Olive Hill Farm
ONLINE LAND AUCTION - Starting May 22, 2024 @ 2:00 PM CST - May 29, 2024 @ 2:00 PM CST. Register to bid at auctions.nationalland.com. This pristine 212.93-acre farm is located in Ramer Tennessee. This tract features 58 acres of income-producing row crop land, 64 acres of CRP Plantation Pine and 72 acres of mature mixed hardwoods and pines. There is a two-plus acre lake stocked with catfish and crappie with gentle walk-down access to enjoy days of fishing. The property has an abundance of wildlife including White-tailed Deer, Turkey, Quail, and other small game. A well-maintained trail system that lets you access all parts of the property for trail riding or placing your favorite hunting stands. There are two nice 3BR 2Bth houses are on the property along with shops, outbuildings, and a barn. The property will be offered in five separate tracts and the bidder will have the ability to bid on each tract or in its entirety. Call Agent Dale Jeffreys at 256-810-4353 or Jeramy Stephens (Auctioneer #7494) at 870-672-3250 with any additional questions.
***Please use the directions below to the property. Most GPS will give directions to the backside of the property and not where the houses are located.***
From Corinth Mississippi - Take Hwy 45 N for 7.65 miles to Guys Chewalla Road. Turn left and follow Guys Chewalla Road for 4.4 miles to Olive Hill Church Loop. Turn left onto Olive Hill Church Loop for 1/2 mile property is on the left.
From Ramer Tennessee - Take Chewalla Road (State 234) for 4 miles to Guys Chewalla Road. Turn left and follow Guys Chewalla Road for 2.9 miles to Olive Hill Church Loop. Turn right and for 1/2 mile and property is on the left.
From Selmer Tennessee - Take Hwy 45 S for 9 miles to Guys Chewalla Road. Turn right and follow Guys Chewalla Road for 4.4 miles to Olive Hill Church Loop. Turn left onto Olive Hill Church Loop for 1/2 mile property is on the left.
Bidding will be on the Five Separate Tracts and the Entire Property. To bid on the individual tracts click on that tract and hit request bid. To bid on the entire property, select all the tracts.
Bidding will be a per acre bid for Tracts 1, 2 & 3. Tracts 4 & 5 will be a lump sum bid. The entire property will be a lump sum bid.
The closing date will be on or before July 10, 2024.
There is a farm lease in place for 2024. Possession is subject to the farm lease. The farm rent will be prorated to the closing date.
All CRP contracts will transfer to the new owner. The CRP payments will be prorated to the closing date.
There is a 5% Buyers Premium. This Premium will be in addition to the acceptable successful bid amount.
