Online Only Auction
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Date(s)
2/26/2024 - 4/4/2024
AUCTIONEER INFORMATION
Bidding Notice:

This is an Online Only Auction - 129 +/- ACRES OFFERED IN TWO INDIVIDUAL AND SEPARATE TRACTS. Offered by the TRACT and NOT by the ACRE. Offered Subject to Seller's Confirmation. 3 % Buyers Premium applies.


Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead Leech North Sec 6 -40 +/- ACRES-RECREATIONAL FARM
Description
Location Tract 2- Log Cabin Rd (Township Rd) 14.88 FSA Cropland Acres, 46% Bonnie silt loam, 25% Sexton silt loan, 16% Ava silt loam. P.I. 101 Upland wooded recreational farmland with rural scenic building site potential. Abundant wildlife including white tail deer, turkey, and waterfowl. Income producing lowland farming tract. Taxes - 40 Acres- $532.76
Name ONLINE LAND AUCTION -129 ACRES-WAYNE CO. IL - 2 TRACTS
Auctioneer
Type Online-Only Auction
Date(s) 2/26/2024 - 4/4/2024
Auction Date/Time Info
Thursday 2/29/2024 to Thursday 4/4/2024 @ 6 PM (CST) Online Only Auction
Preview Date/Time Online Only Land Auction - Contact Auctioneers Ph. 618-842-7850 email: barnard.auctions@gmail.com
Checkout Date/Time Winning Bidder (s) required to enter into a written purchase contract the next day of online bidding closing or by next business day, as directed by the Seller's Attorney - Jay H. Fyie, Fyie & Rice Law Office LLC, 115 NE Third Street, Fairfield, IL. 62837. Ph. 618-842-2666. A 10% (Ten Percent) down payment to be placed in escrow (without interest) with the balance due on or before 45 days from auction date. A 3% buyer's premium will be added to the bid price to establish a total contract price, plus applicable closing costs. Cash, check or approved payment for the down payment amount is to be placed in escrow upon signing of the written contract to purchase said real estate. The earnest money shall be held by Fyie & Rice Law Office LLC.
Location
Buyer Premium 3% Buyers Premium
Description
ONLINE LAND AUCTION - 129 +/- ACRES - 2 TRACTS OFFERED INDIVIDUALLY & SEPARATELY WAYNE COUNTY, IL FARMLAND & RECREATIONAL FARMLAND WITH 2024 FARMING PRIVILEGES - BID NOW-BIDDING CLOSES -THURSDAY, APRIL 4, 2024 @ 6 PM LOCATION: Wayne County, IL - Approx 6 Mi NE of Fairfield IL 62837; 5.5 Mi East of downtown Fairfield, then 1 Mi North of Hwy 15 on Co Rd 2400E. Signage Posted TRACT # 1 - 89 +/- FARMLAND ACRES - LOCATION: 2378 Co Rd 925 N - Fairfield, IL 62837 Former "Gregory" Centennial Farm -Part of the NE Quarter, Section 1, Grover Township, Wayne County, 81.99 Cropland Acres, 44% Belknap silt loam, 20% Zanesville silt loam, 10% Banlic silt loam. Soils P.I. 102.6 . Income producing approx. 92% cropland. All weather road-easy access Taxes 89.7 Acres - Grover Township $1627.36 TRACT # 2 - 40 +/- RECREATIONAL FARMLAND ACRES- Leech Township North - SEC 6 - LOG CABIN RD (Township Rd) - Fairfield IL 62837. LOCATION: Wayne County, IL - Approx 6 Mi NE of Fairfield IL 62837; 5.5 Mi East of downtown Fairfield, then 3/4 Mi North of Hwy 15 on Co Rd 2400E. then East on Log Cabin Rd, (Township Rd) to property. Signage Posted 14.88 Acres FSA cropland, 46% Bonnie silt loam, 25% Sexton silt loan 16% Ava silt loam, P.I. 101. Upland wooded recreational famland with rural scenic building site potential. Abundant wildlife including white tail deer, turkey, and waterflow. Secluded rural site. Income producing lowland farming tract. Taxes - 40 Acres - Leech Township - $532.76 No improvements, no structures, Fairfield School District 112 -Fairfield 225 Community High School. Tracts offered individually and separately-by the tract-and NOT by the acre. ONLINE ONLY LAND AUCTION - 3 % BUYERS PREMIUM. Real Estate Offered Subject to Seller's Confirmation BID NOW! AUCTION CLOSES THURDAY, APRIL 4th @ 6 PM (CST) Seller: Fairfield National Bank as Trustee of the Joshua and Jonathan Lynn Trusts BARNARD AUCTIONS - Since 1969 barnardauctions.com PH. 618-842-7850
