This image portrays SOLD | $223,850 | 5110 Decatur Highway - Ten Mile, TN 37880 by Powell Auction & Realty.

Organizer

Powell Auction & Realty, LLC
Phone
865-938-3403

Other Organizers

Kenny Phillips | Lic #2385
Phillip Hopper | Lic #6709

Date

Nov 18 2023
Expired!

Time

10:00AM (ET)
10:00 am

Labels

Completed

SOLD | Court Ordered Sale – 1335 Maynardville Highway – Maynardville, TN 37807 – 10 acres

CHANCERY COURT AUCTION – LIVE BIDDING ONLY

Auction to be conducted at the
Union County Courthouse
901 Main Street, Maynardville, TN 37807

LIVE BIDDING ONLY:
Saturday, November 18th
at 10:00AM (ET)

  • SOLD BY THE ORDER OF THE CHANCERY COURT FOR UNION COUNTY, TENNESSEE – CASE NO. 7101
  • 10.09+/- acres of wooded land in Union County
  • Ideal location for a private estate
  • Public water and electricity are available to the property
  • Located less than 15 minutes from North Knox County and beautiful Norris Lake
Union County Parcel / Tax ID:

076  066.02

Yearly Property Taxes:

$350.18 – Union County only

Lot Size:

10.09+/- acres

Real 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, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price payable to the Union County Chancery Court. A six percent (6%) 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 upon confirmation of the sale by the Union County Chancery Court. Sale is subject to a 10 business day raise period to be submitted by Tuesday, December 5th. By bidding you are entering into a binding agreement.

The contract will not be contingent upon financing, inspections or any other contingencies.

Subject property is sold “according to law” as defined by local rules of practice in Union County, and will be sold AS-IS, WHERE-IS, without representation or warranties of any kind whatsoever, whether expressed or implied, and without warranties of merchantability, habitability or fitness for a particular use or purpose as to the land and any improvements thereon and subject to applicable zoning, utilities, rights-of-ways and other, easements, restrictions, and reservations of record. BIDDERS SHOULD PERFORM SUCH INDEPENDENT INVESTIGATION WITH RESPECT TO THE PROPERTY BEING SOLD AS THEY DEEM NECESSARY OR APPROPRIATE.

FURTHER ANNOUNCEMENTS MAY BE MADE THE DAY OF SALE.

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. Any remaining personal property will convey at closing. ***Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.***