PALMYRA HOME & BUILDING LOTS | 3 TRACTS  | MULTIPAR ONLINE AUCTION

BIDDING BEGINS: MONDAY, SEPTEMBER 7 @ 2PM

BIDDING ENDS: MONDAY,  SEPTEMBER 28 @ 2PM

13955 GREENE STREET NE (IN-135), PALMYRA, IN 47164

Selling at online auction in three tracts, a circa 1920’s 1 1/2-story bungalow with detached garage situated on a double lot, an adjoining Greene Street building lot with car shed, and four additional vacant alley-access lots. Located in the small-town community of Palmyra, just 3/10 mile south of US Hwy. 150 on IN-135, the properties offer a variety of opportunities for homeowners, investors, and builders. Public utilities are available, and the properties will be sold individually and in combinations using the Multipar Auction Method. 

PROPERTY HIGHLIGHTS

1 1/2-Story Bungalow with Walkout Basement 

1,378 Square Feet on Two Levels

Home Ready for Renovation

Detached 2-Car Garage  

Additional Greene Street Building Lot with Car Shed

Four Additional Vacant Alley-Access Lots

Public Utilities Available 

3/10 Mile South of US Hwy. 150 on IN-135

Near Buffalo Trace Park 

North Harrison Community Schools

12 Miles North of Corydon | 15 Miles South of Salem 

24 Miles to Downtown Louisville

BUNGALOW HOME | BUILDING LOTS | 3 TRACTS | HARRISON COUNTY

Located in the heart of Palmyra, this versatile offering has the opportunity to purchase a bungalow home and garage on a double lot, an additional Greene Street building lot with car shed, or four vacant lots with alley access. Buyers can select the tract or combination that best fits their plans.

TRACT# 1 | HOME - GARAGE - DOUBLE LOT

Circa 1920’s 1½ Story Vinyl-Sided Bungalow

Two Contiguous 50’ x 130’ Lots - 100’ x 130’ Double Lot

1,068 Square Feet on First Level

310± Square Feet Upstairs - Non-Conforming

1 Bedroom & 1 Full Bath on First Floor

2 Non-Conforming Bedrooms Upstairs

Eat-In Kitchen

Living Dining Room

French Doors to Enclosed 4-Season Sunroom

Enclosed Back Porch 

822± Square Foot Unfinished Walkout Basement

Laundry Hookups  in Basement

Natural Gas Forced-Air Furnace 

Detached 22’ x 28’ 2-Car Garage

Fenced Rear Yard

Alley Access off Marshall Street 

Home Requires Renovation

TRACT# 2  | GREENE STREET BUILDING LOT - CAR SHED

50’ x  130’ Building Lot 

50’ Greene Street (IN-135) Frontage

20’ x 30’ Car Shed

Alley Access off Marshall Street

City Utilities Available 

Excellent Opportunity for Additional Building Site 

TRACT# 3 | FOUR VACANT ALLEY LOTS 

Four Vacant Lots Selling as a Whole

Lot 17- 50’ x 225’ (11,250 Square Feet)

Lot 18 - 50’ x 225’  (11,250 Square Feet)

Part of Lot 19 - Irregular Dimensions  (Under 10,000 Square Feet)                 

Part of Lot 5 -  Irregular Dimensions  (Under 10,000 Square Feet)                    

10,000 Square Feet Minimum Requirement for Building Lot

Alley Access off Marshall Street  

City Utilities Available

Potential Building Sites 

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UTILITIES AVAILABLE  

Duke Energy 

Indiana Utilities - Gas 

Palmyra Water Works 

Palmyra Sewer 

REAL ESTATE TAXES (2025/2026)

Palmyra Town (Annual) — $1370.49

Home, Garage & Part of Lot 19 — $755.92

Lot 9 & Carport — $210.21

Alley Lots 17 & 18, Part of Lot 5 — $404.36

DEDUCTIONS (2025/2026)

Homestead — $48,000

Supplemental — $37,480

FLOOD ZONE 

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

SURVEY

Property is being sold per deeds without survey.

ZONING 

Residential R1

PARCEL NUMBERS & LEGAL DESCRIPTIONS

Tract # 1 - Home - Garage - Double Lot 

Part of Parcel # 31-03-30-202-005.000-014

Legal Description - Heuser 2ND Addition INLOT 7 & INLOT 8  

Tract #2 - Building Lot - Car Shed

Parcel # 31-03-30-202-008.000-014

Legal Description - Heuser 2ND Addition  INLOT 9

Tract # 3 -  Lot 17, Lot 18, Part of Lot 5 & Part of Lot 19

Parcel #31-03-30-202-008.010-014

Legal Description - Heusers  2ND Addition Lots 17 & 18 

Parcel # 31-03-30-202-004.000-014

Legal Description 0023-00034-00 Heusers 2ND Addition Part Lot 5 Block 5

Part of Parcel # 31-03-30-202-005.000-014

Legal Description Heusers 2ND Addition Part of Lot 19

SCHOOL CORPORATION

North Harrison Community Schools

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MULTIPAR AUCTION METHOD

The Multipar Auction Method  is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination 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 which realizes the highest bid. For a new bid on a single lot or combination, the overall total must increase by a minimum of $1,000.

COMBINATION BIDDING

Combination bidding begins Monday, September 21, 2026. 

NO MAX BID FEATURE

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 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 close when the timer runs out.

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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, September 14, 11:00 AM - 1:00 PM 

Monday, September 28, 11:00 AM - 1:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION

13955 Greene Street NE, Palmyra, IN 47164

SELLER

Linda G. Brown Irrevocable Trust

Jeremy Brown, Trustee

DIRECTIONS 

From the intersection of US 150 in Downtown Palmyra  take  IN-135( Greene Street) south 3/10 mile to the property on the right.