5 beds 5 baths 4,642 sqft

A Rare Chance to Secure a Large-Scale Historic Property at Auction

Welcome to an exceptional real estate opportunity—an expansive historic residence now offered through an online auction format. Properties of this size, character, and long-term potential rarely become available under auction conditions, making this a compelling prospect for investors, developers, and experienced buyers seeking value and upside.

This impressive two-story home, originally constructed in 1889, offers approximately 4,642 square feet of interior living space and sits on a 0.61-acre residential lot. With five bedrooms, five bathrooms, and a generous layout, the property presents an outstanding opportunity for restoration, redevelopment, or long-term investment.

The home is currently active in an online auction and will be sold subject to a 5% buyer’s premium in accordance with auction terms and conditions. All bids are subject to seller approval, and the final sale price may differ significantly from the current list price, which should not be considered indicative of the final reserve.

Important Notice:
The property is occupied. Interior access is not available. Buyers must not disturb occupants under any circumstances. Trespassing is strictly prohibited and considered a criminal offense. The property is being sold as-is, with no inspections or contact permitted prior to closing.

A Historic Residence with Timeless Scale and Presence

Built in the late 19th century, this property reflects the architectural presence and construction style of its era. With a solid frame structure, stone foundation, and traditional two-story layout, the home offers a strong structural footprint that can support a wide range of renovation or redevelopment possibilities.

The scale of the home is one of its most impressive features. With over 4,600 square feet of space, the property provides flexibility that is rarely found in comparable listings. Whether envisioned as a large private residence, multi-generational home, or investment project, the size alone opens the door to numerous creative uses.

Interior highlights (based on available data) include:

• Five bedrooms, including one on the main level
• Three full bathrooms and two half bathrooms
• Dedicated den area
• Eat-in kitchen space
• Hardwood and mixed flooring throughout
• Partial basement offering additional utility space

The layout supports both traditional and modern living configurations, making it adaptable to future upgrades or redesign.

Investment Opportunity with Significant Upside

This property is ideally suited for buyers who understand the value of acquiring real estate through auction channels. With a price per square foot significantly below market averages, the potential for equity creation is substantial.

Key investment advantages include:

• Large square footage at a low entry cost
• Historic construction with renovation appeal
• Flexible layout for various end uses
• Strong resale or rental potential after improvements

For experienced investors, properties like this can represent a strategic opportunity to add value through renovation, repositioning, or redevelopment.

Auction Details and Buyer Considerations

The auction format introduces a unique purchasing process that differs from traditional real estate transactions. Buyers should be prepared to act decisively and understand the terms involved.

Key auction terms include:

• 5% buyer’s premium added to the final bid price
• Minimum premium requirements may apply
• All bids subject to seller approval
• Property sold strictly as-is
• No inspections permitted prior to purchase
• Cash purchase required

Because interior access is not available, buyers should base their decisions on available exterior information, public records, and professional judgment. This makes the property particularly suited for experienced buyers who are comfortable with auction conditions and risk-managed acquisitions.

Exterior Features and Lot Characteristics

The property sits on a 0.61-acre rectangular residential lot, offering a manageable yet functional outdoor space. The lot dimensions and layout provide flexibility for landscaping, outdoor improvements, or future enhancements.

Exterior features include:

• Dirt driveway access
• Detached garage with two parking spaces
• Level, rectangular lot configuration
• Residential zoning context

The lot size is ideal for buyers seeking a balance between space and maintainability, offering enough room for outdoor use without excessive upkeep requirements.

Utilities and Infrastructure Potential

While some utilities are noted as available, they are not currently connected, and buyers should plan for evaluation and potential upgrades post-acquisition.

Utility-related features:

• Public water available but not connected
• Sewer availability noted
• Gas heating system (hot water-based)
• Gas water heater included

These elements suggest that the property has access to essential infrastructure, though activation and modernization may be required depending on the buyer’s plans.

Historic Appeal Meets Modern Possibilities

Homes built in the late 1800s carry a level of craftsmanship and character that is difficult to replicate today. From the structural integrity of the materials to the proportions of the rooms, this property offers a foundation that can be transformed into something truly remarkable.

Potential renovation visions include:

• Restoring the home to its original historic charm
• Modernizing interiors while preserving architectural character
• Creating a luxury residence with expansive living areas
• Converting into a multi-unit investment property (subject to zoning)

For buyers with vision, this property represents a blank canvas with strong underlying value.

Location and Accessibility

Situated in the Jordan region, the property benefits from a residential setting that supports long-term livability and investment stability. While specific neighborhood details may vary, the general characteristics of the area contribute to the property’s appeal.

Location advantages may include:

• Residential environment suitable for long-term occupancy
• Accessibility to nearby towns and services
• Potential for appreciation based on market trends

Buyers are encouraged to conduct independent research on the surrounding area to fully understand local amenities, market conditions, and development trends.

Financial Overview

The property carries a tax-assessed value of $324,500, with annual property taxes totaling approximately $9,752. This provides insight into the property’s valuation from a municipal perspective and may serve as a reference point for long-term investment considerations.

Additional financial notes:

• Price per square foot is significantly below typical market rates
• Auction pricing structure creates opportunity for competitive acquisition
• Cash purchase requirement simplifies transaction timeline

For investors, these factors combine to create a potentially attractive acquisition profile.

Important Disclaimers

This property is being sold under strict conditions that must be respected by all prospective buyers:

• Do not disturb occupants under any circumstances
• Trespassing is illegal and will be prosecuted
• No interior access is available prior to purchase
• No inspections are permitted before closing
• Property is sold entirely as-is, where-is

These conditions are standard for certain auction properties but require careful consideration and due diligence from buyers.

Who This Property Is Best Suited For

Given the nature of the sale and the condition of the property, this opportunity is best suited for:

• Experienced real estate investors
• Cash buyers comfortable with auction purchases
• Renovation specialists and developers
• Buyers seeking large properties at below-market entry points

It may not be suitable for first-time homebuyers or those requiring financing or move-in-ready conditions.

Final Thoughts – A High-Risk, High-Reward Opportunity

This auction property represents a classic example of high-risk, high-reward real estate investing. With its large footprint, historic origins, and below-market pricing structure, it offers the potential for significant upside for the right buyer.

However, it also requires a clear understanding of the risks involved, including lack of interior access, as-is condition, and auction-specific terms.

For those prepared to navigate these factors, the rewards can be substantial.

Opportunities like this do not come often—especially properties with this level of size, character, and investment potential. If you are looking to expand your portfolio, take on a restoration project, or secure a large property at a competitive price, this auction listing deserves serious consideration.

Act decisively, conduct your due diligence, and be prepared to compete—because properties like this tend to attract strong interest from savvy buyers.

This is your chance to turn potential into profit and transform a historic structure into a valuable asset.

 

 

 

 

 

Listed on Zillow.