ONLINE LAND AUCTION: St. Clair County IL 55.7+- Acres / 1 Tract (2647A)

St. Clair County| ONLINE: CLOSES Thur, Jan 28 | 1 Tract | 55.7 Acres| Freeburg IL

Off Market

ONLINE AUCTION: St. Clair County IL 55.7+- Acres - 1 Tract

Bidding Closes Thursday, January 28, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: 4200 Lone Star Road, Freeburg IL

DESCRIPTION

55.7 acre mix of cropland and wooded 6+- miles SE of Freeburg IL or 4.7 miles West of Fayetteville IL on Lone Star Road.  21.4+- acres of cropland with a PI of 108.9.  River bottom woods, cropland and proximity to the Kaskaskia River, one mile to the South, make for excellent whitetail hunting.

Short Legal: Part of Section 12, Township 2 South - Range 7 West, St. Clair County Illinois.
Taxes: $525.48 (2019 payable 2020). Parcel ID# 18-12.0-300-006.
Shown By Appointment

TERMS AND CONDITIONS

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

NO BUYERS PREMIUM!

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

PROCEDURE: Property is offered as a whole, no divisions. Bidding will be by total dollar. $1000 minimum bid increments.

SURVEY:  No survey will be provided. Acreage based on last available Tax Bill.

MINERAL: Any mineral owned will transfer, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage, if any. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing subject to the 2021 Crop Share lease.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Wayne Keller, IL Lic #441.002475

Property Map

4200 Lone Star Road, Freeburg, IL