103 Fox Park Road, Louisburg, NC

REAL ESTATE AUCTION - RAW LAND

65 Acres undeveloped land in Louisburg, NC

This is a US Federal Bankruptcy Auction of 65.80+/- acres of undeveloped land located on NC Hwy 39 South & Fox Park Road in Louisburg, NC. This mostly wooded property has road frontage on both roads along with multiple points of ingress and egress from existing smaller roads and streets on different sides of the property. The main entrance is located beside 115 Fox Park Road. It appears that the previous owner has cleared some paths and roadways into and around portions of the property. There is a strip of low area, possibly a creek or natural drainage area near the middle of the property and a low swampy area on the NC Hwy 39 end of the property. There are residential areas on all sides of this large property.

The property consists of (2) separate parcels, a 63 acre main parcel on Fox Park Rd. and a contiguous 2.7 acre parcel at the intersection of Fox Park Rd. and NC Hwy 39. Both parcels will be sold together as a single property.

This property is vacant with no structures and can be inspected daily at your convenience.

THIS AUCTION WILL BE HELD LIVE AT 844 NC HWY 39 SOUTH (AROUND THE CORNER FROM THE PROPERTY) ON WEDNESDAY, JUNE 4, 2025 AT 12PM. THIS IS "AUCTION 2" OF SEVERAL AUCTIONS WE ARE HAVING IN LOUISBURG AND THE SURROUNDING AREA THAT DAY. RETURN TO OUR MAIN PAGE TO SEE THOSE AUCTION LISTINGS.

*THERE IS NO UPSET BID RAISE PERIOD ON THIS AUCTION. YOU CAN NOT RAISE THE BID AFTER THE CLOSE OF THE LIVE AUCTION. THE HIGH BID AT THE LIVE AUCTION WILL BE THE FINAL BID.

FRANKLIN COUNTY TAX DATA

Maps, drawings, tax data... by clicking "Maps & Brochures" below

"PARCEL 1" - 63.09+/- acres - Fox Park Road

Parcel ID - 017442

Current Tax Value - $333,860.00

"PARCEL 2" - 2.71+/- acres - NC HWY 39 South

Parcel ID - 049692

Current Tax Value - $42,670.00

TERMS & CONDITIONS

SELLER – This property is being sold by CBA under Order of or with Notice to The United States Federal Bankruptcy Court

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – This property is being sold by Court order of having no liens.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted. The property is being sold “free and clear” of all liens, or with liens satisfied at closing.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION

ANNONCEMENTS AT TIME OF AUCTION TAKE PRECEDENCE OVER ALL OTHER INFORMATION, WRITTEN, ADVERTISED, OR CONVEYED BY ANY MEANS.