18.03 Acres - Red Barn - Chicken House

Lot Number:2

Completed

Start Time:11/13/2022 11:00:00 PM

End Time:11/21/2022 1:34:38 AM

Bid Count:0

Starting Bid:$25,000.00

Bid Increment:$1,000.00

Current Bid:$0.00

18.03 Acres
24’ x 37’ Traditional Frame Barn
13’ x 30’ Chicken House
Open, Wooded & Private Site
Karst Topography
150 Feet of Road Frontage

No donations for this lot

65 ACRE HARRISON COUNTY FARM MULTIPAR ONLINE AUCTION
BIDDING BEGINS: SUNDAY, NOVEMBER 13 @ 6PM
BIDDING ENDS: SUNDAY, NOVEMBER 20 @ 6PM
3555 OLD HIGHWAY 135 SW, CORYDON, IN 47112

Selling online for the Betty Rhodes Estate, a 65 acre Harrison County farm offered in 3 tracts - family owned since 1954 with a classic 1920’s farmhouse, vintage red barn, 3-car garage and outbuildings. Tracts ranging in size from 2 acres to 45 acres with the ability to bid on one tract, in combinations or as an entirety utilizing the multipar method. Easy access to the expressway just 7 miles south of I-64 off IN-135 or 10 miles north of Brandenburg, KY and minutes to downtown Corydon.

PROPERTY HIGHLIGHTS

65 Acres - Home - Barn - Outbuildings
Offered in 3 Tracts Multipar
TRACT 1 - Farmhouse - Garage - Workshop - 2 Acres
TRACT 2 - 18 Acres - Red Barn - Chicken House
TRACT 3 - 45 Acres
Open - Wooded - Karst Topography
553 Feet of Road Frontage
Current David J. Ruckman Survey
No Deed Restrictions or Covenants
Water & Electric Available at Street
South Harrison Community Schools
5 Miles to Historic Downtown Corydon
10 Miles to Brandenburg, KY

TRACT 1 — 2.03 ACRES - FARMHOUSE - GARAGE - WORKSHOP

Circa 1920s farmhouse ready for you to modernize - sits perfect back off the road with a long paved drive on a 2 acre lot. The home with aluminum siding features hardwood floors, Bedford stone fireplace and large rooms including living room, eat-in kitchen, dining room, 2 bedrooms and a full bath on the first floor with an additional bedroom up and a sitting area. The home has a partial unfinished utility basement with equipped laundry and furnished with Lennox LP gas furnace and central air. Outbuildings include a 34’ x 20’ concrete block 3- car garage and a 24’ x 14’ frame workshop, all ready to transform into whatever your hobby is. Great homeplace in a rural setting!

2.03 Acres
1,830 Square Foot 1920’s Farmhouse
First Floor – 1350 Square Feet
Second Floor – 480 Square Feet
Unfinished Utility Basement
3 Bedrooms - 1 Bath– Screened Porch
Bedford Stone Fireplace
LP Gas Heat & Central Air
3-Car Concrete Block Garage
Vintage 24’ x 14’ Workshop
205 Feet of Road Frontage

TRACT 2 — 18.03 ACRES - RED BARN - CHICKEN HOUSE

24’ x 37’ Traditional Frame Barn
13’ x 30’ Chicken House
Open, Wooded & Private Site
Karst Topography
150 Feet of Road Frontage

TRACT 3 — 45.08 ACRES

Vacant
Open, Wooded & Private Site
Karst Topography
198 Feet of Road Frontage

MULTIPAR AUCTION METHOD
The multi-par auction method is used to sell multiple parcels (tracts) of real estate at auction - first offering each tract individually, and then in combination. The final sales price is determined by the combination which realizes the highest bid. The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid prior on auction day, please call our office for assistance @ 812-944-0217. Our staff will be available for questions.

PROTECTIVE COVENANTS & RESTRICTIONS
None

UTILITIES
Harrison County REMC
South Harrison Water Corporation

REAL ESTATE TAXES (2021 - 2022)
Harrison Township (Annual) – $20.66 (Home + 9.80 Acres)
Harrison Township (Annual) - $374.20 (56 Acres)

DEDUCTIONS (Home +9.80 Acres)
Homestead – $45,000
Supplemental – $23,905
Over 65 – $14,000

FLOOD ZONE
None

LEGAL DESCRIPTIONS
PT NW 1/4 SW QR 24-4-3 - 9.80 Acres
SE 1/4 NE QR 23-4-3 - 40 Acres
PT N END E1/2 SE QR 23-4-3 - 16 Acres

PARCEL
Part of Parcel # 31-13-24-300-002.000-007
Part of Parcel # 31-13-23-200-015.000-007

SURVEY
2022 Survey by David J. Ruckman, P.L.S.

SCHOOL CORPORATION
South Harrison Community School Corporation

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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 (Final Bid + Buyer’s Premium), 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, subject to Non-Productive Gas Leases. If property sells in individual or combination tracts the buyers will assume 2023 taxes due and payable 2024. If the property sells as a whole to one buyer, the taxes will be 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
Sunday November 13, 1PM - 3PM
Sunday November 20, 1PM - 3PM

Or contact us for a private showing.

SELLER
Betty Louise Rhodes Estate

CO-PERSONAL REPRESENTATIVE
Marabeth Thomas
Margaret Smith

ESTATE ATTORNEY
David Layson, Attorney
Davis Davis & Layson

DIRECTIONS
From Corydon I-64 to Corydon Exit #105. South 6.3 miles on IN-135 to right on Old Hwy. 135 SW. Continue 0.3 miles to property on the right.
From Brandenburg, KY take KY-79/Bypass Road across Welsh Memorial Bridge to North on IN -135. 9 miles to left on Wiseman Road SW to right on Old Hwy. 135 SW to auction on left.

BUYERS PREMIUM
10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

3555 Old Highway 135 SW
Corydon, Indiana 47112
United States

Auction Documents:

Multipar How To Guide