"Taneytown"

ABSOLUTE REAL ESTATE AUCTIONS
To the Highest Bidder Regardless of Price!
Featuring Live & Simulcast Online Bidding

TWO ADJOINING PARCELS
4± Acres & 2.18± Acres
– Zoned Agricultural –

Known As
FRANCIS SCOTT KEY HIGHWAY (MD-194)
Carroll County Tax IDs: 0701430666 & 0701430667
Near 3850 Francis Scott Key Highway
Taneytown, Carroll County, MD 21787

Online Bidding Opens
FRIDAY, MAY 21, 2021

Live Onsite Auction Begins
WEDNESDAY, MAY 26, 2021 AT 11:00 A.M.

Tax ID 0701430666
Sold: $76,320

Tax ID 0701430667
Sold: $31,800

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. Online bidding is available from Friday, May 21 and will continue through the live auction. You can choose to bid online and/or attend the live auction.

LOCATION:
The subject properties are located on Francis Scott Key Highway (MD-194) near Heyser Road in the Taneytown area of northern Carroll County. The properties, as designated by the tax ID’s above, are bound by 3850 Francis Scott Key Highway to the west and south, 4030 Francis Scott Key Highway to the north and the Highway itself to the east. The immediately surrounding area is predominantly agricultural, with farms of varying sizes comprising the majority of nearby properties. Some smaller home sites are located further north along Francis Scott Key Highway.

The City of Taneytown center is located approximately 2 miles to the south. Taneytown is an historic community, listed on the National Register of Historic Places and the Maryland Historical Trust, with more than 250 years of history. The City features a number of retail and dining options, as well as an overall quaint, small-town feel. Major employers nearby include Evapco, Flowserve and Taney Corporation.

For more information about the area, please visit:
Carroll County Government – www.carrollcountymd.gov
Zoning Administration – www.carrollcountymd.gov

SITE:
Two adjoining lots totaling 6.18 acres, more or less, as further described below. The lots are lightly sloping, mostly clear, and have been used most recently for farming.

Tax ID 0701430666 – Comprising 4.003 acres according to the tax record and survey below. Approximately 511′ frontage along Francis Scott Key Highway.

Tax ID 0701430667 – Comprising 2.18 acres according to tax records, and 2.151 acres according to the survey. Approximately 320′ frontage along Francis Scott Key Highway.

Survey

Preliminary Concept Plan

Perc Test Results (Excerpt from the Preliminary Concept Plan)

ZONING:
A – Agricultural – According to the Carroll County Zoning Code “The purpose of the A District is to provide for continued farming activities, conserve agricultural land, and reaffirm agricultural use, activities, and operations as the preferred dominant use of the land within the district, except in an area designated MR within the MRO where mineral resource recovery is also a preferred use. While relatively small existing hamlets, villages, and residential communities appear within, as do occasional dwellings, and other uses, the district is primarily composed of lands which, by virtue of their highly productive soils, rolling topography, and natural beauty, are the very essence of the county’s farming heritage and character. A substantial portion of the residential development in the county has previously taken place in the A District. This has the effect of taking agricultural land out of production and creating a demand for public facilities and services (roads, water and sewerage, schools, and police and fire protection) in areas where provision for such additional services and facilities is not consistent with the purpose of the A District. The intent of this section is to recognize the need for and appropriateness of very limited residential development in the A District, but to prohibit residential development of a more extensive nature. It is the further purpose of this district to maintain and promote the open character of this land as well as to promote the continuance and viability of the farming and agribusiness uses.”

For more information about Carroll County Zoning, please visit: Carroll County Zoning Administration – www.carrollcountymd.gov

Zoning Map

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Published annual real estate taxes are:
Tax ID 0701430666 – $13.56 based on a full value assessment of $1,200
Tax ID 0701430667 – $6.78 based on a full value assessment of $600

MANNER OF SALE:
The properties will be sold individually only.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $3,000 deposit for each property, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. If the high bidder is an online purchaser, 10% of purchase price is due by wire transfer or cashier’s check at the Auctioneer’s office, by 4:30 p.m. on the day of the auction. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, ground rent and all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyer’s premium, subject to a minimum fee of $1,500 per property, will be added to the final bid price.