Single Family Home and 3.2 Acres Absolute Auction

Real Estate Terms: ONLINE ONLY TERMS & CONDITIONS, READ ALL MATERIALS, THIS IS A LEGAL DOCUMENT:
Two Homes and three tracts of land in Smithville and Dowelltown, Dekalb County TN
NOTICE: THE INFORMATION PROVIDED IS A CONVENIENCE TO POTENTIAL BUYERS. ALL PROSPECTS SHOULD CONDUCT THEIR OWN DUE DILIGENCE.
Seller: Peggy Elaine Hawker
Bidding Starts: March 22nd, 2026, at 10:00 a.m. CST
Bidding Ends: April 12th, 2026, begins to close at 5:00 p.m. CST
Inspection Information: Land is open daily for inspection. Look for signs on the property.
TWO Open Houses:
6923 Old Mill Road Dowelltown, TN -Sunday March 29 & Wednesday April 8, 11:00 to 1:00 pm
1625 New Home Road Smithville, TN- Sunday March 29 & Wednesday April 8, 1:30 to 2:30 pm
Buyer’s Premium: There is a 10% Buyer’s Premium in effect for this auction. Your high bid price will have 10% added to establish the contract sales price.
Example: $ 100,000 high bid plus 10% Buyer’s Premium = $110,000 Contract Price
PROPERTY DESCRIPTIONS: OLD MILL HILL ROAD.
LOT #1-6923 OLD MILL HILL ROAD DOWELLTOWN, TN 37059-AUCTION
1288 square foot all brick home built in 1987 with a full unfinished walk-out basement to include a one car garage, all situated on a private 3.24 acre partially fenced property. The home features 3 bedrooms and 2 bathrooms with a large living room, eat-in kitchen, central heating and air, circle driveway, equipment shed, city water. Home has an existing septic system. See Photos and attend the open house!
• Primary bedroom is 13 x 11 with full bath
• Bedroom 2 is 10 x 12
• Bedroom 3 is 10 x 12
• Living Room is 14 x 17
• Eat In Kitchen is 18 x 13 with laminate flooring and deck access.
• Roof is shingled
See attached documents for survey and legal description.
LOT #2- 1.45 ACRES LEVEL BUILDING LOT on OLD MILL HILL ROAD DOWELLTOWN, TN 37059
This is a nice level, mostly fenced lot with a three-bedroom soils site. The driveway that goes to 6923 Old Mill Hill Road runs along the side of this lot and we created a driveway easement in favor of this lot so the driveway can be used by the buyer and will not have to go to the expense of installing a new driveway. See Photos and go and view the lot in person!
See attached documents for survey and legal description.
Lot #3- Six +/- Acres on OLD MILL HILL ROAD DOWELLTOWN, TN 37059
This six +/- acres will be sold per the deed description. We did not have this tract re-surveyed. We have included the tax map and deed description for your review. The land is hilly. It has a nice pond for livestock and a 36 x 20 equipment shed toward the rear of the property with cattle gates at the rear of the shed. Also, a nice level flat area at the back of property for a potential building site. We did not have this property tested for soils. It will be up to the buyer to have it tested for a building site.
See photos and view the lot in person! See attached tax records and deed description attached.
PROPERTY DESCRIPTIONS: OLD MILL HILL ROAD.
LOT #4 1625 New Home Road Smithville, TN 37166
This is a 1923 built home that has updated electrical panel, vinyl siding, flooring etc. The home will need some additional updating but has recently been rented. The home has approximately 1,070 square feet, with two bedrooms, one bathroom, eat in kitchen, and a large living room. It has a back deck, front deck and long covered porch. It has been recently surveyed to consist of 4.78 acres with an identified four-bedroom soils area. This nice acreage tract also has a nice pond and two storage buildings. See attachments for survey
Lot #5 2.68 acres New Home Road Smithville, TN 37166
This tract has a new survey and an identified four bedroom soils area with a large 44 x 60 pole barn. A driveway is already in place. See attachments for survey
• Agreement of Purchase & Sale
Immediately following the close of the bidding, the high bidder will be required to enter into a Purchase and Sale Agreement via email DocuSign and wire a 10% down payment of the contract purchase price, to include the 10% buyer’s premium, as earnest money, which is a non-refundable earnest money deposit. This wire must be received by 4:00 PM April 13th by Rochelle, McCullough, and Aulds Attorneys, 109 Castle Heights Ave. Lebanon, TN 615-444-1433. Matthew Ryan is the contact person.
• Buyer’s Premium
A 10% Buyer’s Premium will be added to the high bid price to determine the total contract sales price for the Property. Example: $ 100,000 high bid plus 10% Buyer’s Premium = $110,000 Contract Price
• Bid Deposit / Authorization
All bidders must receive a bid number to bid. A valid driver’s license and credit card is required to bid. All bidders will be required to send the auctioneer a copy of your driver’s license either by email or a photo texted to the auctioneer at 615-308-9009. Your name on your driver’s license MUST match the name on your credit card. You will also be required to provide a bank letter of credit or proof of funds to the auctioneer in order to be eligible to bid. Upon request to bid and submitting your information, you will receive a call from the auctioneer to be qualified to bid. After speaking with the auctioneer, then, at the auctioneer’s discretion, you may be approved to bid. We require all Onsite auction bidders to supply a valid driver’s license as well as all Online bidders of real estate and personal property. The successful bidder will be required to sign the “Purchase and Sale Agreement” within 24 hours of auction close and deposit 10% of the total contract price into the closing attorney’s escrow account, within the same 24 hours. Failure to do so will be considered a breach of contract. Bidder agrees that a $500.00 hold can AND may be placed on their credit card for an internet service fee and that if they are the winning bidder and fail to close under the terms of this agreement, the $500 internet service fee is non-refundable and will be charged to their credit card. This authorization is not actually charged to your card. If they are not the winning bidder, the $500 internet service fee will be released, and the credit card will not be charged.

