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ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Louisville, TN Lake Property
Sat
May 14th, 2005 – 10:30 AM
Open House Sun May 8th 2-4 PM
Crown Point Road
Louisville, Tennessee


78 Acres of Lakefront and Lakeview Property
Main Channel of Ft. Loudon Lake

Subdivided Into Tracts
To Be Offered Separately

78 Acres Offering:

  • 2 lakefront tracts with over 640' footage on Ft. Loudon Lake
  • 3 lakeview tracts ranging in size from 1.5 to 4-8 acres each with its own boat slip at community dock
  • 58 Acre development tract subdivided into 4 tracts ranging in size from 10 to 20 acres with mountain views

Ideally located in Louisville, TN with convenient access to
Knoxville and Maryville via Pellissippi Parkway

Click here for Survey of Plat 1

Click here for Survey of Plat 2



 

Zoned: RA - Residential and Agriculture

Utilities: Utility water on Light Pink Road; community well for 3 lakeview tracts. Electric - Ft. Loudon Electric.

Terms: 10% Buyer's Premium.  Successful bidders will deposit 10% of the purchase price (including buyer's premium) at the auction in the form of cash, cashier's check, personal or company check with a bank letter of guarantee, sign a real estate sales contract with the balance due on closing within 20 days. ALL TRANSACTIONS MUST CLOSE WITHIN 20 DAYS.

Directions: From the intersection of Pellissippi Parkway (aka I-140) and Topside Road,  travel West on Topside Road toward Louisville 3-1/10 mile and turn right onto Louisville Road. Travel 2 miles and turn right onto Light Pink Road. Travel 1.3 miles to Crown Point Road.

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  Furrow Auction Company  (800) 438-7769  TN Lic. #62