Absolute Auction – Kingston, TN – 84 acres and Home

Date: 03/11/2017

Time: 10:00AM

Location: 205 Dupont Smith Lane - Kingston, TN 37763

Office: Knoxville

Agent: Kenny Phillips

ABSOLUTE AUCTION 205 Dupont Smith Lane Kingston, TN 37763

Saturday, March 11th at 10:00AM

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Selling on behalf of the Smith Family

84.74 Acres –  Home Farm Equipment – Furnishings

OPEN HOUSE: Friday, March 10th from 10:00AM-5:00PM

84.74 acres offered in 6 tracts, groupings, and as a whole


 Roane County, TN

Parcel/Tax ID: 080  053.00

Total Tax Appraisal: $419,900

2 Large Equipment Barns

Approx. 2484 SF (Main Level: 1242 Sf and Upstairs: 1242 SF)

Full unfinished basement (approx. 1242 SF) with 2-car garage

Main level features: oak hardwood floors, living room with wood burning fireplace, dining room, office/den, eat-in kitchen, and half bath

Upstairs features: master bedroom and bathroom with large cedar lined closet, bedroom with double cedar lined closets, guest bathroom, bedroom (currently used as laundry room) with cedar lined closet

For financing options, contact David Reynolds at 865-687-5500 or 865-640-3179

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. TITLE ONE, INC to Conduct the Closing. Current taxes will be prorated at the 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. 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 Disclosure waiver will be a part of the sales contract. Lead-based paint inspection begins March 1st, 2016.

DIRECTIONS: Take I-40 to the Gallaher Road exit. Head southwest on Gallaher Road to left onto Highway 70. Turn right onto Buck Creek Road to left onto Paint Rock Ferry Road. Turn left onto Dupont Smith Lane to the property. Look for the auction signs!

Important Information