ABSOLUTE
ONLINE AUCTION
WALTER HENLEY THOMPSON ESTATE
2726 W. OLD TOPSIDE ROAD
LOUISVILLE, TN 37777
Bidding Opens Tuesday, January 20th 10:00AM
Starts Ending Tuesday, January 27th @ 2:00PM
8.25 acres, 2 brick homes, million-dollar views!
We have been commissioned to sell at Auction the estate of Walter Henley Thompson. 8.25 beautiful acres and two brick homes with breathtaking views of the Smoky Mountains and of Knoxville! Wildlife is abundant on and around this property. If you've been looking for acreage with two homes with plenty of space, then don't let this opportunity pass you up!
Home 1 is a traditional brick 3-bedroom, 2-bath ranch-style home, carpet floors, central heating and air, two-car garage, and would make a good in-law or family member quarters; or a good rental home for extra income!
Home 2 is very practical and functional with a large room for entertaining while taking in the magnificent views with the windows facing the mountains. It has a bedroom, bathroom, and a kitchen on the main floor and bedrooms, bathroom, and kitchenette on the upper level, and a doorway to the huge wooden deck that wraps around part of the house. This home has hardwood floors throughout.
Other items to include: Massey Ferguson 245 tractor, Cub Cadet Heavy-Duty 2542 riding lawnmower, diesel fuel tank w/ electric pump, KingKutter rotary cutter, KingKutter finish mower, and more!
Special Terms - Please Read! Real Estate: 10% Buyer's Premium added to final bid price. Property sold AS-IS. 10% deposit required at sale's conclusion. Closing within 60 days or less. Crown Castle Cell Tower Company has first right of refusal on the property. This means the total purchase price (including Buyer's Premium) will be presented to the cell tower company immediately after the sale. The Company will have 30 days to respond. If Crown Castle Cell Tower Company isn't interested in purchasing the property, then the top bidder will perform by purchasing the property at the top bid price including the Buyer's Premium. **Please note that pursuant to Paragraph 10 of the Easement agreement, Crown Castle will continue to have "First Right of Refusal" for any future conveyances of the real property or any real property of which the Property is a part.** Homes built prior to 1978 may contain lead-based paint. There is extended bidding on the real estate. For instance, if the property gets a bid at 1:59PM on the day of closing, the new closing time will be 2:04pm. Bidding will extend 5 minutes if there is a bid within the last 5 minutes of the auction. Once all bidding is exhausted and no more bids are received, then the time will tick down and the auction will close. This closely mimics a live sale. If you don't understand the terms of the auction, call us at 865-681-7797 and we can explain them to you. If you don't agree with the terms or don't trust the system, THEN DON'T BID! It's that simple. Items not picked up from the auction and remain at the residence at closing become possession of the new homeowner. Thank you, and Happy Bidding!!
Personal Property: 15% Buyer's Premium added to each successful bid. Everything sold AS-IS. No refunds, no exceptions. NO CHECKS ACCEPTED UNLESS YOU ARE KNOWN BY US, and only from a local bank. You will need to let us know in advance if you are planning on paying by check. Cash is always accepted, but buyer must let us know before 5:00pm the date of the auction if paying with cash. Payment must be made by credit card on file that was used to register for the auction. Payment must be made in full BEFORE items are removed from premises. There is an auto-extend feature on this auction. Bidding will extend 5 minutes if there is a bid within the last 5 minutes of the auction. Once all bidding is exhausted and no more bids are received, then the time will tick down and the auction will close. This closely mimics a live sale. There is also a staggered closing on personal property items. If you don't understand the terms of the auction, call us at 865-681-7797 and we can explain them to you. If you don't agree with the terms or don't trust the system, THEN DON'T BID! It's that simple. Items not picked up from the auction that remain at the residence at closing become possession and responsibility of the new homeowner. Thank you, and Happy Bidding!!
TN Auction license 4498.