Isenberg Slate Run Bungalow Online Auction
SOLD
Real Estate — $133,650
Premium Included
6:00 PM *
Monday, August 22
Buyer's 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. Buyer to receive clear title. Buyer to assume Spring 2022 Taxes due Spring 2023. 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 per tenant’s rights. See full details in the Auction Bid Packet.
Inspection
Inspection by appointment only. 24 hour notice required.
Seller
WPI Properties, LLC
William Patrick Isenberg Estate
Personal Representative
Nancy Isenberg
Estate Attorney
J. Scott Waters
Selling online for the Estate of Pat Isenberg, a 1930’s four bedroom – two bath vinyl sided bungalow with front covered porch, enclosed rear porch and unfinished basement on the corner of Silver Slate Drive. Located near schools and expressways – just minutes to downtown. Tenant occupied with $850 monthly income.
PROPERTY HIGHLIGHTS
- Vinyl Siding Bungalow Built 1936
- Monthly Rental Income $850
- 1459 Square Feet on First Level
- 1423 Square Feet in Unfinished Basement
- 4 Bedrooms – 2 Full Baths
- Built in Bookshelves & Knotty Pine Walls
- Range & Refrigerator
- Natural Gas Heat – Central Air
- 64’ x 114’ Corner Lot
- Windows, Roof & Hot Water Heater Replaced Within Past 7 Years
- New Albany – Floyd County Schools
- Corner of Slate Run Road & Silver Slate Drive
- 2.6 Miles South of I-265 Charlestown Road Exit
- 2.2 Miles to Downtown New Albany
Rental Income – $850
Damage Deposit – $500
Tenant Pays All Utilities (Landlord Pays All Utilities -Tenant Reimburses)
Month to Month
Current Tenant Move-In Date January, 2009
Electric – Duke Energy
Gas – CenterPoint Energy
Water – Indiana American Water
Sewer – New Albany Municipal Utilities
New Albany City (Annual) – $1,334.24
FEMA records indicate that the property is not in a flood zone.
Plat 1243, Lot 1, 0.167 Acre
22-05-02-900-075.000-008
New Albany Floyd County Consolidated Schools
Directions
I-265 to Charlestown Road Exit # 4. South 1.5 miles to left on Slate Run Road. Travel 1.1 miles to home on left on corner of Silver Slate Drive.
TIPS TO HELP YOU WIN!
We know that the end of an online auction can be a hectic place. Here are some tips & things you should know to help make it a little easier…
Place your max bid and let the system bid for you. In the event two bidders have placed identical max bids, the first bid received will be the successful bid.
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- If a bid is placed in the last 10 minutes, the lot will remain open for an additional 10 minutes.
- If any further bidding occurs, the extension timer will reset to 10 minutes.
- If no further bidding occurs, the lot closes when the timer runs out.