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.

Southeastern Title & Abstract 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. Closing to occur on or before July 21st, 2025.

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!

1860 Old Highway 95 � Lenoir City, TN 37771 ONLINE ONLY REAL ESTATE AUCTION STUNNING FULLY REMODELED PROPERTY BIDDING BEGINS TO CLOSE: Thursday, June 19th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, June 17th from 2:00-4:00PM (ET) PRIME LOCATION & VERSATILE PROPERTY Ideally situated just minutes from Lenoir City, I-75, and West Knoxville, this completely renovated 2,436� square foot residence sits on a spacious 1.53� acre lot. With its strategic location, this property offers tremendous flexibility for future use. The property is currently zoned residential, but was previously zoned residential & commercial (interested parties should consult with Loudon County regarding potential commercial rezoning options). THOUGHTFULLY REDESIGNED HOME Recently transformed with elegant modern finishes throughout, this home features 1,746� SF on the main level and 986� SF upstairs. The comprehensive renovation delivers sophisticated living spaces that blend functionality with contemporary style. SPECTACULAR OUTDOOR AMENITIES Enjoy the newly installed inground swimming pool, perfect for summer entertainment and relaxation. The property boasts exceptional vehicle accommodations with a brand-new massive detached 3-bay garage, an additional detached single-car garage, an attached carport, and a dedicated storage building�offering abundant space for vehicles, equipment, and storage needs. MAIN LEVEL HIGHLIGHTS Inviting living room Gourmet kitchen showcasing white shaker cabinets, premium quartz countertops, and new appliances Oversized pantry for excellent storage Open-concept dining area flowing seamlessly from the kitchen Spacious laundry room Luxurious master suite featuring: Expansive ensuite bathroom with gorgeous tile work Indulgent soaking tub Walk-in tiled shower Elegant dual-sink vanity Custom-organized adjoining closet space Access to covered porch Guest bedroom Guest bathroom with walk-in tiled shower UPPER LEVEL FEATURES Two additional bedrooms with beautiful hardwood flooring Additional guest bathroom with walk-in tiled shower Two versatile bonus rooms�perfect for home offices, hobby spaces, or additional storage ADDITIONAL FEATURES Unfinished basement offering storage options Four bedrooms and three full bathrooms throughout Thoughtful updates both inside and out Note: Billboard located on the property is not owned by the property owner and does not convey with the property. This exceptional property presents a rare opportunity to own a beautifully renovated home with substantial outdoor amenities in a convenient location. Loudon County Parcel / Tax ID: 015 215.00 Yearly Property Taxes: $839.06 � Loudon County only Lot Size: 1.53+/- acres Year Built: 1930 SALE CONDUCTED IN CONJUNCTION WITH RONNIE COLYER | COLYER AUCTION & REALTY | 423-506-0990