81.59 Units
A 2.5% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
81.59+/- Acres of cropland, CRP Pine Timberland, Hardwoods,
There are no bids for the lot at this time
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.
The Olive Hill Farm consisting of 212.93 acres located in McNairy County, TN is being offered for sale by online auction only. Starting May 22, 2024 @ 2:00 P.M. CST and ending on May 29, 2024 @ 2:00 P.M. CST.
The property will be offered in Five Separate Tracts and bidders will be able to bid on Individual Tracts or in its entirety.
Tract 1 - 67.14+/- Acres (Cropland/Pastureland/Barn/CRP Pine Timberland)
Tract 2 - 56.92+/- Acres (Cropland/Pastureland/Pond/Great Building Site)
Tract 3 - 81.59+/- Acres (Cropland/CRP Pine Timberland/Hardwoods)
Tract 4 - 3.93+/- Acres (House & Out Buildings)
Tract 5 - 3.35+/- Acres (House & Shop Building)
There is an existing survey for the entire property. If property is sold in tracts and not its entirety, a survey will be completed for each tract and the total sales price will be the accepted bid per acre at the total surveyed acres.
Winning bidders or bidder will be required to provide a 10% nonrefundable deposit the day of the sale. Close of property will be on or before July 10, 2024.
Purchasers of the property can take immediate possession upon closing. Seller may need additional 30 days to remove all personal items from the house.
There is a farm lease in place on the cropland and purchase will be subject to the lease. The cash rent will be prorated to the day of closing.
All CRP payments on the property will be prorated to the day of closing.
All boundaries shown on photos and videos are for illustrative purposes only and are not guaranteed to be accurate.
There is a 5% Buyers Premium. This Premium will be in addition to the acceptable successful bid amount.
Online Bidders will need a reliable internet source to complete bids online.
All final bids must be approved by Seller.
See Full Terms & Conditions in the Documents Section.
Ramer, Tennessee 38367
United States
