ABSOLUTE FLOYD CO. 8.82 ACRES ONLINE AUCTION

BIDDING BEGINS: TUESDAY, APRIL 23 @ 2PM

BIDDING ENDS: TUESDAY, MAY 7 @ 2PM 

2716 HIGHWAY 11, LANESVILLE, IN 47136

Selling with no reserve to the highest bidder, a wooded and secluded 8.82 acre tract selling as a whole  - ideal for homesite and recreational land in an established suburban area of Floyd County. Located just 4 miles West of I-64 Edwardsville Exit and 14 miles NW of Louisville, just minutes down the road from Polly’s Freeze. 

PROPERTY HIGHLIGHTS

8.82 Wooded Acres 

290 Feet Road Frontage x 1325 Feet Deep 

3 Parcels Selling as a Whole 

Homesite Recreational Land 

Suburban Floyd County 

Electric & Water Available At Street

Survey On Record Dated 2000 of Larger Parcel

New Albany Floyd County Schools

4 Miles West of I-64 Edwardsville Exit

4 Miles East of Lanesville off IN-62

14 Miles NW of Louisville, KY

Nearly 9 acres of scenic wooded land gently rolling with a hillside valley in the back, enhanced with the peaceful sounds of a seasonal waterfall. This 3-parcel tract selling as a whole has 290 feet of road frontage and is 1324 feet deep with an average elevation range of 880 feet on the front two parcels, to an average 680 feet elevation on the back parcel. Unlimited outdoor fun, ready for you to explore. Located between Edwardsville and Lanesville just 1 mile off I-62. 

UTILITIES AVAILABLE

Harrison REMC Electric 

Edwardsville Water

REAL ESTATE TAXES (2023 Payable 2024)

Franklin Township (Annual) — $297.52

Parcel 22-01-01-400-087.000-001 — $70.00

Parcel 22-01-01-400-088.000-001 — $70.00  

Parcel 22-01-01-400-030.000-001 — $157.52

DEDUCTIONS (2023 Payable 2024)

None 

FLOOD ZONE 

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

LEGAL DESCRIPTION 

Parcel No. 22-01-01-400-087.000-001

NE 1/4 SW 1/4 14-3-5 - 1.33 Acres (Per Survey) 

Parcel No. 22-01-01-400-088.000-001

NE 1/4 SW 1/4 14-3-5 - 1.33 Acres (Per Survey)

Parcel No. 22-01-01-400-030.000-001 

NE 1/4 SW 1/4 14-3-5 - 6.16 Acres (Per Survey) 

SURVEY

No current survey. A previous survey by Loftus And Associates dated 9/9/2000 is recorded on public record from a larger parcel of land. 

SEPTIC DESIGN SPECIFICATIONS

A  Septic Design Specifications dated 2/20/15  is on record from the Floyd County Health Department and was based on a Jack Coulter Soil Test. Call for details. 

SCHOOL CORPORATION

New Albany-Floyd County Consolidated 

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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

Drive by at your convenience. 

Or contact us for a private showing.

PROPERTY LOCATION

2716 Highway 11, Lanesville, IN 47136

SELLER

Ronald G. Wolfe Jr. 

DIRECTIONS 

From the Edwardsville/Georgetown Exit 118 off I-64 follow IN-62 West towards Lanesville 2.8 miles to a slight left onto Hwy. 11 S. Continue 1 mile to auction on left - just past W. McCarthy Knob Road and Sunny Acres development.