Lot # : 1 - 417 Elm St Sumner, IL

Online Only Auction
417 Elm St Sumner, IL
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High Bid: 0.00 USD
0 Bids
Time Remaining: 22d 10h 12m - Friday 01:17 PM
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Sumner, IL 62466
Date(s)
12/11/2024 - 1/3/2025
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Residential
Lead 417 Elm St Sumner, IL
Description
Online auction of this property ends January 3 at 5 pm. This 960 sqft home, has 2 bedrooms, full bath, eat in kitchen, family room, car port, a barn with stalls, and a pasture area. The lot size of this real estate is appx. 1.8 acres. Being sold "AS IS " for more online auction information, pictures, terms and conditions go to: Prochnowauctions.hibid.com
Name 417 Elm St Sumner, IL
Auctioneer
Prochnow Auctions
Type Online-Only Auction
Date(s) 12/11/2024 - 1/3/2025
Auction Date/Time Info
December 11th at 9am - Jan 3rd at 5pm.
Checkout Date/Time Jan 3rd at 5pm
Location
417 Elm St
Sumner, IL 62466
Buyer Premium 3% buyer’s premium.
Description
Online auction of this property ends January 3 at 5 pm. This 960 sqft home, has 2 bedrooms, full bath, eat in kitchen, family room, car port, a barn with stalls, and a pasture area. The lot size of this real estate is appx. 1.8 acres. Being sold "AS IS " for more online auction information, pictures, terms and conditions go to: Prochnowauctions.hibid.com
Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account , a 3% buyer’s premium will be added to the purchase price. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 3% buyer’s premium.
Payment Terms
The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.
After - Jan 3rd at 5pm