Sunridge Subdivision,Plat Lot 36 and 36-A; Near Pikeville, NC; Wayne County; Pin #3642436903;Includes Septic Field and drainage easements; No zoning. Tax Value $26,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
38 3.453 /- Acres in Sunridge Subdivision,Plat 35 and 35-A; Near Pikeville, NC; Wayne County; Pin #3642433921;Includes Septic Field and drainage easements; No zoning. Tax Value $40,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
39 6.854+/- Acres in Sunridge Subdivision; Near Pikeville, NC; Wayne County; 364338877; Includes Septic Field and drainage easements; Near Pikeville, NC; Wayne County;Pin #364338877; No zoning. Tax Value$40,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
40 Lot at 101 Kenison Way, Plat Lot 28;Settlers Pointe Subdivision, Section Three; Pikeville, NC; Wayne County;Pin #3633423786; Corner Lot Within Subdivision; .423 Acres; Tax Value $25,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
41 Lot at 100 Kenison Way; Plat Lot 21,Settlers Pointe Subdivision, Section Three; Pikeville, NC; Wayne County;Pin #3633424538; Corner Lot Within Subdivision; .48 Acres; Tax Value $25,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
42 Lot on Buck Swamp Road, Plat Lot 179; Fallingbrook Estates Subdivision, Section Ten; Wayne County; 2691389557;Tax Value $20,400.00; .61 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
43 Lot on Buck Swamp Road; Plat Lot 178; Fallingbrook Estates Subdivision, Section Ten; Wayne County; 2691388644;Tax Value $20,400.00; .58 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
44 Lot on Buck Swamp Road; Plat Lot 177; Fallingbrook Estates Subdivision, Section Ten; Wayne County; 2691387639;Tax Value $20,400.00; .61 Acres, NO RESERVE, SELLING REGARDLESS OF PRICE!
45 Lot at 5025 Cardinal Circle, Plat Lot 5025;Carolina Trace Subdivision, Mallard Cove; Sanford, NC; Lee County; 9670-18-3618-00; Near Carolina Trace Golf Course; Tax Value $10,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
46 Lot at 5024 Cardinal Circle, Plat Lot 5024;Carolina Trace Subdivision, Mallard Cove; Sanford, NC; Lee County; 9670-18-3705-00; Near Carolina Trace Golf Course; Tax Value $10,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
47 Lot at 911 Windrace Trail, South, Plat Lot 911; Carolina Trace Subdivision, Southwind; Sanford, NC; Lee County; 9670-01-2764-00; HOA dues are approx. $338.00/ year. Near Carolina Trace Golf Course; Tax value $6,000.00
48 Lot at 1020 Windrace Trail, Plat Lot 1020;Carolina Trace Subdivision, Southwind; Sanford, NC; Lee County; 9670-11-0715-00; HOA dues are approx. $338.00/ year. Near Carolina Trace Golf Course; Tax value $5,100.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
49 Lot on Paul McCain Road, Plat Lot 18, Blk B; Forest Hills Subdivision; Aberdeen, NC; Moore County; 857006289277 Near Shopping and Restaurants; Just off U.S. Highway 1; Tax Value $25,200.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
50 Water Front Lot at 592 McLendon Hills Dr.; McLendon Hills Subdivison, Plat Lot 106H; West End, NC: Moore County; 852505179988; On Lake Troy Douglas; Beautiful Equestrian Park in Subdivision; Off Highway 211; HOA dues are approx. $580.00/year. Tax Value$165,760.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
51 Lot on Callis Circle, Plat Lot 4266; Seven Lakes West Gated Community; Seven Lakes, NC; Moore County; 852419629052;Golf View; Easy Access to Back Gate; Access to Pool, Lake and Club House; HOA dues are approx. $57.00/month. $60,000.00 Tax value, NO RESERVE, SELLING REGARDLESS OF PRICE!
