Online Only Auction
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High Bid: 11,250.00 USD
23 Bids
Time Remaining: 9d 8h 17m - Wednesday 02:55 PM
Soft Close
Local Pickup Only
Date(s)
3/16/2025 - 4/30/2025
Auctioneer Information

Bidding Notice:

This is an Online Only Auction. A 3 % Buyers Premium will apply to your purchase. Real Estate - offered in two separate individual lots.


Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead 3.52 Surveyed Acres directly North of residence.
Description
LOT # 2 - Currently Productive Farm Tract located just North of residence. Bluford Silt LoamSoil, Weighted Ave corn 136, soybeans 44, wheat 55. Crop Production Index 101. 3.52 Surveyed Acres. 2025 Farmling Privileges. Offered by Lot/Tracts not by the acre. Currently used as farmland. Offered Separately and Individually.
Name REAL ESTATE-MARLENE WOOD LIVING ESTATE
Auctioneer
Type Online Only Auction
Date(s) 3/16/2025 - 4/30/2025
Auction Date/Time Info
Online Only Auction Bid Now - Wednesday March 19th to Closing Wednesday April 30th @ 6 PM (CST)
Preview Date/Time Preview/Open House - Sat. March 29th 9 AM to 12 Noon Sunday March 30th 1 - 3 PM Saturday - April 12th 9 AM to 12 Noon or by appointment
Checkout Date/Time Friday May 2nd, 2025 - will meet at the Law Office of David Harrison - Attorney ,118 E Main Street - Fairfield IL 62837. 618-842-3781. Will enter into a purchase agreement, with 10% down payment of earnest money to be held by the attorney's office. 30-45 days to close. Possession at closing.. This Real Estate is Offered Subject to Sellers' Confirmation.
Location
Buyer Premium 3% Buyers Premium
Description
This is An Online Only Auction. A 3 % Buyers Premium will apply to your purchase. This Real Estate Online Auction will be offered in two surveyed individual and separate lots. LOT # 1 - Residence located at 402 W Section Line Rd - Wayne City, IL 62895 Consists of well - maintained 3 bedroom, 1 bath, residence with attached breezeway & shop, plus detached one car garage w/ remote garage door opener - concrete floor, with additional sm outbuilding. Blacktop drive. Updated windows, central air & heat, ceiling fans, cedar lined clothes closets. Kitchen gas stove/range and gas clothes dryer are included. Lot size .40 acre. 91.61 ft of frontage to West Section Line Rd. Depth 189 ft. LOT # 2 - Currently Productive Farm Tract located just North of residence. Bluford Silt Loam Soil, Weighted Ave corn 136, soybeans 44, wheat 55. Crop Production Index 101. 3.52 Surveyed Acres. 2025 Farmling Privileges. Offered by Lot/Tracts not by the acre. Current taxes both lots- $186.78. Wayne City Grade School & High School District. Offered Subject to Seller's Confirmation. Marlene Wood who has resided in this home for over 60 years, due to health reasons now resides in an assisted living residence.
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. 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 Offered 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). All Bidders must provide name, physical mailing address, email address, telephone numbers, with CC confirmation. Online Bidder registration required. All items 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. This Auction has an Extended Bidding or "Soft Close" feature. The auction begins closing at 6 PM (CST) . The first item will begin to close, and an item will close every 60 seconds after. When a bid is submitted during the Final Seconds of the Auction for a Lot, the Bidding for that Lot will be Extended for an Additional Two Minutes. This will continue until there are no longer any bids Submitted for that Individual Lot. PAYMENT TERMS: Successful Bidder required to enter into a written purchase contract on Friday, May 2nd, 2025 after the online bidding closing, or as directed by the Seller's Attorney - David Harrison, Attorney at Law, 118 E Main Street, Fairfield, IL 62837. Ph. 618-842-3781. 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. 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 or directed by Attorney, David Harrison. Property will be sold AS-IS, WHERE-IS with all faults, imperfections, attributes & error of description. All information is presented in good faith, and 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 of the buyer. The property is offered with no buyer contingencies. There are no contingencies to this sale (i.e., financing, appraisal, repairs, 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. The auctioneer represents the Seller, and reserves the right to cancel, suspend, extend or reschedule an auction event or to make changes to the closing time in event of any unforeseen technical or legal problems. Motivated Seller! Well Maintained 3 bedroom residence, plus 3.52 Acres of currently farmland acres - offered in two lots! Each Lot or Tract is offered Individually, separately. Real Estate Offered Subject to Seller's Confirmation. High Bidder will receive phone call, and email once the bidding for Real Estate has Closed.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,999.99 250.00 USD
50,000.00 - 99,999.99 500.00 USD
100,000.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 3% Buyers Premium
Payment Terms
Friday May 2nd, 2025 - Successful Bidder to meet at the Law Office of David Harrison - Attorney, 118 E Main Street, Fairfield IL 62837. 618-842-3781. Successful Bidder to enter into a purchase agreement, with 10% down payment of earnest money to be held or directed by the attorney's office. 30-45 days to close. Possession at closing.. This Real Estate is Offered Subject to Sellers' Confirmation.
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