SOLD | $356,400 | 27509 State Highway 58 N | Ten Mile, TN 37880

Date: 04/07/2022

Time: 12:00PM (Noon)

Location: 27509 State Highway 58 N, Ten Mile, TN 37880

Office: Knoxville

Agent: Kenny Phillips - #2385 | Phillip Hopper - #6709 | Ronnie Colyer - #1365

Real Estate Auction
27509 State Highway 58 N | Ten Mile, TN 37880

+/- 47.48 acres with home and outbuildings in Ten Mile

BID LIVE OR ONLINE
Thursday, April 7th at 12:00PM (Noon)

OPEN HOUSE:
Thursday, March 31st from 1-4PM

 

Beautiful +/- 47.48 acres in Meigs County

Offered as a whole

Old Farmhouse | Milk house | Barns

Gorgeous views from property

Over 1600' of road frontage

Approx. 1/2 of the property is cleared

2-story farmhouse built circa 1890 with fieldstone chimney

Remaining portion of original dairy farm

Milk house with concrete floor, milking stalls and fieldstone foundation

Gorgeous building with many potential uses


MEIGS COUNTY
PARCEL/TAX ID

015  031.01

YEARLY

PROPERTY TAXES
$766.76
LOT SIZE
+/- 47.48 acres
YEAR BUILT
1890

SALE CONDUCTED IN CONJUNCTION WITH
Ronnie Colyer Auction & Realty | 423-506-0990

Real Estate Terms:
Powell Auction will email winning bidder  your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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 . By bidding you are entering into a binding agreement. Sale is exempt from TN Residential Property Condition Disclosure. Lead-Based Paint Inspection to begin March 29th, 2022.

Reliance Title will be conducting the closing.
Current taxes, will be prorated at the date of closing, unless otherwise specified. 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. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur by May 9th, 2022.

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 Waiver will be part of the sales contract. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction. 
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!