Property
Auction1,414 Acres
Sold
Sold
Auction1,414 Acres
Sold

Mount Vernon, IN 47620 - Posey County

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Property ID 4866325

Auction Information

Greathouse Island Auction
CR 1700, Mt. Vernon, IN
Start Date: 02/14/2018, 12:00 PM

1,414 acres in Posey County, Indiana

Description

HISTORIC GREATHOUSE ISLAND LAND AUCTION

WEDNESDAY, FEBRUARY 14TH AT 12 NOON CT

ATTENTION FARMERS, HUNTERS, AND INVESTORS!!

1414 +/- Total Acres with FSA 725 +/- Tillable Acres Productive Tillable Farmland Over 1-mile Wabash River Frontage Outstanding recreational tracts and wildlife habitat Offered in (11) tracts, combinations, and the entirety Close Proximity to Grain Terminals Tracts Ranging from 22 to 312 Acres

AUCTIONEERS NOTE: William Wilson Auction Realty is pleased to offer the legendary Greathouse Island at public auction. This is an historic opportunity to own this large land mass, held together for nearly 200 years!

FOR THE FARMLAND INVESTOR: This farm represents large contiguous tillable tracts with productive soils, and features mile-long rows.

FOR THE RECREATIONAL BUYER: Located just north of the confluence of the Ohio and Wabash Rivers, this tract is in the flyway for migratory waterfowl and certainly features all the qualities for whitetail deer and turkey. Many trophy deer have been harvested from Greathouse Island.

INSPECTION DATES

Saturday February 3, 12-3 PM CT; Wednesday, February 7 from 12-2 PM

Meet a Wilson Representative on CR 1700 at the entrance to the Island

PROPERTY DESCRIPTION Large Contiguous Tract of Farm and Recreational Land

Tracts 1-7: 592 Total Acres, Wooded and Recreational Tracts

For the recreational land buyer, these tracts feature over a mile of frontage along the Wabash River with easy access, lowland sloughs, and tree lines with the Old Channel cutting off access from the west. They represent ideal wildlife habitat, and have consistently yielded large whitetail deer.

Tracts 8-10: 800 Total Acres; Approx. 725 Acres Cropland

For the farmland investor, the Greathouse Island farm is productive Posey County farmland featuring Newark, Stonelick, and Genesee as the predominant soil types on these tracts with long rows and open fields.

The 2017 crop was soybeans. Please refer to website for FSA and soil information.

Tract 11 consists of approximately 22 acres on the East side of the Wabash River, with easy access via Herman Island Road. The tract would be appealing as a quality recreational tract fronting the Wabash River on the Indiana side. DIRECTIONS: From IL 141 just west of the Wabash River Bridge, turn South on CR 1700 and proceed to the Island. Watch for signs.

TRACT DESCRIPTIONS

Tract 1: 132 ac; wooded; fronting Wabash River

Tract 2: 126 ac; wooded

Tract 3: 142 ac; wooded; fronting Old Channel

Tract 4: 59 ac; wooded; fronting Old Channel

Tract 5: 39 ac; wooded; fronting Old Channel

Tract 6: 40 ac; wooded; fronting Old Channel

Tract 7: 54 ac; wooded; near entrance to Island

Tract 8: 192 ac Tillable Acreage FSA:

Tract 9: 312 ac Tillable Acreage FSA:

Tract 10: 296 ac Tillable Acreage FSA: 285 ac

Tract 11: 22 ac

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Directions

Property Location: Located in Sections 7, 11, 12, 13, 14 and 18 of Black Township, 10 miles west of Mt. Vernon, IN, [GPS LOCATOR: 37.925888, -88.033505]

Auction Location: The Auction Center, 1026 Granary Street, New Harmony, Indiana

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Source:First Street
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Listing last updated: February 5, 2022 at 8:37 AM
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