The Tale of the Years, - As reported by Philip K. Dick (excerpts)
The Council of Manwe decides, with a majority of 5 to 3 votes, not to send envoys to Middle Earth. The five designated Maiar return to their former jobs.
The Ringwraiths settle in Minas Morgul.
The "Necromancer" opens shop in Dol Guldur.
Smeagol of the River Stoors finds the One Ring, retreats to the Misty Mountains.
Aragorn, son of Arathorn and Gilraen is born. Aragorn spends his youth (until he's ~ 30ish) in Rivendell. He gets an Elven identity under the name "Estel".
Thirteen dwarves, Thorin Oakenshield leading, meet someone Bilbo Baggins in Bree. They take him along on their journey as a talisman, against his will. Bilbo finds the one ring. Smeagol (under his new artist's identity "Gollum") learns about "Baggins" and "The Shire".
Bard of Esgaroth kills Smaug the dragon, the Battle of the five armies ends with a tie - after the deaths of their leaders Thandruil, Thorin, Bard and Bolg, the remnants of the armies withdraw. The dwarves found a commune under the mountain. Legolas of Mirkwood becomes king of the Wood Elves.
Bilbo and the ring return to Hobbiton. Bilbo uses the ring but once a year when the taxman shows up.
2957 - 2980
Estel, the former Aragorn, sets out as "Thorongil" to explore the lands of Gondor and Rohan.
Thorongil, returned to Bree, calls himself "Trotter".
Barliman Butterbur calls Trotter "Nutty".
Trotter calls himself "Strider".
Frodo is born, later adopted by Bilbo
Strider visits the Shire, where he happens upon the 111th birthday party of Bilbo Baggins.
He talks Frodo into stealing his foster father's ring and follow him to Rivendell. Samwise Gamgee is taken along for the fun of it.
Persecuted by both Bilbo and the black riders, the three of them make a hasty escape to Rivendell. Elrond summons a council, where it is decreed that Frodo should pay 10 million Shire pennies to Bilbo for theft and emotional cruelty, but the ring itself should be destroyed. Frodo volunteers to take the ring to Mordor; Strider, Gimli the dwarf, Figwit the Elf and Samwise choose to accompany him. The "band of five" is founded.
They take a short-cut through the mines of Moria. Figwit, last one to cross the bridge, is dumped into the abyss.
Frodo and Samwise leave the remaining "band of four", seeking entrance to Mordor unencumbered by the "annoying big folk". They meet Gollum, who promises to lead them across Cirith Ungol.
Gimli and Strider walk to Minas Tirith and make friends with their armed forces' commanders, Boromir and Faramir.
3019 (March 9th)
The grey company arrives at Minas Tirith, Strider decides against going on the "paths of the Dead" but asks the warlike riders of Rohan to help. Osgiliath is hard pressed, but resists against the Morgul army and the warships of Umbar. The oliphaunts, main advantage of the Morgul army, can't be used, and drown in the Anduin in an attempt of amphibious warfare.
3019 (March 13th)
Frodo, Sam and Gollum cross Cirith Ungol, Gollum betrays them. Sam kills Gollum. Frodo is stung by Shelob and captured by the Orcs; Sam manages to take the ring in last second. Frodo is carried away to Barad-dur by a Nazgul instantly.
3019 (March 15th)
Aragorn and the victorious army make a diversion against the Morannon.
3019 (March 22nd)
Sam, amazingly, makes it against all odds to Mount Doom, but decides to keep the ring for himself. He is overwhelmed by the Nazgul, the ring brought back to Sauron.
3019 (March 23rd)
Sauron regains physical shape and sets out to the Morannon, where he meets the White army with Aragorn in command. They battle, and Sauron, again, gets his finger cut off. Barad-dur falls down, the army of Mordor and it's allies is defeated. Aragorn decides to take the ring as a keepsake.
3019 (April 1st)
Denethor and his sons deny Strider (now under a new name "Elessar") the throne of Gondor, Elessar retreats to the north with a small band of men to re-found the kingdom of Anor. They are attacked by a band of extremely angry Orcs from the Misty Mountains, no one survives and the ring is lost again.
A new notion to send out the wizards to Middle Earth is brought before the council of Manwe.