SHERIFF AUCTION

RESIDENTIAL MULTI-FAMILY DEVELOPMENT LAND

22.14+- ACRES, ZONED MULTI-FAMILY

WEDNESDAY, SEPTEMBER 29^TH @ 1:00 P.M.

GREENSBURG, INDIANA

AUCTION SITE:

THE AUCTION WILL BE HELD IN THE “CIVIC ROOM” AT THE HAMPTON INN, 2075 N. MICHIGAN AVENUE (U.S. 421).  DOORS WILL OPEN AT 11:30 AM.

THE PROPERTY IS SITUATED IMMEDIATELY BEHIND THE HAMPTON INN ON U.S. 421, AND IS ACCESSIBLE BY TAKING 421 TO HESTLER BLVD, WEST ON HESTLER BLVD, GOING EAST ON TRIMBLE ST, AND TURNING NORTH ON KAYLEIGN LANE.

PLEASE SEE DOCUMENTS TAB ABOVE FOR TERMS OF SALE!!!

ATTENTION DEVELOPERS & INVESTORS!  DON’T MISS THIS OPPORTUNITY TO PURCHASE THREE PARCELS OF GROUND, TOTALING 22.14+- ACRES, ZONED R-4, MULTI-FAMILY HOUSING.   GREENSBURG IS HOME OF THE NEW HONDA PLANT, WHICH IS NOW A MAJOR EMPLOYER.  THE SUBJECT PROPERTY IS SITUATED DIRECTLY BEHIND THE HAMPTON INN ON U.S.HIGHWAY 421, JUST SOUTH OF I-74.

PROPERTY CLOSE TO NEW HONDA FACILITY!

PROPERTY IS LOCATED ADJACENT TO SECTION 1 OF ROLLING MEADOWS SUBDIVISION, AND WAS ORIGINALLY PLATTED TO BE PHASE 3 OF ROLLING MEADOWS, TO INCLUDE MULTI-FAMILY DWELLINGS.

A PLAT WAS DEVELOPED.   HOWEVER, TO OUR KNOWLEDGE, THE PLAT IS NOT RECORDED.

DOWNLOAD THE PHASE I FROM THE “DOCUMENTS” BOX ABOVE!

PROPERTY INFORMATION:

TOTAL ACERAGE: 22.14 +-

TOWNSHIP: WASHINGTON

COUNTY: DECATUR

CITY:  GREENSBURG

ZONING:  R-4: MULTI FAMILY RESIDENTIAL DISTRICT

FLOOD HAZARD ZONE: C- MINIMAL FLOOD ZONE

PROPERTY TAXES: $316.69 SEMI ANNUALLY

PARCEL IDs:

16-06-34-340-002.000-016- 9.92 ACRES

16-06-34-320-001.000-016- 2.49 ACRES

16-06-34-310-001.000-016- 9.73 ACRES

DISTANCE TO NEARBY CITIES:

INDIANAPOLIS: 36 MILES NW

CINCINNATI:  52 MILES SE

COLUMBUS:  27 MILES SW

SHELBYVILLE: 24 MILES NW

AVAILABLE UTILITIES:

MUNICIPAL SEWER

MUNICIPAL WATER

GAS, TELEPHONE, AND ELECTRICAL AVAILABLE.

TERMS OF SALE:

PROPERTY SELLS “AS IS”.  A $5,000.00 NON-REFUNDABLE EARNEST MONEY DEPOSIT IN CASH OR CASHIER’S CHECK ON DAY OF SALE, WITH BALANCE TO 10% OF TOTAL PURCHASE PRICE DUE WITHIN THREE DAYS.   CLOSING IS TO TAKE PLACE IN 30 DAYS.

AUCTIONEER:

NORMAN J. GALLIVAN II, CAI

LICENSE NUMBER: AU09100159