041321 Dewey Street Online RE Featured Overlay

Uptown Income Producing Duplex Online Auction

SOLD

Real Estate — $105,600

Premium Included

STARTING DATE

2:00 PM
Tuesday, April 6

ENDING DATE

2:00 PM *
Tuesday, April 13

*Extended Bidding
LOCATION

1412 Dewey 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) in the form of cash, check, or wired funds are due within 24 hours following the auction, balance due in 40 days for clear title. Taxes prorated to the day of closing. Possession at closing per tenant’s rights. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet.

Inspection

Monday, April 12, 4PM – 6PM

Seller

Patricia Tucker Estate

Attorney

J. Scott Water, IV
Special Personal Representative

Documents

Selling online to settle the Estate of Patricia Tucker, an income producing two-story duplex located just off East Main Street in Uptown New Albany in an area of renovation.

PROPERTY HIGHLIGHTS

  • Income Producing Property
  • Uptown New Albany Location
  • Two Story 1776 Square Foot Duplex
  • One Bedroom One Bath Unit Per Floor
  • Seperate Gas & Electric Paid by Tenant
  • $875.00 Monthly Income Potential
  • Minutes to Downtown & Expressways

Attention Investors! Two story vinyl siding duplex with 1776 square feet on a 34’ x 173’ lot located just off Main Street behind the recently renovated The Mansion on Main Assisted Living Community and Earth First.

This circa 1929 duplex home has one rental unit per floor – each having one bedroom, one bath, living room and kitchen. Each unit is equipped with a refrigerator and range, natural gas heat and central air. Tenants pay their own gas and electricity, the owner pays water and sewer. Potential monthly rental income of $875.00. Currently units are rented month to month. Ground level unit rents for $500 – will become vacant May 1st. Upper level unit rents for $375.00.

Duke Energy
Vectren Gas
Indiana American Water
New Albany City Sewers

New Albany City (Annual) — $1,077.90

Part of Block 15 of the Whitehill Tract, Plat No. 173

22-05-02-801-390.000-008

New Albany Floyd County Schools

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.

Directions

From State Street in New Albany, head east on Main Street 8/10 mile to right on E. 13th Street to left at the 1st cross street onto Dewey Street. Home on right.

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