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Mid-City New Albany Ranch Home | Online Auction

BIDDING BEGINS

2:00 PM
Wednesday, July 1  2026

BIDDING ENDS

2:00 PM *
Wednesday, July 22  2026

*Extended Bidding
ADDRESS

1849 McDonald Lane
New Albany, IN 47150

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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, July 7, 5:00 PM – 7:00 PM
  • Wednesday, July 22, 11:00 AM – 1:00 PM

Or contact us for a private showing.

Seller

Brian J. Beck
Donna Wimbec

Documents

Selling at online auction for the family of the Margaret (Mann) Speaker Estate, this updated 1970s ranch home features three bedrooms, two full baths, a full basement, car shed, spacious patio, gazebo and circular driveway on a beautifully landscaped lot. Conveniently located in Floyd County just minutes from the I-265, the northside shopping and business corridors, and downtown New Albany. Ideal for primary residence or investment.

PROPERTY HIGHLIGHTS

  • Brick & Hardboard Ranch Built 1973
  • 3 Bedrooms – 2 Full Baths
  • 1,092 Square Feet on Main Level
  • Full Unfinished Basement
  • 20’ x 20’ Concrete Patio
  • Metal Hardtop Gazebo
  • Chain Link & Privacy Fenced Yard
  • Landscaped 2/10 Acre Lot
  • 120± Feet Road Frontage
  • 11’ x 22’ Open Car Shed
  • Concrete Circular Driveway
  • Centrally Located Just 1 Mile from I-265

Talk About Convenience

Move-in ready and thoughtfully updated, this home offers a refurbished kitchen, updated bathrooms, replacement windows, and newer roof, while the full basement offers room for storage or future expansion. The landscaped lot features a circular driveway for easy parking, a private fenced backyard, and a spacious concrete patio with a metal hardtop gazebo – ideal for outdoor gatherings.

HOME DETAILS

  • Refurbished Eat-In Kitchen
    • Oak Raised Panel Cabinets
    • Stainless Appliances
    • Built-In Buffet Serving Station
    • Tile Flooring
  • Main Bedroom Suite with Full Bath
  • Bedrooms with Mirrored Closet Doors
  • Updated Bathrooms with Tile Flooring
  • Crown Moulding & Ceiling Fans
  • Equipped Laundry in Lower Level
  • Iron Security Doors
  • Gas Heat & Central Air
  • Gas Hot Water Heater
  • Poured Concrete Basement

HOME IMPROVEMENTS

  • Roof 1 Year Old
  • Gutter Guards
  • Gilkey Replacement Windows
  • 5-Foot Tall Chain Link Fence
  • 9’ x 11’ Hardtop Gazebo
  • Manual Transfer Switch for Portable Generator
  • Landscaped Lot with Flower Garden
  • Concrete Circular Driveway

Duke Energy
CenterPoint Gas
Indiana American Water
New Albany Municipalities Sewers

New Albany City (Annual) – $488.30

Homestead – $48,000
Supplemental – $44,200

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

Survey Dated 2012 by Kevin Johnson for the City of New Albany

62 ILL. GNT. L. 1 – 0.204 ACRE

22-05-06-200-131.000-008

New Albany – Floyd Consolidated Schools

Directions

Grant Line Road to McDonald Lane (across from Community Park). East 0.4 mile to auction 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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