ABSOLUTE FORECLOSURE HOME & LAND AUCTION

SATURDAY, AUGUST 22, 2020 @ 10AM

5974 BUTTONTOWN ROAD, GREENVILLE, IN 47124

A live onsite Public Sheriff’s Auction selling a spacious two-story brick home with unfinished basement, inground pool, and attached garage on 10 acres in Floyd County with an additional 21.87 acres selling concurrently. Each tract will sell individually to the highest bidder, with no grouping or multi-par. Conveniently located 8 miles West of I-64 just minutes from Hwy. 150 near the heart of Greenville. Great opportunity to own this country home or a vacant tract of land to build your dream home. 

PROPERTY HIGHLIGHTS

• Selling Absolute To The Highest Bidder 

• Located South of Hwy. 150 near Old Vincennes Road

• Brick Traditional Two Story Home Built 1984

• 10 Private Acres in Floyd County - Open and Level 

• Additional 21.87 Acres Available

• 4087 Square Feet Finished 

• 3 Bedrooms - 3 Full Baths - 1 Half Bath 

• 1848 Square Feet Unfinished Basement with Utility Garage

• Inground Pool 

• Attached 2-Car Garage with Finished Studio

• Circle Drive with Easement Access 

• 10 Minutes to Floyd Central High School 

• 8 Miles to I-64 Greenville Exit #119  

TRACT 1 - HOME ON 10 ACRES

Selling to the highest bidder, pursuant to Indiana Code 32-29-7 per Floyd County Circuit Court Cause# 22CO1-1902-MF-000201 for the Sheriff of Floyd County, the property commonly known as 5974 Buttontown Road, Greenville, IN 47124 on a 10-acre tract known as Part of NE 1/4 Section 8 Township 2South Range 5 East improved with a 2 story brick home with inground pool, accessed via easement selling in as-is condition for a Sheriff’s deed. 

A stately one-owner brick traditional home built in 1984 with two large covered porches, nestled on 10 acres in suburban Floyd County. The 4,087 square foot home boasts spacious rooms including a grand center entrance with sweeping staircase, kitchen with island breakfast bar, a light-filled dining area with adjacent fireside room, a formal dining room, living room with fireplace, half bath, and a study with built-in bookcases and hidden door on the first floor. 

The second floor features three bedrooms and three baths, including the main bedroom with a large dressing room, closet space, and dual baths plus a large upper covered porch overlooking the surrounding countryside. The unfinished basement has 1848 square feet and includes a laundry area with a deep sink and a utility overhead door. The home has LP gas heat and central air. 

In addition, the two-car attached garage has a 16’ x 35’ finished studio on the second floor, an inground pool in a private backyard, and a circular drive with easement access through a gated entrance. 

Home and grounds await your attention, selling in as-is condition with no reserve to the highest bidder. 

SELLER Floyd County Sheriff Frank Loop 

TRACT 2 - 21.87 ACRES 

A vacant open and level 21.87 acres, divided into two parcels located in front of and behind the home. The front parcel is 11.21 Acres with 395’ road frontage on Buttontown Road with a gated brick entrance and a paved driveway granting ingress and egress easement access to the home tract. The back parcel is 10.66 Acres with no deeded or easement access. This 21.87-acre tract will be sold as a whole and offered immediately following the Sheriff’s Auction of Tract 1. The land will be sold with no reserve to the highest bidder. 

SELLER  Rebecca Philpott 

AUCTION ORDER 

Each tract will sell individually with no grouping or multi-par. 

Tract 1 - Home on 10 Acres with Easement Access
Tract 2 - 21.87 Acres, 2 Separate Parcels, 395’ Road Frontage on Front Parcel Only 

UTILITIES

Tract 1 - Home on 10 Acres 

Harrison County REMC

Greenville Water

LP Gas (Tank Owned) 

Septic 

REAL ESTATE TAXES 2019/2020 Annual

Greenville Township 

Tract 1 - Home on 10 Acres $3,476.44

Tract 2 - 21.87 Acres  $225.70

EXEMPTIONS 2019/2020

Tract 1 - Home on 10 Acres

Homestead  $45,000

Homestead Supplement  $116,935

Mortgage  $3,000

NEW ALBANY FLOYD COUNTY SCHOOLS

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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
DOWN PAYMENT Non-refundable down payment in the amount of $40,000 (TRACT 1) and $20,000 (TRACT 2) payable in the form of Cashier’s Check, due immediately following the auction with the signing of the purchase agreement. TAXES Buyer to assume Fall 2019 taxes due Fall 2020, and all subsequent taxes due after the delivery of the deed. CLOSING shall be 30 calendar days from the day of auction or sooner. POSSESSION to be given day of closing with the deed. SELLING AS-IS, WHERE IS with no representations or warranties either express or implied of any kind including any representation or warranty as to the condition, habitability, or fitness for a particular purpose of the Real Estate. The property is selling without contingencies, all inspections welcomed prior to the auction. NOTE: Water is currently turned off and will not be on for inspections. 

OPEN INSPECTION

Schedule online or call the office in advance for designated showing time for the open inspection. Or contact us for a private showing.

• Thursday, August 13, 4 PM - 6 PM

• 8 AM Day of Auction 

DIRECTIONS 

I-64 to Greenville Hwy. 150 Exit #119. West 7.5 miles to left on Buttontown Road. Continue 0.8 miles to auction on left.