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    Allison Ln Corydon, IN 47112

    For Sale
    Contact for pricing

    Prime location, two parcels, online auction.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents two parcels in Corydon, Indiana, selling via online auction concluding Wednesday, March 30th at 2 PM. Parcel 1 encompasses a commercial building with a minimum opening bid of $200,000. This building is conveniently located one mile south of the I-64 interchange, placing it within easy reach of the IN-135 business corridor. The property is zoned B-2 General Business, offering considerable flexibility for various commercial uses. Parcel 2 is a vacant lot of 0.47 acres, with a minimum opening bid of $30,000, presenting potential for future development or expansion. Both parcels are being sold together in this auction. A 10% buyer's premium will be added to the final bid price. A 10% non-refundable down payment (cash, check, or wire transfer) is due within 24 hours of the auction's close, with the remaining balance due within 40 days for clear title. Taxes are prorated to the closing date, and possession is granted at closing. The property is sold "as is," without contingencies, although inspections are encouraged before the auction. All closing costs are the responsibility of the buyer. On-site auctioneer viewings are available Tuesday, March 22nd and March 29th, from 11 AM to 1 PM.

    Property Features for Allison Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,473 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.14082
    Latitude
    38.22895

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, two parcels, online auction.
    Where is this commercial real estate located?
    The property is located at 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
    Allison Ln Corydon, IN 47112
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