ONLINE ONLY REAL ESTATE AUCTION SUBJECT TO COURT CONFIRMATION: All-Brick Rancher Home in Morristown, TN

REAL ESTATE AUCTION SUBJECT TO COURT CONFIRMATION: All-Brick Rancher Home in Morristown, TN

LOCATION
📍1111 Spout Springs Rd, Morristown, TN 37814

📅 AUCTION DATES
Bidding Opens: June 25
Starts to Close: July 9 @7pm

🔍 OPEN HOUSE
July 2 @10am-3pm

💰 PAYMENT DETAILS
10% Buyer’s Premium

ABOUT THIS PROPERTY

This charming all-brick basement rancher offers endless potential on a spacious 0.83± acre lot! Featuring 3 bedrooms and 1 bath, this home combines classic character with investment opportunity. The unfinished basement provides additional storage or workspace possibilities, while the large lot offers plenty of room for gardening, recreation, or future improvements. Outside, you’ll find a vintage pole barn and storage shed perfect for equipment, hobbies, or extra storage. Conveniently located with room to grow, this property is ideal for investors, first-time buyers, or anyone looking for country charm with practical amenities. Don’t miss this unique opportunity!

Pre-auction offers considered. Contact Chuck Fisher at (865) 310-3204.

PROPERTY DOCUMENTS

ONLINE BIDDING
Plan to create your account and/or sign in to hibid.com well before the auction start time to ensure your bidding access. To avoid any internet lags, we suggest you place your maximum bid and allow the computer to bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.

🔗 REGISTERING TO BID
🔗 BUYING REAL ESTATE AT AUCTION

Furrow Auction Company has been granted authority to conduct this auction on behalf of East Tennessee Human Resource Agency. Sale is subject to final court approval.

UTILITY PROVIDERS
Electric: Appalachian Electric Coop
Water: Morristown Utilities
Sewer: N/A (home on septic)
Gas: N/A

REAL ESTATE TAXES
Hamblen County: $163.51 annually

ZONING
A-1: Agricultural Zone

SCHOOLS
West Elementary
Lincoln Heights Middle
Morristown-Hamblen High

All Bidders and other persons participating in this sale agree that they have read and have full knowledge of the auction terms and conditions and agree to be bound thereby.

The winning bidder will deposit 10% of the purchase price (including Buyers Premium) DUE SALE DAY immediately at the conclusion of auction in the form of Wire, 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 30 DAYS OF COURT CONFIRMATION DATE, NO EXTENSIONS.