BANKRUPTCY
REAL ESTATE AUCTION
As Ordered by The U.S. Bankruptcy Court
Subject to Bankruptcy Court Approval

Wednesday, May 11th, 2011 - 10:30 AM
 

Sale 1 – 10:30 AM

Bankruptcy Real Estate Auction

As Ordered by The U.S. Bankruptcy Court, Case #09-36296

1.15 Acre Tract of Land
Ruritan Road,
Harriman, TN 

·         Approximately 1.15 Acres

·         200’ of Frontage on Ruritan Road (Hwy. 29)

·         Wooded, Level Lot

Zoning: A – General Agricultural
Utilities: Electric / Water / Septic
Estimated Real Estate Taxes:
Roane County 2010 taxes - $79.42

Buyer responsible for all current and back delinquent taxes

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

Sale 2 – 12:00 Noon

Bankruptcy Real Estate Auction

As Ordered by The U.S. Bankruptcy Court, Case #10-35097

Vacant Lot in Nessa Fields Subdivision
Texas Lane
Kingston, TN 

·         Approximately 1.11 Acres

·         Located in Dogwood Shores Area

·         Wooded, Level Lot

·         Minutes From Watts Bar Lake

Zoning: R-1 Residential Zone
Utilities: Electricity
Estimated Real Estate Taxes:
Roane County 2010 taxes - $82.16

Buyer responsible for all current and back delinquent taxes

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

Directions: Traveling West on I40 towards Kingston, take Exit #356B for Gallaher Road. Merge onto Gallaher Road S and travel 1.3 miles. Turn LEFT at Old Buck Creek Road and travel 4.5 miles. Turn RIGHT at Dogwood Valley Road and travel 4 miles. Take a slight RIGHT onto Wolf Creek Road, then continue onto Little Dogwood Valley Road for 2.7 miles. Turn LEFT at Texas Lane to property on LEFT.
 

Sale 3 – 2:00 PM

Bankruptcy Real Estate Auction

As Ordered by The U.S. Bankruptcy Court, Case #10-34483

Great Rental Home Ideally Located in Maryville
1015 Everett Avenue
Maryville, TN 

·         Approximately 1,728 Square Feet

·         Two Story Home

·         Built in 1928

·         ½ Acre Lot

Zoning: R-1 Residential Zone
Utilities: Electricity / Water / Sewer
Estimated Real Estate Taxes:
Maryville City 2010 taxes - $505.07
Blount County 2010 taxes - $474.81
TOTAL ANNUAL RE TAXES - $979.88

Buyer responsible for all current and back delinquent taxes

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE NO EXTENSIONS AVAILABLE.

Directions: In Maryville, from the intersection of N Washington Street & E Broadway Avenue, travel northeast on E Broadway Avenue for 1/10 mile.  Turn RIGHT at Everett Avenue and travel 1/10 mile to property on RIGHT.

Sale 4 – 3:30 PM

Bankruptcy Real Estate Auction

As Ordered by The U.S. Bankruptcy Court, Case #10-34545

5+/- Acres in White Oak Subdivision
Adams Lane
Heiskell, TN 

·         Located just off of East Wolf Valley Road

·         Wooded Property with Mountain Views

Zoning: R-1 Residential Zone
Utilities: Electricity / Water
Estimated Real Estate Taxes: 
Anderson County 2010 taxes - $627.00

Buyer responsible for all current and back delinquent taxes

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF  SALE DATE. NO EXTENSIONS AVAILABLE.

Directions: Traveling north on Clinton Highway towards Clinton, turn RIGHT at E Wolf Valley Road and travel 3.6 miles.  Turn LEFT at White Oak Lane and travel ½ mile to property on RIGHT. 

Have a Question about this Auction?  Click here to send e-mail directly to a Furrow Representative.

**All Square Footage and Acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

Homes built before 1978 may contain lead-based paint.

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