Item 1
6505 Highway 111, New Albany, IN
Item Is Closed 6505 Highway 111, New Albany, IN
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360 Degrees
6505 Highway 111, New Albany, IN
Sold
$61,500
Timed Auction
Riverfront Cottage Online Auction
DescriptionDocumentsLocation Map
RESERVE MET Selling to the Highest Bidder

A charming 1 1/2 story one-bedroom one-bath renovated cottage on a beautiful quarter-acre Ohio River view lot in Floyd County just minutes from downtown New Albany - perfect for year-round living or a vacation getaway home. The compact but character-filled 650 square foot home built in 1929, features an open layout with decorative walls and ceilings.

The first floor includes a great room with a double door to deck, an equipped kitchen, and a full bath. The shiplap style walls line the staircase to a spacious bedroom up with knotty pine tongue and groove vaulted ceiling, and a double door gives access to your private balcony.
Additional outdoor living space includes a spacious wood deck spanning the width of the home and wrapping around the sides - making it the perfect spot to enjoy morning sunrises overlooking the river and the spectacular country sunsets reflecting in the evenings.

The home is equipped with electric forced air heat, window a/c unit, and has well water and is situated on a lot with 75 feet of river frontage x 135 feet deep. The spacious back yard features an 8’ x 8’ storage building. Recent improvements include paint, carpet, furnace, roof, vinyl siding, and decks all within the past 6 years. The property is located in the AE Floodway.

PROPERTY HIGHLIGHTS

* Ohio River Frontage & View
* Renovated 650 Square Foot Cottage
* 1 Bedroom - 1 Bath
* Wrap Around Wood Deck
* 75’ x 135’ Lot
* 8’ x 8’ Storage Shed
* NAFC Schools
* Located in the AE Floodway
* 8 Miles SW of Downtown New Albany
* 1 Mile NE of Caesars Hotel & Casino

UTILITIES
Harrison County REMC
Well Water
Septic

REAL ESTATE TAXES 2019/2020
Franklin Township Taxes (Annual) -- $684.50

EXEMPTIONS 2019/2020
None

PARCEL
22-01-00-600-025.000-001

FLOOD
Located in AE Floodway

SCHOOLS
New Albany Floyd County Schools
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. Buyer to assume taxes due and payable Spring 2021 and all taxes thereafter. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. Sell full details in the Auction Bid Packet. OPEN INSPECTION Tuesday, October 20, 11AM - 1PM, Tuesday, October 27, 11AM - 1PM or contact us for a private showing. SELLER Kimberly S. Dodd and Timothy A. Goff DIRECTIONS South on State Street to right on Main Street. West 1 mile, keep left and continue onto Hwy. 111. Continue SW 6.7 miles to auction on left.
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