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Harrison County 16 Acres | 2 Homes & Garage Online Auction

BIDDING BEGINS

6:00 PM
Tuesday, July 22  2025

BIDDING ENDS

6:00 PM *
Tuesday, August 12  2025

*Extended Bidding
ADDRESS

4915 O’Bannon Road SE
Elizabeth, IN 47117

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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.

Reserve

Sells Subject to Seller Confirmation

Inspection

  • Monday, July 28, 5:00 PM – 7:00 PM
  • Tuesday, August 12, 11:00 AM -1:00 PM

Or contact us for a private showing.

Seller

Edgar Poe Living Trust
Eric R. Poe, Trustee

Documents

Selling online in one tract for the Edgar Poe Living Trust – a secluded 16-acres of open and wooded land surrounding a 1990s one-owner 1,380 square foot ranch with private walkout basement living quarters, a 1991 single-wide mobile home, a steel-framed 30’x 40’ garage, and multiple outbuildings including chicken coops and run. Located in south Harrison County, just minutes from Chariot Run Golf Course and an easy 30-minute drive to downtown Louisville. A ready-to-enjoy versatile property in a private Southern Indiana community.

PROPERTY HIGHLIGHTS

  • 16 Private Acres in Harrison County, IN
  • Open Level Lawn Bordered by Woods
  • One-Owner Vinyl Sided Ranch Built 1990 with Metal Roof
  • 1,380 Square Feet on Main Level + Full Walkout Basement
  • 4 Bedrooms | 3 Baths | Eat-In Kitchen | Pine Wood Floors
  • Private Basement Living Quarters with Kitchenette
  • 30’ x 40’ Steel-Framed Two Bay Garage
  • 1991 Single-Wide Mobile Home – 3 Bedrooms & 2 Baths
  • Outbuildings for Hobby Farming – Chicken Coops, Fenced Run, & Utility Shed
  • Survey Dated 6/17/1976 by Paul Primavera Land Surveyor
  • South Harrison School Corporation
  • 5 Miles to Chariot Run Golf Course
  • 14 Miles to Downtown Corydon
  • 16 miles to Downtown New Albany

If you are looking for a private, secluded estate, this property is it! This 16 acre property features a one-owner, vinyl-sided ranch home custom-built by the Poe family in 1990. Located at the end of a long paved and gravel driveway, the home offers 1,380 square feet on the main level, including a living room, an eat-in kitchen with oak cabinetry, and a nearby laundry mudroom. The main suite includes a walk-in closet and full bath, accompanied by two additional bedrooms and a fully renovated hall bath with tile walls and shower. Enjoy outdoor living from the full-length covered front porch or a cozy backyard deck – both perfect for relaxing and entertaining.

The full walkout lower level features over 670 square feet of private living quarters including a large family room, fourth bedroom with full bathroom, an office, a kitchenette with bar sink, refrigerator and dishwasher, and ample unfinished storage space, making it a space ideal for a multi-family living. There is an older gravel driveway leading to the lower level for separate access. The property is equipped with a dual fuel system with electric heat pump (includes central air) and gas furnace plus additional electric baseboard heat in the lower level.

Garage and outbuildings include a 30’ x 40’ steel-framed garage by Ironbuilt Steel Buildings built in 2002, with two 10’ x 12’ electric overhead doors, 12’ eaves with 16’ ceiling height. For the hobby farmer, there are two chicken coops with a fenced chicken run and a 6’ x 8’ utility shed.
Additionally, there is a 1991 three-bedroom, two-bath, 14’ x 76’ single-wide mobile home that was occupied by family members over the years and requires renovation, but would make for good extra living space or potential rental income. It has separate septic, electrical, and gas lines.

The land is level and secluded, and has 52 feet of road frontage with a 208-foot driveway that opens to a square-shaped parcel – approximately 792 feet deep and 895 feet wide. A large lawn surrounds the house and outbuildings, while dense woodlands border the western edge of the property, offering both privacy and recreational opportunities.

MAIN HOME DETAILS

  • Living Room & Eat-In Kitchen with Oak Cabinetry
  • Main Bedroom Suite with Walk-in Closet and Full Bath
  • Two Additional Bedrooms
  • Wood Pine Floors
  • Renovated Hall Bathroom & Laundry Mudroom
  • Full Covered Front Porch & Small Rear Deck

LOWER LEVEL WALKOUT BASEMENT

  • 671 Square Feet Finished
  • Private Living Area with 4th Bedroom, Full Bath, Family Room, Office, & Kitchenette
  • Basement Kitchenette includes Bar Sink, Refrigerator & Dishwasher
  • Separate Gravel Drive for Basement Entry
  • Unfinished Storage & Utility Room
  • Dual Gas-Electric Heat Pump + Backup Electric Baseboard Heat in Basement

GARAGE & OUTBUILDINGS

  • 30’ x 40’ Steel Framed Garage (Ironbuilt Steel, 2002)
  • 16’ Peak Ceiling | Two 10’H x 12’W Overhead Doors with Openers
  • 200 AMP Electric | Concrete Floor | Side Entry Door | Wood Stove Flue

ADDITIONAL OUTBUILDINGS

  • (2) Chicken Coops including 10’ x 15’ Coop with Enclosed Run
  • 6’ x 8’ Utility Shed

MOBILE HOME DETAILS

  • 1991 Single-Wide 14’ x 76’ Mobile Home
  • 3 Bedrooms – 2 Baths
  • Main Bedroom Suite with Garden Tub
  • Equipped Kitchen | Electric Forced Air Heat & Air
  • Needs Renovation – Separate Septic, Gas & Electric
  • Taxed as Real Estate – No Title Available

LOCATION & AREA ATTRACTIONS

  • 5 Miles to Chariot Run Golf Course
  • South Harrison Park
  • 14 Miles to Downtown Corydon
  • 16 Miles to New Albany, IN
  • 21 Miles to Louisville, KY
  • South Harrison School Corporation

Harrison County REMC (Three Meters)
Indiana Utilities – Natural Gas (Two Meters)
Town of Elizabeth Water (One Meter)
Mainstream Fiber Optic

Posey Township (Annual) — $1,480.16

Homestead — $48,000
Supplemental — $64,275
Over 65 — $14,000

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

0089-007510-00 E PT SW QR 28-4-5, 16 Acres

31-15-28-300-012.000-015

South Harrison School Corporation

DIRECTIONS I-64 to Georgetown Exit #118. West on IN-62 3 miles to left on IN-11. South 11 miles to right on O’Bannon Road. 4/10th mile to auction on the 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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