Absolute Above $199,000 - "Jarrettsville" Farmette

5.64 Acres, Two Story Farmhouse, 10 Stall Barn, Riding Ring, Fenced Pastures
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Listing Details

Sold Price
$205,000
Auction Date
Auction Time
2:00 PM
Address
4162 Madonna Road, Jarrettsville, MD, 21084
County
Harford County
Neighborhood
Jarrettsville
Inspection
The property will be open for inspection one hour prior to sale on day of auction.
Additional Documents
Subdivision Plat
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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★ ABSOLUTE ★
REAL ESTATE AUCTION
To the Highest Bidder Above $199,000

JARRETTSVILLE

5.64± ACRE FARMETTE
Two Story Farmhouse (Renovation Needed)
10 Stall Barn, Riding Ring, Fenced Pastures

Sale On Premises
4162 MADONNA ROAD
Corner Lemon Road
Harford County, MD 21084

TUESDAY, OCTOBER 7, 2014
AT 2:00 P.M.

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.

LOCATION:
4162 Madonna Road is located in the Jarrettsville area of northwestern Harford County.  Madonna Road is an extension of Jarrettsville Pike (MD-146) and is a Maryland Scenic Byway.  The surrounding area is a mixture of rural and residential land uses, including farms, various types of single family homes and newer luxury homes.  The property is situated at the northwest corner of Madonna Road and Lemon Road.

SITE:
5.6476 acres, flag shaped parcel, fronting approximately 315' along the west side of Madonna Road and 291' along the north side of Lemon Road.  See above for a link to the subdivision plat.

The parcel is rolling.  The improvements are located along the east side of the site adequately setback from both roadways.  The western 2.0250 acres are in a nature conservation area.  The home site is shaded by mature trees.

Zoning AG, agricultural

Private well and septic

Circular driveway with parking for 20 or more vehicles

Board fenced pastures, corrals and pens

Board fenced gravel riding ring

IMPROVEMENTS:

  • Two Story Vinyl Sided Covered Porchfront Farmhouse - according to public tax records, the home was built in 1920, contains 2,752 square feet of living area and 1,216 square feet of basement space.  The house has vinyl-clad double hung windows, composition shingle roof and an unfinished basement with outside entrance.  Interior floors are vinyl over wood on the first floor and wood on the second floor.  First floor contains an enclosed porch, living room, dining room, country kitchen with oak cabinets, laminate counters, laundry room, den, master bedroom with ceiling fan and en-suite shower stall bath.  The kitchen and bedroom have sliding doors to a large rear sun deck.  The second floor comprises 3 bedrooms, den and full bath.  The home has oil forced air heat and central air conditioning.  The interior of the home has been poorly maintained and needs substantial remodeling.
  • Concrete Block Barn with Attached Silo - 10 stalls, tack room, electricity, hay loft
  • 2 Storage Sheds

TITLE:
The property is in fee simple and is sold free and clear of liens.  The property is known as Lot No. 1, Revised Final, Lot 1 and Lot 5, The Land of Shawkey, which Plat is recorded among the Plat Records of Harford County in Plat Book JJR No. 115, folio 32 (see link above on this web page).  The parcel is also known as Lot 1, Parcel 239, Grid 1E, Harford County Tax Map 23.

TAXES:
Annual real estate taxes for 2014 are $3,179.60.

TERMS OF SALE:
A $20,000 deposit, payable by certified check or 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.  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 sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale 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 sale 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.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.  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.  Time is of the essence.

No buyer's premium.