Name COURT ORDERED BANKRUPTCY REAL ESTATE OVER 90 ACRES
Auctioneer Powell Auction & Realty, LLC
Type Live Webcast Auction
Date(s) 6/28/2022 - 7/14/2022
THURSDAY JULY 14TH @ 5:00 PM
Preview Date/Time ANYTIME
Checkout Date/Time If you are the winning bidder you will receive an email with a contract and further instructions.
Location HELD AT :586 MAIN STREET FOR 14 PROPERTIES
DECATUR, TN 37322
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
Court Ordered Bankruptcy Real Estate Auction SOLD BY THE ORDER OF THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF TENNESSEE, SOUTHERN DIVISION - CASE NO. 1:19-bk-15184-SDR BID LIVE OR ONLINE: Thursday, July 14th at 5:00PM ALL PROPERTIES TO BE SOLD FROM THE MEIGS COUNTY FAIRGROUNDS (Located adjacent to Meigs County Middle School - 586 N Main Street, Decatur, TN 37322) ALL TRACTS SELLING ABSOLUTE TO THE HIGHEST BIDDER Over 90 total acres sold in tracts and groupings All properties are located in the Decatur area of Meigs County Great development opportunities with these properties Some are adjoining TVA property and just minutes from the Tennessee River PROPERTY 1 | 452 HIGHWAY 30 W - DECATUR, TN 37322 +/- 9.2 acres Adjoins TVA property Public water and electricity available Former mobile home site Parcel/Tax ID: 036  007.02 PROPERTY 2 | HIGHWAY 30 W - DECATUR, TN 37322 +/- 31 acres Comprised of Parcel/Tax IDs: 041  001.01, 041  003.00, and 041  011.01 Adjoins TVA property Owner has been told that the property is eligible to apply for a dock permit, but no guarantees that a permit will be granted PROPERTY 3 | RIVER ROAD - DECATUR, TN 37322 +/- 13.58 acres Gorgeous views from property Property includes Lot 8 of Morrison Road (Parcel 032  010.00) Comprised of Parcel/Tax IDs: 032  002.04, 032  004.01, and Lot 8 of 032  010.00 Access from River Road and Morrison Road PROPERTY 4 | RIVER ROAD - DECATUR, TN 37322 +/- 36.5 acres | Offered in 2 groups and as a whole GROUP 1: Tracts 1-3 | +/-15.5 acres GROUP 2: Tracts 4-7 | +/-21 acres AS A WHOLE: RIVER ROAD - DECATUR, TN 37322 Portion of Current Parcel/Tax ID: 032  002.03 PROPERTY 5 | MORRISON ROAD - DECATUR, TN 37322 Offered as individual lots and as a whole These lots have been approved by the Meigs County planning commission Ideal lots for single family homes, mobile homes or tiny houses Portion of Current Parcel/Tax ID: 032  010.00 Lot 1: +/- 0.67 acre Lot 2: +/- 0.67 acre Lot 3: +/- 0.63 acre Lot 4: +/- 0.60 acre Lot 5: +/- 0.60 acre Lot 6: +/- 0.61 acre Lot 7: +/- 0.60 acre AS A WHOLE - Lots 1-7: +/- 4.34 acres
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Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
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Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
If you are the winning bidder you will receive an email with a contract and further instructions.