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Floyd County Edwardsville Home Online Auction

SOLD

Real Estate — $214,500

Premium Included

BIDDING BEGINS

2:00 PM
Tuesday, January 9  2024

BIDDING ENDS

2:00 PM *
Tuesday, January 23  2024

*Extended Bidding
ADDRESS

1814 N. Luther Road
Georgetown, IN  47122

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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

  • Tuesday, January 9, 11:00 AM – 1:00 PM
  • Tuesday, January 23, 11:00 AM – 1:00 PM

Or contact us for a private showing.

Seller

H.C. & Mary P. Garrett

Selling online for Chuck & Mary Garrett, a 1960’s brick ranch-style 4 bedroom-2 bath home with a full walkout basement and an attached garage on a one acre lot with circular drive. Centrally located in Edwardsville off Knable Road, just one mile to I-64. Ideal for a homeowner or an investor!

PROPERTY HIGHLIGHTS

  • Wooded and Open 1.01 Acre Lot
  • Brick Ranch Built 1967
  • 4 Bedrooms – 2 Baths
  • 1080 Square Feet on First Floor
  • Full Walkout Finished Basement
  • One Car Attached Garage – Shed
  • Large Circular Driveway
  • Roof Replacement 2023
  • Contents of Home & Garage Included
  • Floyd County Edwardsville Area
  • New Albany – Floyd County Schools
  • 1 Mile North of I-64 Georgetown Exit #118
  • 6 Miles West of Downtown New Albany
  • 11 Miles North of Louisville, KY

Surrounded by mature pine trees, this 1080 square foot brick ranch with one-car garage was built in 1967 and features three bedrooms on the main level – one with sliding doors to a wood deck and a living room with large picture window – all with hardwood floors, and a full bath and an equipped eat-in kitchen. The walkout lower level has a family room, fourth bedroom with daylight window, a full bath and an equipped laundry room.

The open and wooded lot has 220 feet of road frontage and is 200 feet deep, bordered by the quaint 6-lot development of Luther Ridge. Home improvements includes replacement windows and roof replaced in 2023, and is equipped with electric heat pump and central air. Selling with entire contents of home and garage. * Trailer outside not included 

Endless opportunities! You can update with a fresh coat of paint and move in, or have fun renovating and creating your own modern ranch in a private rural setting.

The property is being sold with a combined legal description of Lot 23 (includes home) and Lot 18. Lot 18 has recorded deed restrictions. See attached deed.

Harrison County REMC
Edwardsville Water
Spectrum Internet
Septic

Georgetown Township (Annual) — $1,297.66

Homestead — $45,000
Supplemental — $44,380

FEMA records indicate that the property is not in a flood zone.

L23 36-2-5; 0.5006 A & Prt. W1/2 E1/2 NW1/4 36-2-5 L18 0.509A #05601-80 (217.00 0)

22-02-03-600-166.000-002

New Albany-Floyd County Consolidated

Directions

I-64 to Georgetown Exit #118 towards IN-64 Edwardsville Georgetown. Turn right at light on W. Knable Road to left on N. Luther Road. Continue 8/10 mile to property on right.

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…

MAX BID

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.

EXTENDED BIDDING

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.
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