PRIME GENTLY ROLLING 26.94+/- ACRES in GIBSON COUNTY, IN!

Online Only Auction

Sohn & Associates Ltd

S 25 W

Haubstadt, IN 47639

Date(s) 3/12/2024 - 4/23/2024

Bidding Ends: TUESDAY APRIL 23rd at 7:00 PM (Soft Close)

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Online-Only Auction

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Bidding Notice:

Auction Notice:

"ABSOLUTE" LAND AUCTION! BIDDING IS ON THE ENTIRETY, NOT ON A PER ACRE BASIS.

Auction Information

Name	PRIME GENTLY ROLLING 26.94+/- ACRES in GIBSON COUNTY, IN!
Auctioneer	Sohn & Associates Ltd
Type	Online-Only Auction
Date(s)	3/12/2024 - 4/23/2024
Auction Date/Time Info	Bidding Ends: TUESDAY APRIL 23rd at 7:00 PM (Soft Close)
Preview Date/Time	Public Viewing: An Auction Representative will be onsite TUESDAY APRIL 16th 4:00-6:00 PM. Property Location: S 25 W HAUBSTADT, IN 47639 (Just North of 9490 25 W) Conveniently Located Between Haubstadt & Fort Branch! Directions: From Evansville, go North on Hwy 41, then turn West (Left) on IN-68 to Haubstadt; turn Right (North) on Main Street; Continue North on 25 W to property on your right; or From Princeton, go South on Hwy 41 to Ft Branch, go West (Right) on Coal Mine Rd, to Left (South) on 25 W to property on your left.
Checkout Date/Time	The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 10% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days.
Location	S 25 W Haubstadt, IN 47639
Buyer Premium	NO BUYER'S PREMIUM!
Description	"ABSOLUTE" LAND AUCTION PRIME GENTLY ROLLING 26.94+/- ACRES in GIBSON COUNTY, IN! Bidding Ends: TUESDAY APRIL 23rd at 7:00 PM (Soft Close) Bidding Link: www.SohnAndAssociates.HiBid.com Property Location: S 25 W HAUBSTADT, IN 47639 (Just North of 9490 25 W) Conveniently Located Between Haubstadt & Fort Branch! Directions: From Evansville, go North on Hwy 41, then turn West (Left) on IN-68 to Haubstadt; turn Right (North) on Main Street; Continue North on 25 W to property on your right; or From Princeton, go South on Hwy 41 to Ft Branch, go West (Right) on Coal Mine Rd, to Left (South) on 25 W to property on your left. Attention Farmers, Investors or Individuals looking for the perfect place to build your Dream Home. This amazing property deserves your full attention! - Super Convenient to Toyota, Evansville, IN & Mt. Carmel, IL! - Quality Tillable Soils! - Immediate Farming Rights! - Beautiful Potential Building Site(s)! - Public Water Available & Lots of Road Frontage! - Guaranteed Good Title & Up to 60 Days to Close! - No Buyer's Premium! "The best investment on Earth is earth." - Louis Glickman, Famous Investor This fantastic Gibson County property is selling "ABSOLUTE" to the highest bidder with No Reserve! It is conveniently located just north of Haubstadt and only minutes from the Toyota manufacturing plant in Princeton, IN. It consists of a gently rolling 26.94+/- acres with over 1,300 feet of road frontage on the east side of 25 W in Union Twp. While the property has not been farmed for the last several years, it is nearly all tillable! Soils consist mainly of very productive Uniontown and Maplehill Silt Loams. Please note that the buyer will have immediate farming rights at closing. The location, beautiful views, and the availability of public water also make it a fantastic potential residential building parcel. Note there is a CenterPoint High Steel main gas line that does run east of the road. Please make your plans now to bid your price on this amazing opportunity! Note: If you do not wish to bid online, call 812-467-0227, and we will be happy to make alternate arrangements. - Lot Size: 26.94+/- Acres - Approx '22 Pay '23 Taxes: $688.60 Per Year - Parcel #: 26-19-30-300-002.205-025 - Brief Legal Description: PT SW 30 3 10 26.94 AC - Zoning: None - Flood Zone: None Per County GIS Public Viewing: An Auction Representative will be onsite TUESDAY APRIL 16th 4:00-6:00 PM; or call for an appointment. Terms: (Please read complete terms & conditions online prior to bidding). No Buyer's Premium will be charged. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 10% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not "subject to" financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Fall 2024 installment. Possession will be immediate upon closing. The property is selling on an AS IS basis to the highest bidder with No Reserve. 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 and related materials 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. Sohn & Associates, Ltd and its representatives are agents of the seller(s). Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder. Sellers: Sharon M. Spindler; Rosemary E. Weber; Diane J. Hornby; Kathryn L. Dewig; Tamara Dewig; Benjamin Kyle Dewig; Nicholas Charles Dewig; Sasha Lea Haltom Auction Id: 1830

Terms and Conditions

NO BUYER'S PREMIUM WILL BE CHARGED. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. This contract is posted on the website for your review. At this time, a 10% down payment will also be required. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not "subject to" financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the FALL 2024 installment. Possession will be immediate upon closing. The property is selling on an AS IS basis to the highest bidder with No Reserve. 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 and related materials 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. Sohn & Associates, Ltd and its representatives are agents of the seller(s). NOTE: Unless noted as "ABSOLUTE" all auctions are with RESERVE and/or SUBJECT TO SELLER APPROVAL. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as the person's credentials, fitness, etc. All decisions of the Auctioneer are final. Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder. If a technical problem occurs and you are not able to place your bid during the auction, Sohn & Associates Ltd, its affiliates, partners and vendors will not be held liable or responsible for any claim of loss, whether actual or potential, as a result of the technical failure. A "Soft Close" will be utilized for this auction. A Soft Close ending means that if a bid is placed in the last minutes, the bidding will be extended. This gives other interested bidders time to raise their bid before the lot closes.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	500.00 USD

Payment Information

Currency	USD
Buyer Premium	NO BUYER'S PREMIUM!
Payment Terms	NO BUYER'S PREMIUM WILL BE CHARGED. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. This contract is posted on the website for your review. At this time, a 10% down payment will also be required. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not "subject to" financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the FALL 2024 installment. Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as the person's credentials, fitness, etc. All decisions of the Auctioneer are final. Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder.

Shipping / Pick Up

The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. This contract is posted on the website for your review. At this time, a 10% down payment will also be required. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not "subject to" financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the FALL 2024 installment.

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.