MID-CENTURY MODERN HOME ONLINE AUCTION

BIDDING BEGINS: TUESDAY, OCTOBER 8 @ 6PM

BIDDING ENDS: TUESDAY, OCTOBER 22  @ 6PM

1342 MILLER LANE, NEW ALBANY, IN 47150

Selling online a custom, one-of-a-kind modern home architecturally designed by renowned New Albany architect and owner Robert Ritz. This 2585 square foot two-level home has four bedrooms, two-and-a-half baths, unfinished basement and attached carport on 0.29 acres located 3 miles Southeast of I-265 close to shopping and restaurants with easy access to metropolitan Louisville. 

REAL ESTATE

Artfully crafted and designed this mid-century 4 bedroom home of Robert and Martha Ritz was custom built in 1969 with a 2-car stone carport with built in storage sheds on a lot almost a one-third acre in size high above Silver Creek.

The main level of 1625 square feet includes a master bedroom suite, a kitchen family room combination with concealed room divider, a private living room with a floor to ceiling stone fireplace with an offset design, a formal dining room with a wall of windows and doors, spacious and bright entry hall, wood floors, half bath, and a laundry mudroom off kitchen.
The second floor features 960 square feet with three bedrooms, a full bath with double sink and a large 8’ x 8’-6” storage closet. The unfinished basement with poured concrete walls has 812 square feet. 

The exterior is designed with vertical wood siding accented with wood pergola style awnings, stone landscape beds, privacy fences, patio, and large double concrete drive situated on an 80’ x 158’ lot overlooking Silver Creek. Seller is providing a 2019 Elevation Certificate and Letter of Map Amendment (LOMA), removing home and carport from the flood area. Home is equipped with natural gas heat, central air, Pella windows, and a security system. Updates include gas furnace 2013, AC unit 2015, and roof 2018. 

Residing in the timeless neighborhood of Bellemeade with great schools nearby round off this fantastic offering. 

PROPERTY HIGHLIGHTS 

• Bellemeade Neighborhood Just Off Slate Run Road 

• Modern Architecturally Designed Home

• 2585 Square Feet on Two Levels

• 4 Bedrooms - 2.5 Baths - Fireplace 

• First Floor Master Bedroom Suite

• First Floor Laundry Mudroom

• Unfinished Basement

• 2-Car Carport with Storage 

• 0.29 Acre Overlooking Silver Creek

• 2019 Elevation Certificate & LOMA Report 

• Near Shopping, Restaurants, Schools, and Interstates
  
  

UTILITIES
Duke Electric 

Vectren Gas 

Indiana American Water 

New Albany Sewer 

REAL ESTATE TAXES 2018/2019 

New Albany City 

Annual $1,974.38

EXEMPTIONS

Homestead - $45,000

Homestead Supplement - $47,425

SCHOOLS

Slate Run Elementary 

Hazelwood Middle 

New Albany High 

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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 10% Non-refundable down payment in the form of cash, check or wired funds due within 24 hours following the auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed prior to the auction. 

OPEN HOUSE Tuesday, October 8, 4-6 PM, Tuesday, October 22, 11 AM - 1 PM or call for an appointment. 

DIRECTIONS I-265 to Charlestown Road Exit #4. South 1.5 miles on Charlestown Road to left on Slate Run Road. 8/10 mile to left on Old Ford Road. 2/10 mile to right on Miller Lane. Home on left. 

PERSONAL PROPERTY ONLINE AUCTION BIDDING ENDS WEDNESDAY OCTOBER 23 @ 2 PM Selling the entire contents including mid-century modern furniture, antiques, quilts, decorative arts, household goods, and tools. 

SELLER Robert & Martha Ritz Revocable Trust