PUBLIC REAL ESTATE AUCTION
MONDAY AUGUST 10th at 5:30 PM
44.64+/- BEAUTIFUL ROLLING ACRES LOCATED in MARRS TWP, POSEY COUNTY (EVANSVILLE) IN
OFFERED in 10 TRACTS & COMBINATIONS
Property Location: Property Fronts on St Phillips Rd, IN-62 W & Fox Hollow Dr in Posey County IN (Evansville, IN)
Directions: From the University Pkwy & the W Lloyd Expressway in Evansville (University of Southern IN), proceed West on IN-62 approximately 3 miles, then take a right on Fox Hollow Dr to an immediate left hand turn and follow signs.
From Mt Vernon, travel East on IN-62 approximately 12 miles to property on your left (watch for signs)
Auction Location: ONSITE – from Fox Hollow Dr, turn west on Fox Ridge Rd & follow signs.
- Fantastic Posey Co Location Only Minutes from USI!
- Amazing Potential Building Sites!
- Wooded & Tillable Acreage!
- Incredible Investment Opportunity!
- 2.151 Acres Zoned R-3!
- Perfect Place to Build Your Dream Home!
- Quality Tillable Farmland!
- Lots of Wildlife & Beautiful Views!
- Buy From 2.15 Acres Up to the Entirety!
- No Buyer's Premium!
- Guaranteed Good Clear Title & 60 Days to Close!
Auctioneer Note: Sohn & Associates is pleased to offer this hard to find land at Public Auction! If you are an Investor, Developer, Farmer, Homebuilder, Hunter, Outdoorsman, or Someone Looking for the Perfect Place to Build Your Dream Home, this auction is for you. Opportunities like this are extremely rare, so please make your plans now to come and bid your price!
Tract #1: Consists of 2.151+/- open acres fronting on the north side of Fox Ridge Rd. This tract is noted as the Home Parcel of Fox Ridge II Exempt Division and is Zoned R-3 Residential Multiple Family. It is currently tillable acreage, and could potentially make a perfect spot to invest in a duplex or small apartment.
Tract #2: (Lot #1 Fox Ridge II Exempt Division) Offers 2.252+/- acres fronting on the north side of Fox Ridge Rd. This tract is currently all tillable and would make a beautiful potential building site.
Tract #3: (Lot #2 Fox Ridge II Exempt Division) Includes 4.515+/- acres located on the south side of Fox Ridge Rd. This rolling parcel offers woods and tillable ground.
Tract #4: (Lot #3 Fox Ridge II Exempt Division) Consists of 3.586+/- acres fronting on the SW side of Fox Ridge Rd. This tract also offers both woods & tillable acreage.
Tract #5: (Lot #4 Fox Ridge II Exempt Division) Includes 2.507+/- acres on the NE side of Fox Ridge Rd. It is currently all tillable land.
Tract #6: (Lot #1 Fox Ridge Exempt Division) Contains 2.61+/- acres along the west side of Fox Ridge Rd. It is mostly tillable land with some woods.
Tract #7: (Lot #2 Fox Ridge Exempt Division) Offers another beautiful 3.028+/- acres at the end of the cul-de-sac on Fox Ridge Rd. This tract is mostly heavily wooded with some open tillable by the road.
Tract #8: (Lot #3 Fox Ridge Exempt Division) Consists of 3.143+/- acres at the NE end of the cul-de-sac on Fox Ridge Rd. This tract is mostly heavily wooded with some open tillable by the road.
Tract #9: (Lot #4 Fox Ridge Exempt Division) Offers 2.548+/- acres fronting along the NE side of Fox Ridge Rd. This parcel is mostly open tillable land with some woods.
Tract #10: Consists of 11.691+/- scenic rolling acres with lots of frontage on St Phillips Rd. It is mostly wooded and offers lots of wildlife and recreational potential. Like the other tracts, it also offers more beautiful potential building sites!
Tract #11: Offers 6.609+/- acres fronting on both S.R. 62 & St Phillips Rd. With a great location and visibility, this tract may offer great commercial investment potential.
SHOWING: An auction rep will be onsite at auction Tract #1 Monday August 3rd 4-6 or Call.
Additional Notes:
- With the exception of Tract #1 as noted above, the remaining land is currently Zoned R-1 Residential.
- The property is subject to recorded Protective Covenants & Restrictions. Please call or visit website for a copy.
- German Twp water is currently along Fox Hollow Drive & St Phillips Rd.
- Current Semi Annual Real Estate Taxes: Parcel 65-14-01-200-020.000-019 19.964 Acres $162.90; Parcel 65-14-01-200-001.005-019 11.33 Acres $65.33; Parcel 65-14-02-100-028.000-019 14.65 Acres $32.24
- The soils consist of almost entirely Alford Silt Loam, & per the FSA, there are currently 15 Cropland / tillable acres.
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.
Terms: NO BUYER’S PREMIUM! A 10% deposit will be required from the winning bidder(s) immediately following the auction. This may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Purchaser will be provided with evidence of marketable title. Purchaser will assume the taxes starting with the Fall 2020 installments. Possession will be immediate upon closing subject to any tenant farmer rights for 2020. 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 subject to seller approval. No warranty or representation, either express or implied, concerning the property is made by the seller or the auction company, including but without limitations to fitness for a particular use, zoning classification, utilities, assurance of building permits, driveway permits, or water and septic permits. Please note, if there is more than one buyer, you will be required to sign a standard form shared driveway maintenance agreement. 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. If the property sells to more than one buyer, a survey sufficient to pass title will be completed by the seller. It will be the sole responsibility of the buyer to complete any additional requirements to obtain any future potential building permits, access, etc. Sohn & Associates, Ltd. and its employees and representatives are agents of the seller.
Seller: Joseph L. Goebel Estate & Betty K. Goebel