106.8 +/- ACRES – OUTSTANDING HOMESITES


DESCRIPTION:

    • 106.8 +/- Total Acres with FSA 97.88 +/- Tillable Acres
    • 2743’ Road Frontage
    • Outstanding Homesite Tracts, and Views of St. Wendel Hills
    • Offered in (13) Tracts, Combinations, and the Entirety
    • Tracts Ranging from 5 to 16.5 Acres

LIVE ON-SITE AUCTION
Began: 03/06/19 at 5:00 PM CST
Location: St. Wendel Knights of St. John, 11714 Winery Rd., Wadesville, IN 47638
INSPECTION
Began: 02/24/19 at 2:00 PM CST
Ended: 02/24/19 at 3:00 PM CST
Location: At the Farm, N. Posey County Line Rd.,

INSPECTION
Began: 03/03/19 at 2:00 PM CST
Ended: 03/03/19 at 3:00 PM CST
Location: At the Farm, N. Posey County Line Rd.,


106.8 +/- ACRES – OUTSTANDING HOMESITES

WEDNESDAY, MARCH 6, 2019 AT 5 PM CT

ST. WENDEL KNIGHTS OF ST. JOHN

 

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Joe and Rebecca Koester, located in Armstrong Township, Vanderburgh County, IN.

 

DESCRIPTION:

  • 106.8 +/- Total Acres with FSA 97.88 +/- Tillable Acres
  • 2743’ Road Frontage
  • Outstanding Homesite Tracts, and Views of St. Wendel Hills
  • Offered in (13) Tracts, Combinations, and the Entirety
  • Tracts Ranging from 5 to 16.5 Acres

ATTENTION HOME BUILDERS AND INVESTORS!

PROPERTY DESCRIPTION

Tracts 1-4 : 22.5 Total Acres; Approx 21.68 Acres Cropland
For the homesite land buyer, these tracts feature approximately 1300’ of frontage along County Line Road with easy access.

Zoned A- Agricultural – which would allow homesite construction on tracts as outlined in the Auction Plat  

Tract 5-10:   64.3 Total Acres; Approx. 56.2 Acres Cropland

For the homesite land buyer, these tracts are perfect building sites with access off a central easement.Approximately 600’ road frontage along County Line Road with easy access.

Tracts 8 & 9 are larger tracts that offer a unique opportunity with potential lake sites on the east end of the farm.

Zoned A- Agricultural – which would allow homesite construction on tracts as outlined in the Auction Plat

Tracts 12-13: 20 Total Acres; Approx. 20 Acres Cropland

For the homesite land buyer, these tracts feature approximately 725’ of road frontage along County Line Road with lakesite potential.

Zoned A- Agricultural – which would allow homesite construction on tracts as outlined in the Auction Plat

TRACT DESCRIPTIONS:

  • Tract 1: 5.1 ± ac; nearly all tillable with good road frontage; nice building site
  • Tract 2: 5.3 ± ac; nearly all tillable with good road frontage; nice building site
  • Tract 3: 6.3 ± ac; nearly all tillable with good road frontage; nice hilltop building site
  • Tract 4: 5.8 ± ac; nearly all tillable with good road frontage
  • Tract 5: 5.1 ± ac; outstanding building site; County Line Road frontage
  • Tract 6: 5.2 ± ac; accessed via easement/drive
  • Tract 7: 10.0 ± ac; accessed via easement/drive; building site with great views; tiled and terraced
  • Tract 8: 16.1 ± ac; accessed via easement/drive; rolling topography; lakesite potential; tiled and terraced
  • Tract 9: 16.5 ± ac; accessed via easement/drive; rolling topography; lakesite potential; tiled and terraced
  • Tract 10: 6.4 ± ac; tillable; accessed via easement/drive
  • Tract 11: 5.0 ± ac; tillable; nice building site along County Line Road
  • Tract 12: 10.0 ± ac; tillable, tiled and terraced; lakesite potential
  • Tract 13: 10.0 ± ac; tillable, tiled and terraced; lakesite potential

Property Location: Located in Section 6 of Armstrong Township, Vanderburgh County just north of St. Wendel Church on County Line Road

Auction Location: St. Wendel Knights of St. John, 11714 Winery Road, Wadesville, IN

INSPECTION DATES: Meet a Wilson Representative on-site at the farm

  • Sunday February 24, 2-3 PM CT
  • Sunday, March 3, 2-3 PM CT

AUCTIONEERS NOTE: William Wilson Auction Realty is pleased to offer this Farm at public auction. Rarely does an opportunity present itself to find quality homesites such as these in close proximity to St. Wendel’s core.

FOR THE DEVELOPER OR HOMESITE BUYER: Offering fantastic views of the St. Wendel hills, these tracts represent ideal homesites perfect for walk-out basements, lakesites, and easy access off of County Line Road.

FOR THE FARMLAND INVESTOR: This farm represents productive tillable tracts with adequate drainage and good road frontage for transport to grain terminals.

PROCEDURE: The real estate will be offered in thirteen (13) tracts.  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.  All final bid prices are subject to the owner’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 with farming rights for 2019

REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning with the taxes due and payable in November 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: Seller will convey all minerals owned.

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.

OWNER: Joe and Rebecca Koester

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

Click “Documents” Tab for Detailed Information with additional Due-Diligence Materials, including information such as: soil maps, tax information.

DIRECTIONS TO THE PROPERTY: From St. Wendel church proceed North on County Line Road approx ¼ mile. Watch for signs.

DIRECTIONS TO AUCTION LOCATION: St. Wendel Knights of St. John, 11714 Winery Road, Wadesville, IN

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