Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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. By bidding you are entering into a binding agreement.

M & M Title will be conducting 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 HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Sale is subject to Seller confirmation. Closing to occur on or before October 15th, 2024.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).

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 verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

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 or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. 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 deemed 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.

New Bidders, please Pre-Register, we will have to approve you to Bid!

150 Robinson Lane � Kingston, TN 37633 � Home with 45.38+/- acres offered in 5 tracts ONLINE ONLY REAL ESTATE AUCTION Selling on behalf of the Richard Robinson Estate Home with in-ground swimming pool, pond, barns and gorgeous land BIDDING BEGINS TO CLOSE: Friday, September 13th at 12:00PM � Noon (ET) OPEN HOUSE: Wednesday, September 11th from 2-4PM (ET) 45.38+/- acres � 2-story home with in-ground pool, pond, barns, and gorgeous acreage offered in 5 tracts and as a whole This gorgeous land is a combination of cleared and wooded land Conveniently located just off of New Midway Road and Kingston Highway Awesome buying opportunity for an incredible property TRACT 1 | 11.83+/- acres TRACT 2 | 14.34+/- acres with home, in-ground swimming pool, pond, and barns TRACT 3 | 7.22+/- acres with 325.78�+/- of road frontage on New Midway Road TRACT 4 | 6.36+/- acres with 53.59�+/- of road frontage on Kingston Highway TRACT 5 | 5.63+/- acres with old barn and 252.43�+/- of road frontage on Kingston Highway The home is currently serviced by utility water and utility water is available on New Midway Road and Kingston Highway through Watts Bar Utility District. The water tap/meter fee is $2,800. PLEASE NOTE: train cars & carport over the cars and the small detached storage building are being sold separately and do not convey with the property A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING ($8,500.00 IF PURCHASED AS A WHOLE) TRACTS TO BE OFFERED INDIVIDUALLY AND AS A WHOLE. IN ORDER FOR THE PROPERTY TO SELL AS A WHOLE, THE BID PRICE FOR THE PROPERTY AS A WHOLE MUST EXCEED THE TOTAL OF THE INDIVIDUAL TRACTS BY 5%. TRACT 1 | 11.83+/- acres 11.83+/- acres Undeveloped wooded land Portion of current Roane County Parcel/Tax ID: 070 086.00 A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 2 | 150 ROBINSON LANE � Home with in-ground swimming pool, pond, barns & 14.34+/- acres Home with in-ground swimming pool, pond, barns & 14.34+/- acres Gorgeous 2-story brick home with large unfinished basement Approx. 4313 total SF � 2409SF on the main level and 1904 SF upstairs � plus unfinished basement space 3 bedrooms (potential for 4th bedroom with upstairs bonus room) with 2 full bathrooms and 2 half bathrooms Enter the home from the peaceful covered front porch into the large entry foyer with hardwood floors Formal dining room with hardwood floors and chair railing Formal living room with built-in bookcase Oversized eat-in kitchen with island, quartz counters, breakfast bar, and french doors leading to the screened-in porch overlooking the in-ground swimming pool and backyard Great room with exposed wood beam cathedral ceiling, wood tongue & groove walls, gas fireplace, and french doors leading to the rear screened-in porch Large half bathroom on main level with 60" vanity Main level master suite with en-suite bathroom featuring a walk-in shower, jetted garden tub, and large vanity (2) large walk-in closets in the master suite Private den adjoining the master suite with gas log fireplace and laundry room Upstairs features a guest bathroom, (2) guest bedrooms � both with walk-in closets, and a bonus room (or use as an additional guest bedroom) with adjoining sewing room/office with built-ins Sold wood 6-panel doors throughout the home Basement with (2) garage doors and large unfinished space Partially finished bathroom in basement with walk-in shower and toilet Oversized attached 2-car carport outside of the garage doors at the basement The home is currently serviced by utility water Portion of current Roane County Parcel/Tax ID: 070 086.00 PLEASE NOTE: Existing gas line and septic drainfield lines are located on Tract 3 and will have an easement for such. PLEASE NOTE: train cars & carport over the cars and the small detached storage building are being sold separately and do not convey with the property A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 3 | 7.22+/- acres 7.22+/- acres 325.78�+/- of road frontage on New Midway Road Portion of current Roane County Parcel/Tax ID: 070 086.00 PLEASE NOTE: Existing gas line and septic drainfield lines servicing Tract 2 are located on Tract 3 and will have an easement for such. A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 4 |6.36+/- acres 6.36+/- acres 53.59�+/- of road frontage on Kingston Highway Portion of current Roane County Parcel/Tax ID: 070 086.00 A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 5 | 5.63+/- acres 5.63+/- acres Old barn on property 252.43�+/- of road frontage on Kingston Highway Portion of current Roane County Parcel/Tax ID: 070 086.00 A $1,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING SALE CONDUCTED IN CONJUNCTION WITH RONNIE COLYER AUCTION & REALTY | 423-506-0990 Powell Auction & Realty