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Isenberg Wall Street Duplex Online Auction
Listing ID#: 530221
Sale Location |
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Jeffersonville, IN 47130 |
Sale Dates and Times |
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Bidding Starts: Wednesday Aug 17, 6:00 PM Bidding Ends: Wednesday Aug 24, 6:00 PM |
Sale Type |
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Online Auction VIEW ONLINE CATALOG |
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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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 in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Buyer to assume Spring 2022 Taxes due Spring 2023. 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 per tenant’s rights. See full details in the Auction Bid Packet. |
Listing Information |
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ISENBERG WALL STREET DUPLEX ONLINE AUCTION BIDDING BEGINS: WEDNESDAY, AUGUST 17 @ 6PM BIDDING ENDS: WEDNESDAY, AUGUST 24 @ 6PM 235-237 WALL STREET, JEFFERSONVILLE, IN 47130
Selling online for the Estate of Pat Isenberg, an incoming producing duplex with two 1-bedroom 1-bath units in the heart of the revitalized downtown Jeffersonville near shopping, dining and entertainment. One unit recently renovated and occupied - one unit currently vacant needing renovation. Monthly income potential $1,200.
PROPERTY HIGHLIGHTS Downtown Duplex Monthly Income Potential $1,200 Each Unit 494 Square Feet Unit 237 - Renovated February 2022 Includes Range, Refrigerator & Window Air Conditioner Unit 235 - Vacant - Needs Renovated Natural Gas Heat Built 1940 on 60’ x 40’ Lot with Rear Parking Easy Access to Big Four Walking Bridge 1 Block East of Spring Street
RENTAL INCOME Rental Income – $600 Per Unit Damage Deposit – $600 Tenant Pays All Utilities (Landlord Pays Sewer - Tenant Reimburses) Unit 237 - Occupied - Lease Expires March 1, 2023 Unit 237 - Tenant Move-In Date March, 2022 Unit 235 - Vacant
UTILITIES Electric – Duke Electric Gas – CenterPoint Gas Water – Indiana American Water Sewer – Jeffersonville Sewers
REAL ESTATE TAXES (2021/2022) Jeffersonville City - IFW (Annual) – $936.00
DEDUCTIONS (2021/2022) None
FLOOD ZONE FEMA records indicate that the property is not in a flood zone.
LEGAL DESCRIPTION Lot Pt 123 BLK J
PARCEL 10-19-00-103-306.000-010
SCHOOL CORPORATION Greater Clark County
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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. Buyer to assume Spring 2022 Taxes due Spring 2023. 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 per tenant’s rights. See full details in the Auction Bid Packet.
PROPERTY LOCATION 235-237 Wall Street, Jeffersonville, IN 47130
INSPECTION Inspection by appointment only. 24 hour notice required.
SELLER WPI Properties, LLC William Patrick Isenberg Estate
PERSONAL REPRESENTATIVE Nancy Isenberg
ESTATE ATTORNEY J. Scott Waters
DIRECTIONS Court Avenue to south on Spring Street. 2 blocks to left on E. Chestnut Street to right on Wall Street. Property on right.
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