THE RUCKMAN STUDIO | 1.8 ACRE LOT & BUILDINGS ONLINE AUCTION

BIDDING BEGINS FRIDAY,  NOVEMBER 14 @ 2:00 PM

BIDDING ENDS THURSDAY,  DECEMBER 4 @ 2:00 PM

3329 CORYDON PIKE, NEW ALBANY, IN 47150

Selling at online auction a 2,008 square-foot single-level concrete block building and  a 22’ x 84’ clear-span pole barn situated on a 1.87-acre tract along Southern Indiana’s Scenic Ohio River Byway (Corydon Pike). Conveniently located just 3.5 miles east of the I-64 Sherman Minton Bridge and downtown New Albany, and 2 miles west of State Road 62 in Edwardsville. Ideal for storage, a workshop, studio space, or future redevelopment—ready for your vision and renovation.

PROPERTY HIGHLIGHTS

Located on the Southern Indiana Scenic Ohio River Byway    

1.87 Acres with 242’ Road Frontage   

2,008 SF One-Level Concrete Block Building (Built 1950)

22’ x 84’ Clear-Span Metal Pole Barn with Overhead Door

Privacy-Fenced Storage Lot 

Large Open Parking Area

High Visibility Along Corydon Pike 

Adjacent to Middle Fork Creek

Current Survey by Ruckman Land Surveyors

Easy Access to Downtown New Albany

3.5 Miles East  to I-64 Sherman Minton Bridge

2 Miles West to State Road 62 (Edwardsville) 

REAL ESTATE OVERVIEW

Zoned (AR) Ag-Residential and surrounded by Neighborhood Commercial properties, this high-visibility site features a 4 room - 1 bath concrete block building with a 22' × 84' metal pole barn in the rear. The property has supported multiple uses over the decades and most recently served as The Ruckman Studio, home of local artist David Ruckman. With 242 feet of road frontage overlooking Middle Fork Creek, it offers excellent exposure and versatile potential.

CONCRETE BLOCK BUILDING 

Concrete Block Construction with Metal Roof

2,008 Square Feet

Four Rooms + Kitchen + Full Bath 

Slab Foundation 

Electric Furnace (Condition Unknown) & Woodstove 

10’ x 22’ Enclosed Porch 

Metal Roof

POLE BARN 

22’ x 84’ Clear-Span Wood & Metal Structure

17’ Ceiling Height 

12’H x 10’W Overhead Door with Opener

Sliding Door to Privacy-Fenced Storage Lot 

21’ x 13’ Loft Area 

Wood Stove 

Gravel Floor 

Metal Roof 

ZONING

Zoned AR  Ag- Residential     https://www.in.gov/counties/floyd/files/plan-commission/FCO-2006-06-Floyd-County-Zoning-Ordinance-Updated-6.18.24.pdf

SOUTHERN INDIANA SCENIC OHIO RIVER BYWAY 

https://www.ohioriverbyway.com/

UTILITIES 

Duke Energy

Edwardsville  Water Company 

Septic (Condition Unknown) 

REAL ESTATE TAXES  (2024-2025)

New Albany Township (Annual) – $627.18

DEDUCTIONS

None

FLOOD ZONE 

FEMA shows this tract is located in a Flood Zone X, an Area of Minimal Flood Hazard.

SURVEY

Property is being sold per survey dated 10/28/2025 provided by David J.Ruckman.

LEGAL DESCRIPTION

W1/2 SW1/4 5-3-6 - 1.87 Acres per Survey 

PARCEL

22-05-00-500-080.000-007

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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

Monday November 24,  11:00 AM - 1:00 PM

Thursday December 4,  11:00 AM - 1:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION

3329 Corydon Pike, New Albany, IN 47150

SELLER

Stone Mountain Indiana, LLC 

DIRECTIONS 

From Downtown New Albany take Main Street west to Corydon Pike. Continue west  3.5miles to auction on left or from IN 62 in Edwardsville take Corydon Pike 2 miles to auction on the right.