Online Only Auction
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Price Realized Not Uploaded
Local Pickup Only
Date(s)
4/4/2025 - 5/11/2025
Auctioneer Information

Bidding Notice:

Real Estate is sold "AS IS, WHERE IS" with no guarantees or warranties expressed, written or implied. Potential buyers may do inspections at their expense. Real Estate requires $5000.00 down certified funds (non-refundable) plius 2% buyers premium within 24 hrs of the close of this auction to Seven Oaks Realty located at 989 E. Beaumont Ave Greenville, IL 62246. Buyer will enter into a ... Show More


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 3 Bed 2 Bath Home on 8 Plus acres w/outbuildings
Description
This 3 bed 2 bath very nice home sits on 8.02 acres. There is a lofted work shop located north of the home. Plenty of wildlife on the property to watch as you set on the large back deck. close to the end of the lane there is a 24x32 post frame building for storage. Taxes for 2023 were $3,036.00 with exemptions. Open house is scheduled for Apr 28th from 4-6:00PM on location at 427 Newport Rd Smihboro, IL . Property is located in the Mulberry Grove school District.
Name May Real Estate
Auctioneer
Type Online Only Auction
Date(s) 4/4/2025 - 5/11/2025
Auction Date/Time Info
bidding opens Apr 4th at 7:00 PM Closing with soft close starting at 7:00 PM May 11th
Preview Date/Time Apr 28th 4-6PM on location at 1427 Newport Rd Smithboro, IL 62284
Checkout Date/Time Upon notification that the winning bid has been accepted by sellers
Location
Buyer Premium 2% added to final bid
Description
This 3 bed 2 bath very nice home sits on 8.02 acres. There is a lofted work shop located north of the home. Plenty of wildlife on the property to watch as you set on the large back deck. close to the end of the lane there is a 24x32 post frame building for storage. Taxes for 2023 were $3,036.00 with exemptions. Open house is scheduled for Apr 28th from 4-6:00PM on location at 1427 Newport Rd Smihboro, IL . Property is located in the Mulberry Grove school District.
2% buyer's Premium added to the final bid " Real Estate sold "as is, where is," with no warranties or guarantees written, expressed, or implied. " Earnest money of $5000 down per acceptance by sellers and is non-refundable for any reason. Balance due and possession given at closing Approx. 30-45 Days. " Buyer's Premium 2% Online paid separately from earnest money at contract signing. " This sale is not contingent on financing, so please have your financing in order. Perspective buyer can have inspections done at their expense, however, as stated earlier, the property is sold "as is, where is." Sellers have the right to refuse any and all bids. " Buyers will be responsible for any occupancy permits, inspections, or appraisals, should they be needed. The sale of this property will not be contingent on inspections, financing or appraisals. " Real Estate taxes for 2024 and 2025 taxes, will be pro-rated from Jan. 1, 2024 up to closing date. These will be given give to buyer at closing, therefore 2024 taxes payable in 2025 and 2025 taxes payable in 2026 will then be the buyers responsibility. " Buyer will enter into a Real Estate Purchase Agreement immediately following the auction with Seven Oaks Realty, LLC Greenville, IL. " Earnest monies will be deposited with the title company in Greenville, IL within the next business day. " Seller will furnish title commitment title policy in the amount of the purchase price to the buyer. " Buyer and Seller will share closing cost. If lender policy is required, it will be the responsibility of the buyer Real Estate is sold 'AS IS, WHERE IS" with no guarantees or warranties, expressed, written or implied. Potential buyers may do inspections at their expense. Real Estate requires $5000.00 earnest money by certified funds (non-refundable) plus buyer's premium of 2% must be taken to Seven Oaks Realty, 989 E. Beaumont Ave., Greenville, IL no more than 24 hours following the acceptance of final bid price, with the balance due and possession give in approximately 30-45 days. You will also enter into a real estate purchase contract with Seven Oaks Realty for said property. Auction Company provides information from seller and county records it is the responsibility of the buyer to verify all data. All inspection must be done prior to close of the auction at buyer's expense. This sale is not contingent on any inspections, appraisals, or financing. Only high bidder will have the opportunity to negotiate following the auction. Again property is sold "AS IS WHERE IS" SELLER HAS RIGHT TO REJECT OR REFUSE ANY AND/OR ALL BIDS.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 250,000.00 500.00 USD
250,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 2% added to final bid
Payment Terms
Real Estate requires $5000.00 earnst money by certified funds (non-refundable) plus 2% buyers premium and must be taken to Seven Oaks Realty, 989 E. Beaumont Ave., Greenville, IL Upon notification of bid acceptance. SELLER HAS RIGHT TO REJECT OR REFUSE ANY AND/OR ALL BIDS.
not applicable