FLOYDS KNOBS HOME & OUTBUILDINGS ONLINE AUCTION

BIDDING BEGINS: MONDAY, FEBRUARY 12 @ 2PM

BIDDING ENDS: MONDAY, FEBRUARY 26 @ 2PM

5610 SMITH ROAD, FLOYDS KNOBS, IN 47119

Selling online, a spacious 2,144 square foot berm style 3 bedroom-2 bath home with sunroom and enclosed patio, a 640 square foot living area mini barn with second drive, carport and  3 mini storage barns. Located on a natural landscaped 8/10 acre lot in Floyds Knobs, just one mile to Hwy. 150 and four miles to I-64. 

REAL ESTATE

This vinyl sided one level home built in 1981 sits on an 8/10 acre lot in Floyds Knobs, blending seamlessly into its natural surroundings with mature trees. The earth-sheltered design not only gives it a unique appearance but also makes it naturally energy efficient. 

The 2,144-square-foot home boasts a spacious living area with a wood-burning fireplace, an equipped eat-in kitchen, dining room with bay window, three bedrooms including two non-conformng bedroom suites, laundry utility room plus a sunroom and enclosed patio offering ample natural light. The home has LP gas heat, central air and is equipped with a generator interlock switch & plug — ready to go for an outside portable generator. Recent improvements include roof and LVP flooring in 2021 and  furnace in 2019. 

The 640-square-foot two room mini barn on the grounds is equipped with electric, water, and tied into the home’s septic system. The structure, previously used as a temporary home for a family member, is in need of renovation. Roof was replaced in 2017. 

Additional outdoor space includes a freestanding deck overlooking the wooded backyard, three mini barns - a 12’ x 20’ , a  9’ x 21’ and a 18‘ x 12‘ shed - each with electric and water hookups and a 16’ x 20’ x 9’ metal carport. The lot has 100 feet of road frontage with an average depth of 350 feet.

Great location off Stiller Road in Floyd County just minutes to shopping, medical and schools. Please note that an additional mini barn shed on the grounds will be sold separately at an online auction.

PROPERTY HIGHLIGHTS

Floyds Knobs 8/10 Acre Lot 

2,144 Square Foot Berm Style One Level Home Built In 1981

3 Bedrooms - 2 Baths 

Large Living Room With Wood Burning Fireplace 

12’ x 12’ Sunroom with Vaulted Ceiling 

16’ x 16’ Enclosed Patio With Metal Roof 

Equipped 640 Square Foot Mini Barn Built In 2003

Metal Carport

3 Mini Barn Sheds

Floyd County Consolidated Schools

Easy Access to Shopping, Schools & Expressways

8 Miles to Downtown New Albany 

UTILITIES 

Greenville Water

Harrison County REMC

LP Gas (Seller Owns Tank) 

REAL ESTATE TAXES (2022 - 2023)

Lafayette Township (Annual) — $2,230.78

DEDUCTIONS (2022-2023)

Homestead — $45,000

Supplemental — $60,025

FLOOD ZONE 

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

LEGAL DESCRIPTION

NE1/4; SW1/4; 12-2-5; .80 AC.

PARCEL

22-04-01-200-107.000-006

SCHOOL CORPORATION

New Albany-Floyd County Consolidated 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 (Final Bid + Buyer’s Premium), 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

Monday, February 12, 11AM - 1PM

Monday, February 26, 11AM - 1PM

Or contact us for a private showing.

PROPERTY LOCATION

5610 Smith Road, Floyds Knobs, IN 47119 

SELLER

Martin F. Bachman

DIRECTIONS 

I-64 to Greenville Hwy. 150 Exit# 119. West 3.7 miles on Hwy. 150 to right on Stiller Road. 1/2  mile to the right on Smith Road. 2/10 mile to auction on the left.