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. Closing to occur on or before November 10th, 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!

11105 Thornton Drive � Knoxville, TN 37934 ONLINE ONLY REAL ESTATE AUCTION Farragut Basement Ranch on Double Lot BIDDING BEGINS TO CLOSE: Thursday, October 9th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, October 7th at 11:30AM (ET) Approximately 3,468 Total SF on 1.05+/- Acres Exceptional opportunity in desirable Farragut! This unique basement ranch home offers incredible potential, extensive garage facilities, and premium double lot setting. This is an outstanding opportunity for savvy buyers! Main Level Features (1,734+/- SF) Hardwood floors throughout the main level Large living room/dining room combination providing spacious entertaining area Kitchen with built-in pantry cabinet and space for breakfast table if desired Three bedrooms with flexible configuration � one could serve as formal dining room with built-in cabinet and sliding doors to expansive covered and open decks if desired Shared bathroom featuring large linen closet for storage Covered front porch adding welcoming curb appeal Gas central heat and air for efficient climate control Basement Level (1,734+/- SF) � Incredible Potential Double doors to driveway and door to backyard providing convenient ground-level access Large open space with laundry hookups for flexible use Full bathroom with walk-in tile shower Kitchenette with built-in cabinet for possible second kitchen capability Living room with fireplace and closet for cozy basement entertaining Workshop room with closet that could serve as additional bedroom Dedicated storage room for organization needs Exceptional Garage & Workshop Facilities Attached 2-car carport for convenient vehicle protection Detached 2-car garage featuring 9,000 lb hydraulic lift and mini split heat/air unit � perfect for serious automotive work Adjoining single car garage providing additional vehicle storage Air compressor plumbing in both basement and garages for professional-grade workshop capability Premium Property Features 1.05+/- acres on desirable double lot in Farragut Potential for Dual living levels perfect for multi-generational living, rental income, or live/work arrangements Extensive outdoor space for entertaining and relaxation Whether you�re seeking a unique family home, investment property, or automotive enthusiast�s dream, this Farragut location with exceptional workshop facilities and dual living potential represents an unparalleled opportunity. Knox County Parcel / Tax IDs: 143GA029 and 143GA030 Yearly Property Taxes: $782.05 � Knox County only Lot Size: 1.05 +/- acres (0.53+/- acre | 100 x 220 � 143GA029 and 0.52+/- acre | 100 x 220 � 143GA030) Year Built: 1960