071520 Highway 311 Online Featured Overlay

2 Acres 2 Homes Commercial Online Auction

STARTING DATE

2:00 pm
Wednesday, July 8

ENDING DATE

2:00 pm *
Wednesday, July 15

*Extended Bidding
LOCATION

7311 & 7315 Highway 311
Sellersburg, IN 47172

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Buyer's Premium

10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

Real Estate Terms

10% Non-refundable down payment due the day of auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction.

Inspection

Schedule online or call the office in advance for designated showing time for the open inspection. Or contact us for a private showing.

  • Wednesday, July 8, 11am – 1pm
  • Wednesday, July 15, 11am – 1pm

Seller

Click Asset Trust

Documents

Selling online at auction a prime two-acre commercial site with two single-family homes located in the high traffic business and residential corridor in Hamburg near the intersection of IN-60. The two-dwelling complex with 200 feet of road frontage is zoned B-2 and will sell together as one unit. A great location to occupy, develop, or invest in.

COMMERCIAL REAL ESTATE

  • Excellent Proximity to Large-Scale, Mixed-Use Developments
  • Zoned Central Business B-2 District
  • 2 Acres -2 Single-Family Homes
  • 200 Feet Road Frontage x 435 Feet
  • Selling Together as One Unit
  • INDOT Average Annual Daily Traffic 13,008
  • Area Population 17,806
  • 1.2 Miles West of I-65 Exit #7
  • 10 Miles North of Louisville Kentucky

Multiple residential high-density units within a two-mile radius of 7311 Hwy 311 have joined the area of medical and retail, making this area a thriving hub, flexible for multiple uses. This complex includes an 1146 square foot ranch home and a 1356 square foot 1 1/2 story home with a garage, both ready for immediate occupancy.

7311 HIGHWAY 311

A prime one-acre Clark County location with an 1146 square foot aluminum siding ranch with full unfinished basement, attached carport, and a one-car garage. Home features a living room, eat-in kitchen with breakfast bar, two bedrooms, full bath, and enclosed sunroom with knotty pine walls. Recent improvements include central air and heat. The home sits on a 100’ x 435’ lot.

7315 HIGHWAY 311

A one-acre site with a 1356 square foot one-and-one-half-story Bedford stone home with full unfinished basement and detached 20’ x 20’ two-car garage with carport. The first floor features a living room, dining room, equipped eat-in kitchen, two bedrooms, a full bath, and a 22’ x 10’ finished room upstairs. The home has had recent improvements including central air and heat and sits on a 100’ x 435’ lot adjacent to 7311 Hwy. 111.

Central Business B-2 District

  • Clark County REMC
  • Vectren Gas
  • Sellersburg Water
  • Sellersburg Sewers

REAL ESTATE TAXES 2019/2020 Annual

  • 7311 Highway 311 — $1,714.00
  • 7315 Highway 311 — $526.98

EXEMPTIONS

7315 Highway 311

  • Standard — $45,000
  • Supplemental — $28,980

7311 Highway 311

  • 10-17-08-800-125.000-031

7315 Highway 311

  • 10-17-08-800-119.000-031

AADT (Annual Average Daily Traffic)

  • 2019 — 13,008
  • 2018 — 12,930
  • 2017 — 12,878
  • 2016 — 12,763
  • 2015 — 14,863

Source: Indiana Department of Transportation

Clark Regional Airport

  • 2.4 Miles
  • 6 Minute Drive

Louisville International Airport

  • 16.5 Miles
  • 18 Minute Drive
MAX BID

Place your max bid and let the system bid for you. In the event two bidders have placed identical max bids, the first bid received will be the successful bid.

EXTENDED BIDDING

To prevent bid sniping, last-minute bids will extend individual lots using our ‘soft-close’ functionality.

  • If a bid is placed in the last 10 minutes, the lot will remain open for an additional 10 minutes.
  • If any further bidding occurs, the extension timer will reset to 10 minutes.
  • If no further bidding occurs, the lot closes when the timer runs out.

Directions

I-65 to IN-60 Exit #7. West 1 mile to left on Highway 311. South 0.2 miles to property on right.

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