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5 Acres Tract 2 Malinee Ott Road Georgetown, IN 47122
- 5.01 Acres
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Property Description for 5 Acres Tract 2 Malinee Ott Road Georgetown, IN 47122
SELLS ABSOLUTE TO THE HIGHEST BIDDER - FLOYD COUNTY ESTATE MULTIPAR ONLINE AUCTION - BIDDING ENDS WEDNESDAY, SEPTEMBER 25 @ 6PM. Tract 2 - Five vacant acres, open and wooded with 434' road frontage, gently sloping, ideal for walkout basement. No building restrictions. Electricity and water available at the street. Completed survey by David J. Ruckman. Subject to water & electric easements. Taxes part of larger parcel including improvements - see MLS# 2024010515 for additional details. Easy access to the expressway just 6 miles west of I-64 and minutes to downtown New Albany and Louisville. 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) 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. If the property sells in individual tracts the buyer will assume 2025 taxes due and payable 2026. If property sells as a whole - Tract 1 & 2 together - the taxes will be prorated to 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.
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Address:5 Acres Tract 2 Malinee Ott Road Georgetown IN 47122
Status:Active
on site: 101 days
Bathrooms:0
Lot Size:5.01
County: Floyd
Township: Georgetown
MLS #:2024010517
Lot Dimensions:218235.6
Road Surface:Paved
Lot Features:AdditionalLandAvailable, Wooded
Utility Options:WaterAvailable
Building Utilities:WaterAvailable
Water Source:NotConnected, Public
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
Semi-Annual Property Tax:$1,496
Mandatory HOA Fee:$
City:Georgetown
Zip Code:47122
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Listing provided courtesy of Douglas Harritt with Harritt Group, Inc
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Georgetown Market Report
507
Avg. DOM
$204.69
Avg. $ / Sq.Ft.
$ 375,000
Med. List Price
The house prices in Georgetown are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Georgetown are going Down. The average house price is $375,000.00 and the average price per square feet is $204.69 per square feet. At the moment, the amount of homes listed is exactly 11 houses, with 7 with active status, 2 with pending status and 2 sold in Georgetown .
The most popular place to buy a home in Georgetown is 12-Other Counties. 12-Other Counties is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Georgetown .
The average amount of property taxes you would have to pay for a home in Georgetown is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Georgetown are staying listed for an average of 43 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Georgetown was 3603 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Georgetown is $1,150,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Georgetown is $235,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Georgetown in year 1975 and the newest built house is in year 2016.
The average size of properties in Georgetown is 2679.29 sq.ft. , the biggest one being 6643 sq.ft. and the smaller being 1040 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.