Item 1
Lot 39 & Lot 40 - Clearstream Court, New Albany, IN
Sold
$12,250
Timed Auction
Absolute Online Building Lot Auction
NO MINIMUM. NO RESERVE.

Two naturally wooded lots selling together as a whole, sitting high and overlooking Holy Run creek in the roadway median in the small quaint neighborhood of Wooded Valley. Conveniently located just minutes from downtown New Albany these lots are zoned for single family residential purposes and protected by restrictions and covenants. The minimum building restrictions include 1650 square feet for a one-story home, 1850 square feet for a 1 1/2 story and 1900 square feet for a two story. The lots combined have 200 feet of road frontage and totals 1.53 acres and includes a natural greenspace preserve. Both lots have the required geotechnical report available.

PROPERTY HIGHLIGHTS

* Two Vacant Single Family Building Lots
* Lot 39 - Wooded 0.818 Acre 100’ Frontage
* Lot 40 - Wooded 0.713 Acre 100’ Frontage
* All Utilities Available At Street
* Protected By Restrictions and Covenants
* Award Winning NAFC School System
* Near Medical & Retail Shopping Corridors
* Easy Access to Expressway

UTILITIES AVAILABLE (At Buyer’s Expense)
Duke Energy
Vectren Gas
Indiana American Water
New Albany City Sewers

REAL ESTATE TAXES 2018/2019
New Albany Township
Lot 39 - Annual $38.44
Lot 40 - Annual $35.70

EXEMPTIONS
None

WOODED VALLEY HOMEOWNERS ASSOCIATION
Annual Fee Per Lot $200.00

FLOOD ZONE
Part of property (road frontage) is located in Flood Zone “A” that may require flood insurance. All building sites are in Zone “C” per recorded plat map.

MINIMUM BUILDING RESTRICTIONS
1 Story - 1650 Square Feet
1 1/2 Story - 1850 Square Feet
2 Story - 1900 Square Feet

NAFC CONSOLIDATED SCHOOL
Green Valley Elementary
Scribner Middle
New Albany High

LEGAL DESCRIPTIONS
2717 Clearstream Court, New Albany, IN
Plat 1069, Lot 39, 0.818 Acre

2719 Clearstream Court, New Albany, IN
Plat 1069, Lot 40, 0.713 Acre

SELLER
Walnut Rental, LLC
Item Updates
BUYERS PREMIUM 10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS 10% Non-refundable down payment in the form of cash, check or wired funds are due within 24 hours following the auction, balance due in 40 days. Taxes and HOA fees prorated to day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction. OPEN INSPECTION Drive by at your convenience. Call auctioneer for details. DIRECTIONS I-265 to State Street Exit #1. North 2/10 mile on Paoli Pike to right on Wooded Valley Drive. 1/10 Mile to left on Clearstream Court to lots on left.