COURT ORDERED ESTATE AUCTION

2 DAY AUCTION EXTRAVAGANZA

SATURDAY, JUNE 16th & 23rd @ 10 AM CDT

SELLING BY COURT ORDER FOR THE SETTLEMENT OF THE ESTATE OF BERT SHATTUCK “SHAD” ELLIS

Corey Colbert, Esq, Administrator


Saturday, June 16, 2018 @ 10 AM CDT

  • 3 Mile Resort on Weiss Lake
  • 75 +/- Recreation Lots on World Famous Weiss Lake
  • Also selling Adjacent 15+/- Ac of Lakefront Property
  • Auction to be conducted at 3 Mile Resort just off Co Rd #31

Saturday, June 23rd @ 10 AM CDT

  • 45 +/- Properties
  • 82+/- Ac on Hog Island--Goat Island—Lil Buck Island
  • Lake—Commercial—Residential—Recreation--Developed Lots--Acreage
  • Auction to be conducted at Gadsden State Community College,
  • Centre Campus—801 Cedar Bluff Rd, Centre

MANY OF THESE PROPERTIES TO BE SOLD ABSOLUTE, REGARDLESS OF PRICE TO THE HIGHEST BIDDER

  • Property #101: 3 Mile Resort and Adjoining Acreage-- PIN #45881 & 45873:
    • 6 Waterfront lots In Phase 1
    • 73 Lots in Phase II—39 Waterfront, 34 Interior
    • All Lots have Water, Sewer and Power
    • Common Area with Dock and Boat Ramp
    • Reasonable Restrictions
    • Excellent waterfront and water access lots affording incredible views, gentle terrain, world class fishing, boating and all water activities
    • The additional 15+/- acres will be offered in 2 tracts.  It is ideal for future development with long frontage on Weiss and an incredible Point!!
    • The lots and acreage will be offered in tracts, combinations of tracts or as a whole.
    • FOR THE SERIOUS INVESTOR, THIS COULD BE YOUR ONCE IN A LIFETIME OPPORTUNITY TO OWN A LONGTERM, STEADY INCOME!!
    • Selling on Site Under the Dempsey Tent!!!
    • The property is open for inspection.  Dempsey representatives to be on site Sunday, June 10th and Friday June 15th 1:00-4:00

 

  • Property #102 1+/- Ac Waterfront Lot in Cherokee Landing (PIN #503064) SELLING ABSOLUTE
    • Large Waterfront Lot in Established Development
    • Water, Sewer and Power Available.
    • Deeded Boat Slip (#11) in the Community Boat House
    • Reasonable Protective Covenants
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  • Property #103: (4) Lakefront Building Lots on Cowan Creek (PIN #35070) SELLING ABSOLUTE
    • 4 Waterfront, Building Lots on Weiss Lake offered in tracts, combinations or as a whole
    • County Water
    • Paved Road Frontage on Co Rd #549
    • Reasonable Restrictions
    • Large Lots in an Established and Stately Neighborhood
    • Excellent waterfront lots affording incredible views, gentle terrain, world class fishing, boating and all water activities in one of Weiss Lake’s most desirable area.
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  • Property #104: 82 +/- Ac on Hog Island (PIN #26538,26536)
    • Property selling in 2 tracts or as a whole with Tracts being 71ac and 11ac
    • Rustic Cabin and Good Timber
    • Long Frontage on Weiss Lake
    • Abundant Game and Incredible Fishing
    • This is a golden opportunity to be 1 of 3 owners of Historic Hog Island!!
    • N 34o 13’ 02” W 85o 39’ 23”

 

  • Property #105: 25 +/- Ac Goat Island (PIN #26531, #26537) SELLING ABSOLUTE
    • 25+/- ac Selling as a Whole
    • Incredible Weiss Lake Frontage
    • N 34o 13’ 18” W 85o 39’ 23”

 

  • Property #106: ‘Lil Buck Island (PIN #26528) SELLING ABSOLUTE
    • **1+/- ac Island just off Goat Island
    • N 34o 13’ 22” W 85o 38’ 48”

 

  • Property #107: 20 +/- Ac in the Centre City Limits on Old #411 (PIN 46266, 46267, 46268(Shad), 46269, 6270, 46281, 46292, 502029, 502030, 502020)   SELLING ABSOLUTE
    • 20 +/- Ac Selling in Tracts, Combination of Tracts or as a Whole with Tracts ranging from 3 ac-5 ac
    • Water, Sewer and Natural Gas are Available
    • Property Zoned HC (Highway Commercial)

 

