Real Estate Auction

8372 & 8390 E US Hwy 36, Avon, IN  46123

 TWO-FAMILY RESIDENCE WITH BARN & 0.9± ACRES
SINGLE-FAMILY RESIDENCE WITH
DETACHED GARAGE & 0.4± ACRES

Thursday, August 31st, 6:30 p.m.

Auction to be held on site at the subject property,
8390 E US Hwy 36, Avon, IN  46123

OPEN HOUSES:
Wednesday, August 16th, 5:00 to 7:00 p.m.
Tuesday, August 22nd, 5:00 to 7:00 p.m.

Parcel 1: 8372 East U.S. 36, Avon; Two-family residence, built 1947

– Unit A: 2,562+ sq ft, 2 bedrooms, 2 baths, partial basement, remodeled 2013, leased $875/mo., exp. 2/28/24

– Unit B: 748± sq ft, 1 bedrooms, 1 bath, remodeled 2023, leased $825/mo., exp. 5/31/24

– 1,120+ sq ft insulated barn with loft/attic, leased $400/mo., exp. 5/31/24

– 0.9+ acres, water, septic, sewer available, 5,000+ sq ft asphalt parking area, zoned R-2 (Avon)

Parcel 2: 8390 East U.S. 36, Avon; Single-family residence, built 1961

– 1,100+ sq ft, 3 bedrooms, 1.5 baths, 2-car attached garage, updated vinyl windows, natural gas furnace with central air, needs updating/remodeling, currently vacant

– 864± sq ft detached, 3-car garage, leased $150/mo., month-to-month

– 0.4+ acres, water, sewer, zoned RB (Hendricks County)

Excellent properties for residential use, potential commercial/office conversion,
&/or future commercial or residential development

Located on U.S. 36 in the heart of Avon with commercial, retail, &
office properties in the immediate area & average annual daily traffic count of over 38,000

Subject properties to be offered in two parcels & together,
selling in the manner resulting in the highest total gross auction price

Directions to Subject Properties & Auction Site: In Avon, take U.S. 36 east from Dan Jones Road or west from Co. Rd. 900 E to the properties on the north side of U.S. 36, just west of Corottoman Court. Please look for signs.

TERMS OF AUCTION
TERMS: Purchaser to pay 10% down day of auction with balance due on or before September 29, 2023.
TAXES: Real estate taxes to be prorated to the day of closing.
FINAL BID: Property to sell subject to final confirmation of the seller.
POSSESSION: Possession day of closing, subject to applicable tenants’ rights.
BROKER CO-OP: Licensed and qualified broker representing successful purchaser to receive co-op commission of 1% of the gross auction sale price.
IMPROVEMENTS: All improvements to be sold in “AS IS” condition.
INSPECTIONS: Call LAWSON & CO. at 317-745-6404 to schedule an appointment to inspect the subject property, or visit the Open Houses.

Click Here to View Photos

Click Here to View the Auction Brochure

Click Here to View the Multifamily Duplex Zoning Variance

Owner: Gary M. & Sunny K. Higgins

LAWSON & CO.
Auctioneers & Real Estate Professionals 

Jack A. Lawson AU01000629 – Brandon K. Lawson AU19300138
1280 E. MAIN STREET · DANVILLE, INDIANA 46122
(317)745-6404 · FAX (317) 745-7810 · AC31300014