TERMS AND SALE ANNOUNCEMENTS
1617 Old Hillsboro Road, Franklin, TN 37067

All the information provided is based upon the available tax records or unverified third-party information. There are no guarantees or warranties expressed or implied.

Reserve: $1,500,000.00, cash, "as is," no contingencies.

Terms: NO BUYER'S PREMIUM! CASH, 10% of the final contract is required as an earnest money deposit, and partial payment in cash, or check (BRING YOUR CHECKBOOK!) is required to be provided to be placed escrow in three business days, together with a verifiable financial letter of credit covering the full contract price without contingencies, again, all within three business days of the contract. The balance will be paid at the closing at the soonest date as determined by the Closing Agent. The seller will provide a good deed and an insured title! The deposit is refundable only if the seller cannot provide good deed and title. This property is selling like all auctions "as-is, where-is" without guarantees or warranties expressed or implied.

The Seller reserves the sole right to accept or reject any bid above or below any stated or implied reserve or minimum. The seller reserves up to ninety-days (90) to relocate.

It is the bidder's responsibility to fully research all characteristics of the property being sold at their expense to their entire satisfaction and use, PRIOR to bidding, OR bid waiving inspection. This property is selling "as is" with no guarantees, or warranties expressed, implied, or subject to financing.

THE SELLER WILL PAY FOR: the warranty deed, insured title, closing statement and their pro-rata part of the 2022 taxes.

THE BUYER WILL PAY FOR: recording the warranty deed, any costs the Buyer incurs in their own financing and their pro-rata part of the current year's taxes.

TOTAL TAXES FOR 2021: $2,956.77

ZONING: RP-1 Williamson County. Posted at ffbaugh.com under "download information" page.

SEPTIC: a recent septic letter is available allowing up to five bedrooms. Posted at ffbaugh.com under "download information" page.

SPECIAL: The Land Trust for Tennessee - the property has been placed under a conservation easement to conserve the historic character of this one-of-a-kind find for future generations. This conservation easement covers primarily exterior changes to the property improvements to preserve the historic character of the original improvements.

SCHOOLS: Grassland Elementary School, Grassland Middle School, and Franklin High School

POSSESSION: The seller reserves up to or before ninety days to find a new home and move.

SUBJECT TO restrictions, easements, and/or any other limitations of record.

THE BUYER is responsible for obtaining their own permits for improvements whatsoever.

The Seller, or the Seller through our Brokerage Company may require any bidder or prospective bidder to provide proof of financial responsibility or legal capacity to contract and close this sale within the time and terms announced.

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BIDDING NOTICE
NO BUYER'S PREMIUM! It is the bidder's responsibility to fully inspect all facts and characteristics of the property to their full satisfaction and use BEFORE bidding OR bid waiving the right of inspection.

AUCTION NOTICE
The Online Auctioneer reserves the right to control the size of the bids to open and conduct the Online Live and Simulcast Sale for the sake of overall speed of sale and clarity. Announcements at the time of the Online Live and Simulcast Sale take precedence over all prior advertising. The Online Live and Simulcast Sale may be changed, canceled, postponed, or rescheduled at any time without notification. Be sure to check back for any possible changes. The Auctioneer is not responsible for any bids that are missed lost due to technological failures.

