Clay County 405.31 Acres - Feb. 27, 2025 (Buening Auction)
Live Webcast Auction
Clay County 405.31 Acres - Feb. 27, 2025 (Buening Auction)

Carson Auction & Realty Co.

Thelma Keller Convention Center 1202 N Keller Dr
Effingham, IL 62401

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Date(s) 2/1/2025 - 2/27/2025

Online auction will begin Feb. 1, 2025 and will run until the live auction. The live auction will begin Thurs., Feb. 27 at 10am at the Thelma Keller Convention Center in Effingham, IL. Online bidders will be allowed to participate and bid simultaneously wilth bidders at the live auction.

Past Auction
Local Pickup Only
Catalog
View Catalog (8 Lots)

Bidding Notice:

ALL BIDDING IS BY THE ACRE TIMES NUMBER OF ACRES IN EACH TRACT

Auction Information
Name Clay County 405.31 Acres - Feb. 27, 2025 (Buening Auction)
Auctioneer
Carson Auction & Realty Co.
Type Live Webcast Auction
Date(s) 2/1/2025 - 2/27/2025
Auction Date/Time Info
Online auction will begin Feb. 1, 2025 and will run until the live auction. The live auction will begin Thurs., Feb. 27 at 10am at the Thelma Keller Convention Center in Effingham, IL. Online bidders will be allowed to participate and bid simultaneously wilth bidders at the live auction.
Preview Date/Time The property is available to view any time before the auction.
Checkout Date/Time Successful bidders are required to place down 15% of their purchase price the day of the sale. This 15% is non refundable.
Location
Thelma Keller Convention Center 1202 N Keller Dr
Effingham, IL 62401
Buyer Premium No Buyers Premium
Description
405 ACRES – LAND AUCTION THURSDAY, FEBRUARY 27, 2025 – CLAY & WAYNE COUNTY, IL PRODUCTIVE FARMLAND, RECREATIONAL LAND, WOODED TRACTS, & HOME SITES TRACTS RANGING IN SIZE FROM 11 ACRES TO 100 ACRES All tracts have open farming rights for the 2025 farming season. Bidding Process: Online bidding will begin Feb. 1 and will run until the live auction on Thurs., Feb. 27 at 10am. Once the live auction begins both live and online bidders will be allowed to bid simultaniously. The live auction will consist of three rounds of bidding. All Tracts will be offered individually with no combination. The high bidders on each tract at the end of Round 3 of bidding will be the winning bidders once the sellers have removed their right of rejection and it is a live sale. Bidding will be by the acre times number of acres in each tract.
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before March 27, 2025. Sellers guarantee good and merchantable title. Real estate taxes will be pro-rated to the date of closing 2023 real estate taxes were: Tract 1 $597.64; Tract 2 $639.42; Tract 3 $691.86; Tract 4 $875.66; Tract 5 $202.94; Tract 6 $805.12; Tract 7 $430.64; Tract 8 $746.24. Sellers retain no mineral rights or mineral production; however, subject to any prior reservations. Possession will be at closing. All farmland has open farming rights for the 2025 farming year. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. Sellers have the right to reject any and/or all bids. No Buyers Premium
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
15% of the purchase price is due the day of the sale. If you are local the auctioneer will make arrangements to collect your earnest money check. If you are located out of the area you will be required to wire the 15% to the auction company the day of the sale.
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