14 ACRES, COTTAGE & POLE BARN ONLINE AUCTION

BIDDING BEGINS: TUESDAY, JULY 26 @ 1PM

BIDDING ENDS: TUESDAY, AUGUST 2 @ 1PM

205 OLD CORYDON RIDGE ROAD, NEW ALBANY, IN  47150

Selling online a circa 1950’s three-bedroom cottage with 30’ x 60’ pole barn in a wooded park-like setting on 14 acres atop the Edwardsville Knobs off the Ohio River Scenic Byway just 1/2 mile from I-64. Home awaits your finished restoration! 

PROPERTY HIGHLIGHTS

• 14 Acres - Wooded 

• 202 Feet Road Frontage 

• 1478 Square Foot Cottage

• 3 Bedrooms - 1 1/2 Baths 

• 30’ x 60’ Pole Barn 

• New Albany Floyd County Schools

• Georgetown Sewers Available

• Easy Access to I-64 Georgetown Exit

• 12 Miles to Downtown Louisville 

Nestled in a grove of locust trees with a circular drive, this property includes a one-level 1478 square foot vinyl siding home with storm cellar built in 1954,  a 12’ x 16’ shelter house and a 30’ x 60’ x 12’ two bay pole barn with workshop located on a quiet dead-end street in Edwardsville. 

This 3 bedroom 1 1/2 bath home - partially renovated awaiting your completion - features a family room with beamed cathedral ceiling, dining room with detailed drywall & matching  panoramic windows, kitchen with cabinetry ready for installation and an adjacent 1/2 bath, 3 bedrooms - one with a large walk-in closet / laundry utility room and a full bath with tub and shower. The home is equipped with central air and LP gas heat - working condition unknown. 

The wooded 14 acre tract with 202 feet of road frontage extends over the knobs and crosses the railroad tracks to Corydon Pike -  ideal for the  investor with Georgetown sewers available at the street or the active outdoorsman or nature enthusiast. 

UTILITIES 

Duke Energy 

Edwardsville Water

L.P Gas (Ferrellgas Tank Leased)

Septic 

Georgetown Sewers Available At Street

REAL ESTATE TAXES (2021 Due 2022)

Georgetown Township (Annual) – $1320. 58

DEDUCTIONS 

None 

FLOOD ZONE 

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

LEGAL DESCRIPTION

E 1/2 NE 1/4 1-3-5  - 14.16 Acres 

PARCEL

22-02-00-100-109.000-002

SCHOOL CORPORATION

New Albany - Floyd County Schools 

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BUYERS 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) 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.

OPEN INSPECTION

• Tuesday, July 27, 5PM - 7PM 
  
  

Or contact us for a private showing.

PROPERTY LOCATION

205 Old Corydon Ridge Road, New Albany, IN 47150

SELLER

Shanna McKim 

DIRECTIONS 
I-64 to Georgetown Exit #118. West on IN-62 to left on Corydon Pike. East 0.2 mile to right on Old Corydon Ridge Road.  0.1 mile to property on left.