POSEY COUNTY LAND AUCTION
POSEY COUNTY LAND AUCTION
THURSDAY, OCTOBER 25, 2018 • 5PM CT
ROBINSON TOWNSHIP CONSERVATION CLUB
1015 Stierley Road, Wadesville, IN 47638
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to the Estate of Raleigh M. Snodgrass. The real estate consists of 101 acres located in Sections 4 and 9 of Robinson Township, Posey County, Indiana, and is improved with a 1900’s farmhouse, more commonly known as 1200 S. Stierley Road, Wadesville, Indiana.
Tract 1: 20.5 ± ac; FSA 19.95 acres; fronting Stierley Road
Tract 2: 29.5 ± ac; all tillable; fronting Stierley Road
Tract 3: 12.5 ± ac; 10 acres wooded; fronting Stierley Road
Tract 4: 38.5 ± ac; FSA 35.75 acres; fronting Stierley Road
Tracts 1, 2, and 4: 88.5 Total Acres, Tillable Posey County Tracts
- For the farmland buyer, these tracts feature approximately 88.5 tillable acres with ample road frontage along Stierley Road which provides for easy access. Predominant soil types include Alford and Wakeland loams, with 7 Acres Evansville Soils.
- The 2018 crop is a mix of corn and soybeans. Please refer to website for FSA and soil information.
Tract 3: 12.5-Acre Farmstead
- Old farmhouse and barns ideal for a small hobby farm or the buyer looking for a nice country location with easy access.
PROPERTY LOCATION: Located in Sections 4 & 9 of Robinson Township, 4 miles south of Blairsville.
AUCTION LOCATION: The auction will take place at ROBINSON TOWNSHIP CONSERVATION CLUB, 1015 Stierley Road, Wadesville, IN 47638 on Thursday, October 25th at 5PM CT.
- Sunday, October 14, 2-4 PM CT
- Thursday, October 18, 12-1 PM CT
AUCTIONEERS NOTE: William Wilson Auction Realty is pleased to offer the Snodgrass Estate Farm at public auction. A classic Posey County farmstead, the farm offers productive tillable farmland, with 10 acres of woods, old farmhouse, and barns. Plan to inspect this property and attend this auction.
OWNER: The Estate of Raleigh M. Snodgrass
PROCEDURE: The real estate will be offered in four (4) tracts, combinations, 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. The down payment is non-refundable.
BUYERS PREMIUM: A 6% buyers premium will be added to the final bid to determine contract sales price.
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 seller’s acceptance or rejection.
DEED: Seller shall provide a sufficient 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: Buyers will receive possession to the property at closing, subject to farm tenant’s rights.
REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning May 2019.
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: Sellers will convey all minerals they own.
SURVEY: If a survey is deemed necessary to establish a new legal description, the cost of the survey will be shared 50/50 between the seller and buyer.
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.
All announcements the day of the auction take precedence over printed material or any other oral statements made.
DIRECTIONS TO FARM: From Hwy 66 at Blairsville, turn south on Stierley Road and proceed approximately 4 miles. Watch for signs.
AUCTION LOCATION: The auction will take place at ROBINSON TOWNSHIP CONSERVATION CLUB, 1015 Stierley Road, Wadesville, Indiana on Thursday, October 25th at 5PM CT.