Absolute Floyd Co. 8.82 Acres Online Auction
SOLD
Real Estate — $88,000
Premium Included
2:00 PM *
Tuesday, May 7 2024
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 (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.
Inspection
Drive by at your convenience.
Or contact us for a private showing.
Seller
Ronald G. Wolfe Jr.
Documents
Selling with no reserve to the highest bidder, a wooded and secluded 8.82 acre tract selling as a whole – ideal for homesite and recreational land in an established suburban area of Floyd County. Located just 4 miles West of I-64 Edwardsville Exit and 14 miles NW of Louisville, just minutes down the road from Polly’s Freeze.
PROPERTY HIGHLIGHTS
- 8.82 Wooded Acres
- 290 Feet Road Frontage x 1325 Feet Deep
- 3 Parcels Selling as a Whole
- Homesite Recreational Land
- Suburban Floyd County
- Electric & Water Available At Street
- Survey On Record Dated 2000 of Larger Parcel
- Septic Design Specifications Updated 4/18/24
- New Albany Floyd County Schools
- 4 Miles West of I-64 Edwardsville Exit
- 4 Miles East of Lanesville off IN-62
- 14 Miles NW of Louisville, KY
Nearly 9 acres of scenic wooded land gently rolling with a hillside valley in the back, enhanced with the peaceful sounds of a seasonal waterfall. This 3-parcel tract selling as a whole has 290 feet of road frontage and is 1324 feet deep with an average elevation range of 880 feet on the front two parcels, to an average 680 feet elevation on the back parcel. Unlimited outdoor fun, ready for you to explore. Located between Edwardsville and Lanesville just 1 mile off I-62.
Harrison REMC Electric
Edwardsville Water
Franklin Township (Annual) — $297.52
Parcel 22-01-01-400-087.000-001 — $70.00
Parcel 22-01-01-400-088.000-001 — $70.00
Parcel 22-01-01-400-030.000-001 — $157.52
FEMA records indicate that the property is not in a flood zone.
Parcel No. 22-01-01-400-087.000-001
NE 1/4 SW 1/4 14-3-5 – 1.33 Acres (Per Survey)
Parcel No. 22-01-01-400-088.000-001
NE 1/4 SW 1/4 14-3-5 – 1.33 Acres (Per Survey)
Parcel No. 22-01-01-400-030.000-001
NE 1/4 SW 1/4 14-3-5 – 6.16 Acres (Per Survey)
No current survey. A previous survey by Loftus And Associates dated 9/9/2000 is recorded on public record from a larger parcel of land.
Septic Design Specifications dated 2/20/15 and updated 4/18/24 is on record from the Floyd County Health Department and was based on a Jack Coulter Soil Test. Please note the minimum design specifications for the onsite sewage system does not imply construction approval.
If you should have any further questions regarding these specifications or the approval process, please contact the Floyd County Health Department at 812-948-4726.
New Albany-Floyd County Consolidated
DIRECTIONS From the Edwardsville/Georgetown Exit 118 off I-64 follow IN-62 West towards Lanesville 2.8 miles to a slight left onto Hwy. 11 S. Continue 1 mile to auction on left – just past W. McCarthy Knob Road and Sunny Acres development.
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.
To prevent bid sniping, last-minute bids will extend individual lots using our ‘soft-close’ functionality.
- 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.
