ABSOLUTE LAND AUCTION – 117 +/- ACRES POSEY COUNTY HUNTING AND RECREATIONAL LAND
ABSOLUTE LAND AUCTION
TUESDAY, APRIL 25, 2017 • 5:30 PM CT
117 +/- ACRES POSEY COUNTY HUNTING AND RECREATIONAL LAND
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Mulzer Land Group LLC, located in Sections 7 and 18 of Bethel Township and in Section 8 of SW Black Township, Posey County, Indiana.
- 117.73 total acres
- Ideal wildlife habitats
- Northern and Southern Posey County locations
- Offered in (4) tracts, combinations and entirety
- Southern Posey County property
- 18.9 total acres
- 5+ acre lake
- Easy access off Hwy 62
- 6 miles west of Mt. Vernon, 1 mile east of Wabash River, just south of Pitcher Lake
TRACTS 2 – 4
- Northern Posey County property
- 98.83 total acres
- Easy access off Hwy 69, just south of Griffin
- 4,000′ frontage along Black River
- Frontage along Core Levee
- 18 tillable acres
- Perfect for food plots
AUCTION LOCATION: The auction will take place at The Auction Center, 1026 Granary St, New Harmony, IN 47631 on Tuesday, April 25, 2017 at 5:30 PM CT.
Inspections held at The Auction Center
• Saturday, April 8, 2017 – 10:00 AM-12:00 NOON CT
• Sunday, April 23, 2017 – 2-3:00 PM CT
AUCTIONEER’S NOTE: We are excited to offer these two outstanding recreational properties at absolute auction. Tract 1 in Black Township is just south of Pitcher Lake and has a five acre lake on this 18.9 acre wooded property. With its easy access off Highway 62, this is a prime hunting land with signs of deer and turkey. Tracts 2-4 just south of Griffin, IN is a hunter’s paradise. Plenty of field space for food plots, clear tree lines for tree stands and blinds, and frontage along Black River make this the hottest turkey and white tail spot on the market. During the evening hours you can watch from the road as the deer move in-and-out of this property. If you are looking for recreational land, this is it!
OWNER: Mulzer Land Group LLC
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 (4) tracts, in combinations and in 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. The down payment is non-refundable. Should a buyer default, the down payment shall be divided as follows: 20% to William Wilson Auction Realty; 80% to the owner. 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 real estate will sell at absolute auction, regardless of price.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the high bid to determine the contract sale price.
DEED: Seller shall provide Corporate Warranty Deeds conveying title to the property.
CLOSING: The balance of the purchase price is due from the successful bidder(s) 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 buyer at closing, subject to any current farming or hunting leases.
REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning with the taxes due and payable in November 2017 and thereafter.
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.
MINERALS: Owner shall convey all mineral interests they currently own.
COVENANT: Owner shall convey real estate with a covenant for non-competitive uses.
SURVEY: If a survey is deemed necessary to establish a new legal description for any of the tracts, the cost of the survey will be shared 50/50 between the owner and buyer(s).
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.
To The Auction Center: From I-64 take Exit 4 to New Harmony. Turn South onto the Thomas F. Mumford Highway (Highway 69 Bypass) and follow to the first exit to New Harmony. “The Auction Center” is located on the north side of Church Street. From Hwy 69, take the North exit to New Harmony and follow to “The Auction Center”.