Live Webcast Auction
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Lot Was Passed
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Date(s)
3/8/2023 - 3/31/2023
Bidding Notice:

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Information
Lot # 3
Quantity x6
Group - Category Real Estate - Ag / Farm Land
Lead Tract 3, 6 +/- Acres
Description
6+/- acres of farmland with building site and timber
Name Jess Land Auction Ava, IL
Auctioneer
Type Live Webcast Auction
Date(s) 3/8/2023 - 3/31/2023
Auction Date/Time Info
March 31st, 2023 / 10:00 AM
Location
Buyer Premium N/A
Description
55 +/- acres of farmland offered at public auction on March 31st, 2023 at 10AM. This farm will be offered in 4 tract OR as a combination of tracts 1-4. Tract 1 being 9+/- acres, tract 2 being 7+/- acres, tract 3 being 6+/- acres, tract 4 being 28.61 acres, and tract 5 being 4.39 acres. Tracts 1-4 total 50.61 +/- acres Several of these parcels have excellent building sites, you will also find timber with great trails for ideal deer hunting and outdoor adventures. There is an easement on the south side of the property for several of the parcels. Live auction will be held March 31st, 2023 at 10:00 AM at the Campbell Hill Community Center located at - 213 Dean St. Campbell Hill IL, 62916. Subject to sellers final approval.
THERE IS ONE PERCENT BUYER'S PREMIUM AT THIS ONLINE AUCTION! THERE WILL BE NO BUYERS PREMIUM IF YOU ATTEND THE ACTION LIVE IN PERSON MARCH 31ST, 2023 AT 10:00 AM CST PROCEDURE: This farm will be offered in 4 tracts OR as a combination of tracts 1-4. Tract 1 being 9 +/- acres, tract 2 being 7+/- acres, tract 3 being 6 +/- acres, tract 4 being 32.23 +/- acres, and tract 5 being 4.39+/- acres. Tracts 1-4 are a total of 50.61 +/- Acres. Subject to final survey. ACCEPTANCE OF BID PRICES: Successful bidders will sign a Contract for Sale of Real Estate immediately following the auction. Contract price shall equal the high bid price per choice tract. This auction is subjet to sellers final approval. DOWN PAYMENT: 10% down payment (non refundable) on the day of the auction. THIS AUCTION IS NOT CONTINGENT UPON FINANCING. CLOSING: Closing shall be on or before April 30th, 2023 POSSESSION/ TENANT RIGHTS: Seller shall deliver possession of the real estate at closing. SURVEY: Seller will provide survey if tracts 1-4 are purchased individually. All color drawings are an estimate of property lines. TAXES: 1. Seller shall pay all actual 2022 Real Estate Taxes and assessments payable in 2023 prior to or at the time of closing. 2. Seller shall pay all estimated 2023 Real Estate Taxes and assessments payable in 2024, based upon the most current tax information available, as a credit to the Buyer agains the purchase price at closing. Which shall release Seller from any further liability in connection therewith. 3. With such credit, buyer shall pay all 2023 Real estate Taxes and assessments payable in 2024, and all years thereafter. 4. Seller shall pay when due the Transfer Tax imposed by State and County Law. 5. TOGETHER WITH AND SUBJECT TO A NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS FROM AN EXISTING LANE FROM BLUE GRASS LANE TO THE SUBJECT PARCELS. TO SERVE PURCHASER AND ADJOINING PROPERTY OWNERS. SUCH EASEMENT SHALL RUN WITH THE LAND. EASMENT DOCUMENTATION WILL BE PROVIDED TO THE PURCHASER(S) TO BE SIGNED AT CLOSING. CONVEYANCE: Seller shall deliver at closing a recordable general Warranty Deed and Trustee‘s Deed with release of homestead, and two (2) Real Estate Transfer Declarations, sufficient to convey the premises in fee simpleabsolute to Buyer, subject to covenants, conditions, restrictions and easements apparent or of record, all applicable zoning laws and ordinances, and general real estate taxes. MINERAL RIGHTS: Sale of the property shall include any mineral rights, if any owned, by Seller. Legal description specifically excludes mineral rights. If the buyer wishes a searchor commitment on such mineral rights, all costs shall be borne by Buyer. DISCLAIMER AND ABSENCE OF WARRANTIES: THIS PROPERTY IS BEING SOLD ON AN “AS IS, WHERE IS” BASIS, and no warranty or representation, either express or implied, concerning the property is made by either the seller or the auction company. Each bidder is responsible for conducting his own independent inspections, investigations, and all due diligence concerning the property, improvements, and the auction. Information contained in the brochure is subject to verification by all parties relying on it. Diagrams and dimensions in the brochure are approximate. All information contained in the brochure and any related materials are subject to the terms and conditions of sale outlined in the Agreement for Sale of Real Estate. Auction conduct and bidding increments are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AGENCY DISCLOSURE: In this auction, the auction company, staff, and auctioneer are seller's agents and have a fiduciary duty only to the seller.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 200,000.00 100.00 USD
200,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium N/A
Payment Terms
There is a 10% deposit due on day of the auction with the balance due at closing on or before Oct 15, 2022
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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.