Terms and Information

Seller: Helen M. Harbin by Wallace Harbin II and Karen Harbin as POA  .  Down Payment:  Buyer shall make a down payment equal to 10% of the final contract selling price immediately following the auction.  The down-payment may be made by certified check or good personal check.  Closing:  closing to be on or before January 11, 2007.  Buyer’s Premium:  A 10% buyer’s premium to be added to the winning bid to determine final selling price.  No Contingencies:  The property is being sold “as is” with no conditions and no contingencies.  Broker/agent participation:  A commission is offered to brokers/agents representing buyer.  Agents and brokers must pre-register their client 12 hours before the auction.  (Click here for registration form and terms). Directions:  Located about mid-way between Silver St. and Vincennes St.. From I-64 take New Albany exit, follow Elm St. to Jay St., turn right on Jay st., right on E. Spring St. Parking available on Jay or Thomas side streets or in alley behind the property. Subject to sale prior to auction. 

Saturday

December 9, 2006    12:00 Noon

 

For information call (502) 489-5515 or

Rick Wardlow, 593-3888 

IN Lic. # AU09200165
Absolute Real Estate Auction

1925 E. Spring St.,

New Albany, IN  47150

First time available after 41 years of same ownership.

Good opportunity for year-end tax management.

Inspect Sunday, Dec. 3rd,  2—4 PM

 

All the basic charms of an older home, and with a little TLC and updating this home offers much potential.  The original home was built approx. 1929 and a one story addition was subsequently been added on the back of the house.  With 2,030 s.f., it has 4 bedrooms (1 on the first floor and 3 upstairs) and 2 full baths (one on each floor), living room, dining room, and large kitchen.  It also has hardwood floors, 9’10” ceilings on the first floor, French doors off the foyer and pocket doors between the living and dining room, and radiant heat with the old style radiators  There is an extra room upstairs that at once served as a partial kitchen.  There is also a detached 1+ car garage.

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