Auction: 
Lake Tillery Lots, Acreage and More (06/21/2017 - 06/28/2017)
Please refresh your browser to make sure you have the latest bids
Bid on 1 by gblountjr
06/25/2017 10:17:31 PM
Bid on 1 by Hough
06/25/2017 09:48:32 PM
Bid on 18 by craftsman
06/25/2017 08:07:45 PM
Parcel Combo
High Bidder High Bid Winning
1 gblountjr $6,000
2 gblountjr $4,000
3 Gameboy96 $775
4 Stwilson6 $675
5 betmac910 $625
6 betmac910 $575
7 hedied4U $500
8 Marg-Buehler $1,250
9 Gameboy96 $500
10 Gameboy96 $2,100
11 Stwilson6 $600
12 Gameboy96 $500
13 Gameboy96 $500
14 Marg-Buehler $500
15 $500
16 Pochop7 $975
17 Sguliz $950
18 craftsman $1,250
19 craftsman $1,000
20 Newton $2,875
21 Newton $2,000
Total Bids
150
View Bid Increments Auction Total
$28,150
 
Time Left:
Last Bid:
Your Selected Parcels: (none)
Starting Time: June 21, 2017, 08:00 AM
Closing Time: June 28, 2017, 02:00 PM
Time Left:
Buyer's Premium: 10%
  Parcel
Numbers
High Bidder Current Bid Winning

CLICK HERE FOR PROPERTY INFORMATION AND AERIAL MAPS

 

 

ONLINE w/ BID CENTER
June 21st at 8 am - June 28th at 2 pm


PROPERTY LOCATION
Montgomery, Rockingham and Scotland Counties

BID CENTER LOCATION
The Ford Place Restaurant
104 S. Main Street
Mt. Gilead, NC


INSPECTIONS
At Buyer's Leisure and  Liability

 





All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property.

Enter Misc Auction information

Member Managers of the LLC. are Licensed Real Estate Agents. 

Importance of Terms:

Please take the time to read the following set of terms and conditions for the online auction. When you register to bid, you will have to acknowledge that you have read these terms and conditions. If you intend to register the following items will pertain to you.

 

Agency:

Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.

 

Buyer's Premium:

There will be a Ten percent (10%) Buyer’s Premium added to the final bid price to determine the final contract purchase price.

 

 

Auction Ending:

Iron Horse Auction Company, Inc. Online Auctions are timed events and all bidding will begin to close at a specified time. Iron Horse Auction Company, Inc. online auctions also have an auto-extend feature. Any bid placed in the final ten minutes of an auction will automatically extend the auction ten minutes from the time the bid was placed. Example: If an auction is scheduled to close at 3:00 and receives a bid at 2:51, the close time will automatically extend to 3:01. The auto-extend feature will continue until there is a ten-minute period without a bid being placed on any item in the auction.

 

Outbid Notification:

During this auction process, there is a chance that you will be over bid. At that time you will receive an outbid notification. Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections and speed, sometimes email notifications can be delayed. We are not responsible for failure of any part of the bidding process or internet bidding.

 

Property Information & Inspection:

Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct any inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have either personally inspected the items being sold, hired an agent to inspect the items being sold, or waived your right to inspect the items being sold. Placing a bid creates a contractual agreement to purchase the items being sold at the high bid price plus a Buyer’s Premium and any additional fees including shipping.

 

Auctioneer's Discretion:

Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Iron Horse Auction Company, Inc. or the Seller.

 

Server & Software Technical Issues:

In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Iron Horse Auction Company, Inc., AuctionMethod, and the Seller reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Iron Horse Auction Company, Inc., AuctionMethod, or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Iron Horse Auction Company, Inc. may send email notifications to registered Bidders with updated information as deemed necessary.

 

Payment Terms:

Payment is due in full at the conclusion of the auction. No items will be released from the auction site without a valid paid invoice. NO EXCEPTIONS. NO CREDIT CARDS WILL BE ACCEPTED FOR PAYMENT OF TITLED VEHICLES.

 

Property Condition:

All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. The sale of an item is not negotiable if you are not the winning bidder of other items. If you bid on an item, you will pay and pick up that item.

 

Legal Interpretations:

The laws of the State of North Carolina shall interpret this document.

 

Disputes:

Any and all causes of action resulting from this auction shall be heard in the General Court of Justice of Richmond County, North Carolina as the sole and exclusive venue.

