Benthall Road, Marrs Center, IN 47620 - Posey County

REAL ESTATE AUCTION

90.48 +/- ACRES

MARRS TOWNSHIP

WEDNESDAY, OCTOBER 7, 2015 5:30 PM CT

AUCTION LOCATION: THE AUCTION CENTER, NEW HARMONY, IN

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to the Albert G. Hermsen Sr. Revocable Trust, consisting of approximately 90.48 +/- acres located in Section 30 of the North Part of Marrs Township, Posey County, Indiana.

DESCRIPTION

90.48 +/- total acres with FSA 88.2 +/- tillable acres

mile + road frontage

Productive tillable land

7 miles from grain terminal

Tracts ranging from 10 +/- acres to 39 +/- acres, or buy the entirety

Mineral rights and producing oil royalty offered separately

PROPERTY LOCATION: Located in Section 30 of Marrs Township, 7 miles northeast of Mt. Vernon on Benthall Road between McKinnies and Caborn Roads

[GPS: 37.975430, -87.801827]

PROPERTY DESCRIPTION -- Quality Posey County Farmland

Tracts 1-4: 53 total acres, 50.7 acres cropland. Productive Posey County farmland featuring Alford and Evansville as the predominant soil types on these tracts. The tracts have frontage along Benthall Road and offer sloping topography with good drainage. A tree line runs along the south and west lines of this tract.

The 2015 crop is soybeans. The Posey County Farm Service Agency (FSA) office shows a total of 50.7 acres of tillable land on these tracts. Refer to website for FSA and soil information.

With sloping topography and a nice ridge along the south line, these tracts would also be suited for individual home site development.

Tract 5: 39 total acres, 37.5 acres cropland. Productive Posey County farmland featuring Alford and Evansville as the predominant soil types on this tract. The farm has frontage along Benthall Road and offers sloping to level topography with good drainage. A tree line runs along the south and east lines of this tract.

The 2015 crop is double crop soybeans. The Posey County Farm Service Agency

(FSA) office shows a total of 37.5 acres of tillable land on this property. Refer to website for FSA and soil information.

PRODUCING OIL ROYALTY: 10-year production history of Lease 41993 Hermsen Heirs #5-1 shows 28,000+ barrels produced

INSPECTION DATE: Auction Company representatives will be on-site at Benthall Road on Sunday, September 27, 2-3:00 PM CT.

AUCTION LOCATION: The Auction Center, 1026 E. Granary St, New Harmony, IN 47631

OWNER: Albert G. Hermsen Sr. Revocable Trust

All announcements the day of the auction take precedence over printed material or any other oral statements made.