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.

Maryville 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. Closing to occur on or before October 27th, 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!

2 Homes & Multiple Outbuildings | 5506 & 5508 Old Walland Highway � Walland, TN 37886 ONLINE ONLY REAL ESTATE AUCTION Selling on behalf of the Ronnie Jones Estate BIDDING BEGINS TO CLOSE: Thursday, September 25th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, September 23rd from 2:00-4:00PM (ET) Exceptional Walland Estate � 3.216+/- Acres offered as Two Tracts featuring Two Homes & Extensive Outbuildings in Prime Blount County Location Discover this remarkable multi-property opportunity in the desirable Walland community of Blount County, perfectly positioned for both investment potential and mountain living. This exceptional estate offers incredible versatility with dual residences, extensive storage facilities, and unparalleled access to East Tennessee�s most coveted destinations. Property Overview 3.216+/- total acres offered in two separate tracts for maximum flexibility Two homes providing immediate rental income or multi-generational living Large detached garage for vehicle storage and workshop needs Multiple storage buildings and barn offering extensive space for equipment, hobbies, or agricultural use Premier Location Advantages Situated in the heart of the Walland community, this property provides extraordinary access to the region�s finest attractions and amenities. Located minutes from Townsend, known as the �Peaceful Side of the Smokies,� and the world-renowned resort communities of Blackberry Farm and Blackberry Mountain. The strategic location offers quick access to Maryville, the scenic Foothills Parkway, and the Great Smoky Mountains National Park, while popular destinations like Pigeon Forge and Gatlinburg are easily accessible. Despite the serene mountain setting, modern convenience remains paramount with McGhee-Tyson Airport less than 20 minutes away, making this an ideal retreat for those who travel frequently or an attractive vacation rental opportunity for visitors to the Smoky Mountains region. Investment Potential Whether you�re seeking a primary residence with rental income, a vacation property with multiple accommodation options, or a strategic investment in one of Tennessee�s most desirable mountain communities, this unique offering provides exceptional value and endless possibilities in the desirable Walland area. Current Blount County Parcel/Tax ID: 072G C 019.00 Total Lot Size: 3.216+/- acres PLEASE NOTE: A survey origination fee of $3,000.00 per tract will be included in the Sales Contract and paid at closing by the Buyer. 5506 Old Walland Highway Two-Story Approx. 1872 SF Home with Pool and Extensive Outbuildings on 2.019+/- acres Unique Property with Multiple Structures and Swimming Pool Expansive two-story home with 3 bedrooms and 2 bathrooms featuring a charming covered full-length front porch that extends around one side of the house, creating exceptional outdoor living space. The property includes an in-ground swimming pool and numerous outbuildings, offering tremendous potential for those seeking space and versatility. Main Level (936+/- SF) Features Kitchen with island and oak cabinets providing ample workspace and storage Adjoining breakfast room with built-in cabinets for convenient dining Den with dual entrances from both breakfast room and dining room for flexible flow Formal dining room perfect for entertaining Full bathroom with walk-in shower for main level convenience Large living room showcasing gorgeous stone fireplace and hearth with wood-burning insert Large storage closet for organization needs Upper Level (936+/- SF) Accommodations Upstairs featuring the master bedroom with large walk-in closet and shared bathroom accessible from both the master bedroom and hallway with space for a 7-foot vanity. Guest bedroom includes walk-in closet plus an additional closet for ample storage. Third bedroom completes the upper level (note: this bedroom does not have a closet). Lower Level (936+/- SF) Potential Unfinished basement featuring the laundry area, rec room with stone fireplace and wood-burning insert, existing bedroom, and areas framed for additional rooms. Note: Basement shows evidence of past water damage/intrusion. Previous water damage from upstairs toilet leak and chimney flashing has been repaired. Extensive Outbuilding Complex Oversized detached workshop/garage with four rollup doors, dual workshop areas, central heat, and wood-burning stove Detached pavilion for outdoor entertaining Three detached storage buildings providing abundant storage options Block barn with attached equipment sheds ideal for agricultural or hobby use Detached metal 2-car carport for additional vehicle protection Swimming Pool & Recreation Property includes an in-ground vinyl liner swimming pool (functionality unknown and to be verified by buyer). Important Access Information The property was recently surveyed and subdivided into two lots. The existing driveway for 5506 was deemed unusable by Blount County and has been closed. Buyer will be responsible for installing a new driveway utilizing the 25-foot joint permanent easement located on adjacent lot 5508. Investment Opportunity This unique property offers exceptional potential for buyers seeking extensive workshop space, agricultural possibilities, or those willing to address access improvements and pool restoration. The combination of substantial living space, multiple outbuildings, and recreational amenities creates opportunities for various lifestyles and uses. Year Built: 1979 Lot Size: 2.019+/- acres PLEASE NOTE: A survey origination fee of $3,000.00 per tract will be included in the Sales Contract and paid at closing by the Buyer. 5508 Old Walland Highway Comfortable Ranch Home with Exceptional Garage Space Approximately 1,204 SF Single Level Living with Oversized 2-Car Attached Garage Well-designed ranch style home offering convenient single level living with exceptional vehicle storage and workspace. This thoughtfully laid out property provides comfortable accommodations plus practical features that enhance daily living and storage needs. Main Living Areas Living room with adjoining dining area creating open, flowing space for daily activities French doors from dining area leading to rear deck for indoor-outdoor entertaining Kitchen with oak cabinets providing classic storage and workspace Large coat/storage closet for organization and convenience Covered front porch adding welcoming curb appeal Heating & Comfort Central heat and air throughout the home Dyna-Glo propane wall heater providing supplemental heating options Bedroom Accommodations Master bedroom with private en-suite bathroom featuring walk-in shower Guest bedroom for family or visitors Flexible third room serving as smaller guest bedroom or office space with convenient laundry hookups Guest bathroom for household convenience Storage & Parking Solutions Oversized 2-car attached garage providing substantial storage beyond typical garage space Detached 2-car metal carport for additional vehicle protection Two separate driveways offering flexible access and parking arrangements Important Access Information A 25-foot joint permanent easement is located on this property to allow the property located at 5508 Old Walland Highway to install a new driveway for access. Lifestyle Benefits This practical ranch home combines comfortable living with exceptional storage and parking capacity, making it ideal for those with multiple vehicles, workshop needs, or simply those who value abundant storage space. The single level design ensures accessibility while the multiple outbuildings provide endless possibilities for hobbies, storage, or potential rental income. Year Built: 2003 Lot Size: 1.197+/- acres PLEASE NOTE: A survey origination fee of $3,000.00 per tract will be included in the Sales Contract and paid at closing by the Buyer.