SALE PENDING – Jonesborough, TN Bankruptcy Real Estate Auction

Date: 02/25/2017

Time: 12 NOON

Location: 1115 E Main Street - Jonesborough, TN 37659

Office: Knoxville

Agent: Kenny Phillips

SALE PENDING – BANKRUPTCY REAL ESTATE AUCTION 1115 E Main Street Jonesborough, TN 37659 Saturday, February 25th at 12 NOON

 Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Greeneville – Case #: 2:16-bk-51495-MPP

Washington County, TN

Brick Ranch Style Home

4 bedrooms & 1 bath

(2) 1-car garages

 Dimensional shingle roof

Full unfinished basement

Gorgeous hardwood flooring throughout

Wood burning fireplace

Sun room with marble flooring

Arched doorways

Beautiful bathroom with tile floors, walls, and walk-in shower

Kitchen with tile floor, gas range, stainless fridge, quartz counter tops

Central Heat & Air

Natural Gas


Year Built: 1948

 Large Lot: 2.21 acres

Parcel ID: 052 241.00

Tax Appraisal: $181,200

Total Taxes: $1,490.51 (city & county)

In case of inclement weather, please call our office at 865-938-3403 to confirm the sale date and time.

TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the total sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. Bankruptcy Sale is Subject to Court Approval.  The balance is to be paid in full at deed closing within 20 (TWENTY) days, after Court Approval. Property to be transferred with a Trustees Deed ONLY. Seller will provide Trustees Deed ONLY. Title Opinion, Title Insurance, Document Recording & ALL CLOSING COST will be the Responsibility of the Buyer. Buyer is Responsible for ALL Property Taxes Current, Delinquent, fees & any penalties. No Extensions. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption and Lead-based paint inspection waiver will be a part of the sales contract. Lead-based paint inspection period begins February 13th, 2017.

Important Information