Nice Folk Victorian Home with Upstairs Apartment Online Only Auction

Nice Folk Victorian Home with Upstairs Apartment Online Only Auction

Bidding begins to close on Tuesday, October 20th at 5:30pm CT

519 N Wabash Avenue - Evansville, IN 47712

Public Viewing: Tuesday, October 13th 4:00 PM - 6:00 PM; or Call for Appointment.

Bidding Notice: NO BUYER'S PREMIUM will be charged. The successful online bidder will be required within 48 hours after auction close to sign a standard form purchase agreement and submit a 5% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2027 installment. Possession will be immediate upon closing. The property is sold on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller.

- Historic West Side Duplex w/ Single-Family Conversion Potential!

- Highly Desirable West Side Location in Independence Historic District!

- 2,478+/- Total Finished SqFt Plus a Basement!

- Incredible Character w/ Original Woodwork & 9' Ceilings!

- Corner Lot w/ 2 Car Detached Garage & Inviting Front Porch!

- Guaranteed Good Clear Title & 60 Days to Close!

- No Buyer's Premium!

Packed with 1909 historic charm and incredible upside, this versatile property sits on a deep corner lot along the desirable Wabash Avenue of Flags. Zoned R-2 with separate gas and electric meters, it is an ideal income-producing duplex, or it can be easily returned to a single-family estate. The premier location places you minutes from Franklin Street restaurants & the Fall Festival, Downtown Evansville, and the University of Southern Indiana (USI). The main level features 9' foot ceilings, original dark-stained woodwork, large baseboards, tall windows, beautiful multi-pane French doors, built-in cabinetry and more. The functional first-floor layout includes an entry hall, living room, parlor/flex room, spacious bedroom, full bath, and convenient main-level laundry with side-door access. Upstairs you will find a 2-bedroom apartment with an eat-in kitchen, and a classic private split bath. Mechanical peace of mind is guaranteed with a new roof and decking (2023) and a 3-year-old furnace and central air system servicing the main floor. Outside, you will enjoy the swing on the beautiful covered front porch and a modern 2-car detached garage. Truly a rare find with incredible versatility!

Please make plans now to bid your price on this outstanding opportunity!

Approx Rm Sizes: Living Rm 15.6x14.9; Parlor / Bedroom 15.6x15.4; Eat-In Kitchen 15.4x15.2; Bedroom 13.4x10.7; Foyer 6.2x5.4; Laundry 6.2x5.4; UPSTAIRS APARTMENT - Kitchen 13x9; Living Area 11x11; Bedroom 17x15; Bedroom 15x15

Lot Size: 37x119 or .10 Acre

Year Built: 1909

Approx. Real Estate Taxes: $1,031.66 Per Yr w/ Homestead Exemptions

Parcel #: 82-05-24-030-019.001-029

Legal Description: LAMASCO L.1 & W 1/2 L.2 BL.44

Schools: Cynthia Heights Elementary; Helfrich Park Middle; Reitz High

Zoning: R-2

Terms (Please read complete terms & conditions online prior to bidding)

Real Estate: No Buyer's Premium will be charged. The successful online bidder will be required within 48 hours after auction close to sign a standard form purchase agreement and submit a 5% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2027 installment. Possession will be immediate upon closing. The property is sold on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller.

If you do not wish to bid online, please call the office to make alternate arrangements.

Seller: Estate of Sharon Vincent

Auctioneer: Trent Sohn #AU19700067, #AC3000226

Real Estate Auction Id: 2382