 

Auction Bidder and/or Buyer Default:

The Successful Bidder and/or Buyer not attempting to settle their invoice within 48 hours of the conclusion of the auction will be considered in default and will be black-flagged in our database as a Non-Paying Bidder. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder and/or Buyer in the event the successful high Bidder and/or Buyer does not comply with the terms of the sale. By bidding on the items in the auction, the Buyer agrees to all terms and conditions set forth. By registering and placing a bid, you agree that if you happened to become a Default Bidder or Non-Paying Bidder, Iron Horse Auction Company, Inc. has the right to charge your credit card for the entire balance of your invoice. If Iron Horse Auction Company, Inc. is able to sell your item to the next highest qualified Bidder at a price lower than the auction high bid price, the Default Bidder agrees to allow Iron Horse Auction Company, Inc. to charge their credit card for the difference in their high bid price and the actual selling price to the back-up Bidder.

 

Auction Cancellation – Bid Rejection:

Iron Horse Auction Company, Inc. reserves the right to reject any and all bids for any reason. Iron Horse Auction Company, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed, unless advertised Without Reserve.

 

Acceptance of Bid Prices:

All bids are subject to Seller confirmation unless the auction is advertised Without Reserve. The successful Bidders and/or Buyers will be required to enter into a Purchase Agreement immediately following the close of the auction. Iron Horse Auction Company, Inc. will email documents to be executed and they need to be faxed or emailed back to Iron Horse Auction Company, Inc. within 48 hours of the end of the auction. Successful Bidders and/or Buyers not executing and returning contracts with the earnest money deposit within 48 hours will be considered in default. Any and all inspections that a Buyer may want must be completed at the Buyer’s expense prior to the end of the auction. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder if the winning Bidder is in default of these terms. The winning Bidder and/or Buyer must execute the contract with no changes, modification, additions or deletion. In the event that you find yourself as a Bidder in default, you will be black-flagged as a NON-PAYING BIDDER and not allowed to participate in any further Iron Horse Auction Company, Inc. or AuctionMethod member auctions.

 

Vehicle Titles:

Vehicle titles will be mailed in 15 banking days after the conclusion of the auction. Vehicles cannot be paid for with credit card.

 

Possession:

Items are not release from auction sites or facilities until the Buyer has a paid invoice. The Buyer shall insure their items once they have been deemed the winning Bidder.

 

Bidder Verification:

The identity of all Bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Iron Horse Auction Company, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Iron Horse Auction Company, Inc. reserve the right to refuse service to any person who we feel to be fraudulent.

 

Bidder Responsibilities:

Bidder responsibilities include, but are not limited to: Bidders agree to keep their username and password confidential, as they are responsible for any and all activity involving their account. When using the website, you must obey any and all local, state, and federal laws. Violations will result in termination of website use privileges. We gather aggregate information from the website, which may include but is not limited to: the number of page visitors, most visited pages, and any and all correspondence.

 

Guaranty Agreement:

By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees earnest money payment to Iron Horse Auction Company, Inc.

 

Age Requirement:

All bidders must be eighteen (18) years of age or older.

 

Check Out:

Any items not picked up by the winning Bidder, or their preferred shipper they have hired and scheduled, after the last scheduled day of check out, will be considered forfeited and abandoned. No refunds or adjustments will be given.

 

Date Time Bid Parcels Bidder
06/25/2017 10:17:31 PM $6,000 1 gblountjr
06/25/2017 09:48:32 PM $5,100 1 Hough
06/25/2017 08:07:45 PM $1,250 18 craftsman
06/25/2017 08:07:03 PM $1,000 19 craftsman
06/25/2017 06:05:35 PM $675 4 Stwilson6
06/25/2017 02:01:46 PM $500 14 Marg-Buehler
06/25/2017 01:48:52 PM $1,250 8 Marg-Buehler
06/25/2017 10:45:46 AM $5,000 1 gblountjr
06/25/2017 10:45:28 AM $4,000 2 gblountjr
06/25/2017 08:56:58 AM $775 3 Gameboy96
06/25/2017 08:41:34 AM $3,700 2 betmac910
06/25/2017 08:41:15 AM $625 5 betmac910
06/25/2017 08:40:54 AM $625 4 betmac910
06/25/2017 08:40:33 AM $725 3 betmac910
06/25/2017 08:39:57 AM $3,600 2 betmac910
06/25/2017 08:39:40 AM $4,600 1 betmac910
06/25/2017 07:49:54 AM $575 4 john1
06/25/2017 07:45:02 AM $675 3 john1
06/25/2017 07:44:06 AM $625 3 john1
06/24/2017 06:16:54 PM $2,100 10 Gameboy96
  Description
1
View Images
Bid History

