PUBLIC REAL ESTATE AUCTION

Real Estate Auction in 3490 W 950 S , Fort Branch Indiana, United States

13 Wednesday
June 13th, 2018 6:00 PM
Sohn & Associates, Ltd.
Phone: 812-467-0227

PUBLIC REAL ESTATE AUCTION

Real Estate Auction in 3490 W 950 S , Fort Branch Indiana, United States

Wednesday at - 13th June , 2018

Notes

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

Additional Facts to Note:

Per the Gibson County GIS, none of the property is located in a Flood Zone.

Per the Farm Service Agency 7.95 Acres are tillable Cropland Acres.

The 2017 Pay 2018 Taxes are approximately $316.44 Per Semi Annual Installment with Mortgage & Homestead Exemptions.

The tillable soils consist of mainly Alford Silt Loams with some Uniontown & Wakeland.

PUBLIC SHOWING: SUNDAY JUNE 3rd 12 NOON-2:00 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.

Auction Terms & Conditions:  No Buyer's Premium! A 5% deposit will be required from all successful bidders at the conclusion of the auction. 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 does give you plenty of time to complete any financing you are considering, the sale is not “subject-to” financing. Purchaser(s) will be provided with evidence of marketable title. The purchaser(s) will assume the taxes starting with the Spring 2019 installments. Possession will be immediate upon closing subject to the tenant farmers rights for the 2018 crop year. All mineral rights owned by the seller, if any, will be conveyed to new purchaser(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 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 in advance to arrange for absentee bidding.

Seller: Sharon N. Leister

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Location has been calculated by address and may not be 100% accurate.




Auction Items For Sale

  - Home Built 2002 & Offers 1,296+/- Sqft!

  - Beautiful Potential Building Sites!

  - Quality Tillable Acreage!

  - Buy From 2.4 Acres Up to Entirety!

  - Great Location Only Seconds From Gibson Southern High School!

  - Perfect for Horses or 4-H Animals!

  - No Buyer’s Premium & Up to 60 Days to Close!

 

Tract #1:  Consists of 2.4+/- Acres and is improved with a 3 bedroom, 2 bath modular home built in 2002. The house offers nearly 1,300 square feet of living space, beautiful views and lots of potential. There is also lots of storage space in the older barn and lean-to. Other improvements include a covered front porch and a nice Central Boiler outdoor wood furnace for supplemental heating.

Approximate Rm Sizes: Living Rm 18.7x12.7; Eat-In Kitchen 18.7x12.8; Master Bedroom 13.5x12.7; Bedroom 12.8x10.5; Bedroom 12.8x9.3

Tract #2:  Includes 2.4+/- Acres fronting on both County Roads 950 S & 350 W. This nice rolling tract would make a great potential building site and is nearly all tillable.

Tract #3:  Offers another scenic 3.9+/- Acres fronting on CR 350 W. It offers several potential building sites with amazing views of the country side. It is mostly tillable with some woods.

Tract #4:  Includes 2.9+/- Acres fronting on 950 S. Again, this would make a lovely potential building site!