Item 1
5447 Main Street SE, Elizabeth, IN
Sold
$25,500
Timed Auction
Absolute Harrison County 1800's Building Online Auction
Selling online at absolute auction to the highest bidder for the Estate of Charles Denzinger, a circa 1800’s Federal style 1840 square foot two story brick building on a 4/10 acre lot located downtown in the heart of Elizabeth on Highway 11 in Harrison County, Indiana. This building has been unoccupied for years and has substantial damage. Zoned B-2 Central Business District and R-1 Suburban Residential.

PROPERTY HIGHLIGHTS

* Elizabeth Downtown District
* Zoned B-2 Central Business & R-1 Suburban Residential
* 1800’s Two Story Brick Building
* Substantial Damage - Needs Renovation
* 4/10 Acre Lot - 66’ Road Frontage x 264’ Deep
* Next to Elizabeth Fire Department
* 12 Miles to Downtown Corydon
* 21 Miles to Downtown Louisville

A spacious brick building, though in need of a complete renovation, presents an opportunity to restore a piece of Elizabeth’s history while capitalizing on its location downtown adjacent to the Elizabeth Fire Department and within close proximity to Historic Corydon and Louisville. Ideal for those looking for the charm of small-town living and the convenience of nearby entertainment and amenities like the 1819 General Store, Chariot Run Golf Club, and Caesars Southern Indiana.

AREA ATTRACTIONS
1819 General Store
South Harrison Park
Chariot Run Golf Club
Best Vineyards
Indiana Caverns
Caesars Southern Indiana
Squire Boone Caverns

UTILITIES AVAILABLE
South Harrison Water
Harrison County REMC

REAL ESTATE TAXES (2023-2024)
Elizabeth Town (Annual) – $589.72

DEDUCTIONS (2023-2024)
None

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

ZONING
Front 120 Feet — Zoned B-2 Central Business District
Back 144 Feet — Zoned R-1 Suburban Residential

EASEMENT
Recorded easement for septic lateral from neighboring property.

LEGAL DESCRIPTION
015-00075-00; INLOT 11

PARCEL
31-15-33-154-005.000-016

SCHOOL CORPORATION
South Harrison 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 (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 Tuesday, September 10, 4:00 PM - 6:00 PM or contact us for a private showing. PROPERTY LOCATION 5447 Main Street SE, Elizabeth, IN 47117 SELLER Charles K. Denzinger Estate PERSONAL REPRESENTATIVE Frank W. Denzinger Estate Attorney John Colin DIRECTIONS East from downtown Corydon on IN-62 to right on Corydon New Middletown Road SE to Elizabeth New Middletown Road. Continue to the Elizabeth 4-Way on Main Street. Auction on right.
Condition
AS-IS