Tract 2 — 5.01 Acres

Lot Number:2
Completed
Start Time:9/4/2024 10:00:00 PM
End Time:9/26/2024 4:17:00 AM
Bid Count:0
Winning Bidder:
Starting Bid:$5,000.00
Bid Increment:$1,000.00
Current Bid:$0.00

TRACT 2 — 5.01  ACRES

An unimproved open and wooded 5.01 acre tract in Floyd County with 434’ road frontage. The tract is gently sloping, ideal for a walkout basement. Electricity and water is available at the street. No building restrictions. 

TRACT 2 HIGHLIGHTS

  • 5.01 Acres, Open & Wooded
  • Ideal for Walkout Basement
  • 434’ Frontage x 562’ x 416’ x 474’
  • Water & Electric Available on Street

There are no bids for the lot at this time

No donations for this lot

21 ACRE FLOYD COUNTY ESTATE MULTIPAR ONLINE AUCTION
BIDDING BEGINS: WEDNESDAY, SEPTEMBER 4 @ 6PM
BIDDING ENDS: WEDNESDAY, SEPTEMBER 25 @ 6PM
10495 MALINEE OTT ROAD, GEORGETOWN, IN 47122

Selling online for the Glen Roark Estate, a private and secluded 21-acre estate with a 2,346 square foot 1.5 story brick home with attached garage and pole barns in suburban Floyd County. Offered for the first time at multipar auction in two tracts, with the ability to buy individually or as an entirety. Easy access to the expressway just 6 miles west of I-64 and minutes to downtown New Albany and Louisville.

PROPERTY HIGHLIGHTS

  • 21 Open & Wooded Acres
  • Home - Garage - Pole Barns
  • Offered Multipar in Two Tracts
  • Tract 1 - 16 Acres + Improvements
  • Tract 2 - 5 Vacant Acres
  • 684’ Road Frontage in Floyd County
  • Recently Completed Survey by David J. Ruckman
  • No Deed Restrictions or Covenants
  • Water & Electric Available At Street
  • New Albany Floyd County Schools
  • 6 Miles to I-64 Georgetown Exit
  • 12 Miles to Downtown New Albany
  • 16 Miles to Downtown Louisville, KY

21 ACRES / 2 TRACTS / HOME / IMPROVEMENTS

Country living at its best - the perfect opportunity for a mini-farm, recreational land or building site.

TRACT 1 - 15.99 ACRES - HOME - POLE BARNS

Nestled high on a secluded tract bordered by woods, this property owned by the same family since 1971, includes a 2,346 square-foot 1.5 story brick country style home with unfinished basement, a three season sunroom, an attached 21’ x 21’ garage and  three pole barns on 15.99 beautiful acres. 

The home features a spacious entry hall with a 17’ ceiling separating the living and dining rooms, a fully equipped kitchen connects seamlessly to an equipped  laundry mudroom with direct access to the attached  garage with workshop and deep sink. A warm and inviting paneled family room with hardwood floors, features a fireplace, a cozy dining nook, plus a half bath nearby - the  perfect area for family gatherings. At the end of the hall, the main bedroom offers a private sanctuary with an en suite bath and a walk-in closet.  Upstairs the two additional bedrooms share a Jack and Jill bathroom, providing both practicality and privacy. The unfinished basement  provides ample storage for future expansion, and additional living space is provided in the  enclosed 11’ x 24’ sunroom surrounded by  sliding windows overlooking an expansive wood deck. The home has central air and two HVAC systems - one gas high efficiency and one electric. 

Outside,  the kennels and pole barns are enclosed with chain link fencing which adds to the property’s versatility, making it perfect for animal enthusiasts or hobbyists. Mr. Roark raised and bred Llewellin Setters that were sent all over the world. The land with a current survey being provided by the seller, is the perfect place to watch the seasons change and enjoy the wildlife. 

TRACT 1 HIGHLIGHTS

  • 15.99 Acres, Open & Wooded
  • 250’ Road Frontage
  • 1.5 Story Brick Home Built 1971
  • 1646 Square Feet Main Level
  • 700 Square Feet Upper Level
  • 3 Bedrooms - 2 ½ Baths
  • 1214 Square Foot  Unfinished Basement
  • Attached Two Car Garage
  • Pole Barn 34’ x 50’
  • Open Sided Pole Barn 10’ x 18’
  • Pole Barn with Porch 18’ x 20’
  • Fenced Barn Areas and Kennel
  • 800’ Paved Driveway 

