Item 1
1401 E. Market Street, New Albany, IN
1401 E. Market Street, New Albany, IN
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360 Degrees
1401 E. Market Street, New Albany, IN
Sold
$70,000
Timed Auction
Arts & Craft Bungalow Online Auction
DescriptionDocumentsLocation Map
RESERVE MET Property Will Sell to the Highest Bidder

Charming 960 square foot two bedroom - one bath brick arts and craft bungalow built in 1929 with a covered front porch and an unfinished basement on a fenced corner lot near downtown. Home features a family room with a stunning art pottery tile fireplace, a formal dining room with a swinging door to the equipped kitchen with walk-in pantry, nine-foot ceilings, hardwood floors, a built-in hall cabinet, and home equipped with gas heat and central air. The compact 30’ x 60’ lot is virtually maintenance-free with no grass. A great location centrally located near downtown on the corner of 14th Street with easy access to the Ohio River Greenway and nearby towns. Come be apart of the downtown renaissance!

PROPERTY HIGHLIGHTS
* Near Downtown New Albany
* Craftsman Style Brick Bungalow
* 960 Square Feet + Covered Porch
* Full Basement - Part Crawl
* 2 Bedrooms - 1 Bath
* Art Pottery Tile Fireplace
* Low Maintenance Compact Corner Lot

UTILITIES
Duke Electric
Vectren Gas
American Water
New Albany Sewers

REAL ESTATE TAXES 2018/2019
New Albany Township -- $253.26

EXEMPTIONS
Homestead -- $45,000
Homestead Supplement -- $12,145
Age -- $12,480

NEW ALBANY FLOYD COUNTY SCHOOL CORPORATION
S. Ellen Jones
Scribner Middle
New Albany High

HISTORIC DISTRICT
Property is located within the East Spring Street Historic District, an area which requires any exterior alterations to buildings, demolition or new construction to be reviewed and approved in advance by the city’s Historic Preservation Commission.
Item Updates
BUYERS PREMIUM10% 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 prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction. OPEN HOUSE Tuesday, September 3, 4-6 PM and Tuesday, September 10, 11 AM-1 PM or call for an appointment. DIRECTIONS From State Street in Downtown New Albany head East on E. Market Street 9/10 mile to auction on left at the corner of 14th Street. SELLER Kenneth Stewart Estate
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