91.8 acre farm with 3 bedroom, 2 bath, 24x54 double wide mobile home,
equipment sheds, storage buildings and a workshop. 2/3 of the
farm is in woodlands, 1/3 is in fields. The timber was select cut a few years ago.
The property is fully fenced, has springs and creeks through out, and has a lake with
large dam. The lake is now drybecause the
drainage valve has been left open. Some of his cattle got in
there in the winter, broke through the ice and died. The spring
area that feeds the lake still provides water to the lake bottom.
One
of the more interesting features is a cave that has been dynamited shut many years ago.
Several legends , such as Jesse James and his gang stayed in the cave a while and
probably hid some money in there after robbing a bank in nearby
Florence, Alabama.
Indians were said to have lived in the cave before
that.
The owner was aware of the existence of trace silver ore in the cave, and had a small person enter the cave as far as they could
and bring out some rock and had them assayed by Microbac Laboratories,
Inc., Knoxville Division, in Maryville, TN. The assay shows 3.43,
units: MG/KG, method: SW846 7760.
An old time resident, who
knew the area well, said he knew, from stories he
had been told growing up in the area, there was silver ore in the cave and
possibly other "treasures" and artifacts.
Heavy equipment will be needed to reopen the entrance so the cave may be searched & explored. The owner had dreamed of accomplishing this, but has recently become partially disabled and is in poor health.
Now he is not physically or financially able to pursue his dream,
and therefore is reluctantly offering the farm for sale.
Offered @
$230,000.00
for all, except for 5% of the mineral rights.
OR
Will sell @ a lesser price for a greater percentage of the mineral rights.We hope you enjoy shopping
for Real Estate with us.
Allen Terry - Broker
