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X-WR-CALNAME:Powell Auction & Realty
X-WR-CALDESC:East TN's Auction Experts
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UID:MEC-8df1ec86e39da125b897dcaca5d60281@powellauction.com
DTSTART:20250924T160000Z
DTEND:20250924T170000Z
DTSTAMP:20250819T162300Z
CREATED:20250819
LAST-MODIFIED:20251118
PRIORITY:5
SEQUENCE:126
TRANSP:OPAQUE
SUMMARY:SOLD | 2 Homes & Garage | 516 & 530 Rutledge Pike – Blaine, TN 37709
DESCRIPTION:[et_pb_section fb_built=”1″ _builder_version=”4.20.4″ _module_preset=”default” custom_padding=”0px||||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nONLINE ONLY REAL ESTATE AUCTIONSelling on behalf of the Stanley Thurman Estate\n[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.20.4″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” custom_margin=”|auto||0px||” custom_padding=”3%|3%|3%|3%|true|true” border_width_all=”2px” border_color_all=”#FFA503″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” width=”100%” global_colors_info=”{}”]\nBIDDING BEGINS TO CLOSE:Wednesday, September 24that 12:00PM – Noon (ET)\n[/et_pb_text][/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” width=”100%” global_colors_info=”{}”]\nOPEN HOUSE:Monday, September 22ndfrom 2:00-4:00PM (ET)\n[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.20.4″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” custom_padding=”|||1px||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_gallery gallery_ids=”65762,65683,65731,65672″ posts_number=”8″ _builder_version=”4.20.4″ _module_preset=”default” dbdb_version=”4.8.5″ global_colors_info=”{}”][/et_pb_gallery][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nMulti-Property Opportunity in Blaine Community\n6.50+/- Acres with 2 Homes & Garage – Offered in 2 Tracts\nExceptional rural property opportunity in the desirable Blaine community of Grainger County. This expansive acreage on Rutledge Pike offers incredible flexibility with multiple residences and substantial outbuilding space, perfect for investors, multi-generational families, or businesses requiring extensive storage and workspace.\nProperty Overview\n\nPrime Grainger County location on well-traveled Rutledge Pike\nConvenient access to area amenities and transportation routes\nFlexible tract offering allows buyers to purchase according to their specific needs\nMultiple income potential with two separate residential structures\n\nResidential Structures\nMain Residence: Approximately 1,820 square foot brick ranch featuring solid construction and an unfinished basement offering expansion potential or additional storage space.\nSecondary Home: Approximately 1,160 square foot single-level residence providing rental income opportunity or guest/family accommodation.\nCommercial/Storage Potential\nDetached Garage Building: Massive approximately 4,000 square foot structure ideal for vehicle storage and maintenace, equipment storage for contractors or farmers, workshop space for hobbyists or small business operations, potential commercial or light industrial use. \nInvestment Advantages\nThe combination of residential properties and substantial outbuilding space creates potential multiple revenue streams and usage options. Whether you’re seeking a primary residence, investment property, or a home-based business opportunity, this unique offering provides exceptional value and versatility in the growing Blaine community.\nGrainger County Parcel / Tax ID:\n098  027.00\nCurrent Yearly Property Taxes:\n$3,681.28 – Grainger County only\nLot Size:\n6.50+/- acres\nPLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer.\n\n[/et_pb_text][et_pb_divider divider_weight=”4px” _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_divider][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nLOT 1 | 516 Rutledge Pike – Single Level House – 1.44+/- acres\n[/et_pb_text][et_pb_gallery gallery_ids=”65672,65673,65674,65675,65676,65677,65678,65679,65680,65681,65682,66501,66498,66497,66500,66499,66502,66503″ posts_number=”8″ _builder_version=”4.20.4″ _module_preset=”default” dbdb_version=”4.8.5″ global_colors_info=”{}”][/et_pb_gallery][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nCharming Single Level Home on 1.44+/- Acres\nCirca 1948 Character Home with Rural Setting\nStep back in time with this approximately 1,160 square foot single level home offering the perfect blend of vintage charm and country living. Built around 1948, this property provides an excellent opportunity for buyers seeking acreage, restoration potential, or a peaceful rural lifestyle.