ABSOLUTE AUCTION WITHOUT MINIMUM OR RESERVE – 2,214 sf Brick Rancher with Detached Shop

June 26, 2021

10:00 EST

Auction Information

ABSOLUTE AUCTION WITHOUT MINIMUM OR RESERVE

2,214 sf Brick Rancher with Detached Shop

615 College Street, Loudon, TN 37874


SATURDAY, JUNE 26th at 10:00AM

INSPECTION: Friday, June 25th from 10:00 am – 4:00 pm


PROPERTY DESCRIPTION
  • 3 Bedrooms
  • 2 Baths
  • Two Car Garage
  • Large, 0.86 Acre Corner Lot
  • Detached Workshop with Additional 0.20 Acres Included
  • Walking Distance to Historic Downtown Loudon
  • Minutes from Lenoir City and West Knoxville
  • Quiet, Mature Neighborhood Located in Loudon Historic District
  • Woodworking Equipment & Personal Property to be Auctioned Directly Following Real Estate

Samuel J. Furrow | TN PBL #26

PAYMENT 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.
UTILITIES AVAILABLE
  • Electricity: Loudon Utilities
  • Water: Loudon Utilities
  • Sewer: Loudon Utilities
  • Gas: Loudon Utilities
ZONING
  • R-2: High Density Residential District
  • H-1: Historic Overlay District
TAX INFORMATION
  • Loudon County: $1,042.42 (approx.)
  • City of Loudon: $714.81 (approx.)

*Buyer is responsible for pro-rated share of current year property taxes.*

*Any and All Back/Delinquent taxes will be paid by seller.*

DIRECTIONS
  • From I-75 at Sugar Limb Road (Exit 76), travel east on Sugar Limb Rd. approx. 2.3 miles. Turn right onto US-11 S and travel approx. 3.05 miles. Turn right onto West St. and travel approx. .10 miles. Turn left onto College St. and travel approx. .10 miles to property on left. Look for signs.

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