3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & BARN

Bidding Notice:

Auction Notice:

Public Viewing: FRIDAY APRIL 19th 3:00 PM - 5:30 PM. Broker Participation: Qualifying real estate brokers may earn up to 2.5% for representing a successful bidder at the auction. To qualify, broker must notify Sohn & Associates about client a minimum of 5 days prior to the auction. Please email or fax Broker Name & Client to tsohn@SohnAndAssociates.com or fax 812-467-0232.

Information

Lot #	1
Group - Category	Real Estate - Residential
Lead	3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & BARN
Description	3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & POLE BARN 4701 PENFOLD ROAD in NEW HARMONY, IN 47631 Directions: From Evansville, go West on IN-66 approximately 21 miles to New Harmony, turn Left (South) on IN-69 S, continue approximately 2.5 miles then turn Right on Penfold to property on your right. - Come Live in the Historic Town of New Harmony, IN! - Convenient Location to Mt. Vernon, Evansville & Grayville, IL! - Only Seconds from Harmonie State Park! - 1,624+/- SQFT Ranch Home w/ Amazing Potential! - Perfect for Investor or End User! - 2 Car Garage & 30'x33' Pole Barn! - Beautiful 1 Acre Lot! - Guaranteed Good Clear Title & 60 Days to Close! - No Buyer's Premium! This nice brick Posey County ranch home offers lots of potential! Originally built in 1900, the home has approximately 1,624 square feet of living space on one level. This includes a large living room with a fireplace (Squire insert), kitchen, 3 bedrooms, and a full bath. You will also find a breezeway, and a large laundry room. Other features and amenities include a 2-car attached garage, 635 square foot unfinished basement, 30'x33'x10' pole barn built in 1930, HVAC, a perfect gardening spot and more! New Harmony is a vacationer's and researcher's paradise with buildings from the early nineteenth and mid-nineteenth century, including a museum, library, gallery and opera house. There are a plethora of antique shops, fantastic dining opportunities and much more. Please make your plans now to bid your price on this great opportunity! Approx Rm Sizes: Living Rm 27.4x19.7; Enclosed Porch/Breezeway 9.9x9.3; Kitchen 15.7x11.5; Laundry Rm 13x6.7; Bedroom 14x11; Bedroom 18x9; Bedroom 12.8x10 Lot Size: 1 Acre Year Built: 1900 Approx Real Estate Taxes: $928.76 Per Year w/ Homestead Exemptions Schools: North Elementary, North Posey Jr & Sr High Schools Parcel #: 65-08-12-100-012.000-006 Legal Description: MID PT E/2 NE 12-5-14 1A. Zoning: None 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 5% 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. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Fall 2024 installment. The property is selling on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. Broker Participation: Qualifying real estate brokers may earn up to 2.5% for representing a successful bidder at the auction. To qualify, broker must notify Sohn & Associates about client a minimum of 5 days prior to the auction. Please email or fax Broker Name & Client to tsohn@SohnAndAssociates.com or fax 812-467-0232.

Auction Information

Name	3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & POLE BARN
Auctioneer	Sohn & Associates Ltd
Type	Online-Only Auction
Date(s)	3/22/2024 - 4/28/2024
Auction Date/Time Info	Bidding Ends: SUNDAY APRIL 28th at 5:30 PM (Soft Close)
Preview Date/Time	Public Viewing: FRIDAY APRIL 19th 3:00 PM - 5:30 PM Location: 4701 PENFOLD ROAD in NEW HARMONY, IN 47631; rom Evansville, go West on IN-66 approximately 21 miles to New Harmony, turn Left (South) on IN-69 S, continue approximately 2.5 miles then turn Right on Penfold to property on your right.
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 5% 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	4701 Penfold Road New Harmony, IN 47631
Buyer Premium	NO BUYER'S PREMIUM!
Description	ONLINE PUBLIC REAL ESTATE AUCTION 3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & POLE BARN 4701 PENFOLD ROAD in NEW HARMONY, IN 47631 Directions: From Evansville, go West on IN-66 approximately 21 miles to New Harmony, turn Left (South) on IN-69 S, continue approximately 2.5 miles then turn Right on Penfold to property on your right. Bidding Link: www.SohnAndAssociates.HiBid.com Bidding Ends: SUNDAY APRIL 28th at 5:30 PM (Soft Close) - Come Live in the Historic Town of New Harmony, IN! - Convenient Location to Mt. Vernon, Evansville & Grayville, IL! - Only Seconds from Harmonie State Park! - 1,624+/- SQFT Ranch Home w/ Amazing Potential! - Perfect for Investor or End User! - 2 Car Garage & 30'x33' Pole Barn! - Beautiful 1 Acre Lot! - Guaranteed Good Clear Title & 60 Days to Close! - No Buyer's Premium! This nice brick Posey County ranch home offers lots of potential! Originally built in 1900, the home has approximately 1,624 square feet of living space on one level. This includes a large living room with a fireplace (Squire insert), kitchen, 3 bedrooms, and a full bath. You will also find a breezeway, and a large laundry room. Other features and amenities include a 2-car attached garage, 635 square foot unfinished basement, 30'x33'x10' pole barn built in 1930, HVAC, a perfect gardening spot and more! New Harmony is a vacationer's and researcher's paradise with buildings from the early nineteenth and mid-nineteenth century, including a museum, library, gallery and opera house. There are a plethora of antique shops, fantastic dining opportunities and much more. Please make your plans now to bid your price on this great opportunity! Approx Rm Sizes: Living Rm 27.4x19.7; Enclosed Porch/Breezeway 9.9x9.3; Kitchen 15.7x11.5; Laundry Rm 13x6.7; Bedroom 14x11; Bedroom 18x9; Bedroom 12.8x10 Lot Size: 1 Acre Year Built: 1900 Approx Real Estate Taxes: $928.76 Per Year w/ Homestead Exemptions Schools: North Elementary, North Posey Jr & Sr High Schools Parcel #: 65-08-12-100-012.000-006 Legal Description: MID PT E/2 NE 12-5-14 1A. Zoning: None Public Viewing: FRIDAY APRIL 19th 3:00 PM - 5:30 PM; or Call for 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 5% 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. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Fall 2024 installment. The property is selling on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. Broker Participation: Qualifying real estate brokers may earn up to 2.5% for representing a successful bidder at the auction. To qualify, broker must notify Sohn & Associates about client a minimum of 5 days prior to the auction. Please email or fax Broker Name & Client to tsohn@SohnAndAssociates.com or fax 812-467-0232. For a complete listing of details and auction terms, please visit the bidding link at www.SohnAndAssociates.HiBid.com. If you do not wish to bid online, please call the office to make alternate arrangements. Sellers: Brandi McDaniel, Christina Hibbert, Jessica Schaeffer, Brian Schaeffer Auctioneer: Trent Sohn #AU19700067, #AC3000226 Real Estate Auction Sale: 1839

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 5% 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. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the FALL 2024 installment.. The property is selling on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. Possession will be immediate upon closing. 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. Broker Participation: Qualifying real estate brokers may earn up to 2.5% for representing a successful bidder at the auction. To qualify, broker must notify Sohn & Associates about client a minimum of 5 days prior to the auction. Please email or fax Broker Name & Client to tsohn@SohnAndAssociates.com or fax 812-467-0232.

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 5% 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. 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. At this time, a 5% down payment will also be required. This deposit may be in the form of cash, cashier's check, personal or corporate check. The balance will be due & payable at closing within 60 days. 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.

Lot # : 1 - 3 BED, 1 BATH HOME on 1 ACRE LOT w/ GARAGE & BARN