"Mercersburg - Findlay Park"

80 Lot Approved Subdivision
29.65 Acres
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Listing Details

Sold Price
$40,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sale to Be Held: SHERATON COLUMBIA TOWN CENTER HOTEL, 10207 Wincopin Circle, Columbia, MD 21044
Address
Findlay Park Phase II, Mercersburg, PA, 17236
County
Franklin County
Neighborhood
Mercersburg, Findlay Park Phase II
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

James A. Vidmar & Lisa Y. Stevens, Attorneys
YUMKAS, VIDMAR, SWEENEY AND MULRENIN, LLC
10211 Wincopin Circle, Suite 500
Columbia, MD 21044

BANKRUPTCY AUCTION

RESIDENTIAL LOTS & LAND
Located In
Howard County & Carroll County, MD
And
Mercersburg, Franklin County, PA

Sale to Be Held
SHERATON COLUMBIA
TOWN CENTER HOTEL
10207 Wincopin Circle, Columbia, MD 21044
Get directions from Google Maps

THURSDAY, DECEMBER 10, 2015

AT 11:00 A.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.

    Pursuant to an agreement in the Chapter 11 Bankruptcy Cases of Dorsey Builders, Inc., Case No. 12-25952 and Phillip Hamilton Dorsey and Claudia Annette Dorsey 12-25952, the debtors-in-possession will sell at public auction, as noted above, the following:

HAY MEADOW OVERLOOK
MT. AIRY, HOWARD COUNTY, MD 21771
4 - Recorded Lots ◆ 2 Parcels of Land

 

 

    Hay Meadow Overlook is situated on a beautiful knoll in northwestern Howard County, just east of the Frederick County line and historic Mt. Airy.  The neighborhood is convenient to I-70/US-40 and Frederick Road (MD-144).  According to the Howard County Public Schools web site, nearby schools are Lisbon Elementary, Glenwood Middle and Glenelg High.  The lots and parcels are located in an RCDEO zoning district.

Subdivision Plat - 3 Pages

Subdivision Plat - Page 2 Highlighted

Get directions from Google Maps

Property Acreage Description
Lot 1 - 540 Watersville Road 1.071 Residential building lot with well, approved septic, road frontage, access is from a use-in-common driveway which needs completion
Lot 2 - 530 Watersville Road 2.32 Residential building lot with well, approved septic, road frontage and access
Lot 3 - 548 Watersville Road 1.262 Residential building lot with well, approved septic, access is from a platted use-in-common driveway which needs completion
Lot 4 - 572 Watersville Road 1.23 Residential building lot with well, approved septic, access is from a platted use-in-common driveway which needs completion
Parcel B 18.5652 Non-buildable preservation parcel - public forest conservation easement
Parcel C 5.8921 Non-buildable preservation parcel - open space

 

MD ROUTE 144 S.W.
WOODBINE, HOWARD COUNTY, MD 21797
1.5 Acre Lot

 

 

    The property is located along a paved use-in-common driveway extending south from Frederick Road (MD-144), adjoining 16483 Frederick Road.  The site is just east of Bahner Court.  The lot has approved septic and no well.  According to the Howard County Public Schools web site, nearby schools are Lisbon Elementary, Glenwood Middle and Glenelg High.  Zoning is RCDEO.

     Plat

     Get directions from Google Maps

N.E. SIDE- MINERAL HILL ROAD
SYKESVILLE, CARROLL COUNTY, MD 21784
8.3328 Acre Lot

 

 

    Rolling, wooded panhandle site situated on a platted driveway adjacent to 5877 Mineral Hill Road.  The property has approved septic and no well.  According to the Carroll County Public Schools web site, nearby schools are Freedom District Elementary, Oklahoma Road Middle and Liberty High.  Zoning is R-20,000, conservation. This property will be sold absolute to the highest bidder without reserve.

    Deed and Plat

    Highlighted Plat

    Get directions from Google Maps

FINDLAY PARK
MERCERSBURG, FRANKLIN COUNTY, PA 17236
5 Residential Lots ◆ 80 Lot Approved Subdivision

 

 

    The Borough of Mercersburg is located in south central Pennsylvania, just north of Hagerstown, MD.  White Tail Ski Resort is nearby.  The town is about 70 miles southwest of Harrisburg and about 10 miles east of I-81.  For town information, please visit www.mercersburg.org.  The auction properties consist of five building lots on a paved street in Phase 1 of the Findlay Park subdivision and an unimproved parcel of land slated to be Phase 2.  The properties are zoned GR, general residential and SFR, single family residential.

    Plat of Phase I

    Plat of Phase II

    Get directions from Google Maps

Property Acreage Description
Lot 15, Phase 1, Buchanan Drive 0.31 Rectangular building lot with public water and sewer
Lot 16, Phase 1, Buchanan Drive 0.31 Rectangular building lot with public water and sewer
Lot 17, Phase 1, Buchanan Drive 0.31 Rectangular building lot with public water and sewer
Lot 19, Phase 1, Buchanan Drive 0.32 Rectangular building lot with public water and sewer
Lot 20, Phase 1, Buchanan Drive 0.31 Rectangular building lot with public water and sewer
Findlay Park, Phase 2 29.65 Parcel of land with platted lots, town and county approval for 80 single family home sites ranging from approximately 10,000 to 15,600 square feet. This property will be sold absolute to the highest bidder without reserve.

 

Manner and Terms of Sale

MANNER OF SALE:
The properties will be offered individually and the bids reserved.  Properties in the same subdivision may also be offered as an entirety.  The sale will be made in the manner producing the greater amount.

TERMS OF SALE:
A $5,000 deposit on each lot and a $10,000 deposit on Findlay Park, Phase 2, 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.  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 a monthly or 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. 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