Furrow Auction Company
ABSOLUTE AUCTION
To Be Sold To The Highest Bidder
Without Minimum or Reservation
Estate of Carl Wattenbarger
Real Estate, Antique Cars & Furnishings


All Properties will be sold from:
606 Commerce Street
Loudon, TN

Saturday, October 29th, 2011 - 10:30 AM
Inspection: Friday, October 28th - 9:00AM - 4:00PM

Auctioneer’s Comments: Furrow Auction Company is proud to offer the Estate of Carl Wattenbarger.  Mr. Wattenbarger was a well-known business man in Loudon County.  He opened the first real estate office in Loudon in 1970 that is still owned and operated today by Larry and Carolyn Smith under the name of “Wattenbarger-Smith Real Estate”.  Mr. Wattenbarger furthered himself in the Real Estate industry by becoming certified as a Real Estate Broker, Appraiser & Auctioneer.  Furthermore, he built more than 100 homes in the Loudon area, a feat that brought him great pride.  One of the highest honors in the auction profession is being selected to auction the estate of a fellow auctioneer and Furrow Auction Company is very appreciative the Estate of Carl Wattenbarger chose our company to auction his assets on Saturday, October 29th.

 

In Conjunction With:

Larry Smith
Wattenbarger - Smith Real Estate
(865) 789-1942
 

Click here for Antique Cars and Personal Property Auction Information

 

Property #1 - Absolute Auction

2-Story Home With Detached Garage & Garden Spot
606 Commerce Street, Loudon, TN

 

  • Approximately 2,606 s.f.
  • 3-Car Detached Garage
  • ½ Acre Garden Spot Located Behind Home
  • 4 Bedrooms – 2 Bathrooms

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
High Density Residential District

Estimated Real Estate Taxes:

House Tract:

County Real Estate Taxes – Approx. $517.36
City Real Estate Taxes – Approx. $335.45

Land Tract (Behind Home):
County Real Estate Taxes – Approx. $32.41
City Real Estate Taxes – Approx. $49.99 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, travel southwest on Mulberry Street.  Take the 1st RIGHT onto Atlanta Avenue.  Turn RIGHT onto College Street, then take the hill on your LEFT onto Green Street.  Turn LEFT onto Commerce Street, then take a SHARP LEFT to stay on Commerce Street and travel 0.2 miles to property on RIGHT.

Property 1 - City Tax Report for House Tract
Property 1 - City Tax Report for Land Tract
Property 1 - County Tax Report for House Tract
Property 1 - County Tax Report for Land Tract

Property #2 - Absolute Auction

Potential Income-Producing Rental Property
308 Angel Row, Loudon, TN

 

  • Approximately 1,040 s.f.
  • 2 Bedrooms – 1 Bathroom
  • Built in 1935
  • Just minutes from downtown

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
Single Family Residential District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $174.57
City Real Estate Taxes – Approx. $113.19 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, travel southwest on Mulberry Street.  Take the 1st RIGHT onto Atlanta Avenue.  Turn RIGHT onto College Street, then take the hill on your LEFT onto Green Street.  Turn LEFT onto Commerce Street and go over Railroad Tracks.  Take the 1st RIGHT onto Collins Street and travel 0.2 miles to property on RIGHT.

Property 2 - City Tax Report
Property 2 - County Tax Report


Property #3 - Absolute Auction

Potential Income-Producing Rental Property
306 Collins Street, Loudon, TN

 

  • Approximately 966 s.f.
  • 2 Bedrooms – 1 Bathroom
  • Built in 1935
  • Just minutes from downtown

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
Single Family Residential District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $208.69
City Real Estate Taxes – Approx. $135.31

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School 
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, travel southwest on Mulberry Street.  Take the 1st RIGHT onto Atlanta Avenue.  Turn RIGHT onto College Street, then take the hill on your LEFT onto Green Street.  Turn LEFT onto Commerce Street and go over Railroad Tracks.  Take the 1st RIGHT onto Collins Street and travel 0.2 miles to property on RIGHT.

