Auction of 4 Estate-Size Lots on Main Channel of Fort Loudon Lake

AUCTION LOCATION401 Plantation Way, Loudon County, TN

AUCTION DATESeptember 20, 2014

AUCTION TIME 10:30 am

TIME ZONEEastern

INSPECTION DATE

INSPECTION TIMECan be inspected at any time

CONTACTChuck Fisher, 865.546.3206

are you going to attend Auction of 4 Estate-Size Lots on Main Channel of Fort Loudon Lake ? No one is attending yet. Yes, I am
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Auction Information

Four Main Channel Lots in The Plantation

Lot 2

  • 1.25 Acres
  • 201.81 Feet Frontage on Ft. Loudon Lake

Lot 4R

  • 1.87 Acres
  • 182.16 Feet Frontage on Ft. Loudon Lake

Lot 5R

  • 2.31 Acres
  • 178.47 Feet Frontage on Ft. Loudon Lake

Lot 6

  • 2.30 Acres
  • 180.17 Feet Frontage on Ft. Loudon Lake

Dockable, Main Channel Location

Community Entrance Features French Wrought Iron Gates with an Italian Limestone Fountain, Gate House and Cobblestone Entryway

Approved for 5-6 Bedroom Homes

Private, Peaceful Community

Shoreline of All Lots Protected by Established Gabion Basket Seawall Design

Terms: 10% Buyer’s Premium – Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) on sale day in the form of cash, certified check or wire, personal or company check, plus a real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON FRIDAY, OCTOBER 10TH, 2014. NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT’S “AS IS, WHERE IS WITH ALL FAULTS” CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE.

**All square footage and acreage amounts are believed to be accurate but not guaranteed. All information was obtained from appraisals and local courthouse records.**

Estimated Real Estate Taxes:
Annual Loudon County Real Estate Taxes: Info to come

Buyer is responsible for pro-rated share of current year property taxes

Back/Delinquent Taxes will be paid by seller.

Zoning:
A-2: Rural Residential (Loudon County)

Utilities:
Electric – Lenoir City Utilities Board
Water – Martel Utility District
Sewer – Not Available (all lots have been approved for septic system)
Gas – Not Available

School Information:
Elementary: Highland Park
Middle: North Middle
High: Lenoir City

2% Broker Participation Available. Pre-registration is required.

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