Commercial Building & Vacant Lot Online Auction
Real Estate — $261,250
Parcel 1: Commercial Building — $220,000
Parcel 2: Vacant Lot — $41,250
2:00 PM *
Wednesday, March 30
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) in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days for clear title. Taxes prorated to the day of closing. Possession at closing subject to tenants rights. Selling as is without contingencies, all inspections welcomed before the auction. All closing costs are the buyer’s expense. See full details in the Auction Bid Packet.
- Tuesday, March 22, 11AM – 1PM
- Tuesday, March 29, 11AM – 1PM
Or contact us for a private showing.
Kathleen Lally Towsley
Selling online in two parcels in a prime Northern Corydon Indiana location near the IN-135 business corridor, a 3600 square foot commercial building with upstairs living quarters on a 1/2 acre lot and an adjacent 1/2 acre vacant building lot. Property zoned B-2 General Business with all city utilities located just 1 mile south of I-64 interchange. Ideal for live-work business, office space or retail.
- 1 Mile South of I-64 Interchange
- Prime IN-135 Business Corridor
- Zoned B-2 General Business
- Building & Vacant Lot Selling in 2 Parcels
- 3600 Sq. Ft. Commercial Building on 0.466 Acre
- Adjacent Vacant Building Lot 0.467 Acre
- 2400 Square Feet on First Floor
- 1200 Square Foot Apartment on Second Floor
- 2-Car Attached Garage
- All City Utilities Available
- Near a Variety of Commercial Businesses
PARCEL 1: COMMERCIAL BUILDING ZONED B-2 – 0.466 ACRE
MINIMUM OPENING BID: $200,000 — A 3600 square foot commercial building built in 1990 on a 109’ x 187’ lot with a two-car attached garage, paved parking and outdoor kennels. The first floor – previously occupied by Dr. Towsley’s Old Capital Veterinary Hospital – features a large waiting room, reception area, office, several exam rooms, built-in indoor kennels, bathroom, laundry room, plenty of storage and is equipped with natural gas heat and central air ready for immediate occupancy. NOTE: All business personal property is not included and will be sold separately at auction. The second floor has 1200 square feet of living quarters (now leased) and has 3-bedrooms, 1-bath, equipped eat-in kitchen with Jenn-Air cooktop, dining room and family room with separate stairway side entry with privacy fencing. Tenant pays $800 per month and is currently on a month-to-month lease. Tenant pays gas & electric, the landlord pays water & sewer.
PARCEL 2: VACANT LOT ZONED B-2 – 0.467 ACRE
MINIMUM OPENING BID: $30,000 — Vacant 109’ x 187’ unimproved building lot with all city utilities available, adjacent to Tract 1.
The property has a published minimum reserve opening bid of $200,000 on Parcel 1 with Improvements and $30,000 on Parcel 2 Vacant Lot (not including the buyer’s premium). Once the opening bid has been placed, the auction will then become absolute and will sell to the highest bidder.
Electric – Duke Energy
Gas – Indiana Utilities Corporation
Water – Town of Corydon Water Company
Sewer – Town of Corydon Wastewater
Harrison Township (Annual)
Building – $2,512.10
Vacant Lot – $21.47
PARCEL # 31-09-25-126-008.000-007 – COMMERCIAL BUILDING
Part of N 1/2 NW Quarter of Section 25, Township 3 south, Range 3 east in Harrison Township, Harrison County, Indiana containing 0.466 acres.
PARCEL # 31-09-25-126-007.000-007 – VACANT LOT
Part of N 1/2 NW Quarter of Section 25, Township 3 south, Range 3 east in Harrison Township, Harrison County, Indiana containing 0.467 acres.
I-64 to IN-135. South 1 mile to right on IN-337. 1/10 mile to left on Allison Lane. Property on left just past Limeberry Lumber.
TIPS TO HELP YOU WIN!
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.
Lots will end 15 minutes apart.
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.