Alexander Co IL 40
Online Only Auction
Alexander Co IL 40

Buy A Farm Land & Auction Co

Miller City Road, Access via recorded 25-foot easement to the property.
Miller City, IL 62962
 

Date(s) 9/21/2020 - 10/29/2020

On-Line Only auction closes October 29th 2020 at 8:00 PM CST

Past Auction
Online-Only Auction
Catalog
View Catalog (1 Lots)
Bidding Notice:

Managing Broker / Auctioneer Real Estate Broker Licensed in Illinois / Auctioneer Licensed in IL, IN & MO 618-924-1747 markkennedy@buyafarm.com Mark Kennedy, Auctioneer, IL Lic #440000202

Auction Information
Name Alexander Co IL 40
Auctioneer
Buy A Farm Land & Auction Co
Type Online-Only Auction
Date(s) 9/21/2020 - 10/29/2020
Auction Date/Time Info
On-Line Only auction closes October 29th 2020 at 8:00 PM CST
Preview Date/Time Contact Auctioneer Mark Kennedy at 618-924-1747 or markkennedy@buyafarm.com
Checkout Date/Time October 30th 2020 by 5:00 PM
Location
Miller City Road, Access via recorded 25-foot easement to the property.
Miller City, IL 62962
Buyer Premium No Buyer's Premium
Description
Fantastic deer and waterfowl hunting located in Southern Illinois near Horseshoe Lake. The property is 40 acres, 30 acres of which is in the WRP program, and the balance is wooded and not in any type of program. The 30 acres of WRP has a pit and a blind on it. The pit is a 5-man tank with concrete floor and an outside underground compartment capable of housing a 100-gallon propane bottle or a small generator in case you need to run an ice eater. The blind is nice sized and 6 guys can easily shoot out of it. The flooded area is 12 acres of water with 7 to 8 acres of corn planted in it. The property is also improved with a 17” well and the current owner rents a centrifugal pump to flood the area. The cost is roughly $1,000 a year and takes about 3 days to pump full. A local farmer has kept the levees mowed and has planted the crops for the owners. The property butts up to the south end of Horseshoe Lake Conservation Area and is under a mile from the lake itself. This property adjoins around 1,000 acres of timber and sloughs that come duck season becomes a refugee for the deer. Access is a recorded 25-foot easement to the property, and the owner reports having great like-minded neighbors make the entire are better for all. Come take a peek; there are not many quality hunting 40’s for both waterfowl and whitetail but here is one of them!
No Buyer's Premium YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Sale is subject to the confirmation of the Sellers Procedure: Property is offered as 1 tract, no divisions. SHORT LEGAL: SW 1/4, NW 1/4 Section 18, T16S-R2W TAX ID 08-02-28-090-008 Taxes: $100. Pro-rated to closing date. SURVEY: Survey will be provided. MINERAL: Any mineral owned will transfer, if any. None believed to be owned. 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 tile 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 the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and 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. 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.Mark Kennedy, Auctioneer IL Lic #440.000202
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
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.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.