This gorgeous Gibson County property is conveniently located just north of Princeton High School and only minutes from the Toyota manufacturing plant.
It consists of a gently rolling 8.8+/- acres with ample road frontage on the west side of N SR 65 in Patoka Twp. There are approximately four open / tillable acres with the balance being wooded.
There is a water main on the west side of SR 65 that can potentially be tapped. The sanitary manhole across SR 65 from the southeast corner of the parcel could also potentially be accessed. The seller has had previous positive conversations with the city about these utilities, but it will ultimately be up to the buyer to get final approval and connection.
- Lot Size: 8.8+/- Acres
- Approx 22 Pay 23 Taxes: $208 Per Year
- Parcel #: 26-12-06-100-001.423-027
- Brief Legal Description: PT NW 6 2 10 8.80 AC D-1
- Zoning: R-4 Low Density Resident...
- Zoning: R-4 Low Density Residential District The purpose of this district is to encourage medium low density residential single-and two-family dwellings but not to exceed four dwelling units per gross acre. Centralized water and sewer facilities are required. Per Princeton, Indiana - Code of Ordinances
Terms: (Please read complete terms & conditions online prior to bidding). No Buyers Premium will be charged. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 10% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not subject to financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2024 installment. Possession will be immediate upon closing. The property is selling on an AS IS basis and subject to seller approval. 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 and related materials 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 representatives are agents of the seller.
Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder.
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 InformationFrom the square in Princeton, go North on N Main St (SR 65), continue past Princeton High School to the property on your Left (Directly across from E Lake Inwood Drive)
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