FLOYDS KNOBS 2.4 ACRE COMMERCIAL ZONED HOME ONLINE AUCTION

BIDDING BEGINS: TUESDAY, APRIL 22 @ 2PM

BIDDING ENDS: TUESDAY, MAY 13 @ 2PM

4683 PAOLI PIKE, FLOYDS KNOBS, IN 47119

Selling online for the Utica Township Volunteer Fire Fighters Association, a 2.4 acre commercial-zoned property featuring a refurbished circa 1938 two bedroom 984 square foot bungalow with basement in the heart of Floyds Knobs. Excellent visibility just off US-150 and minutes to Highlander Point Shopping Corridor and expressways. Outstanding potential for homeowner investment or future commercial redevelopment. 

PROPERTY HIGHLIGHTS

Prime 2.4 Acre Floyds Knobs Location 

Zoned General Commercial District

543’ of Road Frontage on Paoli Pike 

2 Bedroom Bungalow Built 1938

984 Square Feet on Main Level 

Finished Enclosed Rear Porch 

Partial Unfinished Basement

Storage Shed With Lean-To

Rear Paved Parking 

Minutes to Highlander Point , US-150 & Expressways 

7 Miles to Downtown New Albany 

11.5 Miles to Downtown Louisville

Located on Paoli Pike in Floyds Knobs, this vinyl-sided bungalow home built in 1938 is situated  on a wooded & open 2.4 acre tract  with 543’ of road frontage.  Zoned General Commercial District, this property offers flexibility for residential use, small business needs, or future redevelopment. The home features 2 bedrooms/offices, a full bathroom with tile floor, living room dining room combo space with wood floors, and a fully equipped kitchen with updated cherry cabinets, breakfast bar and tile floor. An enclosed 34’ x 9’ porch off the kitchen includes a central staircase leading out to the back wood deck and down to the partial basement, which includes two storage rooms with an equipped laundry area. 

The outdoor space includes an appealing 11’ x 14’ hip roof storage shed with attached lean-to and a spacious wood deck with stairs to a rear paved parking area. With ample land, a versatile layout, and a prime Floyd County location just minutes from I-64 as well as I-265 connecting to I-65, this property presents an excellent opportunity for homeowners, investors, or small business owners.

UTILITIES

Duke Energy 

Center Point Energy

Floyds Knobs Water Company

REAL ESTATE TAXES (2024-2025)

Lafayette Township (Annual) – $2,721

DEDUCTIONS 

None

FLOYD COUNTY ZONING

General Commercial District (GC)

https://www.in.gov/counties/floyd/files/Development-Standards-Guide.pdf

FLOOD ZONE

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

LEGAL DESCRIPTION

W 1/2 SW 1/4 EX R/W 18-2-6, 2.4 Acres 

PARCEL

22-04-01-800-050.000-006

SCHOOL CORPORATION

New Albany Floyd County Consolidated

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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. 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.

RESERVE

Sells Subject to Seller Confirmation

OPEN HOUSE

Wednesday, April 30, 11:00 AM - 1:00 PM

Tuesday, May 13, 11:00 AM - 1:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION

4683 Paoli Pike, Floyds Knobs, IN 47119

SELLER

Utica Township Volunteer Fire Fighters Association

Matthew C. Owen, President 

DIRECTIONS 

I-64 West to Exit #119 Greenville US-150. West 2.4 miles to right on Paoli Pike. Property 2/10 mile on right. Or from I-265 State Street Exit #1, travel NW 3.5 miles to property on left.