Waterfront Lot at 127 Forest Lake Court, Mt. Gilead, NC

-Montgomery County
-Swift Island Plantation Subdivision
-Plat Lot 51
-.56+/- acres
-Deed Book 625, Page 792
-PIN 6575 07 58 2477
-Tax Value $210,000.00
-HOA dues are approximately $600.00 per year
-Subject to recorded restrictions and covenants
-Lot was dredged about 10 years ago.

-Bid can be combined with auction lot 2. Cannot be combined with any other auction lot.

 

2
View Images
Bid History

Waterfront Lot at 113 Forest Lake Court, Mt Gilead NC

-Montgomery County
-Swift Island Plantation Subdivision
-Plat Lot 50
-1.25+/- acres
-Deed Book 625, Page 792
-PIN 6575 07 58 3579
-Tax Value $131,300.00
-HOA dues are approximately $600.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lot 1. Cannot be combined with any other auction lots.

3
View Images
Bid History

Waterfront Lot on Russ Drive, Mt. Gilead, NC

Waterfront Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 15
-.69+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 31 6139
-Tax Value $135,400.00
-HOA dues are approximately $300.00 per year
-Subject to recorded restrictions and covenants
-Purchaser is able to build a pier/boathouse, but must submit application to Duke Energy.
-Bid can be combined with auction lots 4-11. Cannot be combined with any other auction lots.

 

4
View Images
Bid History

Waterfront Lot on Russ Drive, Mt. Gilead, NC

Waterfront Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 13
-.59+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 31 8333
-Tax Value $119,000.00
-HOA dues are approximately $300.00 per year
-Subject to recorded restrictions and covenants
-Purchaser is able to build a pier/boathouse, but must submit application to Duke Energy.

-Bid can be combined with auction lots 3, 5-11. Cannot be combined with any other auction lots.

5
View Images
Bid History

Waterfront Lot on Russ Drive, Mt. Gilead, NC

Waterfront Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 12
-.65+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 31 9440
Tax Value $63,000.00
-HOA dues are approximately $400.00 per year
-Purchaser is not able to build a pier/boathouse on this lot
-Not a pier/boathouse lot
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3, 4, 6-11. Cannot be combined with any other auction lots.

6
View Images
Bid History

Waterfront Lot on Russ Drive, Mt. Gilead, NC

Waterfront Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 11
-.8+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 41 0464
Tax Value $62,500.00
-HOA dues are approximately $400.00 per year
-Purchaser is not able to build a pier/boathouse on this lot
-Not a pier/boathouse lot
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-5 & 7-11. Cannot be combined with any other auction lots.

7
View Images
Bid History

Lot on Russ Drive, Mt. Gilead, NC

Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 10
-.98+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 41 2427
-Tax Value $58,800.00
-HOA dues are approximately $400.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-6 & 8-11. Cannot be combined with any other auction lots.

8
View Images
Bid History

Lot on Russ Drive, Mt. Gilead, NC

Lot on Russ Drive, Mt. Gilead, NC
-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 9
-3.64+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 41 5362
-Tax Value $56,900.00
-HOA dues are approximately $400.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-7 & 9-11. Cannot be combined with any other auction lots.

9
View Images
Bid History

Lot on Russ Drive, Mt. Gilead, NC

-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 8
-4.25+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 51 0116
-Tax Value $49,900.00
-HOA dues are approximately $400.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-7 & 9-11. Cannot be combined with any other auction lots.

10
View Images
Bid History

Lot on Russ Drive, Mt. Gilead, NC

-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 3
-6.6+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 30 9834
-Tax Value $58,600.00
-HOA dues are approximately $400.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-9 & 11. Cannot be combined with any other auction lots.

11
View Images
Bid History

Lot on Russ Drive, Mt. Gilead, NC

-Montgomery County
-The Cove at Lilly's Bridge
-Plat Lot 17
-.91+/- acres
-Deed Book 647, Page 524
-PIN 6584 00 30 8493
-Tax Value $71,500.00
-HOA dues are approximately $400.00 per year
-Subject to recorded restrictions and covenants
-Bid can be combined with auction lots 3-10. Cannot be combined with any other auction lots.

