The Mary Ann Ruppel Estate
SELLAFARM
Your Team On The Ground
Knox County, Indiana Farm & Development Land Auction
56.65+/- Total Acres
42+/- Acres Tillable, Near 100% Tillable Field with Grain Terminals & Major Area Highways Nearby!
14.65+/- Beautiful Building / Development Location with featuring 4.6+/- Acre Pond, Mature Trees & Traditional Barn!
Land is Being Offered in 2 Tracts!
Live In-Person Auction with Live Online Bidding
Auction Date:
Thursday, March 14th, 2024, 5 PM Eastern
Auction Location: Holiday Day Inn Express
2720 Battery Road, Vincennes, IN 47591
LAND LOCATION
GPS Address for Drive: 5044 State Road 61, Vincennes, IN 47591
All Land is Contiguous! Directional Signs and Full-Color, Multi-Page Brochures posted.
From Vincennes, IN: From Intersection of Bierhouse Boulevard & Indiana State Road 61, Head South 2.75 Mile to Land Location. Signs Posted.
From Monroe City, IN: Follow Indiana State Road 61 approximately 6 Mile to Land Location.
Land can be Viewed at Your Convenience!
Preview Date for Guided Polaris Tour & Questions:
Thursday, February 29th, 4 – 6 PM Eastern
Please Use Tract 2 as Meeting Location.
Tract 1 – 42+/- Acres, Near 100% Tillable, ALL NHEL
Quick Access to Major Area Highway & Local Grain Terminals!
Latitude: 38.646145 Longitude: -87.447202
Brief Legal: Part of Survey 4, Palmyra Township, Knox County, Indiana. T3N-R9W.
Access: Access to State Road 61.
Soils: AlB2 Alford Silt Loam, 2-5% slope, 33.23 Ac., 78.7%; AlC2 Alford Silt Loam, 5-10% slope, 7.32 Ac., 17.3%; AlD3 Silt Silt Loam, 10-18% slope, 1.66 Ac., 3.9%; Surety Weighted Average Productivity Index (WAPI): 135.6. ALL NHEL. Digital copies of Soil & Topography Maps are posted to www.sellafarm.com, view anytime.
R.E. Estimated Taxes (Tracts 1 & 2 are Currently Combined): Knox Sullivan County Parcel Index Number: 42-11-32-300-005.000-008. Total Estimated Tax Bill for Tracts 1 & 2 Combined: $1,180.78 Annual Tax plus $15.82 Drainage Tax for total of: $1,196.60. County to Divide Accordingly if Sold Separate. 2023 taxes, due & payable 2024 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing. Buyer(s) thereafter. Please See www.sellafarm.com for digital copies of the estimated tax bills, view anytime.
Tract 2 – 14.65+/- Acres, Beautiful Building Site with Traditional Barn & Mature Trees, 2 Water Wells, Enjoy Evenings with Family around your 4.6+/- Acre Pond!
Latitude: 38.643375 Longitude: -87.447845
Brief Legal: Part of the Survey 4, Palmyra Township, Knox County, Indiana. T3N-R9W.
Access: Access to State Road 61. Please Note: Adjoining Neighbor has easement along current driveway. Buyer of Tract 1 to receive easement as well.
Building Site Potential: This Tract Provides Your Opportunity to Purchase a Beautiful Building Site just minutes from Vincennes, IN. Small to Medium Sized Timber, Several Near-Flat, Open Areas for Building Sites with additional areas that can be cleared. The 4.6+/- Acre Pond provides Endless Enjoyment from Fishing, Swimming -or- simply overlooking the water on a Beautiful Southern Indiana Sunset.
Weekend Getaway Paradise: This Tract provides a Great “Home Away From Home” Weekend Getaway Paradise! Convert this into a Permanent Camping Spot that is just minutes from Shopping, Entertainment & Much More!
School District: South Knox
R.E. Estimated Taxes (Tracts 1 & 2 are Currently Combined): Knox Sullivan County Parcel Index Number: 42-11-32-300-005.000-008. Total Estimated Tax Bill for Tracts 1 & 2 Combined: $1,180.78 Annual Tax plus $15.82 Drainage Tax for total of: $1,196.60. County to Divide Accordingly if Sold Separate. 2023 taxes, due & payable 2024 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing. Buyer(s) thereafter. Please See www.sellafarm.com for digital copies of the estimated tax bills, view anytime.
FSA Info: Farm No. 1518, Tract No. 2458. Corn Base 24.31 Ac., PLC yield 145; Wheat Base 23.59 Ac., PLC yield 43; Total Base Ac. 47.9. Digital copy of FSA Maps & FSA 156 EZ are posted to www.sellafarm.com, view anytime.
Farm Rights: Buyer(s) to have 2024 Farm Rights.
Mineral Rights: Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers if any.
Possession: Date of closing on Both Tracts.
Survey: Advertised Acres are gathered from county/tax records, Farm Service Agency Mapping along with other digital mapping systems. Digital copy of FSA Maps, FSA 156 EZ & Knox County GIS Aerials are posted to www.sellafarm.com, view anytime. Actual surveyed acres may change. Any survey cost to be paid by buyer(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer’s premium per acre.
Online Bidders: Please Make sure to hit the Blue “Enter Auction” button as well as the “View Live Stream” Button for live video feed.
Online Bidders: Please take special note of the countdown timer shown on the screen. It may be extended or shortened at any moment to reflect when we go to a 2 Minute Countdown timer. Online bidders are encouraged to bid early and often as technical issues may arise. 2 Minute Timer will be placed on the screen once owner confirmation has been obtained.
Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared, Plan to as soon as necessary documents are prepared. Have financial arrangements made prior to the auction as the sale is not contingent upon the Buyer(s) ability to obtain financing.
Title: Seller shall furnish the buyer(s) at Seller's expense an Owners Policy of Title Insurance in the amount of the purchase price for surface rights only, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
Agency: SELLAFARM, Your Team on the Ground and its representatives are acting as Agents for the Seller.
Approval of Bids: Being sold subject to Owner Confirmation.
Bidding: All Bidding will be on a per acre basis from beginning to end on all Tracts. All bidding will be in increments of $1,000, $500, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer. 2 Minute Countdown Timer will be placed on the screen once final countdown has begun. If any bids, Timer will reset.
Other Announcements: All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Announcements made on the podium day of the auction take precedence over any previous information.
Log onto www.sellafarm.com downloadable multi-page brochure, aerials, FSA Maps, Soil & Topography Maps, drone tour, ground photos & plats.
For more information, please contact Land Specialist and Listing Broker Gregg Parrott at 618 – 843 – 4905 -or- Zane Parrott at 812-890-5452!
Prospective Buyer(s) are welcome to walk the land at their Convenience!
Preview Date for Guided Polaris Tour & Questions:
Thursday, February 29th, 4 – 6 PM Eastern
Please Use Tract 2 as Meeting Location.
The Mary Ann Ruppel Estate – Seller
Dan Sievers - Attorney