The Ruckman Studio | 1.8-Acre Lot & Buildings Online Auction
2:00 PM *
Thursday, December 4 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
- Monday November 24, 11:00 AM – 1:00 PM
- Thursday December 4, 11:00 AM – 1:00 PM
Or contact us for a private showing.
Seller
Stone Mountain Indiana, LLC
Documents
Selling at online auction a 2,008 square-foot single-level concrete block building and a 22’ x 84’ clear-span pole barn situated on a 1.87-acre tract along Southern Indiana’s Scenic Ohio River Byway (Corydon Pike). Conveniently located just 3.5 miles east of the I-64 Sherman Minton Bridge and downtown New Albany, and 2 miles west of State Road 62 in Edwardsville.
Ideal for storage, a workshop, studio space, or future redevelopment—ready for your vision and renovation.
PROPERTY HIGHLIGHTS
- Located on the Southern Indiana Scenic Ohio River Byway
- 1.87 Acres with 242’ Road Frontage
- 2,008 SF One-Level Concrete Block Building (Built 1950)
- 22’ x 84’ Clear-Span Metal Pole Barn with Overhead Door
- Privacy-Fenced Storage Lot
- Large Open Parking Area
- High Visibility Along Corydon Pike
- Adjacent to Middle Fork Creek
- Current Survey by Ruckman Land Surveyors
- Easy Access to Downtown New Albany
- 3.5 Miles East to I-64 Sherman Minton Bridge
- 2 Miles West to State Road 62 (Edwardsville)
REAL ESTATE OVERVIEW
Zoned (AR) Ag-Residential and surrounded by Neighborhood Commercial properties, this high-visibility site features a 4 room – 1 bath concrete block building with a 22′ × 84′ metal pole barn in the rear. The property has supported multiple uses over the decades and most recently served as The Ruckman Studio, home of local artist David Ruckman. With 242 feet of road frontage overlooking Middle Fork Creek, it offers excellent exposure and versatile potential.
CONCRETE BLOCK BUILDING
- Concrete Block Construction with Metal Roof
- 2,008 Square Feet
- Four Rooms + Kitchen + Full Bath
- Slab Foundation
- Electric Furnace (Condition Unknown) & Woodstove
- 10’ x 22’ Enclosed Porch
- Metal Roof
POLE BARN
- 22’ x 84’ Clear-Span Wood & Metal Structure
- 17’ Ceiling Height
- 12’H x 10’W Overhead Door with Opener
- Sliding Door to Privacy-Fenced Storage Lot
- 21’ x 13’ Loft Area
- Wood Stove
- Gravel Floor
- Metal Roof
Zoned AR Ag- Residential
Duke Energy
Edwardsville Water Company
Septic (Condition Unknown)
New Albany Township (Annual) – $627.18
None
FEMA shows this tract is located in a Flood Zone X, an Area of Minimal Flood Hazard.
Property is being sold per survey dated 10/28/2025 provided by David J.Ruckman.
W1/2 SW1/4 5-3-6 – 1.87 Acres per Survey
22-05-00-500-080.000-007
Directions
From Downtown New Albany take Main Street west to Corydon Pike. Continue west 3.5miles to auction on left or from IN 62 in Edwardsville take Corydon Pike 2 miles to auction on the 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…
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.






























































































