Thursday, April 10, 2025 at 2:00 pm — SELLING ONSITE: 3689 Martha Berry Hwy
ESTATE AUCTION
The RONALD R. LYNCH ESTATE – SELLING for DIVISION AMONG HEIRS
ROME, ARMUCHEE COMMUNITY, FLOYD COUNTY, GA
(3) SFR Homes on Large Commercial Corner – 14.35 Ac of Development Property
PROPERTY LOCATED AT 3689 MARTHA BERRY HWY, ROME, GA
All Parcels will be offered in Tracts, Combinations of Tracts, or as a Whole.
Estate Auction: The Ronald R. Lynch Estate in Rome, GA
Discover a unique opportunity at the estate auction of the Ronald R. Lynch Estate, featuring three single-family residential homes and a significant 14.35-acre development property, all located in the heart of the Armuchee community of Rome, Floyd County, GA.
(3) Single Family Residential Homes located on Martha Berry Hwy/Hwy 27 – Parcel Number (J11X 090):
- 3689 Martha Berry Hwy:
- Size: 1652± sq ft
- Features: Includes a large den with pine paneling, a living room with a fireplace, a kitchen with custom cabinets, a dining room, three bedrooms including a master bedroom with a bath (tub/shower combo), an additional full bath, laundry room, and central heating and air.
- 3697 Martha Berry Hwy:
- Size: 1040± sq ft
- Features: Offers two large bedrooms, a bathroom with a stand-up shower, a spacious den with pine paneling, a generous kitchen, a screen porch, and new central heating and air.
- 3707 Martha Berry Hwy:
- Size: 1128± sq ft
- Features: Features two bedrooms, one bathroom (tub/shower combo), a living room with a fireplace, a kitchen and breakfast area, laundry room, central heating and air, and hardwoods throughout.
- Lot Details: These homes are situated on a 2± acre corner lot.
- Current Zoning: Community Commercial (CC)
- Property Taxes: $2,785
- School District: Armuchee
Development Property Details:
- Location: Lindsey Rd NW, Parcel Number (J11X 351)
- Acreage: 14.35 acres
- Utilities: Sewer, county water, and natural gas available
- Current Zoning: Suburban Residential
- Features: Long road frontage on Lindsey Road, creek frontage
- Property Taxes: $675
- School District: Armuchee
Auction Details:
All parcels will be offered in tracts, combinations of tracts, or as a whole, providing flexibility for bidders looking for residential properties with commercial potential or significant acreage for development.
This estate auction represents a rare chance to acquire prime real estate in a desirable location. Whether you are looking for a family home, an investment opportunity, or a large tract for development, this auction offers options to meet various needs. Located just minutes from downtown Rome, these properties provide an excellent balance of suburban tranquility and convenient access to city amenities.
Join us for this significant estate auction and seize the opportunity to own a part of the Ronald R. Lynch legacy in Rome, GA. Whether for personal use, investment, or development, these properties promise substantial potential in a growing area.
PROJECT MANAGER: Lou Dempsey – 770.546.2800 – [email protected]
OPEN HOUSE: Wednesday, April 9th, 1:00-4:00 PM or by Appointment. Please contact our office for your Personal Tour.
SALE SITE: Onsite under the Dempsey Tent
BIDDING: The auction will be Simulcast with the opportunity to participate live, in person, or online, whichever is most convenient.
TERMS AND CONDITIONS: REAL ESTATE: 10% Buyer’s Premium. 10% Down Sale Day with the Balance due on or before 30 Days from Sale Day.
CLOSING: Closing to be handled by Wright Smith with Brinson Askew Berry Law Firm, 706.291.8853. ALL SALES TO CLOSE ON OR BEFORE 30 DAYS FROM SALE DATE—NO EXCEPTIONS.
Co-Brokerage Participation: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS.
For Surveys, Brochures, Showing Appointments or Additional Sales Information on this auction, call us by name at 1.800.DEMPSEY (800.336.7739).
TERMS AND CONDITIONS
The Ronald R. Lynch, SR Estate
Thursday, April 10th at 2:00 PM
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with The Ronald R. Lynch, Sr. Estate, Ronald R Lunch, Jr. and Becky Monta Dunagan Co-Executors (Sellers) TO OFFER AT AUCTION 14.35 acres and three (3) houses on 1.73 acres located at 3689 Martha Berry Highway, Rome, Floyd County, GA, and being identified by Floyd County Tax records as Parcel #s J11Z 351 and J11X 090 respectively.
