200 Block (62.79 Acres) Broeker Lane, New Albany, IN 47150

Property Description

62.79 WOODED ACRES | 2 TRACTS | FLOYD COUNTY MULTIPAR ONLINE AUCTION - BIDDING ENDS: THURSDAY, NOVEMBER 5 @ 2PM. TRACT 1 & TRACT 2: Owned by the Schmidt Family for over 60 years, this predominantly wooded land is being offered at online multipar auction in two tracts, with the opportunity to purchase either tract individually or combine both to acquire the entire 62.79 acre property. TRACT 1 - 60.036 ACRES with 240 feet of road frontage. TRACT 2 - 2.755 ACRES with 500 feet of road frontage. Public water, sewer, electric and internet available at street. Zoned Open Space (OS) Steep Slope (SS) & Low Density Residential (LDR). Located just west of downtown New Albany, this wooded acreage offers convenience, a natural setting for recreational use or potential homesite opportunities, subject to zoning and applicable approvals. Additional Parcel 22-05-00-400-020.000-007 & Parcel 22-05-00-400-229.000-008 for Tract 1. Additional Parcel 22-05-00-400-363.000-008, Parcel 22-05-00-400-247.000-008, Parcel 22-05-00-400-364.000-008 & Parcel 22-05-00-400-245.000-008 for Tract 2. TERMS: A 10% buyer's premium will be added to the hammer bid to determine the purchase price. A 10% non-refundable down payment is due within 24 hours, with the balance due in 40 days. Selling as-is with no contingencies. Inspections are welcomed prior to auction. Financing is permitted but not contingent upon loan approval or appraisal. Buyer pays all closing costs. Possession at closing. Taxes prorated to closing.