Tract 7 Highway 92, Rutledge, TN 37861

$49,500
Property Type: Lots & Acreage Lot Size (sq. ft.): 317,988 Status: Closed
Current Price: $49,500 List Date: 5/14/2024 Last Modified: 7/09/2024

Overview

Description

REAL ESTATE AUCTION | BID LIVE OR ONLINE SATURDAY, JUNE 8TH AT 10:00AM (ET) | OPEN HOUSE: THURSDAY, JUNE 6TH FROM 12PM-4PM (ET) | TRACT 7 OF 18 - 7.30+/- acres of a total of 229.73+/- acres offered in tracts, groupings, and as a whole - ***PLEASE NOTE: Grouping will only be offered at the live auction, so online bidders may get grouped out - Be present at the live auction to ensure your bid is protected.*** Tracts ranging from 5+/- to 26+/- acres. Tracts 1-9 access from Highway 92. Tracts 10-18 access from Buffalo Springs Road. Beautiful pastureland with gorgeous picturesque lake and mountain views. Tracts 2, 9, 10 & 16 have higher elevation and great views. Ideal property to continue as a large farm or purchase in smaller tracts for a private estate, homestead or gentleman's farm. Originally part of the T. Ralph Combs dairy farm. Property being sold is comprised of a portion of current Grainger County Parcel/Tax ID: 075 074.00. Property to be lightly restricted to a minimum of 1300 SF - modular, double-wide or stick built home. To be new at installment and installed per requirements of the State of Tennessee and/or any zoning regulations enforced by Grainger County. PLEASE NOTE: A SURVEY ORIGINATION FEE OF $1,350.00 PER TRACT WILL BE ADDED TO THE SALES CONTRACT PRICE AND TO BE PAID AT CLOSING BY THE BUYER. Kenny Phillips, Auctioneer | TN Lic #2385

Listing Details MLS# 1262814

Location Tax Legal Info

House #
Tract 7
Street Name
Highway 92
State/Province
TN
Zip Code
37861
PIN #
075 074.00

Contract Info

Auction Y/N
Yes

General Property Description

Lot Dimensions
7.30+/- acres
Acres
7.3
Acre Source
Survey
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2024-07-09
Under Contract Date
2024-06-08
Sold Date
2024-07-08

Auction

Bidder Must Qualify
Yes
Buyers Premium
Yes
Buyers Premium %
10
Remote Bidding
No
Real Estate Only
Yes
RE & Personal Prop
No
Auction Date
2024-06-08
Auction Location
3178 Highway 92
Auction Time
10:00AM (ET)
Open for Inspection Date
2024-06-06

Location, Tax & Legal Info

Area
Grainger County - 45
City/County Code
County
Total Tax
0

More Information

Remarks & Misc

Directions
From Rutledge, take Hwy 92 toward Jefferson City. The property will be on the right. For the frontage on Buffalo Springs Road, continue on Hwy 92 to right on Buffalo Springs Road. The property will be on the right.
Public Remarks
REAL ESTATE AUCTION | BID LIVE OR ONLINE SATURDAY, JUNE 8TH AT 10:00AM (ET) | OPEN HOUSE: THURSDAY, JUNE 6TH FROM 12PM-4PM (ET) | TRACT 7 OF 18 - 7.30+/- acres of a total of 229.73+/- acres offered in tracts, groupings, and as a whole - ***PLEASE NOTE: Grouping will only be offered at the live auction, so online bidders may get grouped out - Be present at the live auction to ensure your bid is protected.*** Tracts ranging from 5+/- to 26+/- acres. Tracts 1-9 access from Highway 92. Tracts 10-18 access from Buffalo Springs Road. Beautiful pastureland with gorgeous picturesque lake and mountain views. Tracts 2, 9, 10 & 16 have higher elevation and great views. Ideal property to continue as a large farm or purchase in smaller tracts for a private estate, homestead or gentleman's farm. Originally part of the T. Ralph Combs dairy farm. Property being sold is comprised of a portion of current Grainger County Parcel/Tax ID: 075 074.00. Property to be lightly restricted to a minimum of 1300 SF - modular, double-wide or stick built home. To be new at installment and installed per requirements of the State of Tennessee and/or any zoning regulations enforced by Grainger County. PLEASE NOTE: A SURVEY ORIGINATION FEE OF $1,350.00 PER TRACT WILL BE ADDED TO THE SALES CONTRACT PRICE AND TO BE PAID AT CLOSING BY THE BUYER. Kenny Phillips, Auctioneer | TN Lic #2385

Property Sub-Type

Farm
Yes
Recreational
Yes
Rural
Yes
Single Family
Yes

Topography

Cleared
Yes
Level
Yes
Partially Cleared
Yes
Rolling
Yes

Road Access

Public Road
Yes

Road Frontage

County
Yes
Paved
Yes

Sale Options

Fee Simple
Yes

Improvements

None
Yes

Lot Description

Irregular Lot
Yes
Level
Yes
Private
Yes
Rolling Slope
Yes
Will Divide
Yes

Easements

Power Line/TVA
Yes

View

Country Setting
Yes

Documents on File

Survey
Yes

Developmnt Potential

Farm
Yes
Recreational
Yes
Single Family
Yes

Utilities Available

Electricity
Yes

Zoning

Zoned Agricultural
Yes

Present Structures

None
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Farm; Recreational; Rural; Single Family Topography: Cleared; Level; Partially Cleared; Rolling Road Frontage: County; Paved Road Access: Public Road Sale Options: Fee Simple Improvements: None Easements: Power Line/TVA Lot Description: Irregular Lot; Level; Private; Rolling Slope; Will Divide View: Country Setting Documents on File: Survey Developmnt Potential: Farm; Recreational; Single Family Utilities Available: Electricity Zoning: Zoned Agricultural Present Structures: None New Financing: Cash; Conventional Showing Instructions: See Agent Instructns

Documents

Listing Office: Powell Auction & Realty,LLC
IDX
Office Phone: 865-938-3403
Last Updated: July - 09 - 2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.