311 East Staat Street Sells at Auction, Steps From Main Street
Homes this close to downtown Fortville rarely come up, and when they do, most buyers never get a shot. This one sells in public on one Saturday morning, and every bid is called out loud and shown live online, so you know exactly what it takes to win.
- Opens$80,000
- Home2 bed · 1 bath · 1,010 sq ft
- Lot0.18 acre
- BidOn-site or online
In Fortville, the location is the hard part. This one already has it.
311 East Staat Street is a one-level 1950 home with 2 bedrooms, 1 bath and 1,010 square feet, a covered front porch and a generous 0.18-acre lot. It sits just steps from Main Street's shops and restaurants and a few doors down from Landmark Park. It's vacant and ready for renovation, which is exactly why bidding opens at $80,000, below the county's 2025 assessed value of $84,900.
Flip it
Buy in at auction, renovate, and resell in one of the most walkable spots in town.
Rent it
A downtown rental with city water and sewer, fiber internet available and no HOA.
Make it yours
Renovate the home, then use the lot to explore an addition and the garage it doesn't have yet.
Know the terms before you bid
- Date & time
- Saturday, December 5, 2026, 10:00 A.M. Eastern
- Location
- On-site at 311 East Staat Street, Fortville, IN 46040, plus online at BidBurgess.com
- Opening bid
- $80,000
- Auction type
- Seller confirmation: the seller accepts or rejects the high bid within 24 hours.
- Buyer's premium
- 10% added to the high bid to set the purchase price.
- Earnest money
- $5,000 wired to Fidelity National Title by 5:00 P.M. Mon., Dec. 7.
- Closing
- On or before Mon., Jan. 4, 2027 at Fidelity National Title. Possession at closing.
- Condition
- Sold as-is, where-is. No financing, appraisal or inspection contingencies.
- Taxes
- Seller pays the Nov. 2026 installment. Buyer pays May 2027 on. No proration.
- Brokers
- 3% of the high bid. Register your buyer by 5:00 P.M. Fri., Dec. 4.
The full Terms & Conditions of Sale and the Agreement to Purchase control over anything on this page.
The home
- 2 bedrooms, 1 full bath
- 1,010 sq ft, all on one level
- Covered front porch
- Vinyl siding with shutters
- 0.18-acre level lot
- 120 sq ft storage shed
- City water and sewer, no HOA
- Vacant, ready for renovation
| Year built | 1950 |
|---|---|
| Foundation | Crawl space |
| Lot | 0.18 acre (7,841 sq ft) |
| Garage | None |
| Internet | Brightspeed fiber available |
| Flood zone | FEMA Zone X (minimal) |
| Schools | Fortville Elementary, Mt. Vernon Middle, Mt. Vernon High |
| Taxes (2025) | $917 semi-annual |
| Assessed value (2025) | $84,900 |
| Parcel | 30-02-09-400-003.001-017 |
| MLS | 22134833 |
See it in person
- [OPEN HOUSE DATE & TIME]
- [OPEN HOUSE DATE & TIME]
Private showings by appointment with Jason Snider, J. Snider Real Estate. Walk through before auction day, because every inspection has to happen before the bidding starts.
Call Jason: 317-507-1692Auction documents
Read them before you bid, because the documents control the sale.
311 East Staat Street auction FAQ
When is the 311 East Staat Street auction?
Saturday, December 5, 2026 at 10:00 A.M. Eastern, live on-site at 311 East Staat Street, Fortville, IN 46040, with online bidding at BidBurgess.com.
What is the opening bid?
Bidding opens at $80,000. For comparison, the county's 2025 assessed value is $84,900.
Can I bid online?
Yes. Register at BidBurgess.com before the auction. Online bidders must be approved before bidding opens, so register early.
Is there a buyer's premium?
Yes. A 10% buyer's premium is added to the high bid to set the purchase price. A $90,000 high bid is a $99,000 purchase price.
How much is the earnest money, and when is it due?
$5,000, wired to Fidelity National Title by 5:00 P.M. on Monday, December 7, 2026. Wire instructions come only from Fidelity; always confirm them by phone before sending.
When is closing?
On or before Monday, January 4, 2027, at Fidelity National Title. Possession is at closing.
Can I use a mortgage?
Yes, but the sale is not contingent on financing or appraisal. Have your lender approval in place before you bid.
Is the sale final when the bidding stops?
It is a seller confirmation auction. The seller will accept or reject the high bid within 24 hours of the close of the auction.
Can I see the house before the auction?
Yes. Open houses will be announced here. Private showings are available by appointment with Jason Snider, J. Snider Real Estate, 317-507-1692. All inspections must be done before the auction, because the home sells as-is.
Is the house occupied?
No. The home is vacant, and possession transfers at closing.
Who pays the property taxes?
The seller pays the November 2026 installment. The buyer pays all taxes due after that, with no proration. Semi-annual taxes are currently $917 (2025 tax year).
Is there room to add on or build a garage?
The lot is 0.18 acre (7,841 sq ft) and level, and there is no garage today. Check setbacks and permits with the Town of Fortville before you bid.
What school district is it in?
Mt. Vernon Community School Corporation: Fortville Elementary, Mt. Vernon Middle School and Mt. Vernon High School.
Is it in a flood zone?
No. It is in FEMA Zone X, an area of minimal flood hazard.
Do you pay brokers?
Yes. A licensed buyer's broker earns 3% of the high bid, paid at closing, if the Broker Participation Agreement is submitted by 5:00 P.M. Friday, December 4, 2026.
Saturday, December 5 at 10:00 A.M.
Register at BidBurgess.com now, because online bidders must be approved before the auction starts, and accounts can't be approved once bidding opens.
Where Tradition Meets Opportunity.
Register to Bid