OUTSTANDING POSEY COUNTY LAND AUCTION
OUTSTANDING POSEY COUNTY LAND AUCTION
40 +/- ACRES
DECEMBER 10, 2020 ● 5:30 PM CT
THE AUCTION CENTER, NEW HARMONY, INDIANA
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Bonnie Rheinhardt located in Black Township, Posey County, Indiana.
ATTENTION HOMEBUILDERS, AND INVESTORS!
• 40 +/- Total Acres, Zoned A-Agricultural
• Just North of Nation Road and William H. Keck Bypass
• Over 1300’ Feet of Road Frontage
• Outstanding Homesite Tracts
• Offered in (5) Tracts, Combinations, and the Entirety
• Tracts Ranging from 2.5 to 17.5 Acres
Property Location: Located in Section 27 of Black Township, Posey County 1-mile North of William H. Keck Bypass; 3-miles from Mt. Vernon High School; and 14-miles West of Evansville.
Tract 1: 2.5 ± ac, small rolling topography building site
Tract 2: 10 ± ac, rolling topography building site with lakesite potential
Tract 3: 8 ± ac, sloping topography with multiple building sites
Tract 4: 2.5 ± ac, small rolling topography building site
Tract 5: 17.5 ± ac, wooded/pasture land with multiple building sites
For the homesite land buyer, these tracts feature over 1300 feet of frontage along Breeze Road. With rolling topography perfect for walk-out basements and potential lakesites. These tracts are well-located in Posey County with easy and convenient access.
Please refer to website for FSA and soil information.
AUCTION DATE AND TIME: December 10, 2020, 5:30 PM (CT)
The Auction Center, New Harmony, Indiana
INSPECTION:Sunday, December 6, 2-3 PM CT
AUCTION LOCATION: The Auction Center, 1026 Granary Street, New Harmony, Indiana 47631
AUCTIONEER’S NOTE: William Wilson Auction Realty is privileged to offer this exceptional land tract at auction, with topography ideal to build your dream property. The location of this tract is outstanding, just minutes outside Mt. Vernon and 14-miles west of Evansville.
OWNER: Bonnie Rheinhardt
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 five (5) 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.
BUYER’S PREMIUM: A 5% buyer’s premium will be added to the high bid to determine the contract sales price.
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.
DEED: Seller shall provide a sufficient deed(s) 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: Possession to the real estate shall be delivered to Buyer(s) at closing.
REAL ESTATE TAXES: Buyer(s) will pay taxes in November 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 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.
DIRECTIONS TO FARM: From William H. Keck Bypass, turn North on Leonard Road which becomes Breeze Road and proceed 1-mile. Watch for signs.