Nestled in the serene Russellville community of East Hamblen County, this charming one-owner brick rancher offers a perfect blend of rustic charm and modern convenience. Built in 1976, this home boasts 1,947 square feet of heated living space, providing ample room for comfortable living and entertaining. The property sits on 2.30 unrestricted surveyed acres, offering plenty of space for outdoor activities and future expansions.

The home features three spacious bedrooms and two full bathrooms, ideal for a growing family or those who enjoy having extra space for guests. The full basement provides additional storage or potential for a recreational area, while the attached garage ensures convenience and protection for your vehicles.

Nature lovers will appreciate the picturesque surroundings, including a barn, a spring, and a pond, perfect for peaceful walks or hobby farming. The property also includes a smokehouse, ideal for those who enjoy traditional food preservation methods. With a shared well and public water, you'll have reliable water sources to meet your needs.

For those requiring high-speed internet, a fibernet is installed, ensuring you stay connected for work or leisure. Despite its rural charm, this property offers a short commute to Morristown and easy access to Interstate 81, making commuting or weekend getaways convenient.

While the house retains its original character, it does need some updates. This offers a fantastic opportunity to customize and modernize it to your taste. This property is perfect for those looking to escape the hustle and bustle of city life while still enjoying modern amenities and conveniences.

Take advantage of this unique opportunity to own a piece of East Tennessee's beautiful countryside. Contact us today to schedule a viewing and experience the potential of this delightful home firsthand. Your dream home awaits in the tranquil setting of Russellville.

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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