062618 Cherry Hill Street Featured

Silver Hills Brick Ranch Auction

DATE

Tuesday
June 26th

TIME

7:00 pm
EDT

LOCATION

1411 Cherry Hill Street
New Albany, IN  47150

Buyer's Premium

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

Terms

10% non-refundable down payment due 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 auction.

Open Inspection

  • Tuesday, June 19, 5-7PM
  • Tuesday, June 26, 5-7PM (Day of Auction)
  • Or Contact Us for an appointment.

Documents

Spacious brick ranch with finished walkout basement, screened porch & two garages on a half-acre lot in historic Silver Hills located just minutes to New Albany’s downtown district. Home just perfect for homeowner or investor!

REAL ESTATE

Circa 1964 raised brick ranch with screened porch, finished walkout basement with separate living quarters and one-car garage plus detached three-car garage on a spacious half-acre lot in the established neighborhood of Silver Hills just minutes to shopping, medical, food destinations, and riverfront. Home features bright and airy rooms with lots of natural light, two fireplaces, wood, slate & tile floors and lots of built-ins, gas heat, and central air. The 1570 square foot first floor includes a spacious living room with fireplace, dining room with built-in cabinets and shelves, equipped kitchen, master bedroom with half-bath, 2nd bedroom plus full tiled bath. Outdoor living includes large backyard with ground level patio, 14’ x 12’ screened porch and detached three-car garage with double overhead door and carriage door with additional drive accessed by a private easement.

The lower walkout level is ideal for private mother-in-law suite with an exterior door at ground level with a drive to additional 16’ x 34’ garage with laundry hookups. The finished 1026 square feet includes spacious open room with fireplace and large daylight windows, office or craft room with shelving, equipped kitchen and full tiled bath.

MANDATORY SEWER HOOKUP*

New Albany Municipal Sewer Utilities is currently in the process of extending sewer line to property and will require mandatory hookup by homeowner within 90 days upon completion of line at owner’s expense. Land easement has been granted and recorded. Approximate cost for buyer will include hook-up (Estimate – Greenwell Plumbing 812-948-9000) of $8900.00 and sewer tap-in fee (Estimate – Wastewater Treatment Plant of New Albany 812-948-5320) of $1800.00. Note: Greenwell estimate does not include cost of electrician, finish grade or any unforeseen conditions.

Utilities

  • Vectren Gas
  • Duke Energy
  • Indiana American Water
  • Currently Septic (* NA City Sewers Projected for Future – Mandatory Hookup)

Taxes & Exemptions

Real Estate Taxes Annual (2017/2018)

  • Home — $2,771.80
  • Detached Garage — $260.62

Exemptions

  • None

New Albany Floyd County School Corp.

  • Green Valley Elementary
  • Scribner Middle School
  • New Albany High School

SELLER Diane Culwell

Directions

I-265 to State Street Exit #1. South past hospital to right on Cherry Street to top of hill on left.

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