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Scott County Home & Garage-Apartment Online Auction

SOLD

Real Estate — $167,200

Premium Included

STARTING DATE

2:00 PM
Wednesday, May 10  2023

ENDING DATE

2:00 PM *
Wednesday, May 17  2023

*Extended Bidding
LOCATION

2018 S. Peggy Lane
Scottsburg, IN 47170

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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

  • Thursday, May 11, 4pm – 6pm

Or contact us for a private showing.

Seller

John Robert Jr. & Angela Schroeder

Selling online a 1970’s two-bedroom cedar & stone ranch style home with garage basement and enclosed carports plus a detached two-bay garage with finished living quarters on a spacious 1.28 acre corner lot. Located 6 miles East of I-65 near Scottsburg business and shopping corridor. Unique package – ready for your renovation.

PROPERTY HIGHLIGHTS

  • 1.28 Acres – Home – Detached Garage
  • Corner Lot – Frontage on 3 Roads
  • Stone & Cedar Ranch Built 1973
  • 1144 Square Feet on First Floor
  • 2 Bedrooms – 1 Bath
  • Covered Wrap Around Deck
  • Full Unfinished Walkout Basement
  • 1-Bay Drive-In Basement Garage
  • 2-Bay Enclosed Carport
  • Detached 2-Bay Workshop Garage Built 1981
  • 1500 Square Feet Finished Above
  • Additional Access off E. Park Drive Cul-de-sac
  • 6 Miles East of I-65 Scottsburg Exit
  • 17 Miles North of Charlestown off IN-3

Built in 1973, this 1144 square foot home with a full unfinished walkout basement, a 1-bay drive-in garage, 2-bay enclosed carport and a wrap-around covered deck is situated on a large corner lot with frontage on two roads. Home features a living room, eat-in kitchen with sliding doors to deck, 2 bedrooms – one with adjacent laundry hookup, full bath, and is equipped with Trane electric heating and cooling system. Home is in need of renovation.

The detached 30’ x 50’ cedar garage built in 1981 – with additional driveway access off cul-de-sac offers a 2-bay workshop on the lower level plus 1500 square feet finished above that includes a large open great room with equipped kitchen, 2-bedrooms, full bath, deck access to the laundry mudroom with shower & deep sink, and is equipped with Trane electric heating and cooling system. Deck is in need of repairs.

The seller nor the Scott County Health Department have any records or knowledge regarding the septic system on the property.

Clark County REMC
Stucker Fork Water Utility
Septic

Lexington Township (Annual) – $3,473.84

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

Kathryn Hills 2 Lot 26 Watershed – 0.31 Acres
Kathryn Hills 2 Lot 27 Watershed – 0.34 Acres
Kathryn Hills 4 Lot 108 Watershed – 0.63 Acres

72-05-35-120-024.000-005
72-05-35-120-023.000-005
72-05-35-120-025.000-005

Scott County District No. 2

Directions

I-65 to Scottsburg Exit 29A onto IN-56E/W. McClain Avenue towards Scottsburg. East 5 miles to right on IN-3. South 1.5 miles to right on County Road 200 S/E. Plymouth Road. Continue 8/10 mile to left on Peggy Lane. 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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