Name: 5640 East Sugar Hollow Road ( Estate of Joe Frank & Peggy Haun)
Auctioneer: United Country Clinch Mountain Realty and Auction
Auction Type: Live & Online Auction (Simultaneous)
Dates: 06/25/2024 Pre Bidding set to Live Auction starts 07/13/2024 at 10:30 AM EST
Preview Dates 06/25/2024-07/13/2024
Closing Date: The Winning Bidder will receive an email from Joey Haun with all information and immediately sign the contract, or if you are present on the day of the auction, you will be required to sign prior to leaving the sale site.
Sale Site: 5640 East Sugar Hollow Road
Russellville, Tennessee 37860
Buyer's Premium: 10% and 1% Internet Fee added to Bid Price
Property Details
Map & Parcel Number: 027 017.01
Property Address: 5636 & 5640 East Sugar Hollow Road
Russellville, TN 37860
County: Hamblen
State: Tennessee
Lot Size: 29.86 Acres
Zoning: Agriculture
Title:
Property Overview:
Join us for an exceptional estate auction of the late Joe Frank and Peggy Haun, who built and cherished this property since 1976. Located in the picturesque Russellville community of East Hamblen County, Tennessee, this property offers a unique blend of history, charm, and potential.
Preview Date:
July 7, 2024, from 2:00 PM to 4:00 PM EST
Main House:
Full brick rancher with a full basement
Heated area: 1,947 square feet
3 bedrooms, 2 full baths
Attached garage
Built in 1976
Property Details:
Situated on 29.86 surveyed acres
Zoned agriculture, unrestricted
87% pasture and grassland, 10% wooded
Includes a barn, spring, and pond
Second House:
400 square feet
1 bedroom, 1 bath
Utilities:
Shared well, public water available
Both houses are connected to cabinet internet service
Special Notes:
Both houses need some updating
Property will be offered in tracts, small groupings, and as a whole
Auctioneer Information:
United Country Clinch Mountain Realty and Auction
Office: 865-993-5263
Contacts: Lisa McBride (423-748-1081) or Joey Haun (423-748-7181)
Website: www.ucclinchmountainrealty.com
Auction Timeline:
Real Estate: Selling first
Furniture & Antiques: Live and online bidding
Box Lots: Live bidding only
Featured Antiques and Furniture:
Pie safes
Hoosier cabinets
Cast iron items
Brass kettle
Lard press
Various tables and chairs
Bedroom suites
Beveled glass cabinets
Drexel lanterns
Milk cans
…and many more unique and valuable items.
Why Attend?
This auction presents a rare opportunity to acquire a piece of Russellville history. The extensive property, with its prime location and diverse features, is ideal for agricultural use, residential purposes, or investment. The variety of furniture and antiques also offers something for collectors and enthusiasts.
We encourage you to attend this auction to fully appreciate the value and potential of the property and items available. Whether you're looking for a new home, land, or unique antiques, this auction has something for everyone. Don't miss out on this chance to own a piece of the Haun legacy.
Mark your calendars for July 13, 2024, at 10:30 AM EST. We look forward to seeing you there!
Location: Latitude 36.239309, Latitude -83.196105
Driving Directions: GPS Friendly
5640 & 5636 East Sugar Hollow Road Russellville, Tennessee 37860
Homeowner Association Fee 0.00
2023 Yearly Property Taxes are 1,013.07,
Rollback taxes to be paid by the Estate
The buyers will be signing a Lead Based Paint waiver the day of auction, the houses were built prior to 1978.
This property is being sold according to the Survey completed by Culbertson Surveying. This property is being offered in tracts and small groupings and then will be offered as a whole.
A 5% grouping fee will be added to the tract's high bids.
The highest bids will add 10% Buyer's Premium and 1% internet fee.
Lakeway Title Service will be handling the closing.
FL# 5167
TERMS & CONDITIONS
Buyers Premium: 10% and a 1% internet fee( online bidder purchases) will be added to the bid price. If you are at the sale site, then 10% will be added to the high bid.
Payment Options: Cashiers Check or Wire Transfer Payment Instructions: United Country Clinch Mountain Realty & Auction LLC Bidders Agreement:
I (Buyer) agree to enter into a contract if declared high bidder by the auctioneer at 5640 East Sugar Hollow Road, Russellville, Tennessee 37860 in Hamblen County, TN, an Internet and Live Auction.
I agree that I have read and fully understand the Terms and Conditions of this auction. Terms & Conditions 1) Auction – Internet Bidding will run simultaneously through the end of the auction on July 13th, 2024, at 10:30 AM EST. All Internet Bids will carry over to live auction and Auction Company Advise the bidder to contact the Auction Company if you desire to be on the phone with a Representative of the Auction Staff.
2) Buyer’s Premium – 10% and 1% internet fee (if online bidder) will be added to the final bid price to arrive at the contract sale price.
3) The winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder, if the bidder is an internet bidder, will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country Clinch Mountain Realty & Auction on or before 12:00 NOON, Tuesday, July 16 ,2024, hand-delivered, faxed, or scanned and emailed). This is an absolute auction of the estate of Joe Frank & Peggy Haun
4) 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.
5) Closing shall be on or before 5:00 p.m., Wednesday, August 13, 2024, unless prior arrangements have been made. Lakeway Title Service will be handling the closings.
6) Possession will be given at closing, subject to the remaining rights of the current tenant, if any.
7) Seller shall pay 2023 and all prior year real estate taxes. The 2024 real estate taxes will be prorated to the day of closing.
8) Under no circumstances shall Bidder have any kind of claim against United Country Clinch Mountain Realty & Auction or its agents if the Internet service fails to work correctly before or during the auction.
9) The information is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, etc., are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.
10) In the event that any legal matter occurs or necessary arbitrations or court cases arise, these matters will be handled in the county and state that the property is located in, which is Hamblen County, Tennessee.
11) In the event that the winning bidder fails to close, their earnest money is forfeited, and the winning bidder is responsible for remarketing cost and liable for making the seller whole if the property brings less the second time selling.
12) All rollback taxes will be paid by the estate of Joe Frank & Peggy Haun (Sellers).
13) Houses were built prior to 1978 and the Buyers will be required to sign a Lead Based Paint Disclosure the day of the auction.
14) All personal property is to be paid in full before removal from the property. All online buyers will be responsible for having packers and shippers at the Buyers expense. Make arrangements before bidding on personal property.
Currency Type: US Cash, Cashier Check or Wire Transfer
Preview Date & Times: 6/25/2024-07/13/2024 Call your agent or contact the auction company for preview dates & times.
Location: Latitude 36.239309, Latitude -83.196105
Driving Directions: 5640 East Sugar Hollow Road, Russellville, Tennessee, is GPS Friendly
Sale Site: 5640 East Sugar Hollow Road Russellville, Tennessee 37860 Hamblen County, Tennessee
Yearly Property Taxes: 1,013.07
This property is being sold according to the Survey completed by Culbertson Surveying. This property is being offered in tracts and small groupings and then will be offered as a whole.
FL# 5167
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