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MIDTOWN NEW ALBANY INVESTMENT PROPERTY AUCTIONS
Listing ID#: 305891
Sale Location |
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New Albany, IN 47150 |
Sale Dates and Times |
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Thursday Mar 12, 2020 Completed |
Sale Type |
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Live Auction |
Company Information |
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Harritt Group Auctions Contact: Douglas Harritt Phone: 812-944-0217 Email: doug@harrittgroup.com Website: harrittgroup.com EstateSale.com ID#: 11645 View company information and listings |
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Listing Terms and Conditions |
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BUYERS PREMIUM
10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS 10% Non-refundable down payment day of auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction. MULTI-PAR BIDDING The multi-par auction method is used to sell multiple parcels of real estate at auction - first offering each tract individually, and then in combinations. The final sales price is determined by the combinations which realize the highest bid. The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid prior to auction day, please call our office for assistance @ 812-944-0217. Our staff will be available on auction day for questions. PERSONAL PROPERTY TERMS Payment by cash or check. Credit card accepted with a 3% convenience fee. |
File Attachments |
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1309-Sales Disclosure
1313 Lead-Based Disclosure
1309 Lead-Based Disclosure
1313 Sales Disclosure Bid Packet |
Listing Information |
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MIDTOWN NEW ALBANY INVESTMENT PROPERTY AUCTIONS THURSDAY, MARCH 12 @ 4PM 1309 & 1313 E. OAK STREET, NEW ALBANY, IN 47150
Selling two classic urban New Albany homes - a bungalow and a shotgun ready for restoration. Both homes are side by side and just minutes to downtown near schools, shopping, and food destinations. Ideal for the investors or house flipper! Bid on one house or both selling multi-par. Also selling a small personal property collection including a vintage moped, paint sprayer, push lawnmower, office furniture and more.
REAL ESTATE (Sells First @ 4PM)
PROPERTY HIGHLIGHTS
Two classic 1200 square foot urban homes located next door to each other, each with large detached garages with rear access. Homes will be offered individually and in combinations. Both properties need a complete renovation and are selling as is.
1309 E. OAK STREET Vintage two-bedroom aluminum siding shotgun home ready to be repurposed with large detached garage on 50’ x 160’ lot. This 1900’s home features 1,208 square feet, covered side porch, a utility cellar, and crawl space. Home includes living room, fireplace with columned mantle and tile hearth in the dining room, wood floors, eat-in kitchen, two bedrooms, a full bath, and large laundry room. The large 1925 square foot detached garage has alley access and includes 6’W x 8’H overhead door, office, workshop, and half bath with separate gas & electric.
1313 E. OAK STREET Classic two-bedroom one-story vinyl siding bungalow with large detached 2-car garage on 49’ x 160’ lot. This circa 1900s home has great potential for modern living space and features 1,237 square feet on one floor, front covered porch, floored attic, a utility cellar, and crawl space. Home includes living room with stick & ball fireplace mantle, original pocket doors and wood floors, dining room, large eat-in kitchen, two bedrooms, a full bath, and a spacious laundry room with pull-down stairs to the attic. A large 1868 square foot brick garage with unlimited potential has two 12’H x 14’W overhead doors accessible by alley, with ample space for storage, and workshop. Garage has separate gas & electric.
UTILITIES AVAILABLE Vectren Gas Duke Energy American Cities Water New Albany Sewers
REAL ESTATE TAXES 2018/2019 New Albany City Annual - $2,510.12 (1309 E. Oak Street) Annual - $2,452.44 (1313 E. Oak Street)
EXEMPTIONS None S. Ellen Jones Elementary Hazelwood Middle New Albany High
PERSONAL PROPERTY (Sells Following Real Estate) Vintage moped, office furniture, Texspray GTX 2000 paint sprayer, push lawnmower, and more.
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BUYERS PREMIUM 10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS 10% Non-refundable down payment day of auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction.
MULTI-PAR BIDDING The multi-par auction method is used to sell multiple parcels of real estate at auction - first offering each tract individually, and then in combinations. The final sales price is determined by the combinations which realize the highest bid. The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid prior to auction day, please call our office for assistance @ 812-944-0217. Our staff will be available on auction day for questions.
PERSONAL PROPERTY TERMS Payment by cash or check. Credit card accepted with a 3% convenience fee.
Thursday, March 5, 4-6 pm & Thursday, March 12, 2-4 PM or call for an appointment.
SELLER Crown Properties 1, LLC State Street to east on Spring Street. 3/4 mile to left on 13th Street. Continue north 2 blocks to right on Oak Street. Auction on left.
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