Auction Terms & Conditions:
No Buyer's Premium! Whatever you bid is the final contract price, no buyer premium will be added.
Down Payment: A 10% deposit will be required from the successful bidder within 24 hours of the conclusion of the auction. This may be in the form of a personal or business check.
Closing: The balance of the purchase price will be due and payable at closing within 60 days after the auction date.
Financing: Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, & are capable of paying cash at closing.
Evidence Of Title: Purchaser will be guaranteed good clear title. The seller will pay for the search portion of the title commitment.
Taxes: The purchaser(s) will assume the taxes starting with the Fall 2026 installments.
Possession: Possession will be immediate upon closing, subject to the tenant lease on one building.
Mineral Rights: All the mineral rights owned by the seller, if any, will be conveyed to new purchaser(s).
Approval Of Bid Prices: The final auction bid is subject to the acceptance or rejection by the seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this flyer and all related materials are subject to the terms and conditions outlined in the purchase agreement. 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. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities or easements, assurance of building permits, driveway permits, or water and septic permits. In some instances, additional engineering may be required to be filed with the Area Plan Commission for getting final building site approval. All sketches and dimensions in this brochure and related materials are approximate. 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.
Agency: Sohn & Associates, Ltd. and its employees and representatives are agents of the seller.

ONLINE POSEY COUNTY REAL ESTATE AUCTION 6.71 ACRES IMPROVED with THREE BUILDINGS! Property Location: 1823 HWY 68 NEW HARMONY, IN 47631 Directions: From I-64 take Exit 4 toward New Harmony; continue South on IN-69 S approximately 4.7 miles, then turn Left on IN-68 E and go approximately .9 miles to property on your right. Auction Link: www.SohnAndAssociates.HiBid.com Bidding Ends: MONDAY MARCH 30th at 6:00 PM (Soft Close) Preview: Monday March 16th Noon - 2 PM or Call! ATTENTION INVESTORS, FARMERS, ANYONE NEEDING STORAGE SPACE or HOMESITE! - Convenient Posey County Location Close to I-69! - Immediate Income from a Long-Term Lease! - 12,965+/- Total Square Feet Under Roof in 3 Buildings! - Ample Grounds for Vehicles, Equipment, Maneuverability, Building a Home, 4-H Animals, and Gardening! Opportunity awaits in this versatile Posey County property featuring three buildings totaling over 12,965 sq. ft. of space. Whether you're an investor, farmer, or anyone needing significant storage or operational space, this property offers incredible flexibility! Leased Building (1823 Hwy 68) - Year Built: 2016 - Size: 30'x50'x12' - Lease Summary: $700 Per Month; Ends Dec 2040; Tenant Pays Electric It features an office area, kitchen area, bathroom, concrete floors, Carrier ductless mini-split AC & heat pump; one overhead door and 2- man doors. North Building - Year Built: 1940's - Size: 3,870+/- SqFt Plus 800+/- Sq ft of Covered Storage This steel framed, metal sided building offers concrete floors, 3 phase power, overhead doors, a 10'x12' office, kitchen area, 1.5 baths, heaters, tall ceilings and more! South Building - Year Built: 1964 - Size: 7,595+/- SqFt Plus Concreted Covered Storage on Each Side This metal sided pole building has an overhead door, sliding door, several man doors, gravel floor, and 22' ceiling height with an open floor plan. Other Information - Parcel #'s: 65-04-29-400-005.003-006 (2.07 Acres); 65-04-29-400-005.004-006 (4.64 Acres) - Legal Descriptions: LOT 1 PHILLIPS EX DIV II 2.07A; LOT 1 PHILLIPS EX DIV II 4.64A - Utilities: Electric, Septic, Well - Approx Annual Taxes: $692.12 & $1,089.28 - Current Zoning: Agriculture Preview: Monday March 16th Noon - 2 PM or Call Auction Terms & Conditions: No Buyer's Premium! Whatever you bid is the final contract price, no buyer premium will be added. Down Payment: A 10% deposit will be required from the successful bidder within 24 hours of the conclusion of the auction. This may be in the form of a personal or business check. Closing: The balance of the purchase price will be due and payable at closing within 60 days after the auction date. Financing: Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, & are capable of paying cash at closing. Evidence Of Title: Purchaser will be guaranteed good clear title. The seller will pay for the search portion of the title commitment. Taxes: The purchaser(s) will assume the taxes starting with the Fall 2026 installments. Possession: Possession will be immediate upon closing, subject to the tenant lease on one building. Mineral Rights: All the mineral rights owned by the seller, if any, will be conveyed to new purchaser(s). Approval Of Bid Prices: The final auction bid is subject to the acceptance or rejection by the seller. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this flyer and all related materials are subject to the terms and conditions outlined in the purchase agreement. 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. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities or easements, assurance of building permits, driveway permits, or water and septic permits. In some instances, additional engineering may be required to be filed with the Area Plan Commission for getting final building site approval. All sketches and dimensions in this brochure and related materials are approximate. 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. Agency: Sohn & Associates, Ltd. and its employees and representatives are agents of the seller. Seller: TWO BIT PROPERTIES, LLC Auctioneer: Trent Sohn #AU19700067, #AC3000226 Auction Id: 2253