187 +/- ACRE BLUE RIVER REAL ESTATE AUCTION
MILLTOWN · CRAWFORD COUNTY
OFFERED IN 8 TRACTS · COMBINATION BIDDING
2800’+ BLUE RIVER FRONTAGE
2000 BOWSMAN BUILT CUSTOM HOME · 1900 SF · 3BR/3BA
ONLINE ONLY · BIDDING ENDS JUNE 20
Address: 10526 E Daugherty Lane, Milltown, IN 47145
Location: Only 20 miles NW of Corydon & 36 miles NW of Louisville KY!
REAL ESTATE INFO: RARE BLUE RIVER FRONTAGE PROPERTY! Showcasing 187 +/- mostly open acreage being offered in eight (8) tracts located just 20 miles NW Corydon! A GOLDEN once-in-a generation purchase opportunity, this property has been family owned for 140+ years & this is the first time ever offered to the public! Includes 2800’+ frontage on Blue River, 6500’+/- road frontage on Daugherty Lane, a natural spring, three (3) water wells, 2000 built Bowsman custom 1900 SF 3BR/3BA home, six (6) barns including a 55x160 Quonset barn, fencing, and much, much more!! Very private location on a dead-end road! Perfect for your dream home, weekend getaway, recreation, whatever you desire!!! Tracts may be bid on separately or in combinations of your choice in conjunction with the Ultimate Choice bidding platform! Do not miss out!
TRACT #1: Includes 28 +/- acres, 2000 built custom home by Bob Bowsman Sr, 70% open acreage, 30% wooded acreage, 425’+/- road frontage on Daugherty Lane, fencing, & adjoins Tracts 2, 3, 4, & 8. House interior features: 1900 SF main floor, 1900 SF unfinished full walkout basement, 3BR/3BA, formal brightly lit living room with large picture windows, kitchen features eat-at island, Schmidt hardwood cabinets, oven & range, formal dining room, main floor utility room, master bedroom suite with large walk-in closet, two additional bedrooms & second bath on main floor, & third full bath in basement. House exterior features: hilltop setting with AMAZING views, red brick siding, 2x6 walls for added insulation, asphalt-shingled roof, enclosed concrete walkout porch, concrete sidewalks, and the ultimate covered concrete front porch with white fence railing that overlooks the entire farm! Mechanicals: LP gas forced air furnace, central air, LP gas water heater, well water (well located on Tract 1), septic system, 200-amp electric service, setup with manual transfer switch for backup generator. NOTE: Part of this tract is assessed as classified forest lands. See “Documents” section for details. NOTE: livestock waterer on this tract is fed by well located on Tract 4 (buyer will need to coordinate well use with buyer of Tract 4, unless Tracts 1 & 4 are purchased together).
TRACT #2: Includes 18.1 +/- acres, 685’+/- Blue River frontage (entire eastern boundary), 620’+/- road frontage on Daugherty Lane, open acreage, fencing, potential building sites, no improvements, & adjoins Tracts 1 & 3.
TRACT #3: Includes 17.1 +/- acres, 465’+/- Blue River frontage (entire eastern boundary), 440’ +/- road frontage on Daugherty Lane, open acreage, fencing, potential building sites, no improvements, & adjoins Tracts 1, 2, & 4. NOTE: two (2) livestock waterers located on this tract are fed by well located on Tract 4 (buyer will need to coordinate well use with buyer of Tract 4, unless Tracts 3 & 4 are purchased together).
TRACT #4: Includes 39 +/- acres, 920’+/- Blue River frontage (entire eastern boundary), 575’+/- road frontage on Daugherty Lane, includes improvements, open acreage, fencing, potential building sites, & adjoins Tracts 1, 3, 5, & 8. Improvements: 1) 2010 built 55’x160’ Quonset storage barn with concrete floor, office area with electric heat/air/water heater, full bath, & separate septic system, 2) 60’x40’ barn with electric (open on east side); 3) 40’x20’ small barn with electric; 4) 60’x40’ hay storage barn; 5) 25’x30’ barn with concrete floor, loft, & slat siding for ventilation; 6) 32’x48’ barn with full loft. NOTE: includes two (2) water wells & livestock waterers. NOTE: Livestock chute, crowd tub, and corral panels are being sold separately in the personal property/equipment auction.
TRACT #5: Includes 24.8 +/- acres, 945’+/- Blue River frontage (entire eastern boundary), 630’+/- road frontage on Daugherty Lane, mostly open acreage, some woods, fencing, potential building sites, no improvements, & adjoins Tracts 4 & 8. Also includes a natural spring, but needs excavation work to utilize it.
