Sold
$117,000
Place Bid
Item 1
1234 Slate Road Road, New Albany, IN
Lot Is Closed
Sold
$117,000
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Min. $117,500
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Timed Auction
Isenberg Slate Run Ranch Online Auction
RESERVE LIFTED Selling to the Highest Bidder
Selling online for the Estate of Pat Isenberg, a one-owner 1204 square foot 3-bedroom one level ranch built in 2004 with an attached garage located near schools and expressways - just minutes to downtown. Tenant occupied with $950 monthly income.
PROPERTY HIGHLIGHTS
* Vinyl Siding Ranch Built 2004
* Monthly Rental Income $950
* 1204 Square Feet on One Level
* 3 Bedrooms - 1 Bath - Laundry Mudroom
* Range, Refrigerator & Dishwasher
* Electric Forced Air Heat - Central Air
* Attached One-Car Garage
* 64’ x 114’ Lot
* New Albany-Floyd County Schools
* 2.6 Miles South of I-265 Charlestown Road Exit
* 2.4 Miles to Downtown New Albany
UTILITIES
Electric -- Duke Energy
Water -- Indiana American Water
Sewer -- New Albany Municipal Utilities
REAL ESTATE TAXES (2021/2022)
New Albany City (Annual) – $1,777.54
DEDUCTIONS (2021/2022)
None
RENTAL INCOME
Rental Income -- $950
Damage Deposit -- $850
Month to Month
Tenant Pays All Utilities (Landlord Pays Sewer - Tenant Reimburses)
Current Tenant Move-In Date November, 2012
FLOOD ZONE
FEMA records indicate that the property is not in a flood zone.
LEGAL DESCRIPTION
Plat 1243, Lot 2, 0.166 Acre
PARCEL
22-05-02-900-074.000-008
SCHOOL CORPORATION
New Albany Floyd County Consolidated Schools
Selling online for the Estate of Pat Isenberg, a one-owner 1204 square foot 3-bedroom one level ranch built in 2004 with an attached garage located near schools and expressways - just minutes to downtown. Tenant occupied with $950 monthly income.
PROPERTY HIGHLIGHTS
* Vinyl Siding Ranch Built 2004
* Monthly Rental Income $950
* 1204 Square Feet on One Level
* 3 Bedrooms - 1 Bath - Laundry Mudroom
* Range, Refrigerator & Dishwasher
* Electric Forced Air Heat - Central Air
* Attached One-Car Garage
* 64’ x 114’ Lot
* New Albany-Floyd County Schools
* 2.6 Miles South of I-265 Charlestown Road Exit
* 2.4 Miles to Downtown New Albany
UTILITIES
Electric -- Duke Energy
Water -- Indiana American Water
Sewer -- New Albany Municipal Utilities
REAL ESTATE TAXES (2021/2022)
New Albany City (Annual) – $1,777.54
DEDUCTIONS (2021/2022)
None
RENTAL INCOME
Rental Income -- $950
Damage Deposit -- $850
Month to Month
Tenant Pays All Utilities (Landlord Pays Sewer - Tenant Reimburses)
Current Tenant Move-In Date November, 2012
FLOOD ZONE
FEMA records indicate that the property is not in a flood zone.
LEGAL DESCRIPTION
Plat 1243, Lot 2, 0.166 Acre
PARCEL
22-05-02-900-074.000-008
SCHOOL CORPORATION
New Albany Floyd County Consolidated 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. Buyer to receive clear title. Buyer to assume Spring 2022 Taxes due Spring 2023. 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 per tenant’s rights. See full details in the Auction Bid Packet. PROPERTY LOCATION 1234 Slate Run Road, New Albany, IN 47150 INSPECTION Inspection by appointment only. 24 hour notice required. SELLER WPI Properties, LLC William Patrick Isenberg Estate PERSONAL REPRESENTATIVE Nancy Isenberg ESTATE ATTORNEY J. Scott Waters DIRECTIONS I-265 to Charlestown Road Exit # 4. South 1.5 miles to left on Slate Run Road. Travel 1.1 miles to home on left.
Condition
AS-IS
