MT VERNON INDIANA PUBLIC REAL ESTATE AUCTION
3 FARMS TOTALING 117.7 ACRES in MT VERNON, IN;
OFFERING HIGH QUALITY TILLABLE SOILS, BARN & GRAIN BINS, POTENTIAL HOME SITES or DEVELOPMENT POTENTIAL!
Live Auction Date: TUESDAY MARCH 17th at 6:00 PM
Live Auction Location: BEULAH LODGE - 1131 W 4th St, Mt Vernon, IN 47620; from Main St in Downtown Mt Vernon, go West on 4th St approximately .8 mile to Lodge on your right.
Auctioneers Note: Sohn & Associates is very pleased to offer this outstanding opportunity! If you are a Farmer, Investor, Developer, Outdoor Enthusiast, or just someone looking for the perfect place to build your Dream Home, you must investigate this wonderful Estate Auction!
Tract #1: 80 ACRES on MEINSCHEIN RD MT VERNON, IN 47620
Directions: from SR 62, go South on Caborn Rd to Left on Meinschein to property on your right (just east of 7511 Meinschein Rd)
This prime Marrs Township...
This prime Marrs Township acreage offers level topography, high quality soils, and ample paved road frontage. Per the Farm Service Agency, there are 79.61 Cropland Acres consisting of productive Weinbach silt loam, Ginat silt loam, Vincennes loam, Wheeling loam, and Elkinsville silt loam.
Located only 15 minutes from the University of Southern Indiana, this tract also provides the possibility for beautiful homesites and future development potential. Only a very small amount of the property on the south end is located within Flood Zone AE (see map).
Parcel #: 65-14-17-400-008.000-019
2024 Pay 2025 Taxes: $ 3,068.52 Per Year
Zoning: Agriculture
PUBLIC SHOWING: An auction representative will be onsite at Tract #1 TUESDAY MARCH 10th from 12 NOON – 2 PM or Call 812-467-0227 to schedule an appointment!
Live Auction Procedure: Each tract will be offered individually. There will be no combination bidding, but all Tracts will remain “open” until 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 an absentee bid. You may also pre-bid online. Please call to discuss the details of the online bidding.
Auction Terms & Conditions:
No Buyer's Premium! Whatever you bid is the final contract price, no buyer’s 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.
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 Fall 2026 installments.
Possession: With the exception of the grain bins on Tract 2, possession and farming rights begin immediately after closing. Possession of the grain bins on Tract 2 will be April 2, 2026.
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 Estate & or Courts.
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 county records. No surveys will be provided.
Agency: Sohn & Associates, Ltd. and its employees and representatives are agents of the seller.
Seller: Pauline K. Denning Estate
Auctioneer: Trent Sohn #AU19700067; AC#30000226
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections to Tract #1: from SR 62, go South on Caborn Rd to Left on Meinschein to property on your right (just east of 7511 Meinschein Rd)
Directions to Live Auction Location: BEULAH LODGE - 1131 W 4th St, Mt Vernon, IN 47620; from Main St in Downtown Mt Vernon, go West on 4th St approximately .8 mile to Lodge on your right.