Isenberg Allison Lane Cottage Online Auction
Real Estate — $90,750
6:00 PM *
Tuesday, August 23
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. Buyer to receive clear title. Buyer to assume Spring 2022 Taxes due Spring 2023. 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 per tenant’s rights. See full details in the Auction Bid Packet.
Inspection by appointment only. 24 hour notice required.
WPI Properties, LLC
William Patrick Isenberg Estate
J. Scott Waters
Selling online for the Estate of Pat Isenberg, a 1940’s one level two bedroom – one bath cottage located near Utica Pike – just minutes to downtown. Tenant occupied with $750.00 monthly income.
- Vinyl Siding Cottage Built 1947
- Monthly Rental Income $750
- 676 Square Feet on One Level
- 2 Bedrooms – 1 Bath
- Range & Refrigerator
- Natural Gas Heat – Central Air
- Storage Shed
- 0.2347 Acre Lot
- Greater Clark County School Corp.
- South 1. 6 Miles from E. 10 Street
- North 3/4 Mile from Utica Pike
- Near Duffy’s Landing & Downtown
Rental Income – $750.00
Annual Lease – Expires January 1, 2023
Tenant Pays All Utilities (Sewer Bill Included in Taxes)
Current Tenant Move-In Date January, 2021
Electric — Duke Electric
Gas — CenterPoint Energy
Water — Indiana American Water
Sewer — Oak Park Conservancy
Jeffersonville City – OFW (Annual) – $1,500.00
Oak Park Conservancy Sewers – $315.70
FEMA records indicate that the property is not located in the flood zone.
GT 4; REM 0.2347 AC by Survey.
Greater Clark County
East 10th Street to Allison Lane (Ohio River Scenic Byway). South 1.6 miles to property on right. Or 3/4 mile North of Utica Pike.
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.