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Floyd County Ranch Home Online Auction

BIDDING BEGINS

2:00 PM
Tuesday, May 7  2024

BIDDING ENDS

2:00 PM *
Tuesday, May 21  2024

*Extended Bidding
ADDRESS

7814 Frank Ott Road
Georgetown, IN  47122

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Buyer's Premium

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.

Inspection

Tuesday, May 14, 5:00 PM – 7:00 PM
Or contact us for a private showing.

Seller

Delores J. Folks Estate

Personal Representative

Charles A. Folks

Attorney

Jennifer Kraft Kuchle
Lorch Naville Ward LLC

Documents

Selling online for the Estate of Delores “Dee” Folks, a 1248 square foot three bedroom one level home in Orchard View Subdivision on a spacious 0.413 acre lot with a large utility shed. Located just north of State Road 64 off Henriott Road and 4 miles west of I-64 Edwardsville Exit. This home is ready for your renovations and updates. Ideal for the investor or homeowner.

PROPERTY HIGHLIGHTS

  • Brick & Vinyl Ranch Built 1972
  • 1248 Square Feet on One Level
  • Three Bedrooms -One Bath
  • Equipped Eat-In Kitchen
  • Family Room with Wood Stove
  • Equipped Laundry Room
  • 100’ x 180’ Fenced Lot
  • 16’ x 20’ Utility Shed with Lean-To
  • Central Air & Gas Heat
  • Gate Access to Ashley Mariah Memorial Park
  • Easy Access to NAFC Schools
  • 15 Miles to Downtown Louisville

This one level home, family owned since 1975 features a living room, family room with wood stove, equipped eat-in kitchen, 3 bedrooms and a full bath plus an equipped laundry room. Outdoor space includes a covered patio, large fenced back yard with gate access to the adjoining Ashley Mariah Park with walking trail and a 16’x20 utility shed with (2) 8’x20’ lean-to’s. The home is ready for renovations and updates.

Shed Roof — 2023
House Roof Partial Replacement — 2020
Furnace — 2021

Harrison County REMC Electric
Georgetown Sewers
Edwardsville Water
Suburban LP Gas (Tank Leased)
Spectrum Cable

Georgetown Town (Annual) — $617.48

Homestead — $48,000
Supplemental — $21,320

FEMA records indicate that the property is not in a flood zone.

Plat 807, Lot 16, 0.413 Acre, Annexed from #002-0691-016

22-02-02-700-240.000-003

New Albany Floyd County Schools

Directions

I-64 Edwardsville Exit #118. West 2.6 miles on St. Rd. 64 to right at light on Henriott Road. Continue ½ mile to right on Frank Ott Road to home on left.

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…

MAX BID

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.

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.
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