TRACT #6: Includes 12 +/- acres, 1660’+/- road frontage on Daugherty Lane, natural spring connected to concrete holding tank/livestock waterer (buyer will need to coordinate use with buyer of Tract 7, unless Tract 6 & 7 are purchased together); open acreage, fencing, potential building sites, no improvements, & adjoins Tract #7.
TRACT #7: Includes 26.5 +/- acres, 440’+/- road frontage on Daugherty Lane, open acreage, fencing, potential building sites, no improvements, & adjoins Tracts 6 & 8. NOTE: livestock waterer located on this tract is fed by well located on Tract 4 (buyer will need to coordinate well use with buyer of Tract 4, unless Tract 4 & 7 are purchased together). A natural spring holding tank/livestock waterer is fed by overflow from the natural spring located on Tract 6 (buyer will need to coordinate spring use with buyer of Tract 6, unless Tracts 6 & 7 are purchased together).
TRACT #8: Includes 22.2 +/- acres, 1208’+/- road frontage on Daugherty Lane, includes a 2006 built 40’W x 100’L open sided livestock barn (easy to repurpose/enclose as garage or shop) with 200-amp electric service (meter base located on Tract 4-buyer will need to install separate meter unless Tracts 4 & 8 are purchased together), open acreage, fencing, potential building sites, & adjoins Tracts 1, 4, 5, & 7. NOTE: Part of this tract is assessed as classified forest lands. See “Documents” section for details. NOTE: two (2) livestock waterers located on this tract are fed by well located on Tract 4 (buyer will need to coordinate well use with buyer of Tract 4, unless Tracts 4 & 8 are purchased together)
ULTIMATE CHOICE BIDDING SYSTEM: The “Ultimate Choice” bidding system allows someone to bid on individual tracts or a combination of tracts throughout the auction. This auction system DOES NOT include a maximum bid feature; the price will increase to the bid amount that is entered for both individual tract bids or combination bids. Any posted bid is considered active and could be back in winning position any time during the auction due to different combinations being offered. Combination bidding will be allowed as of Noon on Tues June 13. The final auction price will be determined by the combination which realizes the highest bid. If you have any questions about this system, please do not hesitate to contact our office to discuss.
OPEN HOUSE/INSPECTION: #1: Mon June 12 3-6 PM; #2: Mon June 19 12-2 PM
FARM EQUIPMENT & PERSONAL PROPERTY: These items will be sold at an online only auction on June 21.
UTILITIES: Electric-Duke Energy (electric available to all tracts-main power transmission lines run along Daugherty Lane); LP gas (tank is leased)-Premier Companies (Seymour); Water-wells (sulfur free)
POSSESSION/CLOSING INFO: We strongly encourage all closings be conducted by Davis, Davis, & Layson in Corydon (ph 812-738-3201) for purposes of coordination. Possession at closing & buyer to pay all closing fees except deed prep.
GAS/MINERAL RIGHTS: All oil, gas, and mineral rights owned by the Seller will be conveyed to the Purchasers. Seller is not currently receiving proceeds from lease.
FOREST RESERVE: Part of Tract #1 and #8 (10.10 +/- acres) are in the Classified Forest Program. See “Documents” section for map and information. Buyers may elect to remain in or be removed from the program. Buyers are responsible for all costs, applications, processing, etc. pertaining to remaining in or removal from the program. Estimated fees are $50/acre to remove ground from this program.
PARCEL ID NOS: Tracts 1-8 will be split from parcel numbers 13-04-26-200-001.000-013 & 13-04-25-100-001.000-013
TAXES: 1) Current taxes for parcel number 13-04-26-200-001.000-013 are $3,894.50 per semi-annual installment; 2) Current taxes for parcel number 13-04-25-100-001.000-013 are $6.00 per semi-annual installment. Tax amounts are based on seller’s current exemptions/deductions, if any.
DIRECTIONS: From Palmyra, west on IN-66 8.8 miles, south on IN-66 4 miles, then left (east) on Daugherty Lane to site. From Corydon, north on Corydon Ramsey Rd, west (left) on IN-64, right (north) on IN-66, then right (east) on Daugherty Lane to site.
REFERENCE POINTS: Palmyra-14 miles W; Corydon-20 miles NW; New Albany-31 miles NW; Louisville KY-36 miles NW; Evansville-104 miles NE; Indianapolis-115 miles S
OWNER: Bryan S. Daugherty