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Uptown Bungalow & Garage Online Auction

BIDDING BEGINS

6:00 PM
Tuesday, May 20  2025

BIDDING ENDS

2:00 PM *
Monday, June 9  2025

*Extended Bidding
ADDRESS

1916 Center Street
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, May 27, 11:00 AM – 1:00 PM
  • Monday, June 9, 11:00 AM – 1:00 PM

Or contact us for a private showing.

Seller

Ronald D. Shewmaker Estate

Personal Representative

Connie M. Swango

Documents

Selling online for the Ronald Shewmaker Estate – family owned for nearly 60 years, a 1920’s one-story bungalow with covered porch, basement and detached two-car garage with alley access in the upper east side of New Albany. Convenient location with easy access to downtown and the tri-city area near a variety of shopping, dining and entertainment options. Ideal for the investor or homeowner.

PROPERTY HIGHLIGHTS

  • One-Story Vinyl Sided Bungalow Built 1929
  • 768 Square Feet on Main Level
  • 1 Bedroom – 1 Full Bath
  • 24’ Covered Front Porch
  • Half Basement with Outside Entrance
  • Two-Car Detached Garage Built 1990
  • 32’ x 136’ Lot with Alley Access
  • New Albany – Floyd County Schools
  • Easy Access to Schools, Area Shopping & Dining
  • Near Bicknell Park and Ohio River Greenway Riverwalk
  • 1.5 Miles to Downtown New Albany

1916 CENTER STREET, NEW ALBANY, IN

A circa 1929 one-bedroom vinyl siding bungalow, with welcoming full width covered front porch, basement and detached garage. The home features 768 square feet of living space on one floor and includes an equipped eat-in kitchen, living and dining rooms with recently painted wood floors, main bedroom with 10’ ceiling, full bath plus a laundry mudroom off kitchen. A 384 square foot unfinished basement is used for storage and utilities with an outside entrance, plus an additional large crawl space. The home has natural gas heat – furnace replaced in 2021 and central air conditioning – unit replaced 2024, and replacement windows. Outside space features a fenced back yard and a two-car detached 24’x 28’ garage built 1990, with alley access on a 32’ x 136’ lot. This home is ready to make your own home or rental property.

Furnace Replaced 2021
Central Air Unit Replaced 2024
Replacement Windows

Electric Duke Energy
Gas Center Point Energy
Indiana American Water Company
Spectrum Cable & Internet Available

New Albany City (Annual) – $654.52

Homestead – $48,000
Supplemental – $22,312
Disabled – $12,480

Reduced Risk Due to Levee Flood Zone

P 258 E 32′ L 29

22-05-02-801-810.000-008

New Albany – Floyd County Consolidated

Directions

Spring Street – east of Vincennes Street, to right on Jay Street to right on Center Street. Auction on the left.

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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