SOLD – Absolute Auction – Former Daycare Center Building

AUCTION LOCATION2525 Merchants Drive, Knoxville, TN 37912

AUCTION DATEMarch 27, 2015

AUCTION TIME 12:00 pm

TIME ZONEEastern

INSPECTION DATE

INSPECTION TIMEAvailable any time for drive-by inspection

CONTACTRob Strickland 865.546.3206

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Auction Information

THIS AUCTION HAS ENDED.

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To Be Sold To The Highest Bidder Without Minimum or Reservation.

Estate of James E. Geiger

  • Corner Location
  • Less than 1 mile SW of Clinton Highway
  • Near Norwood Elementary & Across from Norwood Baptist Church
  • Approx. 3,872 sq. ft.
  • Situated on 0.88 Acre Corner Lot
  • Built in 2007

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. A real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS OF SALE. NO EXTENSIONS. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT’S “AS IS, WHERE IS WITH ALL FAULTS” CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. **All square footage and acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

  • Approx. Annual Knoxville City Taxes - $4,364.39
  • Approx. Annual Knox County Taxes - $3,714.78
  • Total Annual Real Estate Taxes - $8,079.17
  • Taxes to be pro-rated at closing

Zoning: R-1 Low Density Residential District

  • Electric
  • Water
  • Sewer
  • Natural Gas

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