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New Albany Cottage Online Auction

SOLD

Real Estate — $27,500

Premium Included

STARTING DATE

9:00 am
Monday, October 15th

ENDING DATE

2:00 pm *
Monday, October 22nd

*Extended Bidding
LOCATION

633 West 8th Street
New Albany, IN  47150

Buyer's Premium

10% buyer’s premium added to the hammer bid price to determine final sales price.

Terms

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

Open Inspection

Thursday, October 18, 2-4PM and Monday, October 22, 12-1PM or call for appointment.

Selling online a 1 1/2 story vinyl siding two bedroom one bath home with screened porch and fenced backyard on 35’ x 120’ lot with alley access. Great opportunity for investors and homeowners!

REAL ESTATE

Circa 1929 vinyl siding 1 1/2 story home with 1051 square feet on first floor, 390 square feet up plus 2 screened porches on 35’ x 120’ lot with alley access. Home features 2 bedrooms, living room, den, eat in kitchen, 1 bath, equipped laundry utility room, central gas heat and window air units. Home located near downtown and shopping with easy access to expressway. Home needs renovations.

REAL ESTATE ANNUAL TAXES

NEW ALBANY CITY
  • Currently $0.00
TAX EXEMPTIONS
  • Mortgage — $3,000.00
  • Homestead — $21,060.00
  • Homestead Supplement — $4,914.00
  • Age — $6,126.00

UTILITIES

  • Vectren Gas
  • Duke Energy
  • American Cities Water
  • New Albany Sewers

NEW ALBANY FLOYD COUNTY SCHOOLS

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

ESTATE ATTORNEY Peggy Timmel

SELLER JoAnn Carroll Estate

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

State Street to West on Cherry Street. 3/4 mile to left on W. 8th Street across from Scribner Middle School. Home on right.

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