REAL ESTATE AUCTION – Multi-Purpose Lakefront Property

October 25, 2018

12:00 pm

2833 Louisville Rd., Louisville, TN 37777

10:00am - 4:00pm

Thursday, October 18th, 2018

Auctions Information

REAL ESTATE AUCTION

Multi-Purpose Lakefront Property

2833 Louisville Rd., Louisville, TN 37777

AUCTION DATE/TIME: Thursday, October 25th at 12:00pm

INSPECTION DATE/TIMES: Thursday, October 18th from 10:00am – 4:00pm or by Appointment

BID LIVE & ON-LINE

 PROPERTY DETAILS:
  • Approx. 5,588 total Square Feet
  • Level, 1.8 Acre Lot Located on Fort Loudon Lake
  • Upper Level previously used as Veterinary Clinic
  • Lower Level utilized as Single Family Home
  • 4 Bedrooms, 2 Baths
  • Expansive Porch Overlooks Lake
  • Dock with Covered Boat Slip with Lift
  • Approx. 200 Feet Frontage on Louisville Road
  • Approx. 250 Feet Frontage on Ft. Loudon Lake
  • Year Round Natural Spring on Property
  • Large Open Upper Level Provides Great Flexibility for Commercial or Residential Use
  • Conveniently Located to Knoxville, Maryville and Airport
  • Located on one of the Largest Calm Water Coves (Lackey Creek) on Ft. Loudon Lake
  • Perfect For Large Families or Entertaining Large Groups

 TN License #62

PAYMENT TERMS


  • 10% Buyers Premium.  The successful bidders will deposit 10% of the purchase price (earnest money) and is due Sale Day 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.

UTILITIES


  • ElectricityCity of Alcoa
  • Water: South Blount Utility District
  • SewerN/A (Home is on Septic System)
  • Gas: N/A

ESTIMATED REAL ESTATE TAXES
  • Estimated County Taxes: $2,380.59
    • Current year taxes to be pro-rated at closing.
    • Back taxes (if applicable) will be paid by seller.

 ZONING
According to the Town of Louisville, the subject property is currently zoned as follows:
  • C-1 – Commercial (upper level, former veterinary clinic)
  • R-1 – Residential and Agricultural (lower level living quarters, remainder of property

SCHOOL INFORMATION
 
  • Elementary: Middlesettlements Elementary
  • Middle: Union Grove Middle
  • High: William Blount High

DIRECTIONS
From the intersection of I-140 (Pellissippi Parkway) and Topside Rd., Travel South on Topside Rd. (toward Louisville) approx. 2.9 miles to end.  Turn left onto Louisville Rd. and travel approx. 0.5 miles to property on right.  Look for signs.

Organizers

Contact Information

Rob Strickland or Chuck Fisher 865.546.3206

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