REAL ESTATE AUCTION

THURSDAY JANUARY 23rd at 6:00 PM

109+/- BEAUTIFUL ROLLING ACRES IMPROVED w/ 3 BEDROOM HOME; OFFERED in 10 TRACTS & COMBINATIONS!

“The best investment on earth is earth.” Louis Glickman

Property Location:  16601 OLD STATE RD in EVANSVILLE, IN; from the south, go North on Hwy 41, continue past Boonville New Harmony Rd and then turn Right on Inglefield Rd (by St Vincent Urgent Care), then turn Left on Old State Rd, continue North past Baseline Rd to property on your right; OR from Haubstadt, go South on Hwy 41 to Left on Volkman Rd, to Right on Old State; OR from Hwy 57, go West on Baseline to Right on Old State

Auction Location:  VANDERBURGH CO 4H CENTER; 201 E. Boonville New Harmony Rd; from Hwy 41 N, go West on Boonville New Harmony to Left at the 4H Center & follow the signs

-Fantastic Scott Twp Location!

-Productive Farmland (100.15 Acres Tillable) !

-Incredible Potential Building Sites!

-3 Bedroom Stone Home w/ Amazing Potential!

-Perfect for Mini Farms, Horses or 4-H Animals!

-Fantastic Public Schools!

-No Buyer’s Premium!

-Guaranteed Good Clear Title!

-Up to 60 Days to Close!

Auctioneers Note:  Sohn & Associates is very pleased to offer this outstanding & unique property at Public Auction!  If you are a farmer, investor, developer, outdoor enthusiast, or just someone looking for the perfect place to build your Scott Twp dream home, you must come investigate this beautiful and productive property!

Tract #1:  Will consist of 12.5+/- beautiful acres at the north end of the property. It fronts Old State Rd in two spots. This tract is nearly all tillable.

Tract #2:  Offers 36+/- rolling acres. This tract is nearly all tillable with the exception of 3+/- acres of woods and 1.61 CRP acres. This tract has 60’ of road frontage on Old State and access via a 20’ easement.

Tract #3:  Includes 3.4+/- scenic acres with ample frontage on Old State Rd. This tract would make an ideal building site and is improved with an older block garage & barn.

Tract #4:  Consists of 2.51+/- acres fronting on Old State Rd. It is improved with two old turn of the century barns.

Tract #5:  Contains 32.2+/- lovely rolling acres. It has good frontage along Old State Rd and is mostly all tillable. It would be great mini-farm perfect for horses or 4H animals.

Tract #6:  Offers 6+/- handsome acres with good frontage along Old State Rd. It is nearly all tillable and would make another incredible homesite.

Tract #7:  Commonly known as 16601 Old State Rd, the parcel contains 2.51+/- acres and is improved with a stone 3 bedroom ranch style home.

Built in 1956, the home offers approximately 1,254 square feet of living area on the main level. The kitchen is open to the dining area and there is a large living room with a big picture window. The three bedrooms are nice size and one features two closets. Completing the main level is a full bath and hall closet.

One half of the old basement is semi-finished and the other half includes the laundry and utility area.

Other features and amenities include a 1 car attached garage, a 20’x30’ detached garage, new architectural shingle roof (incl Gutter Guard on the house), hardwood floors, central air, amazing views and more!

-Appr Rm Sizes: Kitchen 12.9x10.3; Dining Area 12.9x10.2; Living Rm 19.5x12; Bedroom 13.6x11; Bedroom 11.1x10; Bedroom 11.7x9

Tract #8:  Includes a beautiful 4+/- acres fronting on Old State Rd. It would make a fantastic place to build your Scott Twp dream home.

Tract #9:  Consists of 5+/- gently rolling acres fronting on Old State Rd. It would make a delightful building site.

Tract #10:  Last but not least, is another alluring 5+/- acres. It is nearly all tillable and would make a fantastic home site.

Additional Notes: Schools include Scott Elementary, North Jr & Sr High Schools; Public Utilities include gas & electric; There is an old well on Tract 4, and the home has a cistern and septic. The soils consist mainly of Hosmer Silt Loams.

PUBLIC SHOWING: SUNDAY JANUARY 12th 12 NOON - 2 PM or CALL

Auction Procedure:  The property will be offered using our Select Tract Auction Method. Each tract will be offered individually and in any combinations the bidders desire. All bidders will have the opportunity to bid on any individual tract or combination, including the entirety, at any time throughout the auction. The sale will conclude when all the competitive bidding has been exhausted. Please note, if you cannot make the live auction in person, you may call to make alternate arrangements!

Auction Terms & Conditions:  No Buyer's Premium will be charged! A 10% deposit will be required from all successful bidders at the conclusion of the auction. (If you buy the tract with the home, the deposit will only be 5%). This may be in the form of a personal or business check. The balance will be due and payable at closing within 60 days, or as soon as possible following the completion of any necessary survey/subdivision work. Please note that while this gives you plenty of time to complete any financing you may be considering, the offers are not “subject to” financing. Purchaser(s) will be provided with evidence of marketable title. The purchaser(s) will assume the taxes starting with the May 2020 installments. Possession will be immediate upon closing, and buyer(s) will have the farming rights for the 2020 crop year. All minerals owned by the sellers, if any, will be conveyed to buyer(s).

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. This agreement has, or will, be made available at your request. Announcements made by the auctioneer during the time of the sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an "as-is, where-is" basis, and is subject to seller approval. No warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All sketches and dimensions in this brochure and related materials are approximate. All acreages are approximate and have been estimated based on legal descriptions and/or aerial photographs. If required to pass title, a sufficient survey will be provided by the seller. If a survey is required and the actual difference between the advertised acreage and the surveyed acreage is greater than 5%, an adjustment to the selling price will be made on the purchase price per acre basis. Sohn & Associates, Ltd. and its employees and representatives are agents of the seller. If you are unable to attend the live auction, please call to arrange for absentee bidding.

Seller: Dorothy Martin Trust