Item 1
1007 Allison Lane, Jeffersonville, IN
Sold
$82,500
Timed Auction
Isenberg Allison Lane Cottage Online Auction
RESERVE LIFTED Selling to the Highest Bidder

Selling online for the Estate of Pat Isenberg, a 1940’s one level two bedroom - one bath cottage located near Utica Pike - just minutes to downtown. Tenant occupied with $750.00 monthly income.

PROPERTY HIGHLIGHTS

* Vinyl Siding Cottage Built 1947
* Monthly Rental Income $750
* 676 Square Feet on One Level
* 2 Bedrooms - 1 Bath
* Range & Refrigerator
* Natural Gas Heat - Central Air
* Storage Shed
* 0.2347 Acre Lot
* Greater Clark County School Corp.
* South 1. 6 Miles from E. 10 Street
* North 3/4 Mile from Utica Pike
* Near Duffy’s Landing & Downtown

RENTAL INCOME
Rental Income – $750.00
Annual Lease - Expires January 1, 2023
Tenant Pays All Utilities (Sewer Bill Included in Taxes)
Current Tenant Move-In Date January, 2021

UTILITIES
Electric -- Duke Electric
Gas -- CenterPoint Energy
Water -- Indiana American Water
Sewer -- Oak Park Conservancy

REAL ESTATE TAXES & ASSESSMENT (2021/2022)
Jeffersonville City - OFW (Annual) – $1,500.00
Oak Park Conservancy Sewers -- $315.70

DEDUCTIONS (2021/2022)
None

FLOOD ZONE
FEMA records indicate that the property is not located in the flood zone.

LEGAL DESCRIPTION
GT 4; REM 0.2347 AC by Survey.

PARCEL
10-21-00-400-364.000-009

SCHOOL CORPORATION
Greater Clark County
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 1007 Allison Lane, Jeffersonville, IN 47130 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 East 10th Street to Allison Lane (Ohio River Scenic Byway). South 1.6 miles to property on right. Or 3/4 mile North of Utica Pike.
Condition
AS-IS