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Isenberg Wall Street Duplex Online Auction

SOLD

Real Estate — $151,800

Premium Included

STARTING DATE

6:00 PM
Wednesday, August 17

ENDING DATE

6:00 PM *
Wednesday, August 24

*Extended Bidding
LOCATION

235-237 Wall Street
Jeffersonville, IN 47130

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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

Inspection by appointment only. 24 hour notice required.

Seller

WPI Properties, LLC
William Patrick Isenberg Estate

Personal Representative

Nancy Isenberg

Estate Attorney

J. Scott Waters

Documents

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.

PROPERTY HIGHLIGHTS

  • 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

10-19-00-103-306.000-010

Greater Clark County

Directions

Court Avenue to south on Spring Street. 2 blocks to left on E. Chestnut Street to right on Wall Street. Property on right.

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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