602 +/- ACRE WARRICK COUNTY FARMLAND AUCTION

ABSOLUTE AUCTION


ABSOLUTE AUCTION!

ATTENTION FARMERS, HUNTERS, AND INVESTORS!!

  • 602 +/- Total Acres with FSA 546.79 +/- Tillable Acres
  • Productive, Tillable Land
  • Tiled and Dammed
  • Quality Recreational Tract near Selvin
  • Offered in (13) Tracts, Combinations, and the Entirety

LIVE ON-SITE AUCTION
Begins: 11/14/18 at 12:00 PM CST
Location: Spencer County Youth and Community Center, 4-H Fairgrounds, 1101 E CR 800 N, Chrisney, IN 47611
INSPECTION
Begins: 10/23/18 at 12:00 PM CDT Ends: 10/23/18 at 2:00 PM CDT
Location: Tract 4, just off Hwy 62, North of Gentryville,

INSPECTION
Begins: 11/03/18 at 12:00 PM CDT Ends: 11/03/18 at 3:00 PM CDT
Location: Tract 4, Just off Hwy. 62, North of Gentryville,


ABSOLUTE AUCTION

602 +/- ACRE WARRICK COUNTY FARMLAND

WEDNESDAY, NOVEMBER 14, 2018 • 12 NOON CT

LOCATION: SPENCER COUNTY YOUTH & COMMUNITY CENTER

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to The Blessinger Brothers Land Trust, located in Pigeon and Skelton Townships, Warrick County, Indiana and Jackson Township, Spencer County, Indiana.

TRACT DESCRIPTIONS:

Tract 1: 140 ± ac; all tillable – FSA 135.25 ac; fronting SR 62

Tract 2: 76 ± ac; all tillable FSA 77.74 ac; fronting SR 62

Tract 3: 78 ± ac; FSA 78.11 ac; swing tract – must be in combination or by adjoining land owner.

Tract 4: 2.25 ± ac; equipment and grain storage tract 

Tract 5: 46 ± ac; FSA 47.71 ac; swing tract – must be in combination or by adjoining land owner.

Tract 6: 36.5 ± ac; FSA 33.88 ac; accessed via Lincoln Trail Road

Tract 7: 70.5 ± ac; FSA 73.77 ac; fronting Lincoln Trail Road

Tract 8: 13.5 ± ac; FSA 11.66 ac; fronting Lincoln Trail Road

Tract 9: 61.5 ± ac; FSA 59.6 ac; fronting Lincoln Trail Road

Tract 10: 15 ± ac; pasture/recreational land; fronting Selvin Road

Tract 11: 17 ± ac; FSA 9.07 ac; fronting Selvin Road

Tract 12: 20 ± ac; FSA 20 ac; fronting Selvin Road

Tract 13: 26 ± ac; wooded acres; fronting Selvin Road

PROPERTY DESCRIPTION:

Tracts 1-3: 294 Total Acres, 291.1 Acres Cropland

  • For the farmland buyer, these tracts feature frontage along SR 62 with easy access.
  • FSA: 291.1 
  • Predominant soil types: Bonnie Silt Loam; Stendal Silt Loam; Zipp, Tilsit, and Bartle Silt Loams
  • The 2017 crop was a mix of corn and soybeans. Please refer to website for FSA and soil information.

Tract 4: Quonset Hut, Grain Storage, and Improvements Tract

  • 2.25 Acres with easy access off of SR 62. 60’x 150’ Quonset hut building with 66,500-bushel grain storage.

Tracts 5-9:   228 Total Acres, 226.62 Acres Cropland

  • For the farmland buyer, these tracts front Lincoln Trail Road just west of the Little Pigeon Creek Wetlands Conservation Area.
  • FSA: 226.62
  • Predominant soil types: Stendal, Apalona-Zanesville, and Steff
  • GPS LOCATOR: 38.120257, -87.067033
  • The 2017 crop was soybeans. Please refer to website for FSA and soil information.

Tract 10-13:  78 Total Acres;  Mix of Tillable, Recreational, and Wooded Acres

  • Approx. 26 Wooded Acres with rolling terrain and creek bottoms perfect for wildlife habitat. This farm fronts Selvin-Holland Road just 2-miles north east of Selvin.
  • Tillable Acres: Approx. 30

PROPERTY LOCATION: Tracts 1-9 located in Sections 33, 34, 35, and 36 of Pigeon Township and Section 4 of Skelton Township, near Gentryville, IN; Tracts 10-13 located 2-miles northeast of Selvin and 4-miles southwest of Holland in Section 29 of Pigeon Township, Warrick County, IN – [GPS LOCATOR: 38.223571, -87.095104]

AUCTION LOCATION: 

Spencer Co. Youth & Community Center (4-H Fairgrounds)

1101 E CR 800 N, Chrisney IN 47611

INSPECTIONS –

Meet a Wilson Representative at Tract 4, just off Hwy 62 North of Gentryville

Tuesday, October 23, 12-2 PM CT

Saturday November 3, 12-3 PM CT


AUCTIONEERS NOTE: William Wilson Auction Realty is pleased to offer the Blessinger Bros. Land Trust at public auction. Assembled beginning in the 1950’s, ownership has been good stewards of the farm to improve its productivity. This is an outstanding opportunity to buy large tracts in Warrick County.

OWNER: Blessinger Brothers Land Trust

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 thirteen (13) 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.

ACCEPTANCE OF BID: Successful bidder(s)  will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.  The estate will be sold at Absolute Auction, regardless of price.

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: Buyer will receive possession at closing, with the exception that on Tract 4 buyer will receive possession to the grain bins on or before May 1, 2019 when the tenant has removed all contents.

REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyers beginning with the taxes due and payable in May 2019, 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: Sellers will convey all minerals they own.

SURVEY: If a survey is deemed necessary to establish new legal descriptions, 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.

DIRECTIONS TO THE GENTRYVILLE FARM (TRACTS 1-4): From Gentryville, proceed North on SR 62 and watch for signs.

DIRECTIONS TO THE LINCOLN TRAIL FARM (TRACTS 5-9): From Gentryville, IN proceed West on CR 1575 N, then West on Lincoln Trail Road.   From SR 161, turn East on Lincoln Trail Road and proceed approx. 2-miles. Watch for signs. [GPS LOCATOR: 38.120257, -87.067033]

DIRECTIONS TO THE SELVIN FARM (TRACTS 10-13): From Selvin proceed Northeast on Selvin Road approx. 2-miles. Watch for Signs. [GPS LOCATOR: 38.223571, -87.095104]

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