Name Creekside Hideaway / House & 7.75 acres
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 5/5/2022 - 5/26/2022
Location 6517 Oak Hill Road
Lyles, TN 37098
Buyer Premium 10% of the Bid Amount will be added
"Gramp's Camp" Creekside Hideaway / 2 Bedroom House ...and a CREEK runs through it! Scenic 7.75 acres in Lyles, TN near Mill Creek I found "Gramp" sitting on the long and wide deck porch overlooking the creek secluded underneath the gorgeous mature white oak trees.  "The grandkids love running back and forth across the bridge & playing in that creek," was his first comment.  Peaceful, quiet, relaxing, are just a few of the many thoughts that come to mind while sitting on the porch taking in the views of the creek and walk-paths.  As I walked down to the creek and walk bridge, I noticed their swing - strategically placed to take full advantage of the sounds of the creek and views of the areas surrounding the old workshop. I suspect the new owner will quickly convert this old workshop into the new Grillin' & Chillin' location for family and friends. The owner just recently completed a new bridge (rated safely at 2 tons, and tested with 4 tons) to make access from the house to the shop as an easy trip by side-by-side, golf cart, ATV or vehicle. The house has just underwent a transformation from rustic retreat to a more "family-friendly" home.  The house features just over 1,000 square feet of living space with two large bedrooms and one full bath. (see room sizes below).  Several NEW additions to the house include a YORK 2-ton HVAC system with gas heat, hot water heater, engineered wood plank flooring throughout, ceramic tile in bathroom and mud room / utility, windows, stone work to the exterior, and a concrete carport / patio to the side.  The owner also replaced the old septic system with a new 1,000 gallon tank and field lines rated and approved for a two bedroom home. While standing in the kitchen, I noticed a very useful feature - a slider window strategically placed to hand food and drink back and forth from kitchen to porch!  The island located in the kitchen is not fixed and can be  easily moved or replaced if desired. The house and creekside shop sit on a newly surveyed parcel measuring 5.08 acres.  There is a separate deeded parcel that features 2.73 acres.  We are offering each parcel separately and then combined as a whole. The 2.73 acre parcel had a 2 bedroom mobile home located on it until just recently.  There is a septic system in place on this parcel that served the mobile home.  The electrical service is still onsite for this now vacant parcel.  The public water serving this parcel is an extension of the water line serving the home.  If this parcel sells separately, the new owner will need to install a new, metered water line.The vacant 2.73 acre parcel boasts 182' of creek frontage.  Access to this parcel is by the same private drive providing access to the home.  This private deeded driveway goes to Oak Hill Road.  This vacant parcel is Lot #2 on the bidding site. The featured property for this auction is the house and 5.08 acres off Oak Hill Road with long creek frontage.  Actually, the creek runs through the parcel!  If you wish to own both parcels, be sure to bid on Lot #3 - This bidding lot combines BOTH parcels together for the new owner. Room Sizes: Living Room - 18' x 11' Kitchen - 15' x 9' Bedroom 1 - 12' x 14' Bedroom 2 - 11' x 16' Full Bath - 9' x 9' Bidding for this Auction: Lot #1 - House & 5.08 acres, includes the shop which is located across the creek from the house. Lot #2  -  Vacant parcel featuring 2.73 acres.  Electrical service on this site.  Septic system in place on this site.  Public water to this site, but is currently an extension of the water line serving the house.  If sold separately, the new owner will need to run a new dedicated water line to this site. Lot #3  -  This lot is your opportunity to own BOTH parcels and have a house, shop, long creek frontage, utilities in place on a total of 7.75 acres. David Hudgins, auctioneer - TN Lic# 4787 There is a 10% Buyer's Premium added to the Bid Amount to determine the final purchase price. OPEN HOUSE - SUNDAY May 22nd, 1-3pm
Auction Terms & Conditions PROCEDURE: The property will be offered in two separate parcels and combined as a whole DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 45 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. Reserve Auction - Seller reserves the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 45 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Selling per existing deed (if sold as a whole). A recent survey of the 5.08 acresis available to review. AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is RESIDENTIAL UTILITIES: Public Water, Gas & Electricity DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 2,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added