119 +/- ACRE WITH BLUE RIVER FRONTAGE
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Available

119 +/- ACRE WITH BLUE RIVER FRONTAGE

10347 East Daugherty Lane, Milltown , Indiana 47145 - Crawford County
Auction 119 Acres
4 beds 2 Bathrooms 1812 Sq.Ft.
Property ID 6167145
119 +/- ACRES WITH BLUE RIVER FRONTAGE
10347 East Daughtery Lane Milltown Indiana
11/14/2018 6:00 PM

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Description

119 +/- ACRE REAL ESTATE AUCTION

4600’ BLUE RIVER FRONTAGE

RARE OFFERING-PRIVACY-SECLUSION

TWO HOMES-BARNS-INCOME PRODUCING

ONLINE ONLY-BIDDING ENDS NOV 14

ADDRESS: 10347 & 10351 E Daugherty Lane, Milltown, IN 47145

Located just 5 miles N of Milltown or 35 miles NW of Louisville KY!

REAL ESTATE: A RARE opportunity to purchase a 119 +/- acres of land that is surrounded on three sides by nearly one mile of Blue River frontage. This estate type property features a primary residence with 4BR/2BA as well as a vacation rental/guest house with 3BR/1BA. Peach, pear and apple trees as well as gooseberry and black raspberries adorn the property along with replanted wildflowers. In addition there are two barns including a 12-stall/bay pole barn and a 2-story post and pin barn, large pond w/boat dock, 60 +/- acres in Classified Forest and miles of horse riding, walking and ATV trails.

MAIN RESIDENCE DETAILS: Includes a 1972 built recently remodeled single story 4BR/2BA home. Interior features: 1812 +/- SF, walk-out basement, spacious country kitchen, sunroom with excellent views, appliances (dishwasher, microwave, range/oven, refrigerator), 2 wood-burning stoves, & walk-in pantry. Exterior features: vinyl siding, excellent views, front porch, & mature landscaping. Mechanicals: LP forced air furnace, central air, & well water.

VACATION RENTAL/GUEST HOUSE: Includes a 1910 built completely renovated two story 3BR/1BA home. Interior features: 1816 +/- SF, wood-burning stove, basement, & appliances (dishwasher, microwave, gas stove/electric oven, refrigerator). Exterior features: large southern style front porch, covered back porch, vinyl siding, excellent views, and hot tub. Mechanicals: LP forced air furnace, central air, & well water.

INCOME PRODUCING: Owner receives $5300/year from Classified Forest program which maintains a tax assessment of $1/acre for the 60 wooded acres. Potential rental income on guest house, owner has an established rental business. New buyer will receive client list, website, domain name, and existing bookings.

RIVER FRONTAGE/ACCESS: Property includes 4600’ +/- of Blue River frontage and 750’+ of road frontage on East Daughtery Lane. Property is eligible for multiple splits.

MINERAL RIGHTS: Includes sellers’ interest in mineral rights.

SURVEY FEES: No survey fees apply.

INSPECTION: Thurs Nov 1 3:30-5:30 PM

POSSESSION/CLOSING INFO: TBA

UTILITIES: Electric-Duke Energy; Water-onsite well; LP gas tank on site (rental)

LEGAL DESCRIPTION: Pt Se 26-1-2e 89.838AC; Pt W Sw 25-1-2e 22.5AC; Pt Se 26-1-2e 5.04AC; Pt E Se 26-1-2e 2 AC

TAXES: $1,507 per installment (based on current owner exemptions)

PARCEL ID: 13-04-26-406-001.000-013; 13-04-26-405-001.000-013; 13-04-26-404-001.000-013

REFERENCE POINTS: Milltown-5 N; Palmyra-13 W; Corydon-20 NW; French Lick-29 SE; New Albany-31 NW; Louisville KY-35 NW

Directions

From Milltown, north on IN-66 4 miles, right on E Daughtery Lane 0.8 miles to site. From Corydon I-64 Exit #105, north on IN-135 5.7 miles, west on IN-64 11 miles, right on IN-66 3.1 miles, then right on E Daughtery Lane 0.8 mile to site. Watch for auction arrows!

Land

Barn Information
Barn(s)

Number of Ponds (water 1-5 acres)
1

Proposed Use
Grazing
Residential Single

Common Features
Boat Ramp
Private Lake/Pond

Present Use
Grazing
Residential Single

Road Frontage Desc
County

Lot Description
Acreage
Horses Permitted
Some Trees

Property Type
Single Family

Tax Data (Show Tax Data)

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.