Auction Date: WEDNESDAY NOVEMBER 9th at 5:30 PM
FERSTEL ROAD & LEXINGTON SUB in
Directions to Property:
From the Intersection of IN-66 & Sharon Rd in Newburgh, go South on
IN-66 to Left (East) on Ferstel & watch for signs.
FIRST FEDERAL SAVINGS BANK OPERATIONS CENTER - 4920 DAVIS LANT DR in
Directions to Auction Location:
From the Intersection of Green River Rd & Lynch Rd, go South on Green
River to Left on Davis Lant Dr.
-HUNTERS & OUTDOOR ENTHUSIASTS,
-INDIVIDUALS LOOKING FOR THE PERFECT PLACE TO BUILD YOUR
Associates has been authorized to sell this prime Warrick County real estate at
Public Auction. Please make your plans now to come bid your price!
-FANTASTIC WARRICK COUNTY LOCATION!
HISTORIC DOWNTOWN NEWBURGH & EVANSVILLE!
FROM A SINGLE LOT TO 46 ACRE WOODS!
-GUARANTEED GOOD CLEAR TITLE!
TO 60 DAYS TO CLOSE!
TRACTS #1 - #16
Tracts 1 thru 11 are all developed turn-key lots in the beautiful
Lexington Subdivision ready for you and your builder to start the process of
building your dream home!
Tract #1 (Lot 1 Lexington Sub): Commonly known as 6011
SABLE RIDGE DR, this residential lot fronts on Sable Ridge Dr just
South of Ferstel Rd. It is .26 of an acre
and would make a beautiful building spot!
Tract #2 (Lot 25 Lexington Sub): Commonly known as 6188
THORNBURY CIR, this nice lot fronts on Thornbury Cir & St Clare
Dr at the north end of Ashford Dr. It measures approximately .245 acres.
Tract #3 (Lot 47 Lexington Sub): Commonly known as 6122
SABLE RIDGE DR, this nice corner lot measures approximately .263 acres.
Tract #4 (Lot 49 Lexington Sub): Commonly known as 5594
ASHLEY DR, this prime building lot measures .263+/- acres. It adjoins
Auction Tract #5.
Tract #5 (Lot 50 Lexington Sub): Commonly known as 5588
ASHLEY DR, this lot is at the corner of Ashley & Ashford Dr. It
measures approximately .263 acres, and it would be a great
auction combination with Tract #4.
Tract #6 (Lot 57 Lexington Sub): Commonly known as 5594
ESSEX DR, this very nice lot measures approximately .26 acres.
Tract #7 (Lot 60 Lexington Sub): Commonly known as 5611
LENOX DR, this lot measures approximately .32 acres. It adjoins
auction Tract #8.
Tract #8 (Lot 61 Lexington Sub): Commonly known as 5633
LENOX DR, this corner lot measures approximately .321 acres.
It also fronts on Sable Ridge Dr, and it would make a perfect combination with auction
Tract #7 for an extra-large double lot.
Tract #9 (Lot 62 Lexington Sub): Commonly known as 6000
SABLE RIDGE DR, this large lot overlooks the entire subdivision and
would be a great combination with auction Tracts #10 & 11. This tract
measures approximately .406 acres.
Tract #10: (Lot 63 Lexington Sub): Commonly known as 5600
LENOX DR, this nice let is situated between Auction Tracts #9 &
11. It measures approximately .412 acres.
Tract #11: (Lot 64 Lexington Sub): Commonly known as 5588
LENNOX DR, this beautiful corner lot measures approximately .405 acres and also fronts on Ashford Dr. This tract would
again make a wonderful combination with auction Tracts #9 & 10 for an
incredible building site of over 1.2 acres with scenic views of the entire subdivision.
Tracts 12 thru 16 are five adjoining lots in Lexington Sub.
Tract #12 (Lot 65 Lexington Sub): Commonly known as 6066
ASHFORD DR, this lot measures approximately .3025 acres.
Tract #13 (Lot 66 Lexington Sub): Commonly known as 6088
ASHFORD DR, this nice lot is just south of Tract #12 and measures
Tract #14 (Lot 67 Lexington Sub): Commonly known as 6100
ASHFORD DR, this lot is just south of Tract #13 and measures
Tract #15 (Lot 68 Lexington Sub): Commonly known as 6112
ASHFORD DR, this lot is just south of Tract #14 and measures
Tract #16 (Lot 69 Lexington Sub): Commonly known as 6122 ASHFORD DR, this lot
is just south of Tract #15 and measures approximately .28 acres.
Tract #17: Consists of 4 adjoining lots in THE VILLAGE OF LEXINGTON. This tract
will require the completion of Whitegate Ct, a private road. These lots are
commonly known by the Warrick County Assessor as 5500
WHITEGATE CT (.18+/-
acre); 5501 WHITEGATE CT (.175 acres+/-);
5516 WHITEGATE CT (.14 acre+/-) & 5517 WHITEGATE CT (.12 acres+/-).
Tract #18 (Lot 73 Lexington Sub): Commonly known as 6063
- 6102 GLENVIEW DR, this tract measures approximately 1.6829 acres.
It is currently planned for 16 Brownstone condominiums. This tract currently
requires the completion of a private road and utilities.
Tract #19 (Lot 74 Lexington Sub): Commonly known as 6103
- 6146 GLENVIEW DR, this tract measures approximately 1.6843 acres.
It is currently planned for 16 Brownstone condominiums. This tract will currently
require the completion of a private road and utilities.
Tract #20 (Lexington Condominium Regime PT LOT 75D): Commonly known as 6151- 6175 GLENVIEW DR, this
tract is ready for the completion of 5 Brownstone condominiums!
Tract #21: (Lot 76 Lexington Sub): This tract consists
acres and fronts on St Clare
Tract #22: Consists of 26 platted, yet undeveloped,
residential lots. Lots 10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,27,28,31
32,33,34,35,36,37,38,39 of Lexington Sub. It contains approximately 20.38 acres excluding the proposed roads. This tract is
located at the SW end of the subdivision and will require completion of roads and
utilities. Please note that the buyer will be purchasing this Tract subject to
Letter of Credit to Warrick County for the completion of streets, storm
drainage system and sidewalks.
Tract #23: Consists of 46.73+/- acres fronting on Ferstel Rd. It is situated just west
of the current Lexington Sub. It is nearly all wooded and would be perfect for
the developer, hunter, outdoor enthusiast, or someone looking for prime acreage
to build their dream estate home!
Tract #24: Consists of a narrow strip of land at the SW
corner of Tract #23.
Auction representatives will be onsite SUNDAY OCTOBER 30th from 12 Noon to 2:00 PM or Call.
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.
Estate Terms & Conditions: No Buyer's Premium will be charged! 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. The balance
will be due and payable at closing within 60 days. Purchaser(s) will be
provided with evidence of marketable title. Purchaser(s) will assume the taxes
starting with the Spring 2017 installments. Possession will be immediate upon
closing. All mineral rights owned by the seller, if any, will be conveyed to
buyer(s). Property is selling subject to
seller approval. 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. This agreement has, 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 including, but
without limitations to fitness for a particular use, zoning classification,
utilities, assurance of building permits, driveway permits, or water and septic
permits. Each potential bidder is
responsible for conducting his or her own independent inspections, investigations,
inquiries, and due diligence concerning the property. 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. Sohn & Associates, Ltd. and its employees
and representatives are agents of the seller.
Participation: A 1% referral fee will be paid to any
qualified cooperating broker that registers your client prior to the auction.
Please call for details.
First Federal Savings Bank