Absolute Estate Auction – 57.76 acres, barns, home, & farm equipment in New Market

Date: 04/14/2018

Time: 10:00AM

Location: 1343 Mine Road | New Market, TN 37820

Office: Knoxville

Agent: Kenny Phillips or Phillip Hopper

Saturday, April 14th at 10:00AM

Live Onsite Auction

Absolute Real Estate Auction

Selling to the highest bidder, regardless of price!

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1343 Mine Road | New Market, TN 37820

Jefferson County 
Beautiful +/- 57.76 Acres, Barns, Home, & Farm Equipment
Close proximity to Jefferson City
Offered in 5 Tracts and as a Whole
Over 1,174' of road frontage
Gorgeous homesite locations - Creek frontage - Pond
Parcel/Tax ID: 034  010.00
Total Tax Appraisal: $441,100.00
Total Yearly Property Taxes: $1,403.54
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TRACT 1:
House - Barns - Storage Building - Pond
House was built in 1871 (per seller)
2-story home with approx. 2212 SF
Lot Size: 6.42 acres
202.44' of road frontage
Creek fed pond
***Home is in need of repairs***
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TRACT 2:
Lot Size: 12.27 acres
Metal Garage Building (20' x 40' per tax records)
300' of road frontage
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TRACT 3:
Lot Size: 10.9 acres
325.88' of road frontage
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TRACT 4:
Lot Size: 7.72 acres
289.5' of road frontage
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TRACT 5:
Lot Size: 20.45 acres
56.96' of road frontage (flag lot)
Creek frontage
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Farm Equipment to be sold including:
1978 Chevrolet Camaro, 1978 Chevrolet C65 tandem axle truck with lime spreader (New Leader L-2010 - with badges from Reeder Chevrolet), Ford 3600 tractor, Caroni Spa tiller rear tiller attachment, Gravely ProMaster 300 mower with Kohler 20hp, 2008 Delta Manufacturing tandem axle livestock trailer, New Idea round baler, bush hog, hay wagons, New Holland Hayliner Model 310 square baler, sickle bar mower attachment, pond scoop, fuel tank, clod buster attachment, turn plow attachment, hay rings, 4-bottom disc plow, New Holland hay rake, and much more!
Farm Credit Logo
TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Closing to be conducted by Colonial Title Group. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification and Lead-Based Paint Inspection Notification will be a part of the sales contract. Lead-based paint inspection begins April 4, 2018