NEW 2026 TERMS PLEASE READ:
AUCTIONEER or REPRESENTATIVE reserves the right to BID on behalf of owner up to private or published reserves. Hibid allows AUCTIONEER to see all MAXIMUM BIDS. All items are sold with reserves unless otherwise advertised differently.
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 July 6th, 2026.

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!

205 Adair Drive � Knoxville, TN 37918 ONLINE ONLY REAL ESTATE AUCTION A First Offering in Generations Located in Historic Adair Gardens in the Fountain City Community BIDDING BEGINS TO CLOSE: Wednesday, June 3rd at 12:00PM � Noon (ET) OPEN HOUSE: Monday, June 1st from 2:00PM � 4:00PM (ET) Welcome to 205 Adair Drive, a truly extraordinary property built in 1928 being offered for sale for the very first time in its history. With five generations having called this gorgeous home their own, this is a rare and deeply significant opportunity to become the next steward of one of Fountain City�s most cherished properties. Affectionately known as the �Carriage House� � a nod to a previous resident who operated a carriage business and repaired carriages in the side lots � this home carries with it a richness of history and character that simply cannot be replicated. Architecturally described as a minimal Traditional with Tudor Revival influence, the home features a one-and-one-half story frame with stucco wall covering, a side gable roof with projecting center gable over the entry, six-over-six double hung windows, an arched front entry door with quoins, an exterior offset front chimney, a one-story arcaded porch on the east elevation, and a stuccoed foundation � all of which contribute to its timeless and distinctive curb appeal. A Note on the Property: Currently comprised of three lots totaling 0.55+/- acres, the home is encroaching on the extra corner lot at Adair Drive and Coile Road. Per conversations with the Knoxville-Knox County Planning office, there is a possibility to resubdivide the property and offer the corner lot as an independent buildable lot. Interested parties are encouraged to consult directly with the Knoxville-Knox County Planning office regarding this potential opportunity. Original Character & Appointments: This circa 1928 home abounds in period charm and original detail at every turn, including: Arched front entry door and foyer Gorgeous hardwood floors throughout Impeccable unpainted wood doors, moldings, and trim throughout Arched French doors separating the living room and dining room Original built-in cabinets throughout Original overhead light and sconces in the living and dining room Stucco-style textured walls Inglenook fireplace alcove in the living room Immense natural lighting throughout Main Level: The main level welcomes you through a charming front entrance foyer into a large and gracious living room featuring a built-in cabinet, inglenook fireplace alcove, French doors leading to a lovely covered side porch, and stunning arched French doors separating the living room from the formal dining room. Additional main level features include: Large kitchen with original built-in china cabinet with leaded glass, newer dishwasher and refrigerator, and adjoining laundry room Access from kitchen to a rear screened porch leading to the rear patio Hallway with built-in cabinet and charming original phone nook Full bathroom with walk-in shower and lovely appointments Two bedrooms � one of which functions beautifully as a pass-through or dedicated home office Upper Level: Two well-sized bedrooms with ample closet space Full bathroom Additional floored attic space for storage or future finishing potential Additional Property Features: Large landscaped lawn Rear patio with smaller fenced area Detached two-car garage with stuccoed wall covering and hip roof Large basement for storage with work completed to ensure it remains dry HVAC replaced 2022 Roof replaced 2013 with Owens Corning Duration shingles � transferable 50-year warranty through Owens Corning Hot water heater recently replaced Adair Gardens Historic District: This property is situated within the nationally recognized Adair Gardens Historic District, listed on the National Register of Historic Places on September 23, 1994. Originally platted in 1920, Adair Gardens is noted as one of the earliest platted and planned subdivisions in Knoxville and contains one of the city�s finest examples of middle-class suburban development. The district is comprised of 65 contributing and 6 noncontributing houses and outbuildings built in the 1920s and 1930s, with a preponderance of Tudor Revival and Minimal Traditional styling lending a uniformed appearance and distinctive design character to the neighborhood. Roughly bound by Adair Drive, Rose Drive, and Coile Road, Adair Gardens was developed during a fascinating period of transition between the use of street cars and personal automobiles � a legacy that adds even greater depth to this already storied property. The Opportunity: Homes of this historical significance, architectural integrity, and generational rarity simply do not come to market often � if ever. Whether you are a preservation enthusiast, a lover of fine architectural detail, or simply someone seeking a home with genuine soul and an irreplaceable sense of place, 205 Adair Drive offers something that no new construction can ever provide: a living, breathing piece of Knoxville�s history, offered to the public for the very first time. Knox County Parcel / Tax IDs: 058MB025, 058MB026 and 058MB027 Yearly Property Taxes: $1,665.60 � total yearly taxes | $967.86 � City of Knoxville and $697.74 � Knox County Lot Size: 0.55 +/- acre Year Built: 1932 � per tax records (1928 � per family)