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Real Property in Mississippi

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Real Property in Mississippi



Price: $2,200,000.00


Other Item Info
Item #: alnbke_647644
Created: 11/16/2017
Category: Real Property > Residential > Other
Sale Location: Jackson, Mississippi
Sale Date: Tue. Jan 30, 2018
Seller Info
William Dennis Schilling
Trustee's Attorney
PO Box 55147
Birmingham, AL 35255
205 328-0464
Bankruptcy Info
Case #: 2:17-bk-02783
Case Title: M&R Acquisitions, LLC
Court: Alabama Northern Bankruptcy Court
Chapter: 7
View Case Docket

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Real Estate Location

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Jackson, MS,

Description

Auction Sale of Real Property located in Hinds County, Mississippi, are more described as below:

A certain tract of land lying in and being situated in the E 1/2 of the NW 1/4 and the W 1/2 of the NE 1/4 of Section 28, Township 6 North, Range 1 East, First Judicial District of Hinds County, City of Jackson, Mississippi, and more particularly described as being part of that tract of land heretofore conveyed by Gammill Investment Company to Mississippi Products, Inc. on the 8th day of June 1945 by deed recorded in Deed Book 399 at Page 286 in the office of the Hinds County Chancery Clerk at Jackson, Mississippi, and said tract of land herein conveyed being more particularly described by metes and bounds as follows, to-wit: For a place of beginning, start at a point on the West line of the E 1/2 of the NW 1/4 of said Section 28, at the North line of Shady Oaks Subdivision, run thence North 1,660.0 feet to a concrete monument which marks the NE corner of Lot 2 of Block G of Shady Oaks Subdivision, Part 2, according to the record map or plat thereof on file in Plat Book 5 at Page 47 in the office of the Hinds County Chancery Clerk at Jackson, Mississippi, reference to which is made in aid hereto, which concrete monument is also the South line of Ridgeway Street, which South line is parallel with and a distance of 25 feet measured Southerly from and at right angles to the centerline thereof as established by the office of the Jackson, Mississippi City Engineer, City Plat#F-163(M) dated September 21, 1960; run thence North 89 degrees 45 minutes East parallel with and 25 feet Southerly from the aforesaid centerline of Ridgeway Street for a distance of 1,129.50 feet to a point, run thence Easterly and Southerly along the Southern line of Ridgeway Street and the Western line of Livingston Road as follows: North 89 degrees 45 minutes East 159.74 feet to the point of a curve to the right, having a radius of 280.91 feet; thence to the right and along the arc of curve for a distance of 188.10 feet; thence South 51 degrees 53 minutes East 2.64 feet to the point of a curve to the left, having a radius of 661.62 feet; thence to the left and along the arc of the curve for a distance of 427.64 feet; thence South 88 degrees 55 minutes East 246.54 feet to a point which is 25 feet Southerly from as measured at right angles to the centerline of Ridgeway Street as established by the City aforesaid, which point is the point of a curve for distance of 427.64 feet; thence South 88 degrees 55 minutes East 246.54 feet to a point which is 25 feet Southerly from as measured at right angles to the centerline of Ridgeway Street as established by the City aforesaid, which point is the point of a curve to the right, having a radius of 212.32 feet; run thence to the right and along the arc of the curve for a distance of 179.97 feet to a point, which point is a distance of 35 feet measured Southwesterly from and at right angles to the centerline of Ridgeway Street as established by the City aforesaid; run thence South 40 degrees 21 minutes East for a distance of 343.62 feet to the point of a curve to the right and having a radius of 452.65 feet; thence along the arc of the curve to the right for a chord distance and bearing of South 26 degrees 53 minutes East 210.92 feet to the point of beginning; thence continue along last mentioned curve a chord distance and bearing of South 07 degrees 30 minutes East 93.24 feet; run thence South 1 degree 35 minutes East for a distance of 1,301.70 feet to a point, which point is a distance of 35 feet measured Westerly from and at right angles to the centerline of Livingston Road, as established by the City aforesaid, which point is also the point of a curve to the right having a radius of 11,432 feet; run thence to the right along the arc of the curve for a distance of 94.25 feet to a point on the West line of Livingston Road, which point is a distance of 397.23 feet North of the South line of the herein aforesaid tract conveyed by Gammill Investments Company to Mississippi Products, Inc.; run thence South 89 degrees 34 minutes West for a distance of 855.52 feet along the North line of THE JACKSON HOUSINGAUTHORITY property as described in Deed Book 4050/455; run thence South 00 degrees 45 minutes 02 seconds West along the West line of said HOUSINGAUTHORITY a distance of 388.91 feet; thence South 89 degrees 04 minutes West along the South line of the herein aforesaid tract conveyed by Gammill Investments Company to Mississippi Products, Inc. a distance of 342.07 feet; thence North 27 degrees 06 minutes West 547.30 feet; run thence North 13 degrees 06 minutes West 110.00 feet; run thence North 4 degrees 54 minutes East 390.00 feet; run thence North 4 degrees 09 minutes East for 540.00 feet; run thence North 10 degrees 06 minutes West 269.7 feet; run thence North 85 degrees 47 minutes East 1,404.88 feet to the place of beginning.


Sale Location

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2605 Livingston Road
Jackson, MS, 39213

Additional Details

Auction Time: 11:00 a.m

The high bidder will be required to deposit 10% of the high bid as earnest money with Heritage Realty & Auction Co., Inc. Absolute except that the minimum acceptable bid will be $2,200,000.00.



Other Information

Terms and Conditions:

See Attached.


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