Property 3 - City Tax Report
Property 3 - County Tax Report


Property #4 - Absolute Auction

Great Starter Home in Lakeview Heights
524 River Bend Drive, Loudon, TN

 

  • Approximately 1,218 s.f.
  • 3 Bedrooms – 1.5 Bathrooms
  • Built in 1977
  • 23’x12’ Back Deck
  • Rear of Property is fenced in
  • Previously Rented for $700/Month

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
Single Family Residential District

Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $352.31
City Real Estate Taxes – Approx. $228.44 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, head southeast on Grove Street.  Take 1st LEFT onto Cedar Street and travel for 0.1 mile.  Take the 2nd LEFT onto Hackberry Street and travel 0.3 mile.  Turn LEFT onto Pathkiller Trail, then take immediate RIGHT to stay on Hackberry Street and travel 0.1 mile.  Turn RIGHT onto River Bend Drive and travel 0.5 mile to property on RIGHT.

Property 4 - City Tax Report
Property 4 - County Tax Report


Property #5 - Absolute Auction

Potential Income-Producing Property
914 Rosedale Avenue, Loudon, TN

 

  • Approximately 924 s.f.
  • 2 Bedrooms – 1 Bathroom
  • Built in 1945
  • Previously Rented for $550/Month

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
High Density Residential District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $264.24
City Real Estate Taxes – Approx. $171.33 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, travel southwest on Mulberry Street and travel for 0.7 mile.  Turn LEFT onto Highland Avenue, then take 1st RIGHT onto Rosedale Avenue and travel 0.1 mile to property on RIGHT.

Property 5 - City Tax Report
Property 5 - County Tax Report


Property #6 - Absolute Auction

Potential Income-Producing Property
708 Steekee Street, Loudon, TN

 

  • Approximately 986 s.f.
  • 2 Bedrooms – 1 Bathroom
  • Built in 1946
  • 12’ x 6’ Covered Front Porch
  • Previously Rented for $550/Month

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
High Density Residential District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $195.99
City Real Estate Taxes – Approx. $127.08 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, head southeast on Grove Street for 0.2 mile.  Turn RIGHT onto Steekee Road and travel 0.3 mile to property on RIGHT.

Property 6 - City Tax Report
Property 6 - County Tax Report


Property #7 - Absolute Auction 

Potential Income-Producing Property
700 Poplar Street, Loudon, TN

 

  • 1.5 Story Home – Located in Downtown
  • Approximately 1,108 s.f.
  • 3 Bedrooms – 2 Bathroom
  • Built in 1917
  • Previously Rented for $600/Month

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
Central Business District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $289.23
City Real Estate Taxes – Approx. $187.54 

                        Taxes to be pro-rated at closing.

School Information:
Loudon Elementary School
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, head southeast on Grove Street.  Take the 1st LEFT onto Cedar Street, then take the 1st RIGHT onto Poplar Street to property on RIGHT.

Property 7 - City Tax Report
Property 7 - County Tax Report


P
roperty #8 - Absolute Auction

Wonderful Starter Home
3720 Corinth Church Road, Loudon, TN

 

  • Ranch-Style Home
  • Approximately 960 s.f.
  • 3 Bedrooms – 1 Bathroom
  • Built in 1980
  • Previously Rented for $475/Month

 

Utilities Available: Electricity / Water / Sewer / Gas
Zoning:
Rural Residential District
Estimated Real Estate Taxes:

County Real Estate Taxes – Approx. $257.89 

                        Taxes to be pro-rated at closing.

School Information:
Steekee Elementary School 
Ft. Loudoun Middle School
Loudon High School

Directions: In downtown Loudon, from the intersection of Mulberry Street & Grove Street, head southeast on Grove Street for 0.2 mile.  Turn RIGHT onto Steekee Road and travel 4.3 miles.  Turn RIGHT onto Corinth Church Road and travel 0.6 mile to property on LEFT.

Property 8 - County Tax Report

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) on sale day in the form of cash, certified check or wire, personal or company check, plus a real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON FRIDAY, NOVEMBER 18TH, 2011. NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed.

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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