Bellemeade Brick Ranch Online Auction
2:00 PM *
Tuesday, February 4 2025
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.
Reserve
Sells Subject to Seller Confirmation
Inspection
- Tuesday, January 21, 11:00 AM – 1:00 PM
- Tuesday, February 4, 11:00 AM – 1:00 PM
Or contact us for a private showing.
Seller
Harry A. Priestly III Living Trust
Trustee
Mary Bobay
Documents
Selling online for the Priestley Trust, a 1960’s three bedroom – two bath brick ranch with full basement and attached two car garage in the established Bellemeade neighborhood near Slate Run Road. Centrally located in New Albany near Charlestown Road, just minutes to vibrant downtown with easy access to expressways. This home is ready for your renovations and updates!
PROPERTY HIGHLIGHTS
- Established Bellemeade Subdivision
- Brick Ranch Built 1964
- 1,100 Square Feet on Main Level
- Full Finished Basement
- Three Bedrooms – Two Baths
- Two-Car Attached Garage
- 80’ x 140’ Lot
- Roof Replacement Fall 2024
- Near Neighborhood Sertoma Park
- New Albany Floyd County Schools
- Easy Access to Tri-City Area
- Off Old Ford Road Near Slate Run Road
- 2.5 Miles to Downtown New Albany
On a level lot with mature trees near a neighborhood park, this 1100 square foot brick ranch with two-car garage built in 1964 is ideal for investors or homeowners looking to bring new life to a home in a great established neighborhood.
The home features three bedrooms on the main level, a living room with a large picture window and a dining area – all with wood floors, a full bath off hall plus an equipped kitchen with breakfast bar.
The lower level has a family room, an office, a full bath and an equipped laundry room area. The home is equipped with gas heat and central air and has a recently replaced roof in Fall 2024.
Duke Energy
CenterPoint Energy
Indiana American Water
New Albany City Sewers
New Albany City (Annual) – $1,788.58
Homestead – $48,000
Supplemental – $48,440
FEMA records indicate that the property is not in a flood zone.
Plat 750, Lot 47, Bellemeade Subdivision
22-05-03-000-029.000-008
New Albany-Floyd County Consolidated
Directions
I-265 to Charlestown Road Exit. South 1.5 Miles to left on Slate Run Road. 8/10 mile to left on Old Ford Road to right on Mill Lane. Home on the left.
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.
