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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. 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.

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• Tuesday, May 31, 4PM – 5PM

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William K. Habermel Estate

Kathy Redden

Selling online two adjacent properties – each selling separately – ready for renovation or redevelopment in the expanding upper east side of New Albany just north of Spring Street. The buildings, currently zoned Mixed-Use Corridor Commercial, are currently in the process of a total gut renovation awaiting your vision. The properties offer easy access to downtown and midtown New Albany and are near a variety of shopping, dining and entertainment options.

614 VINCENNES STREET, NEW ALBANY, IN

Circa early 1900’s, this 1 3/4 story frame dwelling with gambrel roof lines is situated on a 40’ x 130’ lot with side and rear alley access and rear parking. The home features 993 square feet on the first floor, a spacious 2nd floor with large dormers, full basement with outside entrance, a covered porch stretching across the front and the side of the house and a covered back porch. Property in need of total renovation, zoned (MC) Mixed-Use Corridor Commercial and located on a high visibility corridor of commercial & residential growth.

PROPERTY HIGHLIGHTS

• Zoned Mixed-Use Corridor Commercial
• High Traffic Corridor
• Gutted – Ready for Renovation
• 1 3/4 Story Dwelling with Gambrel Roof
• 1st Floor – 993 Square Feet
• Spacious 2nd Floor with Large Dormers
• Full Basement with Outside Entrance
• Covered Wrap-Around Porch
• 40’ x 130’ Lot
• Side Alley & Rear Alley Access
• Privacy Fenced Back Yard
• New Albany Floyd County Schools
• 1 Mile to Downtown New Albany

616 VINCENNES STREET, NEW ALBANY, IN

Early 1900’s 2-story frame dwelling with 18’ x 18’ garage situated on a 41’ x 130’ lot with rear alley access and parking. The home features 1206 square feet on the first floor, 790 square feet on the second floor, full basement with outside entrance, covered front porch and a covered rear porch. The house retains many of its original architecture features such as oak paneled grand staircase, oak carved fireplace mantels, natural wood pocket doors and built-in kitchen cupboard. Property in need of renovation, zoned (MC) Mixed-Use Corridor Commercial and located on a high visibility corridor of commercial & residential growth.

PROPERTY HIGHLIGHTS

• Zoned Mixed-Use Corridor Commercial
• High Traffic Corridor
• Gutted – Ready for Renovation
• 2 Story Dwelling with Covered Porch
• 1st Floor – 1206 Square Feet
• 2nd Floor – 790 Square Feet
• Full Basement with Outside Entrance
• Original Staircase, Mantles & Pocket Doors
• 41’ x 130’ Lot
• 18’ x 18’ Detached Garage
• Rear Alley Access
• Privacy Fenced Back Yard
• New Albany Floyd County Schools
• 1 Mile to Downtown New Albany

State Street to E. Spring Street. East 1 mile to left at light on Vincennes Street. 2/10 mile to properties on left.