POSEY COUNTY FARM AND WOODED ACREAGE

75 +/- ACRES


LIVE AUCTION
Begins: 08/04/20 at 5:30 PM CDT
Location: The Auction Center, 1026 Granary Street, New Harmony, IN 47631
INSPECTION
Begins: 07/19/20 at 2:00 PM CDT Ends: 07/19/20 at 4:00 PM CDT
Location: Tract 3, Mackey Ferry Rd, Mt. Vernon, IN 47620

INSPECTION
Begins: 07/23/20 at 5:00 PM CDT Ends: 07/23/20 at 6:00 PM CDT
Location: Tract 3, Mackey Ferry Rd, Mt Vernon, IN 47620


William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Sondra McNamara, located in Sections 10 and 11 of SW Black Township, Posey County, Indiana.

 

DESCRIPTION:

75 +/- total acres with FSA 35.35 +/- tillable acres • Excellent road frontage with easy access • Home site potential • Outstanding recreational tracts and wildlife habitat • Turn-key hunting property!!! • Offered in (6) tracts, combinations, and the entirety • Tracts ranging from 7 to 20 acres

PROPERTY LOCATION:

Located in Sections 10 and 11 of SW Black Township, 3.5 miles West of Mt. Vernon, Indiana, ½ mile South of SR-62.

TRACT DESCRIPTIONS:

Tract 1: 20 ± ac; tillable; fronting Bald Knob and Mackey Ferry Roads
Tract 2: 11.5 ± ac; fronting Bald Knob Rd
Tract 3: 7 ± ac; tillable; corner tract
Tract 4: 10 ± ac; wooded; with easement access from Bald Knob Rd
Tract 5: 10.5 ± ac; wooded; fronting Mackey Ferry Rd
Tract 6: 17.5 ± ac; wooded; fronting Mackey Ferry Rd

PROPERTY DESCRIPTION: 

TRACTS 1-3:   Approx. 35.35 Acres Cropland

For the farmland investor, these tracts are productive Posey County farmland featuring Elkinsville silt loam as the predominant soil type with good drainage and easy access, just ½-mile south of SR-62.

The 2020 crop is soybeans. Please refer to website for FSA and soil information.

TRACTS 4-6: 37.5 Total Acres, Outstanding Wooded and Homesite Tracts
For the recreational land buyer, these tracts are a hunter’s dream– turn-key and READY TO HUNT. They represent ideal wildlife habitat and have consistently yielded large whitetail deer and turkey. With mowed trails throughout, the property features over 10 deer stands already in place, including an outstanding Redneck stand to be included with the property.  

For the homesite buyer, this property has utilities available to the property, including water, gas, and electric. Driveways have already been cut off of Mackey Ferry Road allowing for easy access to build your dream home in a nice rural location.

AUCTION LOCATION:

The Auction Center 1026 Granary St, New Harmony, IN 47631

INSPECTIONS – Meet a Wilson Representative at Tract 3 on the property:

Sunday, July 19 – 2-4:00 pm CT

Thursday, July 23 – 5-6:00 pm CT

 

 

 

PROCEDURE: The real estate will be offered in six (6) tracts, combinations, and the entirety. Bids on individual tracts and combinations may compete. 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. All final bid prices are 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 Tenants’ rights. Seller will retain all lease payments for 2020.

REAL ESTATE TAXES: Buyer will pay taxes in May 2021 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: Seller will retain 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. 

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

DIRECTIONS TO FARM: From Mt. Vernon, IN, proceed West on SR-62 approx. 3.5 miles, then South on Bald Knob Rd ½ mile. Watch for signs.

 

 

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Your auction should be printing now. If not, please click here.

AuctionServices