Evansville, IN 47712(Posey County)

Property Location: Property fronts on Marx Rd & N Posey Co Line Rd in Evansville, IN. From the N University Parkway, go West on Marx Rd to property on your right; Watch for signs.

- Productive Tillable Farmland (153.58 Cropland Acres Per FSA)!

- Some Heavily Wooded Acreage!

- Abundant Road Frontage!

- Beautiful Potential Building Sites Many Perfect for Walk-Out Basements!

- 1.8+/- Lake!

- Convenient Location Only Seconds from the University of Southern Indiana & Posey County!

- No Buyers Premium & 60 Days to Close!

Parcel #1: Consists of 25+/- acres fronting along Marx Rd. Approximately 12.3 acres are wooded with a nice stand of mature trees great for hunting or recreation. Per the USDA there are 9.54 acres tillable consisting of productive Wilbur & Stendal Silt Loams. This entire tract is in the flood plain.

Parcel #2: Consists of 37+/- acres fronting on Marx Rd. Per the USDA, this level parcel has 31.5 acres tillable. Soil consists of quality Bonnie & Stendal Silt Loams. Nearly all this tract is in the flood plain.

Parcel #3: Is an incredible 52.5+/- acres again fronting on Marx Rd. Per the USDA, it offers approximately 42.51 tillable acres consisting mainly of Stendal, Hosmer & Wilbur Silt Loams. This parcel is improved with a 1.8+/- acre lake and a grain bin. The rolling topography and amazing views provide numerous potential building sites!

Parcel #4: Offers 42+/- acres fronting on both Marx Rd and N Posey County Line Rd. This beautiful tract is nearly all tillable with Hosmer, Stendal, Wilbur & Bartle Silt Loams.

Parcel #5: Is another gorgeous 7.5+/- acres fronting on N Posey County Line Rd. It is nearly all tillable and would make a fantastic potential home site.

Parcel #6: Consists of 5.5 acres with lots of frontage on N Posey County Line Rd. It is also nearly all tillable and a perfect potential building site.

Parcel #7: Offers another fabulous potential building site with 7+/- acres and amazing views. This tract is nearly all tillable.

Parcel #8: Contains a lovely 10.5+/- acres fronting on N Posey County Line Rd. It features amazing views of the country side and approximately 1.7 acres of woods.

Additional Notes:

This farm consists of Current Taxing Parcels 82-05-06-003-062.001-022 (172.11 Acres) (2023 Pay 2024 Annual Taxes: $6,133.64) & 82-05-07-003-062.026-022 (14.51 Acres) (2023 Pay 2024 Annual Taxes: $377.88).

Centerpoint Energy natural gas is available.

PUBLIC SHOWING: An auction representative will be onsite THURSDAY MAY 22nd from 12 NOON to 2:00 PM or call our office 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 our office to arrange a live phone bid or absentee bid. You may also leave online pre-bids. Please note that online bidding will only be for individual tracts or the entirety. 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 buyer 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).

Taxes: The purchaser(s) will assume the taxes starting with the Spring 2026 installments.

Possession: Possession / farming rights will begin at the conclusion of the 2025 farming year. Seller to retain the 2025 crop proceeds.

Mineral Rights: All oil, gas and other minerals were conveyed via Mineral Deed dated July 22, 1938.

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 3%, 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: Jeffrey & Cynthia Meyer

Auctioneer: Trent Sohn #AU19700067; AC#30000226

Auction Id: 2047