ONLINE LAND AUCTION: Williamson and Saline County IL 183.56+- Acres / 5 Tracts (2692A)

Williamson & Saline County| ONLINE CLOSES: Thur, May 20 | 5 Tracts | 183.56 Acres| Corinth IL

Sold

ONLINE AUCTION: Williamson and Saline County IL 183.56+- Acres - 5 Tracts

TRACTS 1 AND 2 SOLD!

Bidding Closes Thursday, May 20, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Don Bailey at 618-919-1031

Property Address: East of Corinth IL with Frontage on Somers Church Road and Banklick Road.

Bidding Per Tract - Not Per Acre - In $1,000 Bid Increments

DESCRIPTION

Family Farm has been in same family for many years. Offering in 5 tracts ranging from 20 to 61 acres. Well-maintained farmland.

TRACT 1 - 61+/- ACRES

  • Part of Section 24, T8S-R4E, Corinth Twp, Williamson County.
  • Approximately 43.33 acres cropland and 17.67 acres timberland.
  • Tract lays rolling to gently rolling.
  • Access via an easement across tract 2 from Somers Church Road.
  • Taxes $415.46. Parcel ID 04 24 100 004 & 04 24 100 005.
  • Well-maintained farmland. Drains well. South side of tract has large trees with a rock bottom creek.
  • Access to Tract 1 will be via a 30-ft wide easement along the south side of Tract 2 to Somers Church Road.

TRACT 2 - 29.56+/- ACRES

  • Part of Section 24, T8S-R4E, Corinth Twp, Williamson County.
  • Approximately 28.7 acres cropland.
  • Frontage on Somers Church Road.
  • Taxes $233.00. Parcel ID 04 24 200 023.
  • Well-maintained farmland.
  • Tract 2 will have a 30-ft wide ingress egress easement to Tract 1 along the south border from Somers Church Road.

TRACT 3 - 38+/- ACRES

  • Part of Section 13, T8S-R4E, Corinth Twp, Williamson County.
  • Approximately 36.72 acres cropland.
  • Lays flat with drainage to the south.
  • Frontage on Somers Church Road.
  • Taxes $291.62. Parcel ID 04 13 400 004.
  • Well-maintained farmland.

TRACT 4 - 20+/- ACRES

  • Part of Section 18, T8S-R5E, Galatia Twp, Saline County.
  • Approximately 17.95 acres cropland.
  • Lays flat with drainage to the east.
  • Frontage on Banklick Road.
  • Taxes $284.54. Parcel ID 05 1 080 06.
  • Well-maintained farmland.

TRACT 5 - 35+/- ACRES

  • Part of Section 19, T8S-R5E, Brushy Twp, Williamson County.
  • Approximately 33.62 acres cropland.
  • Lays flat; drains to the south.
  • Access from Banklick Road.
  • Taxes $550.88. Parcel ID 01 1 002 04 & 01 1 002 03.
  • Well-maintained farm.

Bidding Per Tract - Not Per Acre - In $1,000 Bid Increments

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

Bidding Per Tract - Not Per Acre - In $1,000 Bid Increments

PROCEDURE: Property is offered as 5 tracts.

SHORT LEGAL:

  • Tract 1, 2 and 3: Part of Section 24, T8S-R4E, Corinth Twp, Williamson County.
  • Tract 4: Part of Section 18, T8S-R5E, Galatia Twp, Saline County.
  • Tract 5: Part of Section 19, T8S-R5E, Brushy Twp, Williamson County.

REAL ESTATE TAXES AND TAX ID: Taxes pro-rated to closing date.

  • Tract 1: Taxes $415.46. Parcel ID 04 24 100 004 & 04 24 100 005.
  • Tract 2: Taxes $233.00. Parcel ID 04 24 200 023.
  • Tract 3: Taxes $291.62. Parcel ID 04 13 400 004.
  • Tract 4: Taxes $284.54. Parcel ID 05 1 080 06.
  • Tract 5: Taxes $550.88. Parcel ID 01 1 002 04 & 01 1 002 03.

SURVEY: No survey.

MINERAL: Any mineral owned will transfer.

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. 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 farm rental agreement for 2021.

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: Donald Bailey, IL Lic #441.002325

Property Map

Somers Church Road and Banklick Road, Corinth, IL