Oak Tree Holding Company 220.4 Land Auction

Schmid Auction & Realty Co.

 

Date(s) 2/14/2021 - 3/9/2021

Auction begins to close Tuesday March 9th 1:00PM

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

Thanks for registering! Farm was limed in 2019. Averaged 54 bushel beans in 2010. The land will close 10 days or less after the auction is completed. Have financing lined up and ready.

Auction Notice:

Prime Effingham County Land. Farming rights @ closing. Farm was limed in 2019. Averaged 54 bushel beans in 2010. The land will close 10 days or less after the auction is completed. Have financing lined up and ready.

Auction Information
Name Oak Tree Holding Company 220.4 Land Auction
Auctioneer
Type Online-Only Auction
Date(s) 2/14/2021 - 3/9/2021
Auction Date/Time Info
Auction begins to close Tuesday March 9th 1:00PM
Preview Date/Time Feel free to inspect property
Checkout Date/Time Auction company will be in touch at the competion of the auciton.
Location
Buyer Premium 0
Description
Online Only Land Auction Auction begins to close Tuesday March 9th 1:00PM 220.4 Acres Effingham County Land Auction Farmland & Hunting Land Seller: Oak Tree Holding Company, LLC Farm was limed in 2019 and averaged 54 bushel soybeans. Directions: Just north of Mason, IL and south of the Watson interstate exchange go west on 400th Ave for 6/10's of a mile. To other tracts continue west of another mile then follow curve to south (turns into 400 Rd.) for a ½ mile. Go right on 950th St (over interstate) for 4/10's of a mile. Then go right on 400th Ave then left on gravel Rd. Tract 1: 76.52 + or - Acres mostly tillable farmland 72 + or - tillable acres, Located in Section 11, Mason Township Effingham County, IL (East 76.52 + or - acres out of property tax ID (PIN) number 07-05-011-007 Property is east south east side of I-57) Tract 2: 117.1 + or - Acres mostly tillable farmland, 94.1 + or - tillable acres, 1 ¼ & 3 ½ acre ponds. Located in Section 11, Mason Township Effingham County, IL (property tax ID (PIN) number 07-05-011-003) Tract 3: Tract 3 - 26.78 + or - acres, 10.78 + or - acres of wooded hunting ground with large trees and 16 + or - tillable land. Incredible Whitetail Deer property and Wild Turkey. Land adjoins Wildcat Hollow State Habitat Area (State of IL). It features 8 acres farm land ideal for food plots. Located section 11, Mason Township Effingham County, IL (West 26.78 + or - acres out of property tax ID (PIN) number 07-05-011-007 Property is north west side of I-57) Tract 4: 220.4 Acres Combination of all 3 Tracts. Tracts 1, 2 and 3. Located in Section 11, Mason Township Effingham County, IL property tax ID (PIN) number 07-05-011-007 and 07-05-011-003 New owners will have farming rights at the closing of the real estate. Whenever there is a bid @ 1pm or after the entire auction will extend for 4 more minutes. Tract 4: Combination of all tracts. If the bid is higher on tractor 4 than individual tracts together the land will sell together. Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing in 10 days of the completion of the auction. Maps, borders, brochure, website and markers in the field are estimates and are simply to be used as guidelines. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale
This auction will be offered by the entire tract or tracts not by the acre THIS IS AN INTERNET ONLY AUCTION: All items sell as is, where is with any and all faults or flaws. Items sell with no warranty stated or implied. No Buyer Premium DYNAMIC CLOSING: The auction will begin closing at Tuesday March 9th 1pm Central time. The closing time will be automatically extended an additional 4 minutes whenever a bid is placed within the last 4 minutes of the lot closing. All tracts will close at the same time. Whenever there is a bid @ 1pm or after, the entire auction will extend for 4 more minutes. Tract 4: Combination of all tracts. If the bid is higher on tractor 4 than individual tracts added together the land will sell together not individually. Land offered by the tract not the acre. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. CATALOG DISCREPANCIES: You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed, always read the item description. The auctioneer reserves the right to add or remove items from the auction. The auctioneer reserves the right to cancel, suspend, extend or reschedule an individual item and or auction event or to make changes to the auction closing times or inspection or removal times. Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schmid Auction reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR SCHMID AUCTION SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Schmid Auction. Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing in 10 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 1.00 USD
100.01 - 1,000.00 10.00 USD
1,000.01 - 10,000.00 25.00 USD
10,000.01 - 100,000.00 100.00 USD
100,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 0
Payment Terms
10% down the day after the auction remainder due at closing in approximately 30 days
none
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.