
Industrial Zoned 1 Acre | Home & Garage Online Auction
2:00 PM *
Tuesday, June 24 2025
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.
Reserve
Sells Subject to Seller Confirmation
Open House
Tuesday, June 10, 11:00 AM – 1:00 PM
Or contact us for a private showing.
Seller
Jarrett J. Hamilton Estate
Personal Representative
John Hamilton
Estate Attorney
Justin Endres, Attorney
Young Lind Endres Kraft Law Offices
Documents
Selling online at auction for the Jarrett Hamilton Estate, a 0.9795-acre industrial-zoned property with a 1950s one level ranch home, plus a 24’ x 48’ detached two-car garage with loft in a prime New Albany industrial corridor. A high traffic location – just minutes from I-265 Grant Line Road, about 15 minutes north of Louisville, KY. Property in need of renovation and cleanup. Auction with a motivated seller – outstanding value opportunity!
PROPERTY HIGHLIGHTS
- Prime Floyd County Industrial Corridor
- 0.9795 Acre Zoned Industrial
- 1950’s Vinyl Siding One-Level Ranch Home
- 1,176 Square Feet
- 3 Bedrooms – 1 Bath – Laundry Room
- Detached 2-Car Garage (24’ x 38’) with Loft
- 117’ of Road Frontage
- Easy Access to I-265, I-65 & I-64
- Just 11 Miles to Downtown Louisville, KY
- Near Indiana University Southeast & Grant Line Road Shopping Corridor
519 HAUSFELDT LANE, NEW ALBANY
A home ready for rehab, this 1,176-square-foot, vinyl-sided ranch built in 1953, offers 3 bedrooms and 1 bathroom on a crawl space. The home is currently not in livable condition and is selling as-is with all contents included. A natural gas furnace and central air unit are present, though their operating condition is unknown. Also on-site is a detached 24’ x 38’ two-car garage with a loft, on a nearly one acre level lot with 117 feet of road frontage and an average depth of approximately 400 feet. The back NE point of the lot is located in Flood Zone A.
So whether you’re a savvy investor or a buyer seeking value and willing to renovate, this is your opportunity to invest in a prime location with easy access to downtown New Albany and Louisville KY.
New Albany City Sewers
Indiana American Water Company
Duke Energy
Center Point Energy
Spectrum Cable
New Albany Township (Annual) – $1,026.20
Homestead – $48,000
Supplemental – $39,038
FEMA Zone X
FEMA Zone A (NE Point in Rear)
SW1/4 14-2-6 0.9795 Acre
22-05-01-400-011.000-007
New Albany – Floyd County Consolidated
Directions
I-265 to Grantline Rd Exit 3. North 2/10 mile to left on Hausfeldt Lane. 6/10 mile to property on right just past Park East Blvd.
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.
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.





















































