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Downtown Commercial-Residential Zoned Building Online Auction
Listing ID#: 710909
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New Albany, IN 47150 |
| Sale Dates and Times |
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Bidding Starts: Thursday Aug 1, 2:00 PM Bidding Ends: Thursday Aug 15, 2:00 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 (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. |
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DOWNTOWN COMMERCIAL-RESIDENTIAL ZONED BUILDING ONLINE AUCTION BIDDING BEGINS: THURSDAY, AUGUST 1 @ 2PM BIDDING ENDS: THURSDAY, AUGUST 15 @ 2PM 413 W. 1ST. STREET, NEW ALBANY, IN 47150
Selling online a prime downtown New Albany 1,904 square foot building, formerly the law office of the Honorable Judge James B. Hancock. This property is located just 1⁄2 block north of the Floyd County Courthouse, in a pedestrian-oriented environment just minutes to I-64 Sherman Minton Bridge.
PROPERTY HIGHLIGHTS
- Prime Downtown Southern Indiana Location - 2-Story Brick & Siding Building - 1st Floor - 1,136 Square Feet - 2nd Floor - 768 Square Feet - 5 Offices - Conference Room - 2 Baths - Rear Paved Parking Lot with Alley Access - Zoned Downtown District (D) - Area of Commercial & Governmental Growth - ½ Block North of Floyd County Courthouse - Near New Albany’s Restaurant District - Minutes to I-64 Sherman Minton Bridge - 5 Miles to Downtown Louisville - Unlimited Potential
Located in the downtown district with an array of local restaurants, government office buildings and businesses nearby, this turn of the twentieth century two-story siding building with brick addition features 1,136 square feet on the first floor, 768 square feet on the second floor, stairs to a 3rd floor attic and a partial utility basement on a 25’ x 110’ lot. The property includes a 25’ x 37’ paved parking lot with rear alley access - adjacent to the Floyd County Library. The building has gas heat, central air plus 2 window air conditioning units upstairs. Unlimited potential, ready to use or renovate to meet your business or personal needs.
All furniture and equipment included except burgundy leather sofas & chairs.
FIRST FLOOR
1136 Square Feet Waiting Room Receptionist Area 3 Offices Half-Bath Front, Rear & Side Entrances Rear Accessible Ramp
SECOND FLOOR
768 Square Feet Conference Room Built-In Bookcases 2 Offices Half-Bath
ZONED DOWNTOWN DISTRICT The Downtown (D) District is intended for the expansion of residential, employment, Governmental, and recreational uses currently found within the downtown area to continue its revitalization and create a high-quality pedestrian-oriented environment. Commercial uses, office space, residential uses, and compatible light industrial uses are appropriate in this district. *Chapter 4 Page 14-15 in New Albany Zoning Ordinance https://cityofnewalbanycom.s3.amazonaws.com/wp-content/uploads/2019/05/FINAL-New-Albany-Zoning-Ordinance-2019-02-14.pdf
NEARBY BUSINESS DISTRICT The Floyd County Library Floyd County Courthouse New Albany Police Department Floyd County Sheriff’s Department Lee Hamilton Federal Courthouse
AREA FEATURES
UTILITIES Duke Energy CenterPoint Gas Water Indiana American Water New Albany Municipalities Sewers
REAL ESTATE TAXES (2023-2024) New Albany City (Annual) — $2,562.10
FLOOD ZONE FEMA Protected by Levee
LEGAL DESCRIPTION P. 168 N 25' OF S 26' L.26 TIF
PARCEL 22-05-00-200-807.000-008
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 Thursday, August 1, 11:00 AM - 1:00 PM Thursday, August 15, 11:00 AM - 1:00 PM
Or contact us for a private showing.
PROPERTY LOCATION 413 W. First Street, New Albany, IN 47150
SELLER James B. Hancock
DIRECTIONS From Downtown take State Street to W. Spring Street to right on West 1st Street. Property on left.
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