• Debit Card Warning
We require bidders to secure their accounts with a credit card. Some of our auctions further require a deposit. If you use a credit card to secure your account, the auction deposit will take the form of a credit card authorization and will count against your credit limit for the duration of the authorization (up to 10 business days). Walker Auction & Realty, LLC highly recommends you secure your account with a credit card and is not responsible for any issues arising from the use of a debit card to secure your bidding account. Add a debit card at your own risk.
• Auction Ending
Beginning at the stated closing time, the auction software will conclude bidding with the following exception: if a bid is placed in the last 5 minutes remaining for that auction lot, bidding for that lot will remain open for an additional 5 minutes; and will continue to be extended until there are no more increases within the 5-minute time frame.
• Soft Close Groups
This auction will be using the soft close method. If a bid is placed in the last 5 minutes remaining in the auction, the bidding will remain open for an additional 5 minutes for all properties in that group.
• Payment and Closing
The Purchaser shall pay a non-refundable amount equal to 10% of the total contract sales price to the Escrow Agent / Closing Attorney by 4:00 p.m. CST on the first business day following the conclusion of the auction (Monday April 13th). The Escrow Agent / Closing Attorney will only accept payment by wire transfer. The Purchaser will be charged for the wire transfer fee (typically $15.00). Purchaser shall pay the remainder of the total contract sales price at the real estate closing. Closing shall take place no later than 30 days after the close of the online auction. The Escrow Agent / Closing Attorney will schedule and conduct the closing. The closing date will be on or before May 15th, 2026.
• Escrow Agent / Closing Attorney
The purchase monies, in respect to the real estate shall be paid to and deposited with:
Rochelle, McCullough, and Aulds Attorneys at Law, 109 N. Castle Heights Ave., Lebanon, TN 37087 615-444-1433 / Closing Attorney Matthew Ryan
• Survey
The Seller is providing a new boundary survey for all properties except the six acres on Old Mill Hill Road. The seller does not have the original survey. We will provide the deed description and the tax map description. Seller will not provide a new survey.
Deed
Seller shall provide a good Deed.
• Evidence of Title
Auctioneer shall post a preliminary title of opinion on its website before the conclusion of the auction. Seller agrees to provide merchantable title to the Property subject to matters of record, general conditions of title and similar or related matters identified in the preliminary title commitment.
• Title Insurance
The Buyer may purchase title insurance and obtain an owner’s title insurance policy in the amount of the purchase price from the Closing Attorney at the Buyer’s cost. If you have questions concerning title call Matthew Ryan at 615-444-1433
• Real Estate Taxes
2026 taxes will be prorated at the time of closing. Any back taxes and assessments will be paid by the seller from the proceeds of the sale.

