1115 Law Road – Louisville, TN 37777

ONLINE ONLY ESTATE AUCTION

Selling on behalf of the Mary Hitch Estate

Fixer Upper Ranch Home with Exceptional Potential – 1.4+/- Acres

Approximately 2,405 SF Plus 1,419 SF Semi-Finished Space – Convenient Alcoa Highway Location

Outstanding opportunity for investors or those seeking a project with tremendous potential. This single level ranch home on a generous 1.4+/- acre lot offers exceptional space and unique features, perfectly positioned just off Alcoa Highway with convenient access to Knoxville, Maryville, and McGhee-Tyson Airport.

Spacious Floor Plan Ready for Your Vision

• Approximately 2,405 square feet of single level living space awaiting restoration
• Large living room with practical adjoining walk-in closet
• Expansive kitchen with adjoining dining room offering excellent entertaining potential
• Den with fireplace creating a natural family gathering space
• Dedicated office space perfect for modern work-from-home needs
• Laundry/utility room for household functionality
• Existing hardwood floors in living room, kitchen, dining room, and two guest bedrooms

Bedroom & Bath Layout

• Master bedroom featuring walk-in closet and en-suite bathroom with walk-in shower
• Guest bedroom with walk-in closet maximizing storage potential
• Additional guest bedroom for family accommodation
• Two guest bathrooms including one with walk-in shower

Unique Recreation Potential

Semi-finished space (approximately 1,419 SF) includes rec room area and in-ground swimming pool accessible via from outside the home or sliding doors from the master bedroom (pool operation requires assessment and restoration).

Property Assets & Considerations

• Single car attached carport with valuable storage room
• Two detached metal carports with one featuring an adjoining workshop room
• Generous 1.4+/- acre lot providing privacy and expansion possibilities
• Please note: Old garage and storage barn are in disrepair and may require removal or extensive renovation

Investment Opportunity

This property represents an exceptional opportunity for buyers with vision and renovation experience. The combination of substantial square footage, unique pool feature, convenient location, and generous acreage creates tremendous potential for those ready to restore this property to its full potential.

Blount County Parcel / Tax ID:

009  087.00

Yearly Property Taxes:

$1,250.54 – Blount County only

Lot Size:

1.4 +/- acres

Year Built:

1957

Real 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.

M & 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 29th, 2025.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell 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.**

Thank 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.

New Bidders, please Pre-Register, we will have to approve you to Bid!