062817 Spring Street Hill Featured

Silver Hills Cottage View Auction

SOLD - $230,000
DATE

Wednesday
June 28th

TIME

7:00 pm
EDT

502 Spring Hill Drive
New Albany, IN  47150

Cottage in Historic Silver Hills
Louisville City View
4 Bedroom – 3 Bath

Spacious 4-bedroom cottage in historic Silver Hills just minutes away from revitalized downtown New Albany and across from the newly completed Nature Trail. Home features stunning lines with an unbelievable four-season view of the Sherman Minton bridge and Louisville, KY.

REAL ESTATE

In the hills above the city a 1 1/2 story cottage built circa 1929 with 1966 square feet features a truly enviable view, covered concrete porch that leads into a charming courtyard, unfinished basement with one-car garage on a .7 acre lot with 6+ acres across street that leads over to Falling Run Creek and the Historic Silver Hills Nature Trail. Located just ½ mile from I-64 and 6 miles from downtown Louisville.

This 1966 square foot 1 1/2 story 4 bedroom – 3 bath home features original woodwork throughout, archways, spacious living room with fireplace and 2 picture windows with a city view, formal dining room, eat in kitchen, 2 bedrooms, and full bath on the first floor. Second floor includes 2 bedrooms, full bath and attic storage. Extras include dimensional roof shingles, hardwood floors throughout much of the home, a kitchen nook perfect for a bistro table and fireplaces on the first floor and basement.

This home has been in the same family since the 1920’s, do not miss this once in a lifetime buying opportunity.

PROPERTY HIGHLIGHTS

  • Floyd County School System
  • Historic Silver Hills Neighborhood

HOME HIGHLIGHTS

  • Large rooms and large windows
  • 4 bedrooms – 3 baths – 2 fireplaces
  • Hardwood & tile floors
  • Central air and heat
  • Covered front porch and courtyard
  • Ample storage and garage space in unfinished basement

SILVER HILLS HISTORICAL NATURE TRAIL LEASE

The Endris Family has given the Silver Hills Historical Society a 30 year lease through 2045 for a walking trail on the 6+ acre tract which is located across the street in the newly completed nature trail and wildlife sanctuary.

TERMS

10% down day of auction, balance due in 40 days. Possession at closing. Buyer to assume Spring 2017 Tax Installment due Spring 2018. Selling as-is with no contingencies, all inspections welcomed prior to auction.

SELLER

Endris Family

Public Schools

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

Annual Taxes

  • $3,047.86
  • No Exemptions

Directions

West Spring Street to top of Spring Street Hill.

*Location on map incorrect, located at top of Spring Street Hill