ONLINE ONLY REAL ESTATE AUCTION: Union County IL 112+- Acres Selling in 1 Tract (2403LA)

ONLINE AUCTION: Union County IL 112+- Acres

Online Auction: Bidding closes Friday, May 8, 2020 at 8:00 p.m. CST.

Property Inspection: By Appointment Only

Property Address: 780 Mt. Hebron Road, Makanda IL

Description

The view is simply amazing; you must see to appreciate it fully. Pole barn with 3 overhead doors. Several drainage areas with rock bottoms and rock outcropping areas at several locations. 60 x 40 pole barn with enclosed bathroom and utility and unfinished living quarters. Lots of deer sign. Would be a natural place for food plots with its nooks of pasture offering security and wind protection for wildlife or livestock. 11 x 51 and 11 x 31 wraparound porch. 2-acre lake plus 4 ponds. 65 pasture/hayland acres, remaining acres wooded.

Property Details

• Parcel #01-14-00-120
• Taxes: $1,196.56
• Section 14, T11S-R1E
• Whitetail, turkey and waterfowl hunting
• Building site
• 65 acres in pasture
• 2-acre lake
• 4 ponds
• Rural water (Lick Creek Water District)

Auction Terms and Conditions

Online Only Auction: Bidding opens Monday, March 9, and closes Friday, May 8, 2020 at 8:00 p.m. CST

Preview Date/Time: By Appointment Only

Contract and Down Payment: Sale of all real estate is subject to the confirmation of the Sellers.  Contract for purchase to be signed no later than 5:00 p.m. CDT on Saturday, May 9, 2020. 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 wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.  This is a cash sale auction. Be sure to have financing arranged in advance.      

Procedure: Selling as one tract. Bidding IS ON A PER ACRE BASIS. WE WILL TAKE THE FINAL BID X ACRES OF PARCEL.

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

Real Estate Taxes: Taxes will be prorated to closing date.

Acceptance of Bid Prices: Successful bidders will sign an Agreement to Purchase immediately following the close of bidding. Sale of all real estate is subject to the confirmation of the Seller(s).

Short Legal: Section 14, T11S-R1E

Survey: No survey to be conducted.

Mineral: Any mineral owned will transfer, if any.

Title: Seller shall furnish the Buyer(s) at Seller's expense a proper deed conveying merchantable title to the real estate to the Buyer(s).

Closing: Closing shall occur on or before 30 days or as soon thereafter as applicable closing documents are completed.

Possession: Possession will be at closing.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained herein and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statement made. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires and due diligence concerning the property. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Buy A Farm Land and Auction Company and their agents work for the Seller. 

Auctioneers: Don Bailey, IL Lic 441.002325 and Mark Kennedy, IL Lic 440000202.