Item 1
6705 Highway 111, Sellersburg, IN
Item Is Closed 6705 Highway 111, Sellersburg, IN
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360 Degrees
6705 Highway 111, Sellersburg, IN
Sold
$426,000
Timed Auction
5.8 Acre Cottage, Garage, Pole Barn & Lake Online Auction
DescriptionDocumentsLocation Map
RESERVE LIFTED Selling to the Highest Bidder

Selling online for the estate of the late William Dearing, a recently renovated 4 bedroom -2 1/2 bath 1 1/2 story stone cottage with sunroom, full finished basement, storm cellar, pole barn and garage on a beautiful 5.86 acres with lake. You will not want to miss this great home loaded with extras just 4 miles North of I-265 Grant Line Road in Floyd County, Indiana. First time offering!

PROPERTY HIGHLIGHTS

* 5.86 Acre Park Like Setting
* Renovated 1 1/2 Story Stone Cottage Built 1951
* 4 Bedrooms - 2 1/2 Baths - Fireplace
* 1080 Square Feet First Floor
* Heated Sunroom - Covered Patio
* Full Finished Basement - Interior Storm Cellar
* 2-Bay Pole Barn with Covered Porch & Workshop
* 3-Bay Garage with Workshop
* Lake with Dock & Bridge
* New Albany Floyd County Schools
* 4 Miles North of I-265 Grant Line Road
* 4 Miles South of IN-60 Near Covered Bridge

This custom renovated faux stone 1 1/2 story cottage with detached garage and pole barn, sits high on a private 5.86 acre lot surrounded by mature trees and lake in Floyd County Indiana just minutes from expressways, schools, shopping & golf course.

The main level of 1080 square feet features geometric tile and hardwood floors throughout and includes a spacious living room, eat-in kitchen, 2 bedrooms, full bath with custom walk-in tiled shower, vessel sink with waterfall faucet and convector wall heating unit, and a 10’ x12’ sunroom adorned with a wood ceiling and equipped with a convector wall heating unit.

On the second floor, you’ll find two bedrooms with hardwood floors, a large double closet shared in the sitting room, and a fully renovated Jack & Jill bath with tile floors. For assured comfort the second floor has its own heating and cooling system and hot water heater in the floored walk-in attic.

The lower level features an open family and entertainment space with tile floors, a Bedford stone gas fireplace, 1/2 bath and beyond that sliding barn door - a spacious equipped laundry room with deep sink and upright freezer. In addition a 10’ x 12’ storm cellar - perfect for your safe place - also functions as usable storage space and is tucked away off the half bath.

The home is equipped with (2) LP gas furnaces with humidifiers, (2) central air conditioning units, (2) water heaters, sump pump, and (2) convector wall heating units (one in the sunroom and one in the first floor bath).

Great opportunity to own!

LAND DETAILS
* 4-Board Fence Entrance
* Open & Wooded 5.86 Acres
* 360’ Road Frontage - Appx. 700’ Deep
* Small Lake with Dock & Bridge
* Large Paved Driveway

HOME DETAILS
* 1 1/2 Story Cottage Built 1951
* 4 Bedrooms - 2 1/2 Baths
* 1080 Square Feet First Floor
* Equipped Eat-In Kitchen
* Full Finished Basement
* Bedford Stone Gas Fireplace
* Equipped Laundry Room
* Heated Sunroom - Covered Patio
* 10’ x 12’ Storm Cellar
* 2 HVAC Systems - 2 Hot Water Heaters
* 2 Stelpro Convector Heating Wall Units
* Replacement Windows

METAL POLE BARN DETAILS
* 30’ x 48’ x 12’ Tall Pole Barn Built 1985
* 10’ and 8’ Overhead Doors w/Openers
* Insulated Workshop w/Heat/AC Unit
* Covered Porch

CONCRETE BLOCK GARAGE DETAILS
* 22’ x 32’ 2-Bay Garage Built 1951
* 18’ x 20’ 1-Bay Rear Extension
* 3 Overhead Doors w/Openers
* Large Workshop
* Outside Chain Link Dog Kennel

UTILITIES
* Clark County REMC Electric
* Silver Creek Water Corporation
* Septic Replaced 2020
* LP Gas (Tank Owned by Seller)
* Spectrum Cable (Available)

REAL ESTATE TAXES (2021/2022)
New Albany Township (Annual) – $1,304.78

DEDUCTIONS (2021/2022)
Homestead – $45,000
Supplemental – $41,930
Mortgage – $3,000
Veteran Total – $14,000
Veteran Part - $24,960

FLOOD ZONE
FEMA records indicate the property is not located in a flood plain.

LEGAL DESCRIPTION
S/2 SE/4 26-1-6 4.35 Acres (Muddy Fork FK Cons. Dist. Inc. 012.001 & 021.001)
SE/4 26-2-6 Prt. #11, Prt. #12 & Prt. #25 1.5 Acres

PARCEL
Parcel No. 22-05-02-600-011.001-007
Parcel No. 22-05-02-600-010.000-007

SCHOOL CORPORATION
New Albany Floyd County Consolidated
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 (Final Bid + Buyer’s Premium), 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. Taxes prorated to the day of closing. 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. See full details in the Auction Bid Packet. OPEN INSPECTION Monday, September 12, 3-5PM and Sunday, September 18, 1-3PM or contact us for a private showing. PROPERTY LOCATION 6705 Highway 111, Sellersburg, IN 47172 SELLER William Dearing Estate PERSONAL REPRESENTATIVE Catherine Louise Toteno ESTATE ATTORNEY Maxwell W. McCrite, Lorch Naville Ward LLC DIRECTIONS I-265 to Grant Line Road Exit #3. North 4 miles to home on left.
Condition
AS-IS
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