+1 (855) 353-1100 info@keyauctioneers.com

Commercial/Manufacturing Real Estate in Terre Haute Indiana

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Live On-Site Auction

Tuesday, August 29th
10:00 AM (ET)

Preview

Tuesday, August 15th
10:00 AM – 12:00 PM (ET)

Auction Details

Three Parcels of Commercial and Light Manufacturing Real Estate for Auction: Parcel 1 features a 5,190 SF Building on .20 AC, zoned C-2. Parcel 2 features a 4,230 SF Building on .24 AC, zoned C-2. Parcel 3 features a 4,000 SF Building on .48 AC, zoned M-1.

Properties will be Offered Separately and in Combination! Also selling Machine Shop Equipment same day.

Parcel 1 
Address 1502 Lafayette Avenue, Terre Haute, IN 47804
Zoning C-2
Parcel Numbers 84-06-10-285-001.000-002 
Lot Size 0.20 AC (8,690 SF)
Frontage Area 45′
Building Size 5,190 SF | Offices-2,220 SF & Shop Area-2,970 SF
  (2) two-piece Restrooms
  (2) 16′ Overhead Doors
Measurements Vestibule 8’x12′ | Ofc 1-17’x13′ | Ofc 2-10’x10′ | Ofc 3-10’x18′
  Break Room 26’x 14′ | Shop Bay 1-53’x30′ / Bay 2-58’x34′
Construction Type Concrete block
Roof Type Pitched, asphalt shingled – NEW in 2015
Year Built 1965
HVAC Type Offices-FWA gas & Central A/C | Shop-Gas suspended
Electric Single- and 3-phase Power
Clear Ceiling Height 16′
Parking Lot 3,500 SF Paved
Assessed Tax Value $60,000
Annual Taxes $1,725
Other Pertinent Data (2) 16′ OH doors
Required Down Payment $10,000 cashier’s check day of sale; bring to 10% within 3 days
Closing Time Within 30 days
Tax Administration Pro-rated to date of closing
   
Parcel 2
Address 1502 Lafayette Avenue, Terre Haute, IN 47804
Zoning C-2
Parcel Numbers 84-06-10-262-003.000-002
Lot Size 0.24 AC (10,400 SF)
Building Size 4,230 SF 
  (2) 14′ Drive-thru overhead Doors; framed for a third
  (1) two-piece restroom
Construction Type Concrete block
Roof Type Flat-Rubber membrane
Year Built 1962
Bays 1 – 35′ x 58′ | 2 – 17′ x 58′ | 3 – 19′ x 58′
Electric Single- and 3-phase Power
Clear Ceiling Height 16′ peak | 14′ eave
Assessed Tax Value $34,700
Annual Taxes $996
Required Down Payment $10,000 cashier’s check day of sale; bring to 10% within 3 days
Closing Time Within 30 days
Tax Administration Pro-rated to date of closing
   
Parcel 3
Address 1504 Lafayette Avenue, Terre Haute, IN 47804
Zoning M-1
Parcel Numbers 84-06-10-284-010.000-002 | 84-06-10-284-009.000-002 fenced |
  84-06-10-259-016.000-002 | 84-06-10-259-015.000-002
Lot Size 0.48 AC
Frontage Area 130′ along Florida; 40′ along 15th Street
Building Size 4,000 SF Pole Building
  (1) three-piece Restroom
  (1) 14′ Overhead Door
Construction Type Steel framed, 12′ column spacing
Roof Type Metal
Year Built 1991 | renovated 2005
HVAC Type Gas suspended
Electric Single- and 3-phase 440 Power
Clear Ceiling Height 22′ peak; 16′-5″ eave
Parking Lot Gravel with 15 spaces
Assessed Tax Value $38,700 (all 4 parcels)
Annual Taxes $1,116
Required Down Payment $10,000 cashier’s check day of sale; bring to 10% within 3 days
Closing Time Within 30 days
Tax Administration Pro-rated to date of closing

For more information, contact
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)
vhughes@keyauctioneers.com

Key Terms
10% buyers premium will be collected
Licenses: Seth Seaton: AU10900115 Auction Co: AC30900124
Seller: Billy W. Anderson & Wabash Machine, Inc.

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