52 Golf Front Lot on Banbridge Dr., Plat Lot 6185; Seven Lakes West Gated Community; Seven Lakes, NC; Moore County;851403427768; Golf Front on Beacon Ridge Course; Access to Pool, Clubhouse and Lake; HOA dues are approx. $57.00/month. Tax value $39,060.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
53 Golf Front Lot at 166 Banbridge Dr., Plat Lot 6190; Seven Lakes West Gated Community; Seven Lakes, NC; Moore County;10000136, Golf Front on Beacon Ridge Course; Access to Pool, Clubhouse and Lake; HOA dues are approx. $57.00/month. Tax value $39,060.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
54 Golf Front Lot at 230 Paula Court, Plat Lot 9, Seven Lakes West Gated Community; Seven Lakes, NC; Moore County;99000464; On Beacon Ridge Golf Course; HOA dues are approx. $57.00/month. Tax Value $47,230.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
55 Lot at 173 Grace Court, Plat Lot 21, The Commons at Beacon Ridge; Seven Lakes, NC; Moore County; 20070060; On Beacon Ridge Golf Course; HOA dues are approx. $57.00/month. Tax Value $45,000.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
56 Golf Front Lot at 210 Finch Gate, Plat Lot34, The Commons at Beacon Ridge; Seven Lakes, NC; Moore County; 20070040;On Beacon Ridge Golf Course; HOA dues are approx. $57.00/month. Tax Value $67,500.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
57 House and 10.1 /- Acres at 7516 NC Highway130 West; Rowland, NC; Robeson County; 1120200601; 1.13 miles to intersection of NC 130 and Highway 15-501; Tax Value $20,100.00, NO RESERVE,SELLING REGARDLESS OF PRICE!
58 2 Lots on Martin Luther King Drive, Plat Lot #’s 11 & 12; Lumberton, NC; Robeson County; 325101026; Zoned B-3. Tax Value $4,400.00, NO RESERVE, SELLING REGARDLESS OF PRICE!
59 7.45 /- Acres on Audreys Lane, Plat Lot B;Louisa, VA; Louisa County; Map 11 12 B; 7.45 Acres; NO RESERVE, SELLING REGARDLESS OF PRICE!
60 6.5 /- Acres on Wickham Road, Plat Lot 4, Hambleton Estates, Bumpass, VA; Louisa County; Map 84 19 4; 6.51 Acres. NO RESERVE, SELLING REGARDLESS OF PRICE!
Note: We have tried, to the best of our ability, to gather current HOA figures. We do not guarantee they are exact but are approximate for some point. Some parcels may be subject to dues or assessments and we have not been able to obtain same. We have posted the information we have been able to gather.The seller will pay all back taxes, dues and assessments. The current years taxes, dues and assessments will be prorated as of the date of closing. Please do your own due diligence prior to bidding.
INSPECTIONS
At Buyer’s Leisure & Liability
Selling AS IS / WHERE IS. A credit card, Visa, MasterCard or Discover, is required to register & bid. A 20% deposit is due at the end of the auction by bank wire no later than Monday, June 4, 2012 at 5 p.m. Balance is due on June 25th by 5pm, with NO exceptions. A 7% buyer’s premium will apply. *NOTE - If you can not close by June 25th, please do not bid!
*By bidding, you the bidder/buyer certify that you have either closely examined the item(s), have chosen to not examine the item(s)or have hired an independent agent to the item(s) for you. *If payment is not received IHAC will attempt to collect by charging the credit card in which you registered.
Iron Horse Auction Company, Inc.
PO Box 1267-Rockingham, NC 28380
800-997-2248 – NCAL 3936
www.ironhorseauction.com
Files
File #1:
Broker Participation Forms
File #2:
Pre-Auction Offer Registration Form
File #3:
Sample Contract
60 Lots, Farms and Homes in Central North Carolina & Virginia
May 23rd at 8am- May 31st at 6pm
8:00am Eastern
All Properties are Subject to Acceptance of a Pre-Auction Offer by the Seller until 12pm May 31, 2012
Bank Owned Residential & Commercial Lots in 16 NC Counties
BIDDING CENTRAL LOCATION
Hilton-North Raleigh, Salon C, 3415 Wake Forest Road, Raleigh, NC 27609.
INSPECTIONS
At Buyer's Leisure & Liability
All Taxes & HOA Fees Paid To Day Of Closing
Selling Free & Clear of Liens & Encumbrances

Conducted By:
Iron Horse Auction Company
910-997-2248
www.ironhorseauction.com
www.ponzischemeauction.com






