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Cherokee Village Lot
For Sale
BID & ASSUME - Includes
Title Insurance


 

The Property

The Area

Our Other Properties

 


 

American Land Company is pleased to be offering at auction on a  Cherokee Village Lot in Sharp County, Arkansas.  Located in the foothills of the Ozark Mountains, this part of Northern Arkansas is an outdoor recreation paradise.  Rivers, lakes, and wildlife abound in the area.  A vacation destination for the whole family not to mention a great place to call "HOME".  We are offering these wonderful building sites in a format so everyone can have a chance at owning one of these beautiful properties.

The winning bidder will receive a Warranty Deed and a Title Insurance Policy, that guarantees you will own this property Free and Clear subject only to the Mortgage, if you choose to finance the property through us.

We include Title Insurance so that you will know you are getting clear title!  This is the only way you can be absolutely protected with your investment. 

Please do your DUE DILIGENCE and ask any questions prior to bidding--we will be happy to answer them.  The winning bidder will receive an information packet and the RECORDED Warranty Deed within 14 days after the payment and documentation has been received.  Your Title Insurance Policy will arrive a few weeks later.  Good Luck!
You can reach us at the following:
              toll free    =     866.519.5263
                 email    =     nlc001@centurytel.net

  • This is a "Bid and Assume" auction.  You are bidding on the right to assume the note for the amount listed below.

  • You are Bidding on the right to assume the following:  The winning Bidder will assume a balance of $ 3,500.00 , payable in 60 monthly installments of $ 72.66, at an annual interest rate of 9.00%.  The winning bid amount goes towards document preparation, recording fees and securing your piece of the Ozarks.

  • There is no pre-payment penalty.

  • After we receive your winning bid amount, we will prepare your Contract, Note, and Mortgage then send them to you.  Please sign them and return them to us promptly.  After we receive those documents, we will then record your Deed and Mortgage and send the recorded Deed to you along with copies of your Contract, Note, and Mortgage.  This whole process should take approximately 14 days.  Your Title Insurance Policy will arrive a few weeks later.  However, if you choose to pay in full, we will send you the recorded Deed after we receive payment in full.  Thanks!

CLICK ON LINK BELOW FOR EXAMPLES OF EACH:

CONTRACT FOR SALE EXAMPLE

PROMISSORY NOTE EXAMPLE

MORTGAGE EXAMPLE

WARRANTY DEED

Property Fact Sheet:

  • Legal Description:  Lot 29 Block 11 of the Seminole 2nd Addition,
    Cherokee Village, Sharp County, Arkansas  72529 
     

  • Lot Dimensions:   80 x 178 x 80 x 178 feet

  • Location:   Lot Fronts on Oklahoma Circle.

  • Road Frontage:      80 feet of road frontage

  • Features include:   Measuring straight line distance less than 1/2 Mile to Lake Thunderbird (The largest of the 7 Cherokee Village Lakes), It is covered with large Oak trees and other natural vegetation.  

  • Utilities:  Water and Phone are in at the Lot, Electric is either in or very near the Lot; Sewer is by approved Septic Systems

  • Fees:    Annual Taxes & SID Assessment fees are approx $150 per year

  • The Auction   This is a Bid and Assume auction for Lot 29 Block 11 Seminole 2nd Addition.  The winning bid allows you the opportunity to own this lot (it is not the lot's purchase price), however, you can pay in full and save on the interest.  No hidden charges or BACK TAXES OR ASSESSMENTS! 

  • We have chosen to make this a private auction due to the fact that some of our recent bidders have been contacted & targeted by scam artists.  We feel that by keeping the identities of our bidders private, this will help protect our valued customers from these scams.  Thank you for your understanding!

  • Restrictions:   The International Building Code 2000 are the building guidelines used.  There are NO trailers or temporary dwellings allowed in the majority of Cherokee Village including this subdivision.

 

 

  

 

 


The Area


The Hwy 62/412 Corridor that connects Hardy to Ash Flat and parallels the beautiful planned community of Cherokee Village.  Most of the commercial and retail outlets in this area are located along Hwy 62/412 making this road the focal point of the entire area.  Other communities that feed into this commercial zone include Mammoth Spring, Horseshoe Bend, Salem, Ozark Acres and Evening Shade.  On one end of this 4 lane corridor is Ash Flat with the Wal-Mart Supercenter spurring on growth and on the other end are the antique shops and gorgeous Spring River at Hardy.  In between is a mix of business and residential development and thousands of wonderful people.  Below, we will give you a brief description of each community and what they have to offer.


