Item 1
1120 Eastridge Drive, New Albany, IN
1120 Eastridge Drive, New Albany, IN
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360 Degrees
1120 Eastridge Drive, New Albany, IN
Timed Auction (Starts in 1d 22h 47m 8s)
Eastridge 1.5 Story Cape Cod Online Auction
DescriptionDocumentsLocation Map
Selling online in the sought-after Eastridge neighborhood, a classic 1.5-story brick home - family owned since 1986, with a full unfinished basement and two car attached garage. Located just off Klerner Lane near Mt. Tabor Road, with easy access to expressway & local amenities.

PROPERTY HIGHLIGHTS

* Quaint Eastridge Neighborhood off Klerner Lane
* Brick 1.5 Story Home Built 1984
* 1,186 Square Feet on Main Level
* 1,000 Square Feet on Upper Level
* 3 Bedrooms + Bonus Room - 2.5 Bathrooms
* Full Unfinished Basement
* 2-Car Attached Garage
* 90’ x 122’ Level Landscaped Lot
* Aggregate Concrete Patio - Freestanding Concrete Pad
* New Albany Floyd County Schools
* 1 Mile to Indiana University Southeast
* Minutes to I-265, Shopping & Local Amenities

A rare find in a desirable neighborhood, this well-located, family-friendly home provides endless potential. A traditional home, with its distinctive rooflines and dormer, creates curb appeal while the comfortable space inside provides privacy between living areas, an oversized kitchen with laundry and half bath nearby, and three upper-level bedrooms and a bonus room - ideal for dressing room, office or playroom, and two full baths.

The home has a full unfinished basement - providing an additional 1,186 square feet for future living space, and includes built-in shelving for storage and an upright freezer. The home is equipped with natural gas heat and central air conditioning.

Additional features include an attached 2-car garage with 10-foot ceiling. Outdoor living spaces that extend the home’s functionality, include an aggregate patio off the family room’s french doors and a freestanding 25’ x 20’ concrete pad - previously used as a basketball court. So whether you're looking for a charming place to call home or a property with excellent investment potential, this home is ready to be yours!

HOME HIGHLIGHTS

* Tile Entry with Built-In Hall Tree
* Family Room with Fireplace, Bookshelf, Paneled Walls & French Doors
* Eat-In Equipped Kitchen with Nearby 1/2 Bath
* Formal Dining and Living Rooms
* First Floor Equipped Laundry
* Main Bedroom Suite with Walk-In Closet
* Two Additional Bedrooms with Full Bath
* Bonus Room off Bedroom with Multiple Purposes

UTILITIES AVAILABLE
Duke Energy
CenterPoint Energy
Indiana-American Water Company
New Albany Municipalities Sewer

REAL ESTATE TAXES (2024-2025)
New Albany City (Annual) – $2,953.22

DEDUCTIONS (2024-2025)
Homestead – $48,000
Supplemental – $86,100

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

LEGAL DESCRIPTION
East Ridge Subdivision, Plat No. 916, Lot No. 31, 0.2528 Acre

PARCEL
22-05-06-201-073.000-008

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. RESERVE Sells Subject to Seller Confirmation OPEN HOUSE Wednesday, April 16, 4:00 PM - 6:00 PM and Tuesday, April 29, 11:00 AM - 1:00 PM or contact us for a private showing. PROPERTY LOCATION 1120 Eastridge Drive, New Albany, IN 47150 SELLER Mary H. Ryan POWER OF ATTORNEY Michael P. Ryan DIRECTIONS I-265 to Charlestown Road Exit #4. South 7/10 mile to right on Mt. Tabor Road. West 1/2 mile to right on Klerner Lane to left on Eastridge Drive. Or Grantline Road near IUS to Klerner Lane to Eastridge Drive.
Condition
AS-IS
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