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    1980 Allison Ln Corydon, IN 47112

    For Sale
    Contact for pricing

    Prime location, live-work potential, auction!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This Corydon, Indiana property is being sold via online auction, concluding Wednesday, March 30th at 2 PM. The offering consists of two parcels: a commercial building and an adjacent vacant lot. The commercial building, with a minimum opening bid of $200,000, features 3 bedrooms, 1 bathroom living quarters currently rented, and a two-car garage. Previously used as a veterinary hospital, this versatile space is ideal for a live-work business, office space, or retail. The half-acre lot includes the building and is situated one mile south of the I-64 interchange, near the IN-135 business corridor. The adjacent vacant lot (MLS# 202207467) has a minimum opening bid of $30,000 and is 0.47 acres. All business personal property will be sold separately at auction. The property is being sold "as is," with inspections welcomed before the auction. A 10% buyer's premium will be added to the final bid. A 10% non-refundable down payment (cash, check, or wire transfer) is due within 24 hours of the auction's close, with the balance due in 40 days. Taxes are prorated to closing, and possession is subject to tenant rights. All closing costs are the buyer's responsibility. Open houses are scheduled for Tuesday, March 22nd and March 29th, from 11 AM to 1 PM.

    Property Features for 1980 Allison Ln

    General Information

    Property type
    Investment properties
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1990
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Old Capital Veterinary ... Veterinarian Towsley Kelley DVM Veterinarian The Spaw & Suites Pet Groomer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.13929
    Latitude
    38.22963

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    FAQs

    What type of property is this?
    Investment property - Prime location, live-work potential, auction!
    Where is this investment property located?
    The property is located at 1980 Allison Ln Corydon, IN.
    (812) 944-0217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1980 Allison Ln Corydon, IN 47112
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