Live Webcast Auction
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Lot Was Passed
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Date(s)
6/20/2024 - 7/13/2024
AUCTIONEER INFORMATION
Bidding Notice:

IT IS RECOMMENDED THAT YOU PUT IN YOUR MAXIMUM BID AND LET THE COMPUTER BID FOR YOU. THAT WAY, YOU SHOULD NOT HAVE ANY ISSUES WITH SLOWED INTERNET CONNECTION OR POWER FAILURE ISSUES. THE WINNING BID The winning bid in an auction will be the highest bid that exceeds any reserve (if a reserve exists). In the case of equal bids, the earliest bid received will be the winning bid on an ONLINE ONLY ... Show More


Information
Lot # 4
Group - Category Real Estate - Ag / Farm Land
Lead TRACT 3
Description
TRACT 3 | 32.626 +/- acres
Name THE REED ESTATE - 110+/- ACRES OFFERED IN 4 TRACTS
Auctioneer
Type Live Webcast Auction
Date(s) 6/20/2024 - 7/13/2024
Auction Date/Time Info
SATURDAY JULY 13TH AT 9:00 AM (ET)
Preview Date/Time CALL PHILLIP AT OFFICE 865-938-3403
Checkout Date/Time .
Location
Buyer Premium NO BUYER'S PREMIUM APPLIED FOR THIS SALE
Description
110+/- acres – 1815 S Liberty Hill Road – Limestone, TN 37681 THE REED ESTATE – Sold by the order of the Greene County Chancery Court – Case No.: 2022-CV-301 110.97 +/- acres offered in tracts – BID LIVE OR ONLINE BID LIVE OR ONLINE: Saturday, July 13th at 9:00AM (ET) Awesome buying opportunity to purchase gorgeous farm land 110.97+/- acres offered in 4 tracts, groupings and as a whole Home, barns & silo Gorgeous farm land in Greene County All tracts have beautiful mountain views, plenty of privacy and wildlife galore Comprised of pasture and wooded land Property being sold is comprised of current Greene County Parcel/Tax IDs: 037 036.01 (House tract) and 037 036.00 HOUSE TRACT | 0.938 +/- acre (Shown as Tract 4 on survey) Brick basement ranch home with approx. 1725 SF on main level with 1725 SF basement Immaculate home 3 bedrooms with 1.5 bathrooms Living room Open concept kitchen/dining area Laundry room Sunroom Walk-out full basement 2 carports and shed City water Heat pump Lot Size: 0.938 +/- acre Year Built: 1959 Greene County Parcel/Tax ID: 037 036.01 TRACT 1 | 38.134 +/- acres TRACT 2 | 39.271 +/- acres – Improved with barns, silo and well with a new pump installed in 2022 TRACT 3 | 32.626 +/- acres SALE CONDUCTED IN CONJUNCTION WITH: Morelock Auction Team | Charles Morelock | 423-552-8010 Gavel Pro Real Estate and Auction | James Adam Anders | 423-900-1975
Real Estate Terms: Powell Auction will email winning bidder your contract. 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. NO BUYER’S PREMIUM WILL BE APPLIED TO THIS AUCTION. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement. Sales is subject to confirmation by the Greene County Chancery Court. East Tennessee Title & Escrow will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide a Clerk and Master deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur within 30 days of Greene County Chancery Court approval. 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 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.** 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. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders. New Bidders, please Pre-Register, we will have to approve you to Bid!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium NO BUYER'S PREMIUM APPLIED FOR THIS SALE
Payment Terms
10% DOWN
NO SHIPPING