FRENCH MILL ABSOLUTE AUCTION-DANDRIDGE

Online Only Auction

Powell Auction & Realty, LLC

822 French Mill Rd.

Dandridge, TN 37725

Date(s) 10/7/2019 - 10/24/2019

Thursday October 24th @ 12:00 NOON

Past Auction

Online-Only Auction

Catalog

View Catalog (1 Lots)

Bidding Notice:

Online bidding Only

Auction Information

Name	FRENCH MILL ABSOLUTE AUCTION-DANDRIDGE
Auctioneer	Powell Auction & Realty, LLC
Type	Online-Only Auction
Date(s)	10/7/2019 - 10/24/2019
Auction Date/Time Info	Thursday October 24th @ 12:00 NOON
Preview Date/Time	Sunday October 20th from 1:00 - 5:00 PM
Checkout Date/Time	.
Location	822 French Mill Rd. Dandridge, TN 37725
Buyer Premium	10% Buyer's Premium
Description	822 French Mill Road Dandridge Tennessee 37725 Online Only Absolute Auction Bidding starts Closing October 24 12 Noon A Piece of Tennessee history selling at Absolute Auction Perkins Iron Works purchased the property where the mill stands in 1796. The mill was built between 1798-1800. Freeman Lambright purchased the property in 1990 built the log home and restored the mill back to it current working conditions. Log Home, French Mill Original mill building built 1798-1800 2 Bed Room 1 Bath Log Home on the banks of Dumplin Creek 3.13 Acres Property Taxes 549.31 Open House Sunday October 20 1-5 This unique CREEKSIDE property comes with a completely restored water wheel-powered, belt-driven grist mill that dates back to approx. 1800 and is fully operational. Hearthstone log cabin constructed with 6×12 logs. Wide plank pine flooring. Septic access for RV. Let the sound of creek lull you to sleep, or while away hours on the porch gazing at the cascades. Creek has dam that feeds mill race. This beautiful setting and historic property will endear you even more to East Tennessee!

Terms and Conditions

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, 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 price. US currency cash or approved check. The balance is to be paid in full at the deed closing within 30 days by Courthouse Title. 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 closing cost to be split between buyer & seller, unless otherwise specified. Buyer is to obtain his/her own financing. 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. ONLINE Auction Terms: 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.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	500.00 USD

Payment Information

Currency	USD
Buyer Premium	10% Buyer's Premium
Payment Terms	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, 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 price. US currency cash or approved check. The balance is to be paid in full at the deed closing within 30 days by designated closing company. 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 closing cost to be split between buyer & seller, unless otherwise specified. Buyer is to obtain his/her own financing. 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. This sale is online bidding only at www.powellauction.com pre register on the web site. Call our office if you need assistance 865-938-403. This is a solf close auction if bids are place in last minute additional time is added for bidding. If you have any questions please dont hesitate to contact us at Powell Auction & Realty. Please attend open house to inspect this fabulous property.

Shipping / Pick Up

N/A

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.