975 Lost Creek Road Northeast , New Salisbury, IN 47161 (Harrison County)

Size: 40 Acres

Type: House

Home: 2 beds - 1 full bath - 1,550 Sq Ft

Auction Information

NEW SALISBURY 40 + ACRE ABSOLUTE REAL ESTATE ONLINE AUCTION

975 LOST CREEK ROAD NE, NEW SALISBURY, IN

03/06/2018, 06:00 PM

Online Bidding Site

NEW SALISBURY 40+ ACRE ABSOLUTE REAL ESTATE ONLINE AUCTION

NEW SALISBURY REAL ESTATE AUCTION

40 ACRES & COUNTRY FARMHOUSE

TWO TRACTS-GREAT BUILDING LOTS

ABSOLUTE - $80K TIMBER VALUE

ONLINE ONLY-ENDS MARCH 6

ADDRESS: 975 Lost Creek Rd NE, New Salisbury, IN 47161

Located just two miles south of New Salisbury or 4 miles north of Corydon!

1/24/18 UPDATE: Tract #2 acreage includes existing Railroad right of way through property. Per Estate Attorney all acreage on south side of right of way, approximately 12-13 acres, is landlocked and does not have any legal access.

REAL ESTATE INFO: Includes an outstanding offering of 40 +/- acres just off of IN-135 between New Salisbury & Corydon. Hard to find acreage conveniently located near I-64 Exit #105. Site would be ideal for estate type home or multiple building lots. Also includes $80K timber appraisal, 1300+/- of road frontage, wooded acreage, & country farmhouse with outbuildings. Property will be o...

TRACT #1: 2 +/- acres with all improvements. House features: 1917 built 1.5 story country farm house, 1550+ SF, 2BR/1BA, & LP forced air furnace (500 gal LP tank is included with real estate). Outbuilding features: one car detached garage, small smoke house, former corn crib, & large early barn. Land features: approx. 300 of road frontage on Lost Creek, partially wooded acreage, & park like country setting.

TRACT #2: 38 +/- acres with no improvements. Includes approx. 1000 of road frontage on Lost Creek, property is entirely wooded ($80K-see timber appraisal), & includes a Railroad easement on south side. Hard to find acreage that is well-suited for home sites or estate type home!

INSPECTION: Thurs March 1 4-6 PM

TIMBER APPRAISAL: Jan. 2018 value $80,380. See Timber Appraisal under View Documents button above.

ROAD FRONTAGE/POTENTIAL DIVISIONS: Property includes 1300 +/- road frontage on Lost Creek Road. Property was split one time in 2018 calendar year.

MINERAL RIGHTS: Includes sellers interest in gas/oil/mineral rights.

SURVEY FEES/INFO: Details coming soon-new survey will be completed by early February. All survey fees paid by seller.

POSSESSION/CLOSING INFO: Possession at closing on all tracts. Buyer to pay all closing fees except deed prep.

UTILITIES: Electric-Harrison REMC & Water-Ramsey Water Company

LEGAL DESCRIPTION: 006-01238-00; N1/2 E1/2 Se1/4 31-2-4; 40 AC

TAXES: $155.26/per installment (based on current owner exemptions)

PARCEL ID: 31-06-31-426-001.000-011

OWNER: Estate of Mary E. Rainge

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