Auction Information
Online Bidding Site119 +/- ACRE WITH BLUE RIVER FRONTAGE
119 +/- ACRE REAL ESTATE AUCTION
4600’ BLUE RIVER FRONTAGE
RARE OFFERING-PRIVACY-SECLUSION
TWO HOMES-BARNS-INCOME PRODUCING
ONLINE ONLY-BIDDING ENDS NOV 14
ADDRESS: 10347 & 10351 E Daugherty Lane, Milltown, IN 47145
Located just 5 miles N of Milltown or 35 miles NW of Louisville KY!
REAL ESTATE: A RARE opportunity to purchase a 119 +/- acres of land that is surrounded on three sides by nearly one mile of Blue River frontage. This estate type property features a primary residence with 4BR/2BA as well as a vacation rental/guest house with 3BR/1BA. Peach, pear and apple trees as well as gooseberry and black raspberries adorn the property along with replanted wildflowers. In addition there are two barns including a 12-stall/bay pole barn and a 2-story post and pin barn, large pond w/boat dock, 60 +/- acres in Classified Forest and miles of horse riding, walking and ATV trails.
MAIN RESI...
MAIN RESIDENCE DETAILS: Includes a 1972 built recently remodeled single story 4BR/2BA home. Interior features: 1812 +/- SF, walk-out basement, spacious country kitchen, sunroom with excellent views, appliances (dishwasher, microwave, range/oven, refrigerator), 2 wood-burning stoves, & walk-in pantry. Exterior features: vinyl siding, excellent views, front porch, & mature landscaping. Mechanicals: LP forced air furnace, central air, & well water.
VACATION RENTAL/GUEST HOUSE: Includes a 1910 built completely renovated two story 3BR/1BA home. Interior features: 1816 +/- SF, wood-burning stove, basement, & appliances (dishwasher, microwave, gas stove/electric oven, refrigerator). Exterior features: large southern style front porch, covered back porch, vinyl siding, excellent views, and hot tub. Mechanicals: LP forced air furnace, central air, & well water.
INCOME PRODUCING: Owner receives $5300/year from Classified Forest program which maintains a tax assessment of $1/acre for the 60 wooded acres. Potential rental income on guest house, owner has an established rental business. New buyer will receive client list, website, domain name, and existing bookings.
RIVER FRONTAGE/ACCESS: Property includes 4600’ +/- of Blue River frontage and 750’+ of road frontage on East Daughtery Lane. Property is eligible for multiple splits.
MINERAL RIGHTS: Includes sellers’ interest in mineral rights.
SURVEY FEES: No survey fees apply.
INSPECTION: Thurs Nov 1 3:30-5:30 PM
POSSESSION/CLOSING INFO: TBA
UTILITIES: Electric-Duke Energy; Water-onsite well; LP gas tank on site (rental)
LEGAL DESCRIPTION: Pt Se 26-1-2e 89.838AC; Pt W Sw 25-1-2e 22.5AC; Pt Se 26-1-2e 5.04AC; Pt E Se 26-1-2e 2 AC
TAXES: $1,507 per installment (based on current owner exemptions)
PARCEL ID: 13-04-26-406-001.000-013; 13-04-26-405-001.000-013; 13-04-26-404-001.000-013
REFERENCE POINTS: Milltown-5 N; Palmyra-13 W; Corydon-20 NW; French Lick-29 SE; New Albany-31 NW; Louisville KY-35 NW
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information