All property, real and/or personal, is selling “AS IS, WHERE IS” and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental conditions including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products concerning the property are given by the Auctioneer or Sellers. Neither the Auction Company nor the Sellers makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Sellers, Auctioneer, or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during, or after the auction.
The Sellers have the right, at their sole discretion, to add or withdraw all or any portion of the properties before the auction on Thursday, April 10th at 2:00 PM. This property is Selling Subject to Owner Confirmation, and all offers may be held open until Friday, April 11th, at 5:00 PM.
CONVEYANCE: All property will be conveyed by Limited Warranty Deed, unless otherwise disclosed, with title insurance available at the Purchaser’s expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, Rome, Floyd County regulations, any existing rights of way (if any), and all other matters now of record or shown on the attached plat. All Personal Property & Equipment reserved. A portion of this property lies in the 100-year flood plain.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. The purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. The bidder acknowledges and understands that this service may or may not function correctly on the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
DEFAULT: In the event, that a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Conditions and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 10% of the final purchase price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY:
A. Parcel #J11Z 351: No recent surveys were performed for this auction. The property is being conveyed by legal description contained within the actual deed of record in the Office of the Clerk of Superior Court of Floyd County. The accuracy of any recorded survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co. from all liability in all matters concerning the survey.
B. Parcel #J11X 090: The Property has been surveyed for this auction by Clay Richardson, GRLS# 003483 a Georgia registered Land Surveyor. Property selling subject to recording. A survey and recording fee of $790 Per Tract will be charged and paid upon execution of the sales contract. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release Dempsey Auction Company and Seller from all liability in all matters concerning the survey.
CLOSING: Closing shall take place within 30 days of sale date in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Wright Smith with Brinson, Askew, and Berry Law Firm, 615 W 1st St, Rome, GA, 706.291.8853. We encourage you to contact Mr. Smith as soon as possible to discuss the closing.
CLOSING COSTS: The Seller will provide a Limited Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before May 9, 2025.
TAXES: The 2025 Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between the seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. All announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information.
METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.
Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.
The Ronald R. Lynch, SR Estate
Thursday, April 10th at 2:00 PM
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with The Ronald R. Lynch, Sr. Estate, Ronald R Lunch, Jr. and Becky Monta Dunagan Co-Executors (Sellers) TO OFFER AT AUCTION 14.35 acres and three (3) houses on 1.73 acres located at 3689 Martha Berry Highway, Rome, Floyd County, GA, and being identified by Floyd County Tax records as Parcel #s J11Z 351 and J11X 090 respectively.
All property, real and/or personal, is selling “AS IS, WHERE IS” and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental conditions including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products concerning the property are given by the Auctioneer or Sellers. Neither the Auction Company nor the Sellers makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Sellers, Auctioneer, or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during, or after the auction.
The Sellers have the right, at their sole discretion, to add or withdraw all or any portion of the properties before the auction on Thursday, April 10th at 2:00 PM. This property is Selling Subject to Owner Confirmation, and all offers may be held open until Friday, April 11th, at 5:00 PM.
CONVEYANCE: All property will be conveyed by Limited Warranty Deed, unless otherwise disclosed, with title insurance available at the Purchaser’s expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, Rome, Floyd County regulations, any existing rights of way (if any), and all other matters now of record or shown on the attached plat. All Personal Property & Equipment reserved. A portion of this property lies in the 100-year flood plain.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. The purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. The bidder acknowledges and understands that this service may or may not function correctly on the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
DEFAULT: In the event, that a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Conditions and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 10% of the final purchase price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY:
A. Parcel #J11Z 351: No recent surveys were performed for this auction. The property is being conveyed by legal description contained within the actual deed of record in the Office of the Clerk of Superior Court of Floyd County. The accuracy of any recorded survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co. from all liability in all matters concerning the survey.
B. Parcel #J11X 090: The Property has been surveyed for this auction by Clay Richardson, GRLS# 003483 a Georgia registered Land Surveyor. Property selling subject to recording. A survey and recording fee of $790 Per Tract will be charged and paid upon execution of the sales contract. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release Dempsey Auction Company and Seller from all liability in all matters concerning the survey.
CLOSING: Closing shall take place within 30 days of sale date in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Wright Smith with Brinson, Askew, and Berry Law Firm, 615 W 1st St, Rome, GA, 706.291.8853. We encourage you to contact Mr. Smith as soon as possible to discuss the closing.
CLOSING COSTS: The Seller will provide a Limited Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before May 9, 2025.
TAXES: The 2025 Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between the seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. All announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information.
METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.
Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.