Estate Auction Bob Armes Circle Road Morgan County

Date: 02/22/2020

Time: 10:30 am

Location: 890 Bob Armes Circle Wartburg Tn

Office: Knoxville

Agent: Kenny Phillips

Estate Auction 

Saturday February 22 10: 30 am 

 Live Auction  On Site 

890 Bob Armes Circle Road  18.9 Acres +/-

Wartburg Tennessee 37887

 Estate of  Donald Young

Farm, Equipment and Home Furnishings 





Ranch Home  approx 800 square feet , 2 bed room, 1 bath, basement , fenced in yard for your pets, oak kitchen cabinets, stove, refrigerator, dishwasher, wood burning cook stove, 2 car carport, grape vines, pasture land, Pole Barn, 18 +/- acres, less family cemetery.

Public Water , gas heat, window air, Natural gas

Property Taxes 662.99

Tax appraisal 151,900.00

Home built in 1973

 Morgan County Information 

Morgan County Government 

Personal Property: Hay rake, hay tiller, manure spreader, seed/ fertilizer, rolls round hay and square bales, cedar bed room suits, sofa and chair, swinger sewing machine, kitchen items, cross cut saw, antique collectibles, oak table and chairs, upright freezer, oil lamps, collectible paper money, tools, kitchen items, cow bells, and much more!!

 All Bidding Live On Site Only

ESTATE 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 price. US currency cash or approved check. The balance is to be paid in full at the deed closing within 30 days by designated closing company. Galloway & Kissel Attorneys to conduct the closing. 2020 property taxes to be paid by the BUYER.  Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. BUYER to pay ALL title closing cost. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). 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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts January 1 2020.Auction is subject to owner conformation. Powell auction & Realty  is acting as Special Commissioner  appointed by Morgan County Chancery Court.

Personal Property Terms: Payment in full day of sale, Cash or approved check with bank letter. 10% buyers premium and 13% on credit or bank cards and sales tax will be added to final bid to establish total contract sales price. ALL items to be removed at auction conclusion.

Warranty. All items are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. All Sales are Final, NO Refunds! Bidders are responsible to thoroughly inspect items before bidding and to satisfy themselves of such matters as suitability, marketability, completeness, year, make, model, and/or condition