   CHEROKEE VILLAGE

 

CHEROKEE VILLAGE is a wonderful 13,000+ acre golf, lake resort / residential community located in the foothills of the Ozarks of Northeast Arkansas.  It is located approx. 2 1/2 hours Northwest of Memphis, Tennessee and 2 1/2 hours Northeast of Little Rock, Arkansas.  This city of 4600+ full-time residents features many amenities.  Property owners have access to 2 championship 18-hole golf courses, 7 gorgeous lakes for boating and fishing, 2 large community centers with multiple pools, over 30 parks, 2 miniature golf courses, tennis courts, a crystal clear river running through the city, and much, much more.  Since this is a municipality, there are 4 fire stations, schools, full-time police force, emergency medical service, airport, post office, shopping, restaurants, civic organizations, several churches (many denominations) and all the normal things you find in any city.  This area has a low crime rate and is certainly one of, if not the most affordable areas of the country to live or retire.  This city has an excellent future with everything in place to become the next "In Place" to live, recreate, or retire.  Cherokee Village has a great website you MUST visit: OFFICIAL CHEROKEE VILLAGE WEB SITE   It contains information on the Village including the 2 golf courses and the lakes.


HARDY

Hardy bills itself as the "Antique Capital of Northeast Arkansas" with over 75 specialty shops.  In addition to its shopping, Hardy sits on the banks of the beautiful Spring River.  This is a "mountain style" clear water river with its origins about 20 miles upstream near Mammoth Springs, Arkansas.  It starts almost entirely from a huge spring (the 10th largest spring in the world!) and features great fishing.  There are numerous outfitters in the Hardy area to get you set up with rafting or kayaking.  "Old Downtown" Hardy still looks much like it did 100 years ago and is truly a lovely place to visit or live.  With it's numerous shops, restaurants, and the Spring River, it is a destination of travelers from all over the region.

  THE SPRING RIVER

 

 


HORSESHOE BEND is a wonderful 9,000+/- acre golf, lake resort / residential community nestled in the Ozark Mountains of North Central Arkansas.  It is located approx. 3 hours Northwest of Memphis, Tennessee and 2 1/2 hours Northeast of Little Rock, Arkansas.  It is approx. 185 miles to Bella Vista, approx. 198 miles to Hot Springs Village, approx. 79 miles to Fairfield Bay, all located in Arkansas.  Horseshoe Bend is also located approx. 134 miles to Branson, Missouri.  This city of 2400+ full-time residents features many amenities.  Property owners have access to two golf courses, 3 gorgeous lakes for boating and fishing, numerous parks, a SUPER miniature golf course, tennis courts, a crystal clear river running through the south end of the city, and much, much more.  Since Horseshoe Bend is a municipality, it has its own full-time police force, fire department, library, airstrip, post office, shopping, restaurants, civic organizations, several churches (many denominations) and all the normal things you find in any town.  Add to this an RV Park and campground, and a section called "Pioneer Village Manor" which includes 64 INDIVIDUAL RETIREMENT RESIDENCES, and you'll begin to see why Horseshoe Bend is so special!  Not far from Ash Flat, this quiet rural area has a low crime rate and is certainly one of, if not the most affordable areas of the country to live or retire.  In past years, Horseshoe Bend has been honored with the "Arkansas Safest City Award".   This city has an excellent future with everything in place to become the next "In Place" to live, recreate, or retire.  And, of course, Horseshoe Bend has a great website you MUST visit: OFFICIAL HORSESHOE BEND WEB SITE It contains information on Horseshoe Bend including the golf courses and the lakes.


HIGHLAND

Highland is located in the middle of the 4-lane business corridor between Hardy and Ash Flat that touches the edge of Cherokee Village.  This community is growing at a fast pace in its own right.  Highland probably features the majority of business' in the entire Quad-City Region and has just completed a central water system and are in the process of installing a city waste water management system which could probably benefit surrounding communities.  The local schools are located in Highland, which helps boost local pride.  Really, it's hard to find an area with so many quality places to live as what you find in and around the Sharp, Fulton and Izard County area of Northeast Arkansas.
 


ASH FLAT

Ash Flat is located at the other end of the corridor from Hardy.  It is quickly becoming a hub for development due to the recent construction of a huge Wal-Mart Supercenter.  We all know that other businesses naturally gravitate to the new Supercenter complex and this area is no exception.  It is truly a small town that is beginning to get the conveniences of a larger city.  Founded almost 150 years ago, Ash Flat still has the old time cattle auctions and rodeos while adding the modern services needed and demanded by today's society.  The growth potential of this entire area is excellent with Wal-Mart leading the way as the magnet for other businesses.  

 

We are very proud of all the communities in the area and equally proud to be able to show you this wonderful property.  We will be happy to provide you with any additional information you may need, simply email or call us. 
( You may call toll-free at 1-866-519-5263)
nlc001@centurytel.net


American Land Company invites you to take a look at our other properties HERE.

 

 
 
 

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Specifics:
Price ONLY $102.50
Location: Arkansas United States
Started At: September 19, 2005 02:00 am
Ending At: September 29, 2005 02:00 am
Quantity: 1















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