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$200,000
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Item 1
Parcel 1: Commercial Building Zoned B-2 (0.466 Acre)
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$200,000
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Timed Auction
Commercial Building & Vacant Lot Online Auction
Selling online a prime Northern Corydon Indiana location near the IN-135 business corridor, a 3600 square foot commercial building with upstairs living quarters on a 1/2 acre lot. Property zoned B-2 General Business with all city utilities located just 1 mile south of I-64 interchange. Ideal for live-work business, office space or retail.
PARCEL 1 Commercial Building Zoned B-2
1980 Allison Lane, Corydon, IN 47112
PARCEL 1 HIGHLIGHTS
* 1 Mile South of I-64 Interchange
* Prime IN-135 Business Corridor
* Zoned B-2 General Business
* 3600 Sq. Ft. Commercial Building on 0.466 Acre
* 2400 Square Feet on First Floor
* 1200 Square Foot Apartment on Second Floor
* 2-Car Attached Garage
* All City Utilities Available
* Near a Variety of Commercial Businesses
* Adjacent Vacant Building Lot 0.467 Acre Selling Separately
A 3600 square foot commercial building built in 1990 on a 109’ x 187’ lot with a two-car attached garage, paved parking and outdoor kennels. The first floor - previously occupied by Dr. Towsley’s Old Capital Veterinary Hospital - features a large waiting room, reception area, office, several exam rooms, built-in indoor kennels, bathroom, laundry room, plenty of storage and is equipped with natural gas heat and central air ready for immediate occupancy.
NOTE: All business personal property is not included and will be sold separately at auction. The second floor has 1200 square feet of living quarters (now leased) and has 3-bedrooms, 1-bath, equipped eat-in kitchen with Jenn-Air cooktop, dining room and family room with separate stairway side entry with privacy fencing. Tenant pays $800 per month and is currently on a month-to-month lease. Tenant pays gas & electric, the landlord pays water & sewer.
PUBLISHED MINIMUM RESERVE
The property has a published minimum reserve opening bid of $200,000 on Parcel 1 with Improvements (not including the buyer’s premium). Once the opening bid has been placed, the auction will then become absolute and will sell to the highest bidder.
UTILITIES AVAILABLE
Electric - Duke Energy
Gas - Indiana Utilities Corporation
Water - Town of Corydon Water Company
Sewer - Town of Corydon Wastewater
REAL ESTATE TAXES (2020 Payable 2021)
Harrison Township (Annual)
Building – $2,512.10
DEDUCTIONS
None
FLOOD ZONE
None
PARCELS & LEGAL DESCRIPTION
PARCEL # 31-09-25-126-008.000-007 - COMMERCIAL BUILDING
Part of N 1/2 NW Quarter of Section 25, Township 3 south, Range 3 east in Harrison Township, Harrison County, Indiana containing 0.466 acres.
SCHOOL CORPORATION
South Harrison
PARCEL 1 Commercial Building Zoned B-2
1980 Allison Lane, Corydon, IN 47112
PARCEL 1 HIGHLIGHTS
* 1 Mile South of I-64 Interchange
* Prime IN-135 Business Corridor
* Zoned B-2 General Business
* 3600 Sq. Ft. Commercial Building on 0.466 Acre
* 2400 Square Feet on First Floor
* 1200 Square Foot Apartment on Second Floor
* 2-Car Attached Garage
* All City Utilities Available
* Near a Variety of Commercial Businesses
* Adjacent Vacant Building Lot 0.467 Acre Selling Separately
A 3600 square foot commercial building built in 1990 on a 109’ x 187’ lot with a two-car attached garage, paved parking and outdoor kennels. The first floor - previously occupied by Dr. Towsley’s Old Capital Veterinary Hospital - features a large waiting room, reception area, office, several exam rooms, built-in indoor kennels, bathroom, laundry room, plenty of storage and is equipped with natural gas heat and central air ready for immediate occupancy.
NOTE: All business personal property is not included and will be sold separately at auction. The second floor has 1200 square feet of living quarters (now leased) and has 3-bedrooms, 1-bath, equipped eat-in kitchen with Jenn-Air cooktop, dining room and family room with separate stairway side entry with privacy fencing. Tenant pays $800 per month and is currently on a month-to-month lease. Tenant pays gas & electric, the landlord pays water & sewer.
PUBLISHED MINIMUM RESERVE
The property has a published minimum reserve opening bid of $200,000 on Parcel 1 with Improvements (not including the buyer’s premium). Once the opening bid has been placed, the auction will then become absolute and will sell to the highest bidder.
UTILITIES AVAILABLE
Electric - Duke Energy
Gas - Indiana Utilities Corporation
Water - Town of Corydon Water Company
Sewer - Town of Corydon Wastewater
REAL ESTATE TAXES (2020 Payable 2021)
Harrison Township (Annual)
Building – $2,512.10
DEDUCTIONS
None
FLOOD ZONE
None
PARCELS & LEGAL DESCRIPTION
PARCEL # 31-09-25-126-008.000-007 - COMMERCIAL BUILDING
Part of N 1/2 NW Quarter of Section 25, Township 3 south, Range 3 east in Harrison Township, Harrison County, Indiana containing 0.466 acres.
SCHOOL CORPORATION
South Harrison
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 for clear title. Taxes prorated to the day of closing. Possession at closing subject to tenants rights. Selling as is without contingencies, all inspections welcomed before the auction. All closing costs are the buyer’s expense. See full details in the Auction Bid Packet. OPEN INSPECTION Tuesday, March 22, 11AM - 1PM and Tuesday, March 29, 11AM - 1PM. Or contact us for a private showing. SELLER Kathleen Lally Towsley DIRECTIONS I-64 to IN-135. South 1 mile to right on IN-337. 1/10 mile to left on Allison Lane. Property on left just past Limeberry Lumber.
Condition
AS-IS
