"SOLD" PRIOR TO AUCTION

HWY 57N in SOMERVILLE, IN

· 1.3+/- ACRE LOT w/ 24’x18’ BUILDING

· 2 GREENHOUSE FRAMES & ACCESSORIES

· 2 BEDROOM – 2 BATH MOBILE HOME

OFFERED SEPARATELY & IN COMBINATIONS

PROPERTY WILL BE SOLD AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER REGARDLESS OF PRICE!

Property & Auction Location: The auction will be conducted on-site at the property located on the west side of Hwy 57N just 2.5 miles south of the 64 Junction in Oakland City and 2.5 miles north of 168.

This property has been home to many well-known businesses including 2 Sisters and Home Grown Greenhouses. It is conveniently located to Evansville and Oakland City on the highly traveled Hwy 57 North.

TRACT #1: Will consist of the 1.308+/- acre lot improved with a 24’ x 18’ building with a walk-up loft. This lot is serviced by Cinergy electric, Vectren gas, Gibson County water, and a private septic system.

TRACT #2: Will consist of an older model mobile home with 2 bedrooms and 2 full baths. There is a total of 938 sq ft of living space. The home also features newer windows, central air that is approximately 4 years old, and 6” insulated walls.

 TRACT #3: Will consist of a greenhouse frame measuring approximately 32’ x 74’. Accessories included in this lot are the greenhouse furnace and fans, as well as numerous plant stands and containers.

TRACT #4: Will consist of a greenhouse frame measuring approximately 21’ x 74’. Accessories included in this lot are the greenhouse furnace and fans, as well as numerous plant stands and containers.

Other miscellaneous items that will be sold include several sections of picket fence, glass sliding doors, boiler heating system and a hanging gas heater.

AUCTION NOTE: Whether you are looking for the perfect site to start a business, or whether you are looking for a mobile home or greenhouses to relocate, please plan on attending this ABSOLUTE auction. Each tract will be offered individually and in combinations utilizing our Select Tract Auction Method. If you have any questions, please call or plan on visiting us at the public showing.

 Terms: A 10% deposit will be required from all winning bidders at the time of the auction. The balance will be due and payable within 30 days. Possession of all property will be at closing or final payment in full. The purchaser of Tract #1 will assume the real estate taxes starting with the Fall 2008 installment. Property is selling at Absolute Auction to the highest bidder. Purchaser is buying all property on an “as is” basis.

 Seller: Edgar & Bonnie Baumgartner