St.Clair County IL 55 ac Cropland & Wooded

Buy A Farm Land & Auction Co

 

Date(s) 7/20/2021 - 9/2/2021

Bidding Closes Thursday, September 2, 2021 at 8:00 p.m. CST OnLine Only

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

Bidding is for the property is for the toatal acres, not per acre. Bid increments of $1000.00

Auction Notice:

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

Auction Information
Name St.Clair County IL 55 ac Cropland & Wooded
Auctioneer
Type Online-Only Auction
Date(s) 7/20/2021 - 9/2/2021
Auction Date/Time Info
Bidding Closes Thursday, September 2, 2021 at 8:00 p.m. CST OnLine Only
Preview Date/Time Property Inspection: By Appointment Call Auctioneer/Broker Wayne Keller at 618-407-1679 Property Address: 4200 Lone Star Road, Freeburg IL
Checkout Date/Time 9/3/21 by 8:00 PM CST
Location
Buyer Premium No Buyer's Premium
Description
55.7 acre mix of cropland and wooded 6+- miles SE of Freeburg IL or 4.7 miles West of Fayetteville IL on Lone Star Road. 21.4+- acres of cropland with a PI of 108.9. River bottom woods subject to ocassional flooding, cropland and proximity to the Kaskaskia River, one mile to the South, make for excellent whitetail hunting. Short Legal: Part of Section 12, Township 2 South - Range 7 West, St. Clair County Illinois. Taxes: $525.48 (2019 payable 2020). Parcel ID# 18-12.0-300-006. Property Address: 4200 Lone Star Road, Freeburg IL
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. NO BUYERS PREMIUM! Sale is subject to the confirmation of the Sellers. PROCEDURE: Property is offered as a whole, no divisions. Bidding will be by total dollar. $1000 minimum bid increments. SURVEY: No survey will be provided. Acreage based on last available Tax Bill. MINERAL: Any mineral owned will transfer, if any. 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, if any. 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. Seller will retain 2021 crop income. POSSESSION: Possession will be given at closing subject to the 2021 crop share lease. Seller will retain the 2021 crop income. 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: Wayne Keller, IL Lic #441.002475
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.