Floyd County 36 Acre Home & Barns Multi-Par Auction
SOLD
Real Estate — $795,850
Tract 1 — $391,600
Tract 2 — $172,700
Tract 3 — $54,450
Tract 4 — $177,100
Premium Included
Saturday
October 31
10:00 am
ET
Buyer's Premium
10% Buyer’s Premium added to the hammer bid price and included in the total purchase price to be paid by the successful bidder(s).
Real Estate Terms
A 10% Non-refundable down payment in the form of cash or check due immediately following the auction, balance due in 40 days. Taxes – If the property sells in individual or combination tracts the buyers will assume 2021 taxes due 2022. If the property sells as a whole to one buyer, the taxes will be prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet.
Inspection
- Sunday, October 18, 1PM – 3PM
- Wednesday, October 28, 11AM – 1PM
Or contact us to schedule a private showing.
Seller
Bobby & Nancy Whitlow
Selling live onsite 36 beautiful acres with an outstanding 4 bedroom – 3 bath ranch home and barns overlooking a pond in beautiful Floyd County just 10 minutes West of I-64 Georgetown Exit. The land will be offered in 4 contiguous tracts ranging in size from 2 acres to 14.7 acres – bid on one tract, a combination of tracts, or the entirety. Perfect for private homesites with recreational land.
PROPERTY HIGHLIGHTS
- 36 Acres with Pond and Creek
- Four Open & Wooded Tracts – 2 Acres to 14.7 Acres
- Private Building Sites – Recreational Land
- 1728 Square Foot One-Owner Ranch
- 4 Bedrooms – 3 Baths – 2 Fireplaces
- Full Finished Walk-Out Basement
- Attached Two-Car Garage
- Two Pole Barns
- Detached Garage
- Recently Completed Survey
- 905 Feet Road Frontage
- Utilities Available At Street
- Near Floyd County Schools
- 12 Miles to Downtown New Albany
- Selling Multi-Par at Auction
36 ACRES | 4 TRACTS | HOME | 2 POLE BARNS | GARAGE
Prime Floyd County acreage owned by Bobby & Nancy Whitlow for nearly 30 years, including a charming home and outbuildings, is being offered for the first time to the public selling at multi-par auction. Great potential for development or private individual homesites.
TRACT 1
5.8 ACRES – HOME – 2 POLE BARNS – POND
The mix of cobblestone and vinyl siding, the twin dormers, and the full covered porch all add to the architectural design of this charming country style one-story ranch home on 5.8-acres. The split-bedroom plan features a great room with high ceilings, an impressive cobblestone fireplace and triple french doors to a covered deck, a functional open kitchen with island has counter seating, an informal dining area, and even a handy bench seat with storage – with a laundry mudroom nearby that incorporates a built-in desk for a small home office. The main bedroom off of the kitchen has a full bath with a large walk-in closet and on the other end of the home, two additional bedrooms and a full bath.
The lower level features a family room with a cobblestone fireplace and wood stove, a wet bar and triple french doors to deck, a large bedroom, a full bath, a craft room, and a mechanical closet – all with an overwhelming amount of storage in the three walk-in closets. The home built with 2’ x 6’ exterior walls has a high efficiency L.P gas Trane furnace, central air conditioning, and Pella windows. The home has an attached two-car garage with an additional 33’ x 42’ pole barn with concrete floor and a 33’ x 42’ pole barn with a dirt floor.
- 5.8 Acres of Open & Wooded Land
- 1994 Country Style One-Story Home
- First Floor – 1728 Square Feet
- Full Walk-Out Finished Basement
- 4 Bedrooms – 3 Full Baths – 2 Cobblestone Fireplaces
- Exterior 2’ x 6’ Wall Framing
- Covered Porch & Deck
- Attached Two-Car Garage
- Two 33’ x 42’ x 10’ Pole Barns
- Stocked Pond
- 385.34 Feet Road Frontage
TRACT 2
12.95 ACRES
- 12.95 Acres of Open and Wooded Land
- 24’ x 24’ Garage w/Overhead Door
- Existing Septic System
- Creek Traverses Rear of Property
- 219.86 Feet Road Frontage
TRACT 3
2.07 ACRES
- 2.07 Acres with Mature Trees
- 50’ Driveway Easement
- Road Maintenance Agreement
- 200 Feet Road Frontage
TRACT 4
14.74 ACRES
- 14.74 Acres of Open Meadow and Wooded Land
- Creek Traverses Rear of Property
- Shared Driveway Easement
- Road Maintenance Agreement
- 100 Feet Road Frontage
Property is being sold without deed restrictions or protective covenants.
Tract 3 – Right to Use in Common with Tract 4 a 50’ Ingress, Egress, Utility & Drainage Easement adjoining and running with the West side of Tract 4. The easement will include a Driveway Maintenance Agreement.
Tract 4 – 50’ Ingress, Egress, Utility & Drainage Easement along the West line used in common with Tract 3.
Harrison County REMC Electric
Edwardsville Water
Spectrum Cable
Georgetown Township (Annual) — $2,457.86
Homestead — $45,000
Supplemental — $64,015
22-02-02-000-063.000-002
New Albany Floyd County Schools
MULTIPAR AUCTION
The multi-parcel auction method is used to sell multiple parcels (tracts) of real estate at auction – first offering each tract individually, and then in various combinations. The final sales price is determined by the combinations which realize the highest bid.
- Don’t wait until the end; prices will not go down.
- Bid only on the tracts that you want to own.
- Any posted bid is considered active and could be back in winning position any time during
the auction. - Before the auction, determine your auction strategy – what you want to buy and how
much you can bid. - Consult with Harritt Group staff to help with bidding strategy or math before/during the auction.
Call 812-944-0217 for further explanation or schedule an appointment with Ben Harritt to view a demo of the multipar software.
Directions
I-64 to Georgetown Exit # 118. West on IN-64 towards Edwardsville/Georgetown. Continue 3.7 miles to right on Kepley Road. 1.5 miles to left on Cooks Mill Road. Continue 0.4 miles to property on right.