ABSOLUTE AUCTION – Seymour, TN Brick Ranch Home with Commercial Zoning

Date: 07/27/2017

Time: 12:00PM

Location: 112 McMahan Road - Seymour, TN 37865

Office: Knoxville

Agent: Kenny Phillips or Phillip Hopper


112 McMahan Road Seymour, TN 37865

Thursday, July 27th at 12:00PM

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Live Onsite Bidding

Seymour, TN Home

Sevier County

Selling to settle the estate of Ms. Imogene Ford

Approx. 1467 SF

One-owner Brick Ranch Home with Unfinished Basement

3 bedrooms & 1 bath

Property is zoned C-2 (General Commercial District)

Lot Size: 200 x 144 IRR

Year Built: 1958

Parcel/Tax ID: 044e a 013.00

Tax Appraisal: $128,700.00

Property Taxes: $598.46

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. Courthouse Title 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 July 5th, 2017.

Important Information