Sheriff Sale of 12-Unit Victorian Mansion – Former Sullivan County Home – ABSOLUTE AUCTION!!
Beautiful Victorian style multi-tenant building at Sheriff Sale!
Sullivan,
Description
SHERIFF SALE- Former County Poor Home
1447 E County Rd 75 N
Sullivan IN, 47882
DATE: August 22, 2012; 1:00 PM EDT
PREVIEW DAY: August 21st; 11AM-2PM
This outstanding building is a great example of Romanesque Revival style architecture. It was designed by the architecture firm of Wing and Mahurin and constructed in 1896-7. It is an imposing brick building with two and a half stories that dominate the site.
The property was completely renovated in 2000 in a manner to maintain the historic value as it was built while adding modern amenities. The renovation cost a total of almost $1 Million, thanks to loans from Historical Landmarks Foundation of Indiana, State and Federal Tax Credits, Historical grants and Affordable-Housing Program grants.
It is a great piece of Indiana’s History, with a significant past and now an unknown future.
PROPERTY INFORMATION
TOTAL ACREAGE: 2 ACRES
NUMBER OF BUILDINGS: 3
COUNTY: SULLIVAN
POPULATION: 2009: 4429
CITY: SULLIVAN
The building is approximately 12,068 sq./ft., divided into 12 one bedroom apartments, partial basement/cellar on 2 acres of land. Each of the twelve units is considered to be a one-bedroom/one bathroom unit. Each apartment has GFA units and separate air conditioning. The first floor is comprised of seven apartment units, multiple common area rooms, and a laundry area. The second floor contains five units and a laundry area. The second floor can be accessed via an elevator as well as two interior stairways. The twelve units have varying sizes and floor plans. The property also consists of a free standing garage and an out building.
| Unit | Approximate Size |
| 102 | 685 Sq. Ft |
| 103 | 450 Sq. Ft |
| 104 | 1,001 Sq. Ft |
| 105 | 488 Sq. Ft |
| 106 | 1,028 Sq. Ft |
| 108 | 550 Sq. Ft |
| 110 | 1,200 Sq. Ft |
| 201 | 677 Sq. Ft |
| 202 | 450 Sq. Ft |
| 203 | 1,001 Sq. Ft |
| 204 | 488 Sq. Ft |
| 205 | 1,028 Sq. Ft |
| Total | 9,046 Sq. Ft |
Dates
Bidding Dates
22
Aug '12
01:00 PM
Indiana (East)
Preview Dates
Pre-bidding Dates
Checkout Dates
Terms
A 10% buyers premium will be added to the bid price to determine the total purchase price paid. Property sold as-is.
The Auctioneer will require the successful bidder to make an immediate deposit in the amount of $10,000.00 to the Auctioneer on the date of the Auction for the Property. The deposit shall be nonrefundable. Closing on the Property shall be 30 days from the date of the Auction.