ONLINE ONLY REAL ESTATE IN GRAINGER COUNTY – Subject to Court Confirmation

REAL ESTATE AUCTION – Subject to Court Confirmation
SOLD: FEBRUARY 15, 2024 @7PM
Property Address: 1159 Morgan Rd, Rutledge, TN 37861

• Over 5 Acre Corner Tract
• Half Rolling Pasture, Half Wooded
• Includes Various Out Buildings
• Peaceful, Rural Setting
• Convenient to Knoxville

Court Confirmation is scheduled for February 20, 2024 at 9am. (Buyer does not need to attend.)

Click above for full terms. All Bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $50,000 bid, a 10% buyer’s premium of $5,000 will be added to arrive at the total purchase price of $55,000.

PAYMENT TERMS: The successful bidders will deposit 10% of the purchase price (including Buyers Premium) and is due SALE DAY immediately at the conclusion of auction in the form of Wire, cashier’s check, personal or company check, Mastercard, and Visa up to $1,500 and a 3.5% surcharge will apply only on credit cards, plus a real estate sales contract must be signed.

• Aerial Map
• Flood Map
• Plat of Record
• Property Report
• Sample Sale Day Contract
• Sample Special Warranty Deed
• School Information
• Taxes, Utilities, Zoning
• Tax Map
• Title Commitment (r1)

Grainger County $283.06
• Buyer is responsible for pro-rata share of current year property taxes
• Back taxes (if applicable) will be paid by seller

Property is located in Grainger County and there is no applicable zoning.

• • • Electric: Appalachian Electric Cooperative
    • Water: N/A (well would be required for water)
    • Sewer: N/A (septic system would be required for sewer)
    • Gas: N/A
      

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