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AUCTION SUMMARY

318 Acres+/- To Be Offered In 8 Tracts In Western Colbert County Saturday, August  30, 2008 at 10:00 AM (CST)

Type of Auction: Online Auction

Address of Auction: Buddy Durham Road, Cherokee, AL

Contact Name: Keith Mc Daniel

Contact Email: info@fowlerauction.com

More Info

Auction Highlights: These beautiful home sites are offered by The Living Estate Of Marceil Bishop. Attorney Gene M. Hamby, Jr. is the attorney for the estate.


Due to cell phone conditions in this location, we will not be able to conduct this auction live; however, registration and pre-bids may be left at www.proxibid.com/fowler until 12:00pm on August 29, 2008. We apologize for the inconvenience.

This property affords itself to beautiful home sites or excellent farm land. Tracts 7, 8, 9 and 10 have county water available. Electricity is available to all tracts. Tract 8 has water frontage along Bear Creek combined with tree cover create an ideal habitat for wildlife.

* Approximately 15 miles to TVA Colbert Steam Plant
* Approximately 12 miles to the tissue paper plant and the new box car plant

Tracts 1 - 6:
* Total crop land is 95 acres+/-
* 36.7 acres+/- of upland cotton base
* Direct yield is 615 lbs.
* 14.6 acres+/- of soybean base

Tracts 9 & 10:
* Crop land is 117 acres+/-
* 53 acres+/- of upland cotton base
* Direct yield is 615 lbs.
* 16 acres+/- of soybean base

Inspection: For a private viewing of this property, please contact Keith Mc Daniel at (256) 710-1450.

Directions: From Highway 72 and Natchez Trace Parkway in Cherokee, Alabama, travel west on Highway 72 approximately 4 miles to County Road 1 (Allsboro Road). Turn left onto Allsboro Road and travel 1.7 miles. Turn left onto Buddy Durham Road and travel approximately 2 miles to auction site on the right.

From the Alabama/Mississippi state line, travel 1 mile east on Highway 72. Turn right onto County Road 1 (Allsboro Road). Travel 1.7 miles and turn left onto Buddy DurhamRoad. Travel approximately 2 miles to auction site on the right.

Watch for Fowler Auction signs!

Terms & Conditions: On site bidders: A 10% Buyer's Premium will be added to the highest bid to arrive at the total purchase price. A non-refundable deposit of 10% (escrow money) is required auction day with the balance due on or before 30 days.

Online bidders: An 11% Buyer's Premium will be added to the highest bid to arrive at the total purchase price. A non-refundable deposit of 10% (escrow money) is required via certified funds in our office no later than 36 hours after auction day. The balance will be due on or before 30 days.

Disclaimers & Absence of Warranties: Information contained herein believed to be accurate but not guaranteed by Fowler Auction & Real Estate Service, Inc. In all transactions, the Auctioneers are acting as agents for the Seller only. Property will be sold "As Is, Where Is" with no guarantees, expressed or implied, by Fowler Auction & Real Estate Service, Inc. All decisions of the Auctioneers are final. Announcements made auction day take precedence over all printed materials.


This auction is being conducted by:


Fowler Auction and Real Estate
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