MID-CENTURY RANCH ON 4.85 ACRES WITH LAKE
2 TRACTS | MULTIPAR ONLINE AUCTION

BIDDING BEGINS: WEDNESDAY,  NOVEMBER 12 @ 6PM

BIDDING ENDS: WEDNESDAY,  DECEMBER 3 @ 6PM

4644 PAOLI PIKE, FlOYDS KNOBS, IN 47119 

Discover a rare Floyds Knobs gem in a prime Paoli Pike location - a timeless mid-century brick ranch owned by the Zurschmiede family for generations, perfectly situated on 4.85 serene acres with lakefront view. 

Offered in two tracts, this property presents incredible possibilities: Tract 1 includes the charming three-bedroom home with detached garage and carport on 2.02 acres, while Tract 2 offers a prime 2.83 acre vacant lot overlooking the lake. Buy one or both! Conveniently located just 0.2 miles off US 150 and minutes from Highlander Point, I-64 & downtown New Albany. 

PROPERTY HIGHLIGHTS

4.85 Acres Bordered by Trees with Lake in Floyd County

One Owner 1,647 Square Foot Brick Ranch with Walk-Up Basement Built 1959

Detached Garage with LeanTo & Open Carport 

Offered in 2 Tracts Multipar 

Tract 1 - Home & Improvements on 2.02 Acres

Tract 2 - 2.83 Vacant Acres with Lake 

379 Feet Road Frontage on Paoli Pike 

Current Survey by Ruckman Land Surveyors 

Zoned RS - Residential Rural Suburban 

Natural Gas, Electric & Water Available At Street

Sewers on Paoli Pike - Call Aqua America for Availability

New Albany - Floyd County Schools

0.2 Miles off Hwy. 150

2 Miles to I-265 or I-64

4.85 ACRES | 2 TRACTS | HOME | IMPROVEMENTS | LAKE

Perfect opportunity for the homeowner or investor looking for lakefront property in Floyds Knobs. Easy access to expressway - just minutes from Louisville, KY.  Selling multipar - buy one or all! 

TRACT 1 - 2.02 ACRES | HOME | GARAGE | CARPORT 

Overlooking a peaceful lakefront setting on 2.02 acres, this spacious 1,647 square foot 3 bedroom home captures the essence of indoor-outdoor living.  Expansive windows, 13-foot limestone fireplace with stonework exposed on both sides, hardwood floors and period details makes a perfect blend of rugged beauty and modern simplicity. The home has an unfinished walk-up basement and is equipped with natural gas heat and central air. The property includes a 36’ x 40’ detached garage with lean-to and an open 15’ x 30’ carport. 

TRACT 1 HIGHLIGHTS

2.02 Acres with Mature Trees & View of Lake 

172’ Road Frontage x 410’ Deep on West Line

One Owner MCM Brick Ranch Built 1959

1,647 Square Feet on Main Level 

1,500 Square Feet Unfinished Lower Level

Detached Garage 36’ x 40’ with Lean-To 8’ x 40’

Carport 15’ x 30’ - Open 

Additional Land Available - Adjacent to Tract 2 

HOME DETAILS 

Family Room with 13’ Limestone Fireplace

Living Room with Natural Limestone Wall 

Wood Floors in Kitchen, Dining Area & Hallway

Expansive Windows Throughout  Living Areas 

3 Bedrooms with Double & Triple Windows 

Full Bathroom with Ceramic Tile Walls & Floor 

Poured Concrete Walk-Up Basement with Equipped Laundry Area 

Separate Rooms with Shower & Sink in Basement 

High Efficiency Natural Gas Heat & Central Air 

Septic 

TRACT 2 - 2.83 ACRES | LAKE

This property captures the best of both worlds - a peaceful lake at the front and a private site tucked away at the rear surrounded by nature on 2.83 Acres.  Immerse yourself in the landscape! 

TRACT 2 HIGHLIGHTS

2.83 Vacant Acres

207’ Road Frontage x 467’ Deep on East Line 

Lake 

Additional Land Available - Adjacent to Tract 1 

UTILITIES AVAILABLE

Duke Energy

Floyds Knobs Water Company 

Vectren Gas 

Spectrum Internet 

Septic on Tract 1 

SEWERS NEARBY 

AquaSource Sewers on Paoli Pike 

For Availability Call Sarah @ 1-260-403-9496

ZONING 

Zoned RS Residential Rural Suburban

REAL ESTATE TAXES (2024/2025)

Lafayette Township  (Annual) — $2,538.30

DEDUCTIONS (2024-2025)

Homestead — $48,000

Supplemental — $82,875

FLOOD ZONE 

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

SURVEY

Property is being sold per current survey dated 10/18/2025 prepared by Ruckman Land Surveyors. 

PROTECTIVE COVENANTS & RESTRICTIONS

Property is being sold without any protective covenants and restrictions. 

LEGAL DESCRIPTION

SE1/4 SW ¼ 18-2-6 - 4.85 Acres per Survey

PARCEL

22-04-01-800-031.000-006

SCHOOL CORPORATION

New Albany Floyd County Consolidated Schools

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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. If property sells as a whole, taxes will be prorated to the day of closing. If sold in individual tracts, the buyer shall assume and pay 2026 taxes due 2027 and all subsequent taxes and assessments. 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, November 19, 11:00 AM  - 1:00 PM

Wednesday, December 3, 11:00 AM - 1:00PM

Or contact us for a private showing.

PROPERTY LOCATION

4644 Paoli Pike, Floyds Knobs, IN 47119

SELLER

MJS Family Trust  

TRUSTEES 

Jacquelyn L. Barr

Matthew A. Zurschmiede

DIRECTIONS 

I-64 to Greenville Exit 119. West 2 miles on US Hwy 150 to right on Paoli Pike. 3/10 mile to auction on the left.

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MULTIPAR AUCTION METHOD 

The Multipar Auction Method is used to sell multiple parcels (tracts) of real estate at auction. Throughout the auction, the buyer maintains maximum choice and control, bidding on the specific parcel or combinations of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination that realizes the highest bid. 

COMBINATION BIDDING

Combination bidding begins on Wednesday, November 26 at 6:00 PM * 

NO MAX BID

There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.

EXTENDED BIDDING

If a bid is placed on any parcel—whether as the winning bid or a backup bid, individual or combined bid—in the last 10 minutes, the entire auction will remain open for an additional 10 minutes. If any further bidding occurs, the extension timer will reset to 10 minutes. If no further bidding occurs, the lots will close when the timer expires.

The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance with bidding, please call our office at 812-944-0217 for help. Our staff will be available to answer any questions you may have.