POSEY COUNTY LAND AUCTION
107 +/- ACRES OFFERED IN 4 TRACTS
POSEY COUNTY LAND AUCTION
WEDNESDAY, FEBRUARY 13, 2019 • 12 NOON CT
107 +/- ACRES OFFERED IN (4) TRACTS
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Juncker, et al. Located in Section 16 of Marrs Township, Posey County, IN.
• 107 +/- Total Acres with FSA 93.33 +/- Tillable Acres
• Ample Road Frontage
• Highly Productive Soil Types — Nearly 39 Acres Patton Silty Clay
• Offered in (4) Tracts, Combinations, and the Entirety
• Tracts Ranging from 13 to 41 Acres
PROPERTY LOCATION: Located in Section 16 of Marrs Township, 3-miles West of St. Philip and 12-miles Northeast of Mt. Vernon.
[GPS LOCATOR: 37.993709, -87.766820]
FOR THE FARMLAND INVESTOR: This farm represents highly productive tillable tracts in an area of Posey County known for strong production numbers, with ample road frontage and easy access to grain terminals — all combined to make this an attractive farmland investment opportunity.
FOR THE RECREATIONAL BUYER: A small, but important 14-acre tract at an intersection of two roads and whitetail patterns.
Tract 1: 29 ± ac; nearly all tillable; road frontage along Mertens Road
Tract 2: 41 ± ac; nearly all tillable; road frontage along Upper Mt. Vernon Road
Tract 3: 24 ± ac; nearly all tillable; road frontage along Upper Mt. Vernon Road
Tract 4: 14 ± ac; wooded; road frontage along Stierley and Upper Mt. Vernon Roads
PROPERTY DESCRIPTION: 107 +/- Total Acres with FSA 93.33 +/- Tillable Acres
Tracts 1-3: 94 Total Acres, Highly Productive Tillable Tracts
- For the farmland buyer, these tracts are highly productive with nearly 39 acres Patton silty clay loam soils. Other predominant soil types include Henshaw, Uniontown, and Alford silt loams. The farm also features (4) risers and tiling.
- The 2018 crop was soybeans. Please refer to website for FSA and soil information.
Tract 4: Approx. 14 Wooded Acres
- Located at the corner of Stierley Road and Upper Mt. Vernon Road, this tract offers recreational potential for a small hunting tract with easy access and in the path of whitetail patterns.
AUCTION LOCATION: Wednesday, February 13, 2019 at 12 Noon
The Auction Center, 1026 Granary Street, New Harmony, IN 47631
INSPECTION: Wednesday, February 6, 12 noon – 1 PM CT
Meet a Wilson Representative at The Auction Center, New Harmony, Indiana
OWNER: Juncker, et al
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.
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. Buyer will have farming rights for 2019.
REAL ESTATE TAXES: Buyer will pay taxes in May 2019 and all 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 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.
DIRECTIONS TO FARM: From Hwy 66, turn South on Stierley Road at Blairsville and proceed approx 5-miles to the farm. From St. Philip, proceed West on Upper Mt. Vernon Road approx 3-miles to the farm. From Hwy 62, turn North on Ford Road or St. Philip Road then West on Upper Mt. Vernon Road. Watch for signs.