12± Acres • Home • Car/Tractors 1037 Lexington Hwy, Loretto, TN 

ONLINE AUCTION

Dec 2 thru Dec 11, 2025

Bidding Opens: Dec 2 at 8:00AM

Bidding Ends: Dec 11 at 6:00PM with Soft Close

Pick Up: Saturday, Dec 13 from 9:00AM to 2:00PM

Bid Online at:  kingrealtyandauction.hibid.com

Open House: Dec 7th, 1:00PM to 3:00PM

Directions: From the intersection of Hwy 43 and E. Main St (Lexington Hwy – TN 227) in Loretto, go east on E. Main St./Lexington Hwy for 3.8 miles to property on the left.

Real Estate: This brick home sits on 12.7 ± acres just outside the Loretto city limits in the Liberty Grove Community of Lawrence County.  The home was built circa 1972 and consists of 1,300 ± square feet on the main level with a full walkout basement.  The main level features a master suite, 2 bedrooms, bathroom, living room, kitchen with eating area and a enclosed porch. The home is served by well water but has a city water meter.  The home has wood and electric heat and a window unit air conditioner.  Other improvements include 2 sheds, 2 prefab. Carports, metal shop/garage and wood frame house (poor condition).  The property fronts 1,152ft ± along Lexington Highway (TN 227).  The property is predominantly pastureland, fenced and has a pond.  The property will be offered in 2 tracts and again as 1 unit.  The auction for the combination of tracts will begin after Tracts 1 & 2 are closed.

Tract 1: 1.43 ± Ac. with brick home and shed.

Tract 2: 11.35 ± Ac. with frame house, shed and metal garage.

Car: 2006 Nissan Sentra (93K miles), Tractors (not running): John Deere 1010 serial# 57086 (2,419 hrs), Massey Ferguson 135 (1,031 hrs), 5030 Allis-Chalmers (880 hrs), Misc.: (3) 3-pt hitch rotary cutters, 3-pt hitch disc, cultivator, (2) Snapper riding mowers, car dolly, 8ft bumper trailer, Central Machinery 4 1/2” metal cutting bandsaw, Honda XL185S motorcycle (not running), various tools, various household items, LG washer, Roper dryer, furniture and more.

Seller: Patsy Sue Mattox Estate

Terms: Real Estate – 10% down payment due upon signing of contract within 24 hours of end of sale. Balance due upon delivery of deed within 45 days from day of sale.  Seller will provide survey, deed and owner’s title insurance.  Personal Property – Cash or good check day of item pickup.Debit and credit cards accepted through online auction website.  Seller reserves the right to accept or reject any and all bids. Real Estate and Personal Property will be sold “AS-IS” without warranties of any kind.