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5.8 Acre Cottage, Garage, Pole Barn & Lake Online Auction


Real Estate — $468,600

Premium Included


6:00 PM
Sunday, September 18


6:00 PM *
Sunday, September 25

*Extended Bidding

6705 Highway 111 (IN-111)
Sellersburg, IN 47172

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

Real Estate Terms

A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Taxes prorated to the day of closing. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.


  • Monday, September 12, 3PM-5PM
  • Sunday, September 18, 1PM-3PM

Or contact us for a private showing.


William Dearing Estate

Personal Representative

Catherine Louise Toteno

Estate Attorney

Maxwell W. McCrite
Lorch Naville Ward LLC

Selling online for the estate of the late William Dearing, a recently renovated 4 bedroom -2 1/2 bath 1 1/2 story stone cottage with sunroom, full finished basement, storm cellar, pole barn and garage on a beautiful 5.86 acres with lake. You will not want to miss this great home loaded with extras just 4 miles North of I-265 Grant Line Road in Floyd County, Indiana. First time offering!


  • 5.86 Acre Park Like Setting
  • Renovated 1 1/2 Story Stone Cottage Built 1951
  • 4 Bedrooms – 2 1/2 Baths – Fireplace
  • 1080 Square Feet First Floor
  • Heated Sunroom – Covered Patio
  • Full Finished Basement – Interior Storm Cellar
  • 2-Bay Pole Barn with Covered Porch & Workshop
  • 3-Bay Garage with Workshop
  • Lake with Dock & Bridge
  • New Albany Floyd County Schools
  • 4 Miles North of I-265 Grant Line Road
  • 4 Miles South of IN-60 Near Covered Bridge

This custom renovated faux stone 1 1/2 story cottage with detached garage and pole barn, sits high on a private 5.86 acre lot surrounded by mature trees and lake in Floyd County Indiana just minutes from expressways, schools, shopping & golf course.

The main level of 1080 square feet features geometric tile and hardwood floors throughout and includes a spacious living room, eat-in kitchen, 2 bedrooms, full bath with custom walk-in tiled shower, vessel sink with waterfall faucet and convector wall heating unit, and a 10’ x12’ sunroom adorned with a wood ceiling and equipped with a convector wall heating unit.

On the second floor, you’ll find two bedrooms with hardwood floors, a large double closet shared in the sitting room, and a fully renovated Jack & Jill bath with tile floors. For assured comfort the second floor has its own heating and cooling system and hot water heater in the floored walk-in attic.

The lower level features an open family and entertainment space with tile floors, a Bedford stone gas fireplace, 1/2 bath and beyond that sliding barn door – a spacious equipped laundry room with deep sink and upright freezer. In addition a 10’ x 12’ storm cellar – perfect for your safe place – also functions as usable storage space and is tucked away off the half bath.

The home is equipped with (2) LP gas furnaces with humidifiers, (2) central air conditioning units, (2) water heaters, sump pump, and (2) convector wall heating units (one in the sunroom and one in the first floor bath).

Great opportunity to own!

  • 4-Board Fence Entrance
  • Open & Wooded 5.86 Acres
  • 360’ Road Frontage – Appx. 700’ Deep
  • Small Lake with Dock & Bridge
  • Large Paved Driveway
  • 1 1/2 Story Cottage Built 1951
  • 4 Bedrooms – 2 1/2 Baths
  • 1080 Square Feet First Floor
  • Equipped Eat-In Kitchen
  • Full Finished Basement
  • Bedford Stone Gas Fireplace
  • Equipped Laundry Room
  • Heated Sunroom – Covered Patio
  • 10’ x 12’ Storm Cellar
  • 2 HVAC Systems – 2 Hot Water Heaters
  • 2 Stelpro Convector Heating Wall Units
  • Replacement Windows
  • 30’ x 48’ x 12’ Tall Pole Barn Built 1985
  • 10’ and 8’ Overhead Doors w/Openers
  • Insulated Workshop w/Heat/AC Unit
  • Covered Porch
  • 22’ x 32’ 2-Bay Garage Built 1951
  • 18’ x 20’ 1-Bay Rear Extension
  • 3 Overhead Doors w/Openers
  • Large Workshop
  • Outside Chain Link Dog Kennel

Clark County REMC Electric
Silver Creek Water Corporation
Septic Replaced 2020
LP Gas (Tank Owned by Seller)
Spectrum Cable (Available)

New Albany Township (Annual) – $1,304.78

Homestead – $45,000
Supplemental – $41,930
Mortgage – $3,000
Veteran Total – $14,000
Veteran Part – $24,960

FEMA records indicate the property is not located in a flood plain.

S/2 SE/4 26-1-6 4.35 Acres (Muddy Fork FK Cons. Dist. Inc. 012.001 & 021.001)
SE/4 26-2-6 Prt. #11, Prt. #12 & Prt. #25 1.5 Acres

Parcel No. 22-05-02-600-011.001-007
Parcel No. 22-05-02-600-010.000-007

New Albany Floyd County Consolidated


I-265 to Grant Line Road Exit #3. North 4 miles to home on left.


We know that the end of an online auction can be a hectic place. Here are some tips & things you should know to help make it a little easier…


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.


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.
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