091019 Market Street Online RE Featured Overlay

Arts & Craft Bungalow Online Auction

SOLD

Real Estate — $77,000

Premium Included

STARTING DATE

6:00 pm
Tuesday, August 27

ENDING DATE

6:00 pm *
Tuesday, September 10

*Extended Bidding
LOCATION

1401 East Market Street
New Albany, IN  47150

Download Our App for Easy Bidding
iPhone  |  Android

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 in the form of cash, check or wired funds are due within 24 hours following the 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.

Open Inspection

  • Tuesday, September 3, 4-6pm
  • Tuesday, September 10, 11am – 1pm
  • Contact us for an appointment.

Selling online for the Kenneth Stewart Estate a 1920’s two-bedroom craftsman style brick bungalow with covered porch and basement on a corner lot in historic downtown New Albany just minutes to shopping, dining, entertainment, schools, and parks.

REAL ESTATE

  • Near Downtown New Albany
  • Craftsman Style Brick Bungalow
  • 960 Square Feet + Covered Porch
  • Full Basement – Part Crawl
  • 2 Bedrooms – 1 Bath
  • Art Pottery Tile Fireplace
  • Low Maintenance Compact Corner Lot

Charming 960 square foot two bedroom – one bath brick arts and craft bungalow built in 1929 with a covered front porch and an unfinished basement on a fenced corner lot near downtown. Home features a family room with a stunning art pottery tile fireplace, a formal dining room with a swinging door to the equipped kitchen with walk-in pantry, nine-foot ceilings, hardwood floors, a built-in hall cabinet, and home equipped with gas heat and central air. The compact 30’ x 60’ lot is virtually maintenance-free with no grass. A great location centrally located near downtown on the corner of 14th Street with easy access to the Ohio River Greenway and nearby towns. Come be apart of the downtown renaissance!

SELLER Kenneth Stewart Estate
PERSONAL REPRESENTATIVE Nic Nakamura, Jr.
ATTORNEY Steven S. Lohmeyer

Utilities

  • Duke Electric
  • Vectren Gas
  • American Water
  • New Albany Sewers

Real Estate Taxes & Exemptions

REAL ESTATE TAXES 2018/2019

  • New Albany Township — $253.26

EXEMPTIONS

  • Homestead — $45,000
  • Homestead Supplement — $12,145
  • Age — $12,480

New Albany Floyd County School Corporation

  • S. Ellen Jones
  • Scribner Middle
  • New Albany High

Historic District

Property is located within the East Spring Street Historic District, an area which requires any exterior alterations to buildings, demolition or new construction to be reviewed and approved in advance by the city’s Historic Preservation Commission.

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

From State Street in Downtown New Albany head East on E. Market Street 9/10 mile to auction on left at the corner of 14th Street.