105.3 +/- ACRES, NICE HOME AND BARN ON 4.8 +/- ACRES


  • 105.3 +/- Total Acres with FSA 86.2 +/- Tillable Acres
  • 700+ Feet Road Frontage
  • Nice Brick Home and Barn on 4.8+/- Acres
  • Offered in (8) Tracts, Combinations, and the Entirety 
  • Buy from 2 to 29.5 Acres or the Entirety!

LIVE ON-SITE AUCTION
Began: 03/04/17 at 12:00 PM CST
Location: St. Wendel Knights of St. John, 11714 Winery Rd, Wadesville, IN 47638
INSPECTION
Began: 02/15/17 at 5:00 PM CST
Ended: 02/15/17 at 6:00 PM CST
Location: 14245 N. Posey County Line Rd, Poseyville, IN 47633

INSPECTION
Began: 02/22/17 at 5:00 PM CST
Ended: 02/22/17 at 6:00 PM CST
Location: 14245 N. Posey County Line Rd, Poseyville, IN 47633

INSPECTION
Began: 02/26/17 at 2:00 PM CST
Ended: 02/26/17 at 3:00 PM CST
Location: 14245 N. Posey County Line Rd, Poseyville, IN 47633


AUCTION

SATURDAY, MARCH 4, 2017 • 12:00 NOON CT

105.3 +/- ACRES

NICE BRICK HOME AND BARN ON 4.8 +/- ACRES

 

AUCTION LOCATION:

ST WENDEL KNIGHTS OF ST JOHN

11714 WINERY ROAD, WADESVILLE, IN 47638

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to John H. Paul in St. Wendel as follows:

105.3 +/- Total Acres with FSA 86.2 +/- Tillable Acres • Productive Tillable Farmland • 700+ Feet Road Frontage • Nice Brick Home and Barn on 4.8+/- Acres • Outstanding Buying Opportunity in the Heart of St. Wendel • Offered in (8) Tracts, Combinations, and the Entirety • Buy from 2 to 29.5 Acres or the Entirety!

PROPERTY LOCATION: The farm is located in Section 7 of Armstrong Township, at the intersection of St. Wendel and Winery Road; the home is located at 14245 N. Posey County Line Road just north of St. Wendel Church/School; 16 miles northwest of Evansville

FOR THE FARMLAND INVESTOR: The John Paul farm represents 105.3 total acres and boasts 86 acres of tillable land with good production history and path of progress potential.

FOR THE DEVELOPER/HOME SITE BUYER: Perfect for walk-out basements and lake sites, the farm is uniquely suited for nice, well built homes. Opportunity is here for long-term development in the heart of St. Wendel.

PROPERTY DESCRIPTION

Tracts 1 & 2: 4.8 Total Acres; Nice Brick Home and Barn

  • 1981-constructed brick home
  • 1,302 square feet w/ 2-BR, 1.25 BA
  • Full-unfinished walk-out basement
  • Attached 2-car garage
  • Walk-out rear deck
  • 28′ x 40′ pole building with two sliding doors
  • Tract 2 is classified as a buildable 2-acre parcel
  • Just north of St. Wendel Church/School
  • Great views of the valley!
  • Buy 2.8 acres with the house or combine both lots for a total of 4.8 acres 200′ from St. Wendel Church/School

Tracts 3-8: 105.3 Total Acres; Approx. 86.2 Acres Cropland

Productive Vanderburgh County farmland featuring Hosmer, Stendal, and Zanesville as the predominant soil types on these tracts. The topography of the tracts is rolling with good drainage. Tracts 3 and 4 have frontage along St. Wendel Road. The remaining tracts are accessed by way of a proposed 60′ easement off of St. Wendel Road which follows the long-standing farm road all the way to the back of the farm.

The 2016 crop was corn. Please refer to website for FSA and soil information.

With sloping topography, these tracts would also be ideally suited for individual home site development in the heart of St. Wendel. Accessed by way of the proposed 60′ easement, Tracts 5-8 especially offer privacy and some outstanding potential home and lake sites. Zoning of the farm is currently A-Agricultural.

AUCTION LOCATION: The auction will take place at St. Wendel Knights of St. John, 11714 Winery Rd, Wadesville, IN 47638 at 12:00 NOON CT on Saturday, March 4, 2017.

INSPECTIONS:

Wednesday, Feb 15, 2017 – 5-6:00 PM

Wednesday, Feb 22, 2017 – 5-6:00 PM

Sunday, Feb 26, 2017 – 2-3:00 PM (all times Central Time)

or view one hour prior to auction

INSPECTION LOCATION: At Tract 1, the residence, 14245 N. Posey County Line Rd

OWNER: John H. Paul

All announcements the day of the auction take precedence over printed material or any other oral statements made.

PROCEDURE: The real estate will be offered in (8) tracts, combinations of tracts and the entirety.  There will be open bidding during the auction as determined by the Auctioneer.  Conduct of the auction and increments of bidding are at the discretion of the auctioneer.  All decisions of the Auctioneer are final.

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.  The final bid price is subject to the sellers’ acceptance or rejection.

DEED: Sellers shall provide a Special Warranty Deed conveying title to the property.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

POSSESSION: Possession of real estate shall be delivered to the buyers at closing.  Buyer shall have immediate farming rights for the 2017 crop.

REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyers beginning with the taxes due and payable in November 2017 and thereafter.

MINERALS: Owners will convey what they currently own.

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos.  Purchaser should make his/her own independent determination of acreage prior to bidding.  

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence.  The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

• From Boonville-New Harmony Rd west of Darmstadt, follow to the St. Wendel Church then turn south on St. Wendel Rd.

• From IN-66, turn on Winery Rd just east of Blairsville and follow to the intersection of Winery Rd and St. Wendel Rd.  Watch for signs

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Paul Farm - Road Frontage Auction Plat Tracts 1-2 Auction Plat Tracts 3-8 Paul Farm East 14245 N. Posey County Line Rd, Poseyville, IN 47633

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PAUL FARM ROAD FRONTAGE PAUL FARM SOUTH PAUL FARM SILVER BELL
PAUL HOUSE PROXIMITY TO CHURCH TRACTS 1 & 2 OVERHEAD TRACTS 1 & 2

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