OPEN HOUSE: SUNDAY, April 3rd, from 2 until 4 PM Currently available for home inspections ONLY Public Live Simulcast Auction Open House - NO BUYER'S PREMIUM Saturday, April 9, Open 12 PM, Sale at 1 PM If you are attending live onsite BRING YOUR CHECKBOOK! Available now for offers and may be presold canceling the sale Historic Forest Home 1617 Old Hillsboro Rd. Franklin, TN 37067 Historic Home and location - Three bedroom, Three Bath home on 3.41 acres in Williamson County, TN. Available for offers at any time, but if not pre-sold by 12 PM, Friday, April 8th, the property will be offered Live, onsite at a Public Open House, and an Internet Online Webcast Auction Saturday, April 9th, Open House at 12 PM, CT, Sale at 1 PM, CT. You may REGISTER TO BID and participate Online on a device as simple as a smartphone at www.ffbaugh.com under the terms found below. MLS Listing (2362207). REGISTER AT www.ffbaugh.com TO STAY INFORMED! PROPERTY DIRECTIONS: from Nashville take Hwy 431 - Hillsboro Road south to Old Hillsboro Road, turn right to the sale on the left. From Franklin take New Hwy 96 west to intersection with Old Hillsboro Road, turn right to the sale on the right. This Three Bedroom, Three Bath Historic Home with 2010± SF with, an additional 456± SF available, is situated on a 3.41± acre lot with a majestic red barn at the intersection of Old Natchez Trace. The home has public water with a fireplug in the front yard and is on a documented septic system approved for up to five bedrooms. It has advantageously been placed in The Land Trust for Tennessee. The seller will review and may accept pre-offers. This fine turn-of-the-century style home is simply dripping with history! This property has been the focal point of the Forest Home community - located amid land was the focus of many parcels of lands owned by the historic Perkins family - this area, as some have postulated, gained prominence at the turn of the twentieth century as a central location for markets, voting, and for weighing and selling farm products. It has been speculated by some that some structure has existed on this site since as early as the 1840s. It is situated diagonally across from the corner that is the turn onto Old Natchez Trace Road. There was an old Country Store located on the corner of the property that was torn down a several years ago, and the base foundation for the scales for weighing crops may still be seen. This fine property and location certainly have extremely deep roots in the history of Williamson County. This is a once in a lifetime opportunity to buy a real, known historic property and location in Franklin, Williamson County, Tennessee! The home has such a pristine, "old country" appeal and location that it has been often used to shoot Country Music and commercial videos as evidenced by the owner's extensive collection of photos taken of those events featuring several different artists and people of fame. That should inform any prospective buyer the appeal of the home by its frequent use for shooting videos. Some that can be viewed shot at the home are: Ricky Van Shelton, 'Got a couple of good years left,' https://youtu.be/vmQ6H5KSO8A James Prosser, 'Life Goes On,' https://youtu.be/xvyHfH-UYCk Tami Jones Andrews Featuring Billy Gaines, 'Mary did you know?' https://youtu.be/fysKFOhfvzw A Judd's car commercial, https://youtu.be/Du7Fj0aQWVA The house currently is in very good condition with necessary upkeep and minimalist modernization, so it remains preserved as close to its original condition and yet remains quite livable as it is. It is still owned by the family that bought it in the early 1960s. The home features two bedrooms down with two baths, and one potential bedroom and bath up, though the upstairs is primarily used for storage now, a living room, dining room, kitchen, den, with 10' ceilings in the original rooms of the home, with additional space above in the rear with dormer windows that could easily be "living space" with permanent heating and cooling installed. It has a fantastic covered front porch, plus a wonderful "L" shaped covered back porch. The owner recently put a beautiful back deck with a pergola at the rear of the home. The red barn behind stands out as a community beacon, plus there are other outbuildings, one being what the seller tells me is "an old smokehouse," and it could quite possibly be one. The entire property has been maintained preserving its original character, livable now, or ready to be improved upon. An article by Will Jordan in 2007 for 'Southern Exposure Magazine' describes it as "A County Treasure" of Williamson County, Tennessee. In the article it is noted that the owners were "more interested in preservation than restoration," and further "a lot of the features of the house and barn are exactly how we found them in 1961. There are some things you just don't disturb." These statements have been found to be true. Entering the property from the full covered front porch - complete with rocking chairs - you enter a large entry hall with ten-foot ceilings. To the right is the living room focused on the custom mantel and rebricked fireplace. Custom bookshelves and window seats really add to the room as does the large paned "wavy" old glass windows. Across the hall is a bedroom with a coal fireplace. On the other side of the wall and fireplace is another larger, wood-burning fireplace and the Dining Room that is elegant in its simplicity. There is a third bedroom on the first floor on the other side of the kitchen in a newer addition to the property, and the additional area upstairs could be a fourth bedroom with the of permanent heating and air would add an additional 456 square feet to the tax record of 2,066 ± square feet for approximately 2,500 ± square feet of living space. The Sale Agent is an accomplished metal detectorist, metal detecting since the age of twelve, and has already uncovered many relics dating the property to at least the turn of the twentieth century. The property once had an old country store The Live and Online Simulcast Sale will take place onsite at a public Open House where open offers and bids will be taken and uploaded to the internet so other Online Internet buyers may bid. The public is welcome and encouraged to attend and bid in person or on the smartphones. Conveniently bidders can watch the sale through our camera system and raise their offers or bids Online, on the Internet, on something as simple as a smartphone from wherever there is internet access. 1% commission is being offered Buyer's Agents who pre-register their bidders by 5 PM the day prior to the sale in writing (suggested TAR Form 141, or 142) be received via email: frak@ffbaugh.com For showings, inspections, assistance, bidding, and presale offers contact. Frank F. Baugh, REALTOR, Online Sale Specialist, and Auctioneer, #2435, ADARO Realty, The Hammerman Online Sales and Auction Team 1187 Old Hickory Blvd. Suite 125, Brentwood, TN 37027 Direct, (615) 347-4705, frank@ffbaugh.com, website: ffbaugh.com ALL INFORMATION IS APPROXIMATE BASED ON CURRENT TAX RECORDS, OR THIRD-PARTY INFORMATION, AND NOT GUARANTEED OR WARRANTED. It is the responsibility of Bidders and Buyers to fully inspect and research all facts and features of the property being sold at their expense to their own satisfaction and use prior to bidding or bid waiving the right of inspection. This property is selling strictly 'AS - IS' with no guarantees, or warranties expressed, or implied. The Online Auctioneer reserves the right to control the size of the bids to open and conduct the Online Live and Simulcast Sale for the sake of overall speed of sale and clarity. Announcements at the time of the Online Live and Simulcast Sale take precedence over all prior advertising. The Online Live and Simulcast Sale may be changed, canceled, postponed, or rescheduled at any time without notification. Be sure to check back for any possible changes. The Auctioneer is not responsible for any bids that are missed lost due to technological failures.