Powell Auction & Realty LLC 865-938-3403

TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales price. US currency cash or approved check.
The balance is to be paid in full at the deed closing within 30 days.
Reliance Title of Tennessee, Sharon Kennedy will conduct the closing.
Current taxes will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for transfer fees, membership fees, if applicable.
Customary title closing cost to be split between buyer & seller, unless otherwise specified.
Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneers) and employee(s) are representing the sellers) as the sellers Agent(s). OPEN HOUSE IS MARCH 22ND FROM 2:00 - 4:00
All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf.
All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verity ALL information, to their satisfaction before bidding.
Property with homes - Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts March 1st, 2021. IF applicable.
Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time. Terms are subject to change. All announcements made at the auction take precedence over all other advertising and or any type and kind of material.
4480 River Road, Decatur, TN will have $1,000 per tract for Survey
ONLINE Auction Terms:
Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale.
If you do not agree with any of the terms and conditions stated, DO NOT BID.
You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and any item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC.
Winning bidder will receive a contract from tlna@powellauction.com with instructions,
All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS'', without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf All information is deeded reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
Auctioneer may request proof of funds from your lender or bank, before approving bidders.
Proof of funds can be entailed to:
kenny@powellauction.com
Fax 865-947-5668 Office 865-938-3403
Auction company recommends placing your max bid & let the computer bid for you.
Tie bids wll go to LIVE Bidders.
Auctioneer is not responsible for failed connections, slow service or failure of bids to be received for any reason.
Online bidding is a service! Onsite bidding is recommended!!
To ensure your bid will be received, come to the LIVE Auction, onsite at 4480 River Road, Decatur, TN 37322
New Bidders please Pre-Register, we will have to approve you to Bid!
Must give Auctioneer proof of fund to be approved for online bidding.
Do not wait will need copy of proof of funds from your lender or bank!!

PLEASE NOTE TIME CHANGE ... DUE TO WEATHER...AUCTION CONDUCTED AT THE DECATUR FAIRGROUNDS PARKING AT 586 N MAIN STREET, DECATUR William Lankford Estate Auction 5 Properties Meigs County March 27 10:30 am All properties selling from one location 4480 River Road Decatur Tn Property 1 4480 River Road Decatur Tennessee 37322 53.3 Acres selling in tracts or as whole Tracts 2-6 Have frontage on Sewee creek Parcel Id 027 012 Home 2 Bed Room , 1 Bath , living room and Kitchen, out building Direction : From Hwy 68 North of Watts Bar Dam take Hwy 304 toward Decatur Tennessee 4.8 miles auction on left. from Decatur , take highway 304 North 4.6 miles auction on right. Farm Equipment and personal property sold from this location Property 2 281 Moss Boat Dock Lane Decatur Tennessee 37322 Parcel Id 027FB017.00 One Acres lot with a camper under shed Electric Meter Directions: From hwy 68 North of Watts Bar Dam take Hwy 304 toward Decatur Tn 3.7 Miles take Moss Boat Dock Lane property on Left From Decatur take hwy 304 toward Decatur Tennessee 5.7 Miles , take Moss Boat Dock Lane to property on left Property 3 4104 River Road Decatur Tennessee Brick Ranch House on 7.9 acres selling one tract Parcel Id 032 006.03 2 Bed Room, 1 Bath, living Room , Kitchen , utility room, partial basement Directions: from Hwy 68 North of Watts Bar Dam take Hwy 304 toward Decatur Tennessee 5.2 miles, property on left. from Decatur Tennessee take Hwy 304 North 4.1 miles, auction on right Property 4 23243 State Highway 58 N Decatur Tennessee House on 1 acres Lot plus additional vacant lot 1.28 acre lot selling together total 2.28 Acre Parcel Id 028 018.00 , 028 019.00 Ranch Home, 2 bed rooms, living room, living room, 1 bath, extra room up stairs Directions: Hwy 58 & Hwy 68 junction, take Hwy 58 south toward Decatur Tennessee 3.7 miles property on right. From Decatur Tennessee take Hwy 58 North 6 miles property on left Property 5 1800 Sam Davis Road Decatur Tennessee 37322 9.5 Acre Mobile home park Currently has 5 spots with electric and water is available to property Sale includes a camper and 2 mobile homes in need of repair 2 spots rents for 125.00 a month Parcel Id 039 015.00 3.45 acres 039 015.01 6.13 acres Directions: From Hwy 58 North of Decatur Tennessee take Centerpoint Road 1.1 miles , turn right on Ward Road go 2.6 miles turn left on North Nopone Valley Road go .4 turn right on Sam Davis Road go 1.8 miles property on right. Auction Conducted in conjunction with Ronnie Colyer Auction & Realty 1-423-506-0990 Terms and condition will be attached under important information at bottom of page All Properties selling from one location 4480 River Road Decatur Tn