Real Estate — $151,800
6:00 PM *
Wednesday, August 24
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, an incoming producing duplex with two 1-bedroom 1-bath units in the heart of the revitalized downtown Jeffersonville near shopping, dining and entertainment. One unit recently renovated and occupied – one unit currently vacant needing renovation. Monthly income potential $1,200.
- Downtown Duplex
- Monthly Income Potential $1,200
- Each Unit 494 Square Feet
- Unit 237 – Renovated February 2022
- Includes Range, Refrigerator & Window Air Conditioner
- Unit 235 – Vacant – Needs Renovated
- Natural Gas Heat
- Built 1940 on 60’ x 40’ Lot with Rear Parking
- Easy Access to Big Four Walking Bridge
- 1 Block East of Spring Street
Rental Income – $600 Per Unit
Damage Deposit – $600
Tenant Pays All Utilities (Landlord Pays Sewer – Tenant Reimburses)
Unit 237 – Occupied – Lease Expires March 1, 2023
Unit 237 – Tenant Move-In Date March, 2022
Unit 235 – Vacant
Electric – Duke Electric
Gas – CenterPoint Gas
Water – Indiana American Water
Sewer – Jeffersonville Sewers
Jeffersonville City – IFW (Annual) – $936.00
FEMA records indicate that the property is not in a flood zone.
Lot Pt 123 BLK J
Greater Clark County
Court Avenue to south on Spring Street. 2 blocks to left on E. Chestnut Street to right on Wall Street. Property on right.