LANESVILLE 1960’s RANCH HOME ONLINE AUCTION
BIDDING BEGINS: TUESDAY, AUGUST 9 @ 6PM
BIDDING ENDS: TUESDAY, AUGUST 16 @ 6PM
7418 ZOLLMAN DRIVE NE, LANESVILLE, IN 47136

Selling online for Edward Gaubatz, a three-bedroom ranch with basement, family room addition with screened-in porch and attached garage in the small town of Lanesville located on a dead-end street near IN-62 - the Scenic Ohio River Byway just 5 minutes to I-64. 

PROPERTY HIGHLIGHTS

Town of Lanesville - Harrison County IN
Brick & Cedar Ranch Built 1961
Attached 1-Car Garage
Unfinished Basement 
First Floor - 1312 Square Feet 
Lower Level - 1056 Square Feet 
3 Bedrooms - 1 1/2 Baths 
Family Room with Wood Stove 
Rear Screened Porch 
Lanesville Community Schools
Six Blocks From Main Street
3 Miles to I-64 Lanesville Exit 

Cottage-like in its coziness, this ranch-style home with basement and garage includes a number of details inside and out that makes it loaded with inspiration. The exterior offers great curb-appeal with the different materials of brick, cedar shake & cedar siding with a variety of textures and patterns, as well as an inviting entrance to the home with its covered porch. 

The interior’s main floor has 3 bedrooms (wood floors under carpet) and 1 1/2 baths, a spacious front room with large windows - currently used as the owner’s music room with an adjacent dining area off the kitchen with a breakfast bar and a pass-through opening  to the family room. 

The family room has a wood beamed ceiling, barnwood walls with a built-in window bench and bookcase, a creekstone hearth with wood stove and french doors to a screened-in porch. The laundry mudroom located off the kitchen is adjacent to the attached one-car garage and leads to the unfinished basement. The home is equipped with electric cable heat and central air. 

The level 0.130 acre lot is located on a dead-end street just off St. Johns Church Road NE - six blocks from Main Street - in the desirable Lanesville School District in Franklin Township of Harrison County, Indiana. Home of the Lanesville Heritage Festival! 

ABOUT LANESVILLE 

Lanesville is a small farm town founded in 1807 known for its famous landmark on the east end of town - the Heritage Mail Pouch Tobacco Barn repainted in 1993 by Harley Warrick and totally renovated in 2009. The community known for its annual festival of the Lanesville Heritage Weekend will be celebrated this year the week of September 8-11. 

UTILITIES
Duke Electric 
Lanesville Water 
Lanesville City Sewers

REAL ESTATE TAXES (2021/2022)
Franklin Township  (Annual) – $1,030.20

DEDUCTIONS (2021/2022)
Homestead – $45,000
Supplemental – $44,765

FLOOD ZONE 
FEMA records indicate that the property is not in a flood zone.

LEGAL DESCRIPTION
017-00078-00 Zollman Add Pt 3-.02, Pt 2-.02, Pt 4-.09, Pt 3 Pt 4-.02

PARCEL
31-11-20-401-006.000-006

SCHOOLS
Lanesville Community 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
A non-refundable down payment (10% of the purchase price) 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.

OPEN INSPECTION
Tuesday, August 9, 5PM - 7PM 

Or contact us for a private showing.

PROPERTY LOCATION
7418 Zollman Drive NE, Lanesville, IN 47136

SELLER
Edward J. Gaubatz 

DIRECTIONS 
I-64 to Lanesville Exit # 113. South on Crandall Lanesville Road NE 2.2 miles to left on IN-62/Main Street/Ohio River Scenic Byway. East 0.4 mile to right on St. Johns Church Road NE. Continue  0.2 mile to left on Zollman Drive. Home is the 2nd house on left.