130 Ac Lanesville (Floyd Co) Real Estate Online Only Auction
LANESVILLE (FLOYD CO) REAL ESTATE AUCTION
130+/- AC OFFERED IN 6 TRACTS · COMBINATION BIDDING
TRACTS FROM 5 TO 46 ACRES · WOODED & OPEN
POTENTIAL DEVELOPMENT · UTILITIES AVAILABLE
1950 COUNTRY HOME w/BASEMENT · 1131 SF · 2BR/1BA
FAMILY-OWNED 60 YEARS · FIRST TIME ON MARKET
ONLINE ONLY · BIDDNG ENDS APRIL 23
Address: 7218 Smith Creek Rd., Lanesville, IN 47136
Location: Only 3 miles east of Lanesville or 5 miles south of I-64 Georgetown Exit!
REAL ESTATE INFO: EXCLUSIVE OFFERING! Very rare selection of 130+/- acres of highly desirable land situated in a picturesque, quiet country location off the beaten path just outside Lanesville, but only minutes from Lanesville or Georgetown I-64 on ramps and 16 miles from Louisville KY! Being offered in six (6) tracts and has a total of 1650’+/- frontage along the north & south sides of Smith Creek Rd and 380’+/- frontage along Heinze Rd! Electric and water are available along both roads. Property boasts multiple features-potential development, multiple building sites, open & wooded acreage, estate home type settings, convenient location, peaceful & picturesque country surroundings, recreation, and more! Also featuring a 2BR/1BA cottage-style cozy country home with full basement, & large vintage country barn (in need of rehabilitation). Family owned for 60 years-never before offered to the public! Tracts may be bid on separately or in combinations of your choice in conjunction with the Ultimate Choice bidding platform! Potential such as this seldom comes available! Endless possibilities for anyone-what do you need?
TRACT #1: Includes 5+/- acres; 390’+/- frontage on north side Smith Creek Rd; 1950-built country cottage-style home; 2-car detached garage (needs repair); large early country barn with loft (needs repair); 65% open; 35% wooded; & adjoins Tract 2. House interior: 1130+/- SF living area; 2BR/1BA; full basement (unfinished); naturally lit living room w/large picture window; eat-in-kitchen features oak cabinetry; appliances included-refrigerator, range/oven, microwave, washer & dryer; family room incudes self-standing woodstove w/brick surrounding (chimney was in working order-is currently capped off); & partial oak hardwood flooring. House exterior: concrete block foundation; asphalt-shingled roof; tilt-in replacement windows; rear deck; screened in sitting porch w/concrete floor; & blacktop driveway. Vintage swing set is included! Lot features: mature shade; great layout for social gatherings and outdoor activities! Mechanicals: American Standard LP-gas forced air furnace; 500-gallon LP-gas tank (owned) 40% full; central A/C; electric water heater; public water onsite; septic system (see Documents section for details); 100-amp electric; & sump pump w/back up system in place.
TRACT #2: Includes 46+/- acres; 345’+/- frontage on north side Smith Creek Rd; 960’+/- frontage on south side Smith Creek Rd; 75% open; 25% wooded; small creek; potential building sites; electric and water available (3” waterline); no improvements; & adjoins Tracts 1, 3, and 5.
TRACT #3: Includes 11+/- acres; 320’+/- frontage on north side Smith Creek Rd; 50% open; 50% wooded; potential building sites; no improvements; electric and water available (3” waterline); & adjoins Tracts 2 & 4.
TRACT #4: Includes 18.1+/- acres; 370’+/- frontage on north side Smith Creek Rd; mostly all wooded; potential building sites; no improvements; electric and water available (3” waterline); & adjoins Tract 3.
TRACT #5: Includes 40+/- acres; 240’+/- frontage on Heinze Rd; mostly all wooded; potential building sites; no improvements; electric and water available (8” waterline); & adjoins Tracts 2 & 6.
TRACT #6: Includes 10+/- acres; 140’+/- frontage on Heinze Rd; all wooded; potential building sites; no improvements; electric and water available (8” waterline); & adjoins Tract 5.
ULTIMATE CHOICE BIDDING SYSTEM: The “Ultimate Choice” bidding system allows someone to bid on individual tracts or a combination of tracts throughout the auction. This auction system DOES NOT include a maximum bid feature; the price will increase to the bid amount that is entered for both individual tract bids and combination bids. Any posted bid is considered active and could be back in winning position any time during the auction due to different combinations being offered. Combination bidding will be allowed as of Noon on Tues April 16. The final auction price will be determined by the combination which realizes the highest bid. If you have any questions about this system, please do not hesitate to contact our office to discuss.
OPEN HOUSE/INSPECTION: Thurs April 18 3-5 PM
UTILITIES: Electric-Harrison REMC; Water-Edwardsville Water Corp-3” water line along Smith Creek Rd & 8” water line along south side of Heinze Rd; Current LP Gas Provider-Pearce; Internet-Mainstream
ZONING: Agriculture/Residential
POSSESSION/CLOSING INFO: Possession at closing. Buyer to pay all closing fees except deed prep.
GAS/MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Purchaser(s).
SCHOOLS: New Albany Floyd County Consolidated Schools & Lanesville Community School Corp.
CURRENT PARCEL ID NOS: The current Tracts will be split from the following tax parcel numbers: 1) 22-01-02-200-014.000-001; 2) 22-01-02-200-010.000-001; & 3) 22-01-02-700-008.000-001
TAXES: All following payment amounts are per semi-annual installment and include seller deductions, if any; 1) $901.90; 2) $84.60; & 3) $120.32
DIRECTIONS: From I-64 Exit #113 (Lanesville), head south on Crandall Lanesville Rd, then east (right) on IN-62, then south (right) on Smith Creek Rd to site. From I-64 Exit #118 (Georgetown), SW on IN-62 4 miles, then left (south) on Smith Creek Rd to site.
REFERENCE POINTS: Lanesville-3 miles W; I-64 Exit #113 (Lanesville)-5.5 miles NW; I-64 Exit #118 (Georgetown)-5 miles N; Corydon-11 miles W; New Albany-11 miles NE; Louisville KY-16 miles E
OWNER: Selma Dempster Irrevocable Trust
7218 Smith Creek Rd Lanesville, 47136
Ends on 04/23/2024