  • Property #108: The Historic Bishop House CIRCA 1860 & 6+/-Ac (PIN #596845,506847,53052,46334,506844):
    • This Historic property offers on the main level is a grand entrance foyer with chandelier, (3) large offices with ceiling fans, kitchen and ½ bath.  The upper Lever boasts (2) large offices and attic storage.
    • Other amenities include (2) Central Heat and Air units, hardwood flooring throughout, metal roof, 2 car carport, paved parking and storage barn.
    • All Utilities are Available—Sewer, Water & Natural Gas.  The property is zoned HC (Highway Commercial)
    • Corner Lot with long frontage on The Chestnut Bypass & Bay Springs Rd.
    • The property will be offered in tracts, combinations of tracts or as a whole.                                                      

 

  • Property #109: 3.83 ac in the City Limits on Hwy #9 & Hwy #411 (PIN #9137, 38191, 38242,9116) SELLING ABSOLUTE
    • 3.83 ac Selling in 1 Tract
    • Water, Sewer and Gas Available.  The Property is zoned HC (Highway Commercial) & GB (General Business)   
    • Several Buildings Improve the Property
    • Good Visibility on Hwy 411 & Hwy #9
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  • Property #110:(3) Rental Units located at 1310/1312 East Main and 720 Industrial Dr(PIN #25877) SELLING ABSOLUTE
    • 1 +/- Ac Corner Lot with Frontage on Hwy #411 and Industrial Blvd
    • Duplex at 1310/1312 East Main.  Each side was previously rented for $400/Month.
    • Single family Home located at 720 Industrial Drive, previously rented for $400/Month,
    • Water, Sewer and Natural Gas Available.  Property Zoned R-3

 

  • Property #111: 5 Lots in Heritage Hills (PIN #3210,47297,47428, 47429,47430,47431) SELLING ABSOLUTE
    • Property Selling in Tracts or as a Whole
    • County Water, Sewer and Natural Gas are available
    • Wooded Tracts Ideal for Development, Speculation or Investment
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  • Property #112: 8ac @ Pump Log Hollow Estates (PIN #46984) SELLING ABSOLUTE
    • 8 ac Corner Lot Selling in 1 Tract
    • County Water and Natural Gas are Available
    • Ideal Building Site with Pond and Timber
    • Reasonable Restrictions

 

  • Property #113: 11 Acres in Sand Rock/Blue Pond Community (PIN #503367,503366,8383) SELLING ABSOLUTE
    • 6.09 Ac selling in 2 tracts or as a whole on Sand Rock Rd (Co Rd #48)
    • 3+/- Ac Tract selling in 1 tract on Co Rd #50
    • 2+/- Ac Tract selling in 1 tract on the Corner of Co Rd #48 & Co Rd #50

 

  • Property #114: Large Lot in Country Club Estates (PIN #24109) SELLING ABSOLUTE
    • Large Lot (190’x200”) in Exclusive Country Club Estates
    • County Water and Natural Gas Available
    • Reasonable Restrictions

 

  • Property #115: 1+/- Ac Lot in Hidden Point Subdivision (PIN #14536) SELLING ABSOLUTE
    • 1+/- ac lot in an Established Subdivision just outside of Cedar Bluff—County Water

 

  • Property #116: 1 +/- Ac Waterfront Lot on 3 Mile Creek @ Weiss Lake (PIN #45880) SELLING ABSOLUTE
    • Large Point Lot fronting 3 Mile Creek on Weiss Lake
    • NOTE: This tract has limited access

 

  • Property #117: 1+/- Ac Creek Lot in Terrapin Creek Landing (Pin#507713)
    • 1 +/- Ac Lot on World Famous Terrapin Creek offering fishing, camping, canoeing, and kayaking.  There is a Common Lot complete with pavilion and boat ramp!!


AUCTIONEER'S NOTES

MANY OF THESE PROPERTIES TO BE SOLD ABSOLUTE, REGARDLESS OF PRICE TO THE HIGHEST BIDDER  

This auction offers the opportunity to own some of Cherokee County’s finest Real Estate, some never before offered for public sale.  Shad Ellis spent a lifetime amassing a diverse and incredible portfolio of property that will be sold at Public Auction. Inspect early, do your homework and plan to attend one of Northeast Alabama’s largest auction events!!

Representatives will be on site at the Office Property #108 (located at 1140 Chestnut Bypass in Centre) Thursday & Friday, June 21 & 22 to provide sales information and meet with any perspective buyers.  We are always available for private showings, please contact our office.

Properties #102-117 will be sold from Gadsden State Community College, Centre Campus located at 810 Cedar Bluff Rd

 

TERMS AND CONDITIONS:

10% Buyers Premium.  10% down on sale day, balance due at closing on or before 30 days from sale date-NO EXCEPTIONS.

 

For plats, brochures, maps, aerials or additional sales information on this auction, call us by name @ 1.800.DEMPSEY (800.336.7739)

AAL#1103, ALB#065553

 

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