Sold
$226,500
Timed Auction
Ohio River View Cottage Online Auction
SELLING TO THE HIGHEST BIDDER
Selling online a 1940’s two-bedroom cottage with walkout basement and two-car garage on a one-half acre lot with an expansive view of the Ohio River just minutes to downtown - perfect for year-round living, a get-away or an investment. Home selling as-is, in need of repairs.
PROPERTY HIGHLIGHTS
* Ohio River View
* 901 Square Foot Cottage Built 1940
* 2 Bedrooms - 2 Baths - Fireplace
* 744 Square Foot Finished Walkout Basement
* 2-Car Attached Garage
* 0.528 Acre Lot
* Near Duffy’s Landing & Admirals Anchor Marina
* Easy Access to Downtown Jeffersonville & Louisville
* 3.6 Miles to 1-265 Port Road
* Selling AS-IS, In Need of Repairs
A quaint two-bedroom 901 square foot frame cottage filled with natural sunlight inside and beautiful outside views.
The first floor includes a living room with a tile fireplace and a light filled 7-panel bay window, a kitchen and dining area with skylight and sliding doors to covered deck that runs nearly the full length of the home, two bedrooms with wood floors - one with double door to deck and a renovated full bathroom with tile shower replacement and skylight.
The lower level - 744 square feet is finished with a family room open to a large patio, an office, full bath and laundry room with deep sink. The home has all city utilities and is equipped with gas heat and central air.
The home has an attached two-car garage with entrance to home off the deck and is situated on an approximate 130’ x 175’ lot located near Duffy’s Landing Boat Ramp, minutes to downtown shopping and dining, with easy access to the East End Lewis & Clark Bridge off Port Road.
The property is in need of repairs and will be sold in as-found condition with remaining contents in the garage included.
PUBLISHED MINIMUM RESERVE
The property has a published minimum reserve opening bid of $113,500 (not including the buyer’s premium). Once the opening bid has been placed, the auction will then become absolute and will sell to the highest bidder.
UTILITIES
Duke Energy
CenterPoint Energy - Vectren Gas
Indiana American Water
Jeffersonville Sewers
REAL ESTATE TAXES (2020 Pay 2021)
Jeffersonville City - OFW (Annual) – $1,577
DEDUCTIONS (2021 Pay 2022)
Mortgage -- $3,000
Homestead -- $45,000
Supplemental – $42,315
FLOOD ZONE
Home - Zone X - Area of Minimal Flood Hazard
Back Yard - Zone 0.2% and AE Fringe
LEGAL DESCRIPTION
Part of Survey No. 5 of the Illinois Grant, 0.528 Acre
PARCEL
10-21-00-500-016.000-009
SCHOOL CORPORATION
Greater Clark County Schools
Selling online a 1940’s two-bedroom cottage with walkout basement and two-car garage on a one-half acre lot with an expansive view of the Ohio River just minutes to downtown - perfect for year-round living, a get-away or an investment. Home selling as-is, in need of repairs.
PROPERTY HIGHLIGHTS
* Ohio River View
* 901 Square Foot Cottage Built 1940
* 2 Bedrooms - 2 Baths - Fireplace
* 744 Square Foot Finished Walkout Basement
* 2-Car Attached Garage
* 0.528 Acre Lot
* Near Duffy’s Landing & Admirals Anchor Marina
* Easy Access to Downtown Jeffersonville & Louisville
* 3.6 Miles to 1-265 Port Road
* Selling AS-IS, In Need of Repairs
A quaint two-bedroom 901 square foot frame cottage filled with natural sunlight inside and beautiful outside views.
The first floor includes a living room with a tile fireplace and a light filled 7-panel bay window, a kitchen and dining area with skylight and sliding doors to covered deck that runs nearly the full length of the home, two bedrooms with wood floors - one with double door to deck and a renovated full bathroom with tile shower replacement and skylight.
The lower level - 744 square feet is finished with a family room open to a large patio, an office, full bath and laundry room with deep sink. The home has all city utilities and is equipped with gas heat and central air.
The home has an attached two-car garage with entrance to home off the deck and is situated on an approximate 130’ x 175’ lot located near Duffy’s Landing Boat Ramp, minutes to downtown shopping and dining, with easy access to the East End Lewis & Clark Bridge off Port Road.
The property is in need of repairs and will be sold in as-found condition with remaining contents in the garage included.
PUBLISHED MINIMUM RESERVE
The property has a published minimum reserve opening bid of $113,500 (not including the buyer’s premium). Once the opening bid has been placed, the auction will then become absolute and will sell to the highest bidder.
UTILITIES
Duke Energy
CenterPoint Energy - Vectren Gas
Indiana American Water
Jeffersonville Sewers
REAL ESTATE TAXES (2020 Pay 2021)
Jeffersonville City - OFW (Annual) – $1,577
DEDUCTIONS (2021 Pay 2022)
Mortgage -- $3,000
Homestead -- $45,000
Supplemental – $42,315
FLOOD ZONE
Home - Zone X - Area of Minimal Flood Hazard
Back Yard - Zone 0.2% and AE Fringe
LEGAL DESCRIPTION
Part of Survey No. 5 of the Illinois Grant, 0.528 Acre
PARCEL
10-21-00-500-016.000-009
SCHOOL CORPORATION
Greater Clark 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 A non-refundable down payment (10% of the purchase price) in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days for clear title. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. All closing costs are the buyer’s expense. See full details in the Auction Bid Packet. OPEN INSPECTION Monday, February 28, 11AM - 1PM and Monday, March 7, 11AM - 1PM. Or contact us for a private showing. SELLER Carolyn Jane Tilford Estate PERSONAL REPRESENTATIVE Albert J. Vittitow ATTORNEY George W. Gesenhues, Jr. Lorch Naville Ward LLC DIRECTIONS From Downtown take Spring Street to Market Street. East 1.7 miles, continue straight onto Utica Pike 2 miles to home on right.
Condition
AS-IS