Auction Information
THIS AUCTION HAS ENDED.
Absolute Real Estate Auction
To Be Sold to the Highest Bidder without Minimum or Reservation
Approx. 20.77 Acres on Lake Loudon
Sub-Divided into Tracts
Rankin Ferry Loop, Louisville, TN
Auction Details:
- 20.77 Acres (comprised of 5 tax parcels)
- Clear and Level
- Unimproved
- Over 700’ Frontage on Lake Loudon
- Dockable Water (per TVA)
- Frontage on Rankin Ferry Loop
- Ideal for Residential Development or Lakefront Estate
- Located between Upscale Lakefront Communities of Jackson Bend & Lashbrook
- Convenient to Knoxville, Maryville and Airport
TERMS
10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due the day of sale 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.2% Broker Participation Available: Preregistration is required 24 hours in advance of Auction.
ZONING
R-1 - Residential & Agriculture (City of Louisville)
UTILITIES
- Electric: Alcoa Electric
- Water: South Blount Utility District
- Sewer: N/A
- Natural Gas: N/A
TAXES
Estimated Annual Real Estate Taxes:- Estimated Annual Blount County Real Estate Taxes: $8,732.77 (Total for 5 Parcels)
PROPERTY DOCUMENTS
- Rankins Loop.Aerial Image
- Rankins Loop.Flood Map
- Rankins Loop.Property Report 1
- Rankins Loop.Property Report 2
- Rankins Loop.Property Report 3
- Rankins Loop.Property Report 4
- Rankins Loop.Property Report 5
- Rankins Loop.Rankin Ferry Tax Map
- Rankins Loop.Recorded Plat (portion of land comprising 3 of 5 parcels)
- Rankins Loop.School Information
- Rankins Loop.Tax Information
- Rankins Loop.TVA Email Confirming Water Usage Rights
- Rankins Loop.Utility Information
- Rankins Loop.Zoning Information
SCHOOL INFORMATION
According to Blount County Schools, the subject property is zoned for the following schools:- Middlesettlements Elementary
- Eagleton Middle
- William Blount High