Closing Costs
The seller shall pay the following closing costs:
o Costs to prepare the deed
o 50% of the closing agent’s cost to close the sale
o Any legal counsel retained by Owner in connection with the conveyance of the Property
o Back taxes, if any
The Purchaser shall pay the following costs:
o Title policy/commitment fee
o Any special endorsements to the title policy.
o Any costs associated with title insurance issued in favor of Purchaser’s lenders, if any.
o All costs arising from or relating to any loan sought by Purchaser to finance the conveyance.
o All recording costs, transfer taxes and mortgage taxes arising from the deed, deed of trust and any other financing documents required by Purchaser’s lenders, if any.
o 50% of the closing agent’s cost to close the sale; and
o Any legal counsel retained by Purchaser in connection with the conveyance of the Property
• Cash Sale
This is a cash sale and is not contingent on Purchaser’s ability to obtain financing, or any other buyer contingency. (Buyer’s may use financing; however, this sale is not contingent on financing, appraisals, or inspections that might be required by a lender and must be closed by the stated closing date)
• Possession
The Purchaser will receive possession at closing.
• As-Is Sale
The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the Purchaser shall specifically agree that the Seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. All real estate, Land, buildings and improvements, if any, are being sold and purchased “AS-IS” without any warranties or guarantees, and representations as to fitness, use, habitability, merchantability, condition, age, shape, size, quality, quantity, environmental impact, conditions or hazards, condition of wells or subsurface conditions being expressed by sellers or their agents.
Anything an accurate survey or personal inspection of the property may reveal, including any existing right-of-way(s), easements or claims to easements. Subject to, any encroachments, easements, rights or claims of parties in possession, restrictive covenants, zoning or subdivision regulations, building codes, governmental agency regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The Purchaser shall have satisfied himself to the location and condition of the property and all descriptions prior to bidding. All information contained in the promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, soils work, perk test, etc., as provided by the Seller and is believed to be correct; however, neither the Seller nor the Auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information. Subject to restrictive covenants, if any, of record.

Soils/Perk Utility Water Information
The seller has had the soils tested and mapped on Tract #1 Old Mill Hill Road which is approved for a 3-bedroom residence, 1625 New Home Road soil site for a 4-bedroom residence, and Tract #2 New Home Road has a 4-bedroom soil site. The new surveys will show this information. No soil work was performed on Tract #2 Old Mill Hill Road. The buyer is encouraged to contact the utility companies to answer any questions concerning access to utilities.
• Agency Disclosure
Walker Auction and Realty LLC and its representatives are exclusive agents of the Seller and are agents of no other party to this transaction.
Miscellaneous
All decisions of the Auctioneer are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the auction. Seller and auctioneer reserve the right to deny any person the right to participate in the auction or to ban anyone from the auction who attempts to disrupt it.
• Equal Opportunity Clause
All bidding is open to the public. The Property is available to qualified purchasers without regard to a prospective Purchaser’s race, color, religion, sex, familial status, national origin or physical handicap.
• Debt Collection & Interest Charge
The bidder agrees to pay all reasonable attorney fees and other costs incurred by Walker Auction and Realty LLC in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due to Walker Auction and Realty LLC. Any debt collection or dispute proceedings of any kind will be heard in Wilson County, Tennessee.
• Guaranty Agreement
By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorney fee.
• Age Requirement
All bidders/purchasers must be 18 years of age or older.
• Bidders Information and Security
All registration information the bidder provides to Walker Auction and Realty LLC shall be current, complete and accurate. All bidders are responsible for any bids placed under their bidding numbers and passwords. Bidders must notify Walker Auction and Realty LLC if they believe that their bidder number and password have been compromised 615-308-9009. Under no circumstances shall Bidder have any kind of claim against Walker Auction and Realty LLC, or anyone else if the internet service fails to work correctly before or during the auction. Bidder agrees that by registering for the online auction, they have accepted all Terms and Conditions. Bidder is responsible for any and all bids placed by their account.
• Before Bidding
Potential bidders are encouraged to make their own inspections and due diligence prior to bidding on the properties. All information is provided as a convenience to the bidders and bidders will be responsible for validating all information. NO BIDS WILL BE CANCELED OR RETRACTED FOR ANY REASONS! READ ALL MATERIALS PRIOR TO BIDDING.
• Seller-Peggy Elaine Hawker
BUYERS AND SELLERS ARE BOUND BY THESE TERMS AND CONDITIONS AND THIS DOCUMENT WILL BECOME A PART OF THESE TRANSACTIONS ALONG WITH THE PURCHASE AND SALE AGREEMENT AND SUPPORTING DOCUMENTS.

Seller: Seller Peggy Elaine Hawker

Listing Agent: Mike Walker