SOUTHERN INDIANA PUBLIC REAL ESTATE AUCTION | Live and Online Auctions on HiBid.com

SOUTHERN INDIANA PUBLIC REAL ESTATE AUCTION 76+/- ACRES WEST of BOONVILLE, IN; 16+/- ACRES in NEWBURGH, IN; & A SPENCER COUNTY LOT BY THE FRENCH ISLAND MARINA BOAT CLUB - ALL OFFERED in 9 TRACTS & COMBINATIONS! HIGH QUALITY FARMLAND; POTENTIAL DEVELOPMENT / BUILDING OPPORTUNITIES for INVESTOR or END USER! Live Auction Date: THURSDAY MARCH 20th at 6:00 PM Live Auction Location: Warrick Co. 4H Center; 133 Degonia Road Boonville, IN 47601; (Alcoa Building) Online Bidding Available: at www.SohnAndAssociates.HiBid.com Auctioneers Note: Sohn & Associates is very pleased to offer this amazing opportunity! If you are a Farmer, Investor, Developer, Builder, or just someone looking for the perfect place to buy or build your Dream Home, you must investigate this fantastic opportunity! Tracts 1-4) 58.7 +/- Acres Fronting on IN-62 & Squaw Creek Road in Boon Twp - Warrick Co., IN Property Location: From Evansville, IN go East on IN-62 / E Morgan Ave. Continue through Chandler approximately 2 miles to the property on your left. (Property fronts on SR 62 and Squaw Creek Rd just West of the Boonville Walmart). - Productive Tillable Farmland (49.51 Cropland Acres Per FSA)! - Beautiful Potential Building Sites & or Future Development! - Potential for Walk-Out Basements! - Perfect for Horses or 4H Animals! - Public Water & Natural Gas Available! - Convenient Warrick County Location Between Chandler & Boonville! - No Buyer's Premium & 60 Days to Close! Tract #1: Consists of 10+/- acres fronting both SR 62 and Squaw Creek Road. It is nearly all tillable with productive Hosmer, Wakeland, and Wilber Silt Loam soils. It has excellent visibility from SR 62, but access is via Squaw Creek Road. Tract #2: Offers a beautiful 9.3+/-acres fronting on Squaw Creek Road. It is also nearly all tillable with Hosmer Silt Loam soils. Tract #3: Includes a rolling and scenic 35.7+/- acres fronting on Squaw Creek Rd. It again offers numerous potential building sites and quality farmland consisting mainly of Hosmer Silt Loam soils. Tract #4: Is a beautiful potential building site with 4+/- acres fronting along Squaw Creek Rd. It is nearly all tillable. Note: These tracts consist of Warrick Co Parcel # 87-09-29-300-046.000-002 and is "Parcel 2" in the Commitment for Title Insurance. Tract 5) 17.5+/- Acres Fronting on IN-62 in Boon Twp - Warrick Co., IN Property Location: This property fronts on the South side of IN-62 (W Main St) between State Roads 261 & 61 at the West edge of Boonville, IN. - Productive Tillable Farmland - 17.44 Cropland Acres Per FSA! - Convenient Location Just West of Boonville! - No Buyer's Premium & 60 Days to Close! Tract #5: This 17.5 acre tract offers productive tillable soils including Birds and Wakeland Silt Loams. The entirety of this tract is located in a flood plain. Note: This tract consists of Warrick Co Parcel #'s 87-09-34-200-005.000-003 and 87-09-34-200-027.000-003 and is "Parcel 1" in the Commitment for Title Insurance. Tracts 6-8) 16+/- Acres Fronting on Pollack Ave & Morningside Dr in Ohio Twp - Warrick Co., IN Property Location: From I-69 S, take Exit 5 for Covert Ave / IN-662, stay right onto the SR-662 ramp toward Newburgh, merge onto IN-662 E and then go Right on Stacer Rd, to Left on Pollack Ave; Property will be on your left just past Newburgh Healthcare - Outstanding Newburgh Location Just East of Historic Angel Mounds! - Quality Tillable Farm Ground - 12.19 Cropland Acres Per FSA! - All Public Utilities Available! - Amazing Development / Investment Potential! - No Buyer's Premium & 60 Days to Close! Tract #6: Consists of 4.87+/- acres fronting on the west side of Morningside Drive. It would make a fantastic potential building or development site. Tract #7: Offers 7+/- acres fronting on Morningside Dr. It is again mostly tillable with Sciotoville and Weinbach Silt Loam soils. This tract would also be a great potential building or development site. Tract #8: Will consist of 4+/- acres fronting on the north side of Pollack Ave and Morningside Dr. This tract is mostly tillable and consists mainly of Wheeling Silt Loam soils. With the visibility and frontage, this would make a great potential home to your business, new home or development. Note: Portions of Tracts 6, 7 & 8 are in flood plains. These tracts consist of Warrick Co Parcel #'s 87-12-32-400-153.000-019 and 87-12-32-400-260.000-019 and is "Parcel 3" in the Commitment for Title Insurance. Possession of Tracts 6, 7 and 8 will be immediate upon closing. Tract 9) Spencer County River Lot