CEDAR POINTE BUILDING LOT ABSOLUTE ONLINE AUCTION - BIDDING ENDS: TUESDAY, FEBRUARY 21 @ 2PM Selling at absolute online auction to the highest bidder - one of the remaining building lots in the newly developed Section 2 of Cedar Pointe in Galena off Highway 150 in Floyd County just 4 miles from I-64 Greenville Exit. Sewer, water & electric available. Buyer to pay sewer tap in fee of $4, 200 at closing. Residential 0.28 Acre building lot with 178’ road frontage ideal for walk out or daylight basement. Creek on rear of property. Restrictions & Protective Covenants. Homeowner Association $200 Annual Fee. Minimum building requirement 1 Story-1, 200 SF, 1 1/2 Story-1500 SF, 2 Story-1500 SF, Garage - 2 Car Attached. New Albany-Floyd County Schools. BUYERS PREMIUM 10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to pay at closing $4, 200 Sewer Tap in Fee. Buyer to receive clear title. Taxes prorated to the day of closing. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.