HOME HIGHLIGHTS

  • 17’ Slate Entry Foyer
  • 1st Floor Main Bedroom Suite
  • 1st Floor Equipped Laundry
  • Equipped Kitchen & Dining Area
  • Dining & Living Rooms
  • Family Room with Fireplace
  • Hardwood, Tile & Slate Floors
  • Three Season Sunroom
  • Large Wood Deck off Sunroom
  • 2 HVAC Systems
  • Kohler LP Gas Generator
  • Metal Shingle Roof

POLE BARN

  • 34’ x  50’ Metal Pole Barn Built in 1976
  • Two Sliding 12’ x 12’ Doors
  • Drive Through Center Clear Span
  • 4 Animal Stalls
  • Storage Loft
  • Gravel Flooring
  • Fenced 224’ x 100’ Lawn 

OPEN EQUIPMENT  BARN 

  • 10’ x 18’ Metal Pole Barn Built 1990
  • Storage Platform
  • Dirt Floor
  • Fenced 50’ x 100’ Barnyard
  • Drive Through Gate

POLE BARN w/ COVERED PORCH 

  • 18’ x 20’ Metal Pole Barn Built 2000
  • Covered Porch
  • Elevated Wood Floor
  • Water, Electric & Gas Space Heater
  • Fenced 300’ x 190’ Lawn 

DOG KENNELS 

  • 9 Kennels Fenced
  • Concrete Floors
  • Water & Electric

TRACT 2 - 5.01  ACRES

An unimproved open and wooded 5.01 acre tract in Floyd County with 434’ road frontage. The tract is gently sloping, ideal for a walkout basement. Electricity and water is available at the street. No building restrictions. 

TRACT 2 HIGHLIGHTS

  • 5.01 Acres, Open & Wooded
  • Ideal for Walkout Basement
  • 434’ Frontage x 562’ x 416’ x 474’
  • Water & Electric Available on Street

UTILITIES 
Ramsey Water 
Harrison County REMC Electric
Suburban LP Gas (Tank Leased) 

REAL ESTATE TAXES (2023-2024)
Georgetown Township (Annual) – $2,992.08

DEDUCTIONS (2023-2024)
Homestead – $48,000 
Supplemental – $93,400

RAMSEY WATER EASEMENT 
A Ramsey Water easement transverses both Tracts 1 & 2. Any septic lines crossing perpendicular, or running parallel within 10 feet of the water main, the landowner must follow Indiana Administrative Code 327-3-6-9.   See attached document. 

OIL & GAS LEASE 
Subject to all recorded oil and gas leases. 

FLOOD ZONE 
FEMA records indicate that the property is not in a flood zone.

LEGAL DESCRIPTION
Prt. S E 1/4 30-2-5  21 Acres Per Survey

PARCEL
22-02-03-000-018.000-002

SCHOOL CORPORATION
New Albany-Floyd County Consolidated

SURVEY PROVIDED
2024 Survey by David J. Ruckman, P.L.S.

MULTIPAR AUCTION METHOD
The Multipar Auction Method is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination which realizes the highest bid. Combination bidding begins Wednesday September 18 at 6:00 PM.

The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid, please call our office for assistance @ 812-944-0217. Our staff will be available for questions.  

EXTENDED BIDDING
If a bid is placed on any parcel in the last 10 minutes, the entire auction will remain open for an additional 10 minutes. If any further bidding occurs, the extension timer will reset to 10 minutes. If no further bidding occurs, the lots close when the timer runs out.

NO MAX BID FEATURE
There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.

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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. Taxes prorated to the day of closing. If property sells in individual  tracts the buyer will assume the 2025 taxes due 2026. 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, September 8, 1:00 PM - 3:00 PM
  • Wednesday, September 18, 11:00 AM - 1:00 PM
  • Wednesday, September 25, 11:00 AM - 1:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION
10495 Malinee Ott Road, Georgetown, IN 47122

SELLER
Glen Edward Roark Estate

CO-PERSONAL REPRESENTATIVES
Robert D. Lay
Elizabeth C. Lay

ESTATE ATTORNEY
Jenny Kraft Kuchle, Attorney 
Lorch Naville Ward LLC 

SELLER
Glen Edward Roark Estate

DIRECTIONS 
I-64 to Georgetown Exit 118 to IN-64 towards Georgetown. West 3.8 miles to right on Georgetown Greenville Road. Continue 1.4 miles to left on Malinee Ott Road to property on left. 

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. Taxes prorated to the day of closing. If property sells in individual  tracts the buyer will assume the 2025 taxes due 2026. 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.

SOLD WITH SELLER'S RESERVE

Final bid price is subject to the seller’s confirmation. When the bidding has met the reserve, a notification will be posted and the auction will become absolute and sell to the highest bidder. 

10495 Malinee Ott Road
Georgetown, Indiana 47122
United States