off River Rd in Luce Twp Rockport, IN Property Location: Off W River Rd, Rockport, IN 47635; From Reo, IN, go South on IN-161 approximately 4 miles to Right on Patronville Rd (200 S), continue West 5.8 miles to Left on County Rd 850 W, to Left on River Rd. Property will be on your left. - Across the Road from the Beautiful Ohio River! - Right By the French Island Marina Boat Club! - Convenient Location to Owensboro, KY - No Buyer's Premium & 60 Days to Close! Perfect for summer fun or year-round living, you need to investigate this nice potential building lot. It measures approximately 62 X 73.6 and has water and sewer available. You can join the fun and many amenities of the French Island Marina Boat Club for only $110 annual membership. Possession of this lot will be immediate upon closing. Full membership details can be found at https://fimbc.org/. Note: The Spencer County Parcel # is 74-18-05-301-011.000-016, and the brief legal description is BOONVILLE BOAT CLUB ORIG SUB DIV (62 X 73.6) LOT 4. The real estate taxes are approximately $335.60 per year. PUBLIC SHOWINGS: An auction representative will be at each auction site THURSDAY MARCH 13th from 12 NOON to 2:00 PM or Call 812-467-0227 to schedule an appointment. Live 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. Online & Absentee Bidding: If you cannot attend the live auction, please call 812-467-0227 to arrange a live phone bid or absentee bid. You may also bid online at www.SohnAndAssociates.HiBid.com. Please note that online bidding will only be for individual tracts or entirety combinations. Call or visit the bidding site for complete details. Auction Terms & Conditions: No Buyer's Premium! Whatever you bid is the final contract price, no premium will be added. Down Payment: A 10% 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. Closing: The balance of the purchase price will be due and payable at closing within 60 days after the auction date, or within 21 days after the completion of any necessary survey/subdivision work, whichever is later. A survey will be required only if you are purchasing a parcel of property for which no discrete legal description already exists. The survey in such instance shall be arranged for and paid for by seller. Financing: Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, & are capable of paying cash at closing. Evidence Of Title: Preliminary Title Commitments have already been completed and are available for review. The cost of the actual title insurance will be the responsibility of the purchaser(s). Purchaser(s) shall accept title to the Property subject to all exceptions listed in Schedule B, Part II of the Preliminary Title Commitment for the property. Taxes: The purchaser(s) will assume the taxes starting with the Fall 2025 installments. Possession: Possession of Tracts 1, 2, 3, 4 and 5 will be subject to the rights of the tenant farmer to harvest their spring crops - but will be no later than 08/01/2025. Possession of Tracts 6, 7, 8 and 9 will be immediate upon closing. Mineral Rights: All the mineral rights owned by the seller, if any, will be conveyed to new purchaser(s). Approval Of Bid Prices: All successful bidders will be required to enter into purchase agreements immediately upon conclusion of the auction. The final auction bids are subject to the acceptance or rejection by the seller. 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. The purchase agreement has been, 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 including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities or easements, assurance of building permits, driveway permits, or water and septic permits. In some instances, additional engineering may be required to be filed with the Area Plan Commission for getting final building site approval. All sketches and dimensions in this brochure and related materials are approximate. 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. Acreage & Tracts: All acreages shown in the auction advertising materials are approximate and have been estimated based on existing legal descriptions and/or aerial photographs. If a survey is required to convey title and the actual difference between the advertised acreage and the surveyed acreage is greater than 5%, an adjustment will be made on the purchase price by applying the per acre purchase price as bid to the actual acres as surveyed. Agency: Sohn & Associates, Ltd. and its employees and representatives are agents of the seller. Sellers: Baker Corporation & Stasey A. Chapman Auctioneer: Trent Sohn #AU19700067; AC#30000226 Auction Id: 2021