LANESVILLE MAIN STREET BRICK RANCH ONLINE AUCTION

BIDDING BEGINS: TUESDAY, NOVEMBER 19 @ 2PM

BIDDING ENDS: TUESDAY, DECEMBER 3 @ 2PM 

6975 MAIN STREET NE, LANESVILLE, IN 47136

Selling online for the David McDonald Estate, a one level 2,108 square foot 4 bedroom - 2 bath brick ranch built in 1975 with attached two-car garage on 2.60 acres. Located in historic downtown Lanesville  on Hwy 62 between Corydon & Edwardsville just 2.5 miles from the I-64 Lanesville exit. 

PROPERTY HIGHLIGHTS

2.6 Level Acres in Harrison County

242 ± Feet Road Frontage on Hwy. 62

Brick Ranch Built 1975

2,108 Square Feet on One Level 

4 Bedrooms - 2 Full Baths - 2 Fireplaces

Attached Two Car Garage

Briggs & Stratton LP Gas Generator 

Utility Shed 10' x 18’

Composite Deck with Pergola Frame 

Lanesville Community Schools

8.5 Miles East of Corydon

6.5 Miles West of Edwardsville

A spacious one level brick ranch nestled behind a grove of pines on an open and wooded 2.60 acre lot in the quaint town of Lanesville, is being offered for the first time at auction.  

The home - built in 1975 on a crawl space, features a living room with wood burning creekstone fireplace, an eat-in kitchen with stainless steel appliances and oak raised panel cabinets in need of a countertop upgrade, with an equipped laundry mudroom nearby. There are four large bedrooms and two full baths - including the primary bedroom suite with full bath and three additional bedrooms - one with a fireplace currently used as a family room. The home is furnished with oil heat, central air conditioning and has a Briggs & Stratton LP gas back up generator.  

So whether this home is a primary residence or investment property, it offers a great Harrison County location in a small rural town - all just minutes from the interstate. 

UTILITIES AVAILABLE

Duke Electric 

Lanesville Water

LanesvIlle Sewer

Lanesville Sanitation 

Fuel Oil (Tank Owned by Seller)

LP Gas (Tank Leased from Farrell Gas)

REAL ESTATE TAXES (2023-2024)

Franklin Township (Annual) — 1,130.42

DEDUCTIONS (2023/2024)

Homestead — $48,000

Supplemental — $81,750

Veteran Partial Disability — $24,960

FLOOD ZONE 

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

PARCEL & LEGAL DESCRIPTION

31-11-19-477-001.000-005

003-00612-00 PT SE QR 19-3-5; 1.280 ACRES 

31-11-19-476-003.000-006

017-00158-00 GREEN ACRES SUB DIV; INLOT 6; INLOT 7 } .86; PT SE QR; 19-3-5 } .46 } 1.32 TOTAL

SCHOOL CORPORATION

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 (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

Tuesday, November 19, 11:00 AM - 1:00 PM

Tuesday, December 3, 11:00AM - 1:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION

6975 Main Street NE, Lanesville, IN 47136

SELLER

David Norwood McDonald Estate

PERSONAL REPRESENTATIVE

James Rakes

ESTATE ATTORNEY

Micheal Maschmeyer

DIRECTIONS 

I-64 to Lanesville Exit 113 to South on Crandall Lanesville Rd. Continue 2.2 miles to right on IN-62 W. Main Street. 0.2 miles to auction on the left.