COMMERCIAL REAL ESTATE ONLINE AUCTION 

BIDDING BEGINS: TUESDAY, FEBRUARY 16 @ 2PM

BIDDING ENDS: TUESDAY, FEBRUARY 23 @ 2PM

1413 STATE STREET, NEW ALBANY, IN  47150

Selling online, a renovated three-bedroom 1,352 square foot one level ranch located in the heart of a medical corridor near the hospital, downtown, and expressways. Perfect place for your home, office or both. Zoned Mixed-Use Corridor Commercial.

REAL ESTATE

Move right in! This light and bright three bedroom ranch was thoughtfully designed during renovation to occupy as a home or office. The main living area is separated by sliding wood barn doors to the spacious renovated kitchen, a private bedroom suite is located on the other side of the home with laundry, a sitting area, full renovated bath and an outside entrance, plus two additional bedrooms and a full renovated bath are located off the main hall. The home has wood and tile floors, new carpet in the bedroom suite, freshly painted walls, new doors and windows, new siding, new roof and foam insulation.

Home is equipped with gas heat and central air conditioning and sits on a 42’ x 140’ lot with a 35’ x 60’ gravel parking lot in the rear with alley access. Property is zoned Mixed-Use Corridor Commercial. 

Located in a residential and commercial corridor near downtown in Floyd County, this home is easily accessible to shopping, restaurants and expressways. 

PROPERTY HIGHLIGHTS

Zoned Mixed-Use Corridor Commercial 

Lot 42’  x 140’ with Alley Access

1352 Square Foot One Level Ranch

3 Bedrooms - 2 Full Baths 

Recently Renovated 

35’ x 60’ Parking Lot in Rear

1/3 Mile South of Baptist Floyd Hospital 

Conveniently Located Minutes to Expressways and Downtown

UTILITIES 

Vectren Gas

Duke Electric

Indiana American Water

New Albany City Sewers

REAL ESTATE TAXES 2019/2020

Annual (New Albany City) -- $1,509.30

DEDUCTIONS 2019/2020

None 

PARCEL 

Parcel #22-05-03-400-316.000-008

Parcel #22-05-03-400-315.000-008

SCHOOLS

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

10% Non-refundable down payment in the form of cash, check, or wired funds are due within 24 hours following the auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet. 

OPEN INSPECTION

Tuesday, February 16 & February 23, 11AM-1PM or Contact Us for a Private Showing.

SELLER

Wm. Larry & Judy Green 

DIRECTIONS 

I-265 to State Street Exit #1. South 1.3 miles to property on right just past Pediatrics Care Building near Lewis Street.