12
View Images
Bid History

House and Lot at 120 Arlington Street, Reidsville, NC

-Rockingham County
-.35+/- acre
-Deed Book 881, Page 541
-PIN 8905 1831 4782
-Tax Value $34,210.00
-Selling Subject to the US Bankruptcy Court for the Middle Disctrict, Greensboro Division Approval, Case # B-16-11084
-Bid Can Not Be Combined WIth Any Other Auction Lot.

13
View Images
Bid History

House and Lot at 630 Riverside Drive, Eden, NC

-Rockingham County
-.306+/- acre
-Deed Book 1276, Page 2431
-PIN 7070 0877 9747
-Tax Value $10,641.00
-Selling Subject to the US Bankruptcy Court for the Middle Disctrict, Greensboro Division Approval, Case # B-16-11084
-Bid Can Not Be Combined With Any Other Auction Lot.

14
View Images
Bid History

Vacant Lot at 256 Carolina Drive, Troy, NC

-Montgomery County
-Carolina Forest Subdivision Lot 1006
-.360+/- acre
-Deed Book 766, Page 705
-PIN 6589 20 90 5634
-Wooded lot, slopes gently left to right, rolling woodland.
Approximate boundaries are marked on Carolina Drive with flagging tape, older tape is evident on trees in the woods marking the north and south lot lines.
-Carolina Forest Covenants and Restrictions Apply
-Gated community with marina, paved streets, trailer storage area.
-Lot has previously had health permit for septic that expired two years ago but is still on record with the county.
-Directions: From entrance follow Island Creek Drive, turn right on Tanglewood, turn left on Carolina Drive. Auction Lot 14 is approximately 200 yards on right of Carolina Drive.
-HOA dues are approximately $465.50 per year with a $75.00 transfer fee
-Bid Can Not Be Combined With Any Other Auction Lot.

15
View Images
Bid History

Vacant Lot on Raccoon Run, Wagram, NC

-Scotland County
-Deercroft Subdivision
-Plat Lot 26, Block 1, Section 30
-Deed Book 140, Page 292
-PIN 03-0433-C-01-026-
-Tax Value $12,000.00
-HOA dues are approximately $380.76 per year
-Subject to recorded restrictions and covenants
-Bid Can Not Be Combined With Any Other Auction Lot

16
View Images
Bid History

Vacant Lot on Hilltop Road, Cherokee County

-Cherokee County
-Plat Lot 4 Country Place
-Parcel 4560-02-86-6776
-Deed Book 1194, Page 292

-1.76+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
-Bid can be combined with auction lots 17-21. Cannot be combined with any other auction lots.

17
View Images
Bid History

Vacant Lot on Oak Brook Lane

-Cherokee County
-Plat Lot 12 & 13 Country Place
-Parcel 4560-02-96-4799
-Deed Book 1194, Page 292

-2.1+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
Bid can be combined with auction lots 16, 18-21. Cannot be combined with any other auction lots.

18
View Images
Bid History

Vacant Lot on Hilltop Road

-Cherokee County
-Plat Lot 23 Country Place
-Parcel 4560-02-97-9248
-Deed Book 1194, Page 292

-1.63+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
Bid can be combined with auction lots 16, 17 & 19-21. Cannot be combined with any other auction lots.

 

19
View Images
Bid History

Vacant Lot on Hilltop Road

-Cherokee County
-Plat Lot 24 Country Place
-Parcel 4560-02-07-1265
-Deed Book 1194, Page 292

-1.47+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
Bid can be combined with auction lots 16-18 & 20, 21. Cannot be combined with any other auction lots.

20
View Images
Bid History

Vacant Lot on Hilltop Road

-Cherokee County
-Plat Lot 37 Country Place
-Parcel 4560-02-95-8823
-Deed Book 1194, Page 292

-1.31+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
Bid can be combined with auction lots 16-19 & 21. Cannot be combined with any other auction lots.

21
View Images
Bid History

Vacant Lot on Riverstone Lane

-Cherokee County
-Plat Lot 38 Country Place
-Parcel 4560-02-96-7058
-Deed Book 1194, Page 292

-1.35+/- Acres
-Selling Subject to Approval by the US Bankruptcy Court for the Western Disctrict, Asheville Division, Case # 13-20029
Bid can be combined with auction lots 17-20. Cannot be combined with any other auction lots.