Name | Two 3 BR 2 BA Homes on 4.35 +/- Acres w/ Shop |
---|---|
Auctioneer | Kennedy's Auction Service LLC |
Date(s) | 9/26/2020 |
SOLD - This Property has Sold Prior to Auction. | |
Preview Date/Time | Property is Shown by Appointment - Call 731-645-5001 or 731-610-3060 |
Checkout Date/Time | On or Before Tuesday, October 27, 2020 or 15 days after court approval, whichever is longer |
Location | 2660 Powell Chapel Road Middleton, TN 38052 |
Buyer Premium | 10% Buyer's Premium |
Description |
SOLD - THIS PROPERTY HAS SOLD PRIOR TO AUCTION
AUCTION
Ordered by Court Approved Conservatorship
Saturday, September 26 - 11:00 AM CST
2660 Powell Chapel Road, Middleton, TN 38052
Two 3 BR 2 BA Homes situated on 4.35 +/- acres w/ Shop
Shown by Appointment - Call 731-645-5001
Home 1 - 3 Bedroom 2 Bath 2,669 +/- Sq. Ft. Recently Remodeled Built in 1973 Brick Home w/ Paved Drive, Two Car Attached Garage, Detached Two Car Carport, & Detached Covered Patio w/ Small Utility Building. All appliances included.
Home 2 - 3 Bedroom 2 Bath 1,400 +/- Sq. Ft. Home Built in 2006 with Open Living & Kitchen Area, Full Front Porch & Covered Back Porch. All appliances included. This home would be perfect for a In-Law Suite.
30' X 54' Shop Building with Bathroom & 5 Garage Doors.
The property also includes two additional utility buildings & a shed.
Partial Terms & Conditions: A ten percent (10%) Buyer’s Premium will be added to the high bid to determine total sale price of property. The total deposit due from buyer is ten percent (10%) of the total sales price (high bid + 10% Buyer’s Premium) as non-refundable earnest money. Closing shall occur within 30 days or 15 days after court approval, whichever is longer. Lead-Based Paint Disclosure: The 10-day period for all lead-based paint inspections will occur prior to the Auction date. All bidders must sign a waiver of the 10-day post sale inspection period. All announcements made day of sale take precedence over any other announcements, internet, or printed advertisements. Real Estate is sold in “As Is Where Is” condition. Call 731-645-5001 to schedule an appointment to make inspection. This property is subject to sell prior to auction. Offers are accepted. Sale is subject to court approval.
Kennedy's Auction Service
731-645-5001
|
Currency | USD |
---|---|
Buyer Premium | 10% Buyer's Premium |
Payment Terms |
At the conclusion of the auction, the successful Live or Phone bidder will
be given, emailed or faxed a contract to be executed and returned. Successful bidders will deposit a non-refundable escrow amount of Ten Percent (10%) of the Contract Sales Price by wire transfer or certified check to the escrow agent, Kennedy’s Auction Service escrow account with the contract for sale within 24 hours of auction conclusion. The entirety of the remaining balance is due at closing on or before the contract closing date stipulated in the purchase agreement. This must be completed within 24 hours of receipt of the documents or the purchaser shall be in default.
Closing: Closing will occur on or before Tuesday, October 27, 2020, or within 15 days after court approval, whichever is longer. The seller shall convey the property by Special Warranty Deed. The seller shall pay for deed preparation, their share of prorated real estate taxes, and their own attorneys’ fees. Buyer is responsible for all other costs of closing and transfer. All real estate taxes for the year in which the property is sold shall be prorated as of the date of the closing, as is standard and common practice to the area in which the property is located. All leases due and payable, if any, shall be prorated to the date of the closing, as is standard and common practice to the area in which the property is located. All deposits of tenants shall be transferred to the buyer at closing, if applicable. Buyer acknowledges that this sale is not contingent upon post sale inspections or financing approval.
|