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POSEYVILLE INDIANA - POSEY COUNTY
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to the Robb Heirs located in POSEY COUNTY, INDIANA.
Property Location: Located in Section 17 of Robb Township, Posey County, Indiana
DIRECTIONS TO FARM: From Indiana State Road 69 just south of Interstate 64, turn north on Wilsey Road and watch for signs.
AUCTION LOCATION: This auction will be conducted virtual online from our Auction Offices. All bidding will be conducted online with the Auctioneer appearing virtually during the final bidding process.
TRACT DESCRIPTIONS:
Tract 1:37 +/- AC nearly all tillable with road front along Wilsey Road
Tract 2: 52 +/- AC tillable and wooded with access off Wilsey Road
PROPERTY DESCRIPTION:
87 total acres with FSA 54.55 tillable, this farm offers a balance of prime tillable acres with wooded and recreational acres and the upper rolling field.
TRACT 1 features highly productive soil types in a level field with FSA 37.79 tillable acres. The tract is easily accessed off of Indiana State Road 69 and Wilsey Road for transport to grain terminals
TRACT 2 features a blend of wooded and tillable acres on a hill perfect for hunting and recreational enthusiasts looking for a balance of acreage for cash flow. Accessed via proposed deeded access off of Wilsey Road.
PLEASE READ AND REVIEW THE REAL ESTATE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, DO NOT BID. BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE PROPERTY UNDER THE FOLLOWING TERMS AND CONDITIONS:
ONLINE BIDDING: AUCTION DATE / TIME: Bidding begins: FEBRUARY 15, 2022 @ 12 NOON (CT) ; Bidding closes: MARCH 1, 2022 @ 12 NOON (CT) (**See AUCTION END TIMES). Bidding will be conducted online at www.wilsonauctions.com. Alternatively, to make other arrangements for bidding, please contact our office at least two days prior to the auction.
UPON CONCLUSION OF THE AUCTION: The Winning Bidder will be sent a Real Estate Contract to print and is required to fully and correctly complete and properly sign without any modifications. Bidder is to return the completed, signed contract to William Wilson Auction Realty, Inc. by email, fax, certified mail or delivered in person by 4:00 PM of the day following the auction. Along with the completed, signed contract, the Winning Bidder will be required to send the specified non-refundable earnest money deposit as stated in the property description. This non-refundable earnest money deposit will be held in escrow until closing and that amount will then be credited to the Buyer as part of the purchase price of the property. Wire transfer instructions and escrow agreement forms will be provided to the Buyer along with the contract after the auction. Purchaser shall be responsible for all wire transfer fees. Successful bidders not executing and returning the completed contract and earnest money deposit by 4:00 PM the day after the auction will be considered in default. Such default by the Successful Bidder will result in that Bidder’s liability to both the Seller and William Wilson Auction Realty, Inc. Seller shall have the right to (a) declare this contractual agreement canceled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the property either publicly or privately with William Wilson Auction Realty, Inc. and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding costs of the property, the expenses of both sales, legal and incidental damages of both the Seller and William Wilson Auction Realty, Inc. In addition, William Wilson Auction Realty, Inc. also reserves the right to recover any damages separately from the breach of the Buyer. Both the Successful Bidder and Seller shall indemnify William Wilson Auction Realty, Inc. for and hold harmless William Wilson Auction Realty, Inc. from any costs, losses, liabilities, or expenses, including attorney fees resulting from William Wilson Auction Realty, Inc. being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.