Name Estate on Maple Street - Hohenwald
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 4/18/2022 - 5/17/2022
Location 217 S Maple Street
Hohenwald, TN 38462
Buyer Premium 10% of the Bid Amount will be added
Description
"Finish the Dream" We are selling this property in Hohenwald as a result of the K. Baker Estate. Bid Online 217 S Maple Street & 118 E 2nd Avenue - Hohenwald, TN The late K. Baker owned this property almost 35 years. It was his dream to completely remodel the 1940 home. In 2003, he built a very nice detached garage and upstairs "Man Cave" to store tools, equipment and provide a place to work while he remodeled the home. Recently, he started a "Tiny House", which was to be his temporary residence while he finished the 1,720 square foot home on S. Maple Street. Per the tax record, the home was built in 1940. It features 1,720 square feet of living space. Much of the interior has been remodeled (wiring, plumbing, kitchen, bathroom, insulation, HVAC...). Some drywall and paint will actually bring this project close to being complete. The detached garage is 2,048 square feet (32'x64') and is actually nice enough and well-constructed enough it could easily be converted to a residence. The lot is mostly level and fronts both South Maple Street and 3rd Avenue. The new owner may have the opportunity to subdivide this large lot into two smaller lots. The lot measures 355' x 115'. There is a second vacant lot that is being sold as well - 118 E. 2nd Avenue. This lot measures 134' x 65' and fronts the corner of 2nd Ave & 3rd Ave. We are offering this lot separate AND in the combination of both lots. There may be a buyer out there that recognizes the many possibilities and opportunities of owning both parcels. Bidders have the option to bid on the following: Lot #1 - 217 S Maple Street - House, Garage & large lot Lot #2 - 118 E 2nd Ave - Vacant Lot Lot #3 - BOTH LOTS combined Lot #4 - The unfinished "tiny house" currently located on 118 E 2nd Ave David Hudgins - Auctioneer & Broker - 931-994-7144 Bidding Ends on Tuesday, May 17th at 6:00pm
Auction Terms & Conditions PROCEDURE: The properties will be offered separately and together - "Multi-Par / Combo" DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. Reserve Auction - Seller reserves the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Selling per existing deeds AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is RESIDENTIAL UTILITIES: City Water, Public Sewer, Gas & Electricity DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 2,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added