REGISTRATION TERMS: Online Bidder registration required. Barnard Auctions does not register bidders. We utilize a professional rented online bidding platform and do not control registrations. Everything SOLD AS-IS, WHERE-IS, with no warranty or guarantee expressed or implied. This is an Online Only Auction- All Bidders registering for this auction are required to be approved by Barnard Auctions before any bids can be placed- in order to prevent an unqualified Bidder from placing bids (Example: an underage person, or a person with a fraudulent bidding account). If a bidder is an existing customer, and known by the auctioneer, they will be quickly approved after online registration. All Bidders must provide name, physical mailing address, email address, telephone numbers, and credit card information for further verification. PAYMENT TERMS: Winning Bidder required to enter into a written purchase contract the next day of online bidding closing or by next business day, as directed by the Seller's Attorney - Fyie & Rice Law Office LLC, 115 NE Third Street, Fairfield, IL. 62837. Ph. 618-842-2666. A 10% (Ten Percent) down payment to be placed in escrow (without interest) with the balance due on or before 45 days from auction date. A 3% buyer's premium will be added to the bid price to establish a total contract price, plus applicable closing costs. Cash, check or approved payment for the down payment amount is to be placed in escrow upon signing of the written contact to purchase said real estate. The earnest money shall be held by Fyie & Rice Law Office LLC. BUYER'S PREMIUM: A 3% buyer's premium will be added to the purchase. Example: If you bid $100,000.00, you will be charged $103,000.00 in the purchase contract. All tracts must sell through the auction on-line process, no presales. There will not be live/in-person bidding. You may place an absentee bid, please call 1-800-840-SOLD (7653) to make arrangements. Absentee bid (s) must be presented 24 hours before closing of auction. Everything SOLD AS-IS, WHERE-IS, with no warranty or guarantee expressed or implied. Announcements made date of auction take precedence over all previous advertisements. Real Estate Offered Subject to Seller's Confirmation. Motivated Sellers! High bidder (s) will receive an email invoice confirmation and phone call upon auction closing. Seller: Fairfield National Bank as Trustee of the Joshua & Jonathan Lynn Trust POSSESSION AT CLOSING: Real Estate Taxes: Real Estate Taxes pro-rated at date of closing. Seller at closing will convey good and marketable title. Buyer and Seller responsible for customary closing costs issued by the title company. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, or any other online auction related technologies, Barnard Auctions reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Barnard Auctions shall be held responsible for a missed bid or the failure of the software to function properlty for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Barnard Auctions. The Auctioneer reserves the right to cancel, suspend, extend, or reschedule an individual item and or auction event or make changes to the auction closing times or inspection or removal times. Each Potential bidder is responsible for conducting his or her own independent inspection, & inquiries. All information is presented in good faith but the auctioneer or seller does not warrant or present that the information provided is complete or accurate. All inspections, due diligence, and determinations are the sole responsibility for the buyers. This property is offered at auction with No buyer contingencies. There are No contingencies to the this auction (i.e., financing, apprasial, or inspection). Therefore you should be pre-qualified by a lender prior to bidding if you require financing. This property is being offered for cash AS-IS, WHERE-IS, with a closing deadline.
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 3% Buyers Premium
Payment Terms
Winning Bidder (s) required to enter into a written purchase contract the next day of online bidding closing or by next business day, as directed by the Seller's Attorney - Jay H. Fyie, Fyie & Rice Law Office LLC, 115 NE Third Street, Fairfield, IL. 62837. Ph. 618-842-2666. A 10% (Ten Percent) down payment to be placed in escrow (without interest) with the balance due on or before 45 days from auction date. A 3% buyer's premium will be added to the bid price to establish a total contract price, plus applicable closing costs. Cash, check or approved payment for the down payment amount is to be placed in escrow upon signing of the written contact to purchase said real estate. The earnest money shall be held by Fyie & Rice Law Office, LLC
Not applicable
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.