POSEY COUNTY PRIME FARMLAND
LIVE SIMULCAST AUCTION
Good Road Frontage
Central Location
Good Productive Row Crop Soils
Mature Timber/Hunting
Auction Features
Thursday, July 30th, 10AM
POSEY COUNTY, INDIANA
FARMLAND AUCTION
100+/- ACRES
PRIME FARMLAND
MT VERNON, IN
PRIME FARMLAND AUCTION: Offering an exceptional opportunity to own approximately 100 ± acres of highly productive farmland in Posey County, Indiana. Featuring approximately 89 ± tillable acres, this property offers an excellent combination of income-producing farmland and recreational appeal.
The farm enjoys outstanding access with road frontage along both Ashford Road and Hollar Road, providing convenient entry for farming operations and future ownership. The predominant soil types include Wheeling Loam, Ginat Silt Loam, Vincennes Loam, Weinbach Silt Loam, and Elkinsville Silt Loam, making this an attractive tract for agricultural production.
In addition to its strong farming potential, three small sections of timber create ideal travel corridors and bedding cover for local wildlife. These wooded pockets, surrounded by productive cropland, offer excellent opportunities for deer hunting while maintaining the property's agricultural value.
Whether you're looking to expand your farming operation, add to your investment portfolio, or own a productive farm with recreational benefits, this versatile Posey County property deserves a closer look.
Tract 1: 100 +/- acres - Located along Ashford and Hollar Roads, just E of Raben Road this tract offers approximately 2,600’ of road frontage. It is almost entirely tillable with the predominant soil types being Wheeling Loam, Ginat Silt Loam, Vincennes Loam, Weinbach Silt Loam, and Elkinsville Silt Loam.
Terms and Conditions:
Terms for Real Estate: The purchaser shall pay 10% of the purchase price as a down payment at the auction site at the conclusion of bidding. The balance is due with delivery of the deed on or before September 15th, 2026.
Mineral Rights: All mineral rights owned by the seller will be retained.
Deed: Seller shall provide a General Warranty Deed.
Evidence of Title: The Buyer will be responsible for any fees associated with the owner’s title insurance policy if one is desired. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title and similar related matters. All tracts are sold “AS IS”.
Real Estate Taxes: The property taxes shall be prorated to the date of closing.
Closing: Closing shall occur on or before September 15th, 2026 at a location designated by the Seller.
Possession: Possession will be granted after crops are harvested, or December 31st 2026; whichever comes first.
Farming Rights: The farm is rented for the 2026 farm season. The Seller will receive the owner’s share of the farm income.
Acreage: All tract acreages and proposed boundaries are approximate and have been based off of legal descriptions, aerial maps and other documents.
Disclaimer: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. THE PROPERTY IS SOLD “AS IS, WHERE IS”. No warranty of representation, either express or implied, or arising by the operation of law concerning the Property is made by the Seller and the Auctioneers and are hereby expressly disclaimed. In no event shall the Seller or Auctioneer/Broker be liable for any consequential damages. The information contained herein is believed to be accurate but subject to verification by all parties relying on it. Seller and Auctioneers assume no liability for its accuracy, errors and omissions. All boundary lines and dimensions are approximate. Seller and Auctioneer reserve the right to preclude any person from the bidding if there is any question, in the sole judgment of the Seller and Auctioneers, as to such person’s creditworthiness, ability or willingness to close on the purchase of the property, credentials, fitness, etc. All decisions of the Auctioneer are final.
There is NO BUYERS PREMIUM. Normal and customary closing costs will apply.
Seller: The Don W. Beste Settlement Trust - Old National Wealth Management, Trustee.
The Charles Edward Beste Revocable Trust & The Anna Mae Legate-Beste Revocable Trust
Auction Site: Real Estate Sells at 10:00 AM at the American Legion Post 5, 203 Walnut Street, Mt. Vernon, IN
For more information contact Jason Blue at 812-452-3191.
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Contact
Jason Blue