\nProperty Features\n\nSingle level convenience with approximately 1,160 square feet of living space\nGenerous 1.44+/- acres providing privacy and room to roam\nAttached carport with convenient adjoining storage room\nHistoric storage building/barn adding rustic character and additional storage capacity\n\nInvestment Potential\nWhether you’re drawn to the home’s vintage character, the spacious acreage, or the opportunity to create your own rural retreat, this property offers excellent value. The combination of living space, covered parking, and multiple outbuildings provides flexibility for various lifestyles and uses.\nPerfect for buyers seeking country living, those interested in restoration projects, or anyone wanting room to breathe on their own piece of land.\nPLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer.\n\n[/et_pb_text][et_pb_divider divider_weight=”4px” _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_divider][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nLOT 2 | 526 & 530 Rutledge Pike – Brick Basement Ranch Home & Garage – 5.06+/- acres\n[/et_pb_text][et_pb_gallery gallery_ids=”65683,65684,65686,65687,65688,65689,65690,65691,65692,65693,65694,65695,65696,65697,65698,65699,65700,65701,65702,65703,65704,65705,65706,65707,65708,65709,65710,65711,65712,65713,65714,65715,65716,65717,65718,65719,65720,65721,65722,65723,65724,65725,65726,65727,65728,65729,65730,65731,65732,65733,65734,65735,65736,65737,65738,65739,65740,65741,65742,65743,65744,65745,65746,65747,65748,65749,65750,65751,65752,65753,65754,65755,65756,65757,65758,65759″ posts_number=”8″ _builder_version=”4.20.4″ _module_preset=”default” dbdb_version=”4.8.5″ global_colors_info=”{}”][/et_pb_gallery][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nImpressive Brick Ranch with Massive Commercial Building\nApproximately 1,820 Square Feet Plus 4,000 SF Detached Building\nExceptional property combining comfortable residential living with substantial commercial or workshop space. This well-appointed 2 bedroom, 2 bathroom brick basement ranch built in 2003 offers modern amenities and extensive vehicle storage, complemented by a massive detached metal building (built 2001) perfect for business operations or serious hobbyists.\nMain Level Living\n\n\n\nSpacious kitchen featuring breakfast bar and newer appliances, including microwave installed last year\nAdjacent dining area for convenient meal service and entertaining\nLarge living room with attractive standalone fireplace and laminate flooring throughout main areas\nCovered front and rear porches providing outdoor relaxation space\nTandem 4-car attached garage with dual garage doors on main level\n\n\n\nPrivate Accommodations\n\n\n\nMaster suite with dual closets and en suite bathroom featuring walk-in shower\nGenerous guest bedroom with convenient adjoining half bathroom\nGuest bathroom equipped with relaxing garden tub\nOffice or storage closet for workspace or organization needs\nLaundry/mudroom with practical sink for utility tasks\n\n\n\nBasement & Additional Storage\n\n\n\nUnfinished basement with single car garage door, spacious enough for 4 vehicles or extensive workshop operations\n\n\n\nCommercial Building Opportunity\nDetached 4,000 SF Metal Building (40′ x 100′):\n\n\n\nThree 12-foot rollup doors (two at 5′ height, one at 6′ height)\nInterior rollup door for flexible space division\nDedicated office space and two bathrooms\nUpstairs storage area for inventory or equipment\nMan door for convenient access\n\n\n\nInvestment Potential\nThis unique combination of comfortable family living and substantial commercial space offers exceptional versatility. Whether you’re operating a business from home, need extensive vehicle and equipment storage, or seeking investment property with multiple revenue streams, this property delivers outstanding value and flexibility.\nPLEASE NOTE: A survey origination fee of $750.00 per tract will be included in the Sales Contract and paid at closing by the Buyer.\n\n[/et_pb_text][et_pb_code _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.20.4″ _module_preset=”default” da_disable_devices=”off|off|off” box_shadow_style=”preset1″ global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nReal Estate Terms:Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.\nM & M Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before October 24th, 2025.\nThe contract will not be contingent upon financing, inspections or any other contingencies.\nPowell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**\nThank you for participating in this Powell Auction & Realty LLC Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.\nNew Bidders, please Pre-Register, we will have to approve you to Bid!\n[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]\n
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