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Lanesville Main Street Brick Ranch Online Auction

BIDDING BEGINS

2:00 PM
Tuesday, November 19  2024

BIDDING ENDS

2:00 PM *
Tuesday, December 3  2024

*Extended Bidding
ADDRESS

6975 Main Street NE
Lanesville, IN 47136

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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, November 19, 11:00 AM – 1:00 PM
  • Tuesday, December 3, 11:00AM – 1:00 PM

Or contact us for a private showing.

Seller

David Norwood McDonald Estate

Personal Representative

James Rakes

ESTATE ATTORNEY

Micheal Maschmeyer

Documents

Selling online for the David McDonald Estate, a one level 2,108 square foot 4 bedroom – 2 bath brick ranch built in 1975 with attached two-car garage on 2.60 acres. Located in historic downtown Lanesville on Hwy 62 between Corydon & Edwardsville just 2.5 miles from the I-64 Lanesville exit.

PROPERTY HIGHLIGHTS

  • 2.6 Level Acres in Harrison County
  • 242 ± Feet Road Frontage on Hwy. 62
  • Brick Ranch Built 1975
  • 2,108 Square Feet on One Level
  • 4 Bedrooms – 2 Full Baths – 2 Fireplaces
  • Attached Two Car Garage
  • Briggs & Stratton LP Gas Generator
  • Utility Shed 10′ x 18’
  • Composite Deck with Pergola Frame
  • Lanesville Community Schools
  • 8.5 Miles East of Corydon
  • 6.5 Miles West of Edwardsville

A spacious one level brick ranch nestled behind a grove of pines on an open and wooded 2.60 acre lot in the quaint town of Lanesville, is being offered for the first time at auction.

The home – built in 1975 on a crawl space, features a living room with wood burning creekstone fireplace, an eat-in kitchen with stainless steel appliances and oak raised panel cabinets in need of a countertop upgrade, with an equipped laundry mudroom nearby. There are four large bedrooms and two full baths – including the primary bedroom suite with full bath and three additional bedrooms – one with a fireplace currently used as a family room. The home is furnished with oil heat, central air conditioning and has a Briggs & Stratton LP gas back up generator.

So whether this home is a primary residence or investment property, it offers a great Harrison County location in a small rural town – all just minutes from the interstate.

Duke Electric
Lanesville Water
LanesvIlle Sewer
Lanesville Sanitation
Fuel Oil (Tank Owned by Seller)
LP Gas (Tank Leased from Farrell Gas)

Franklin Township (Annual) — 1,130.42

Homestead — $48,000
Supplemental — $81,750
Veteran Partial Disability — $24,960

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

31-11-19-477-001.000-005
003-00612-00 PT SE QR 19-3-5; 1.280 ACRES

31-11-19-476-003.000-006
017-00158-00 GREEN ACRES SUB DIV; INLOT 6; INLOT 7 } .86; PT SE QR; 19-3-5 } .46 } 1.32 TOTAL

Lanesville Community Schools

Directions

I-64 to Lanesville Exit 113 to South on Crandall Lanesville Rd. Continue 2.2 miles to right on IN-62 W. Main Street. 0.2 miles to auction 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…

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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