Online Only Auction
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Price Realized:
82,600.00 USD
Shipping Not Available
Date(s)
9/16/2018 - 10/4/2018
AUCTIONEER INFORMATION
Bidding Notice:

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Information
Lot # 1
Lead Unimproved 19.6 +/- Acres Farmland in Bond Co., IL
Description
Bid Now. Sells With No Reserve.Online Internet Bidding Only. Bidding open now through Thursday, October 4, 2018 at 7 PM (CST). Unimproved Farmland located in Section 30, T7N R4W, Shoal Creek N Township in Bond County, IL. Farm Tract is located at the intersection of Old Panama Avenue and Panama Avenue, Sorento, IL 62086. 19.6 +/- Acres includes 10.43 Acres Tillable Cropland and 9.2 Acres of Pasture and Woods. Predominant Soil Type is Marine Silt Loam. LEGAL DESCRIPTION (Pt. SE 1/4, SE 1/4, Sec. 30, T7N, R4W, 3 P.M.) Twenty-five acres off the East side of the Southeast Quarter (SE 1/4) of the Southeast Quarter (SE 1/4) of Section Number Thirty (30), in Township Number Seven (7) North, Range Number Four (4) West of the Third Principal Meridian, Bond County, Illinois, EXCEPT that part of the Southeast Quarter of said Southeast Quarter being more particularly described as follows: Beginning at the northeast corner of the Southeast Quarter of said Southeast Quarter; thence South 00 degrees 25 minutes 39 seconds East along the east line of the Southeast Quarter of said Southeast Quarter, a distance of 852.77 feet; thence South 85 degrees 11 minutes 16 seconds West, a distance of 142.64 feet; thence North 62 degrees 12 minutes 11 seconds West, a distance of 60.60 feet; thence North 29 degrees 05 minutes 58 seconds West, a distance of 50.28 feet; thence North 00 degrees 25 minutes 39 seconds West, a distance of 346.78 feet; thence North 82 degrees 55 minutes 06 seconds West, a distance of 104.34 feet; thence North 01 degree 05 minutes 16 seconds West, a distance of 431.78 feet to the north line of the Southeast Quarter of said Southeast Quarter; thence North 89 degrees 47 minutes 36 seconds East along said north line, a distance of 328.16 feet to the point of beginning, containing 5.361 acres, more or less, leaving a total of 19.639 acres, more or less. Seller: Estate of Mary Lou Long
Name Unimproved Bond County Illinois Farmland Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/16/2018 - 10/4/2018
Auction Date/Time Info
Internet only: Bid now through Thursday, October 4, 2018 at 7:00 PM (CST)
Preview Date/Time No scheduled preview. Unimproved Farmland located at intersection of Old Panama and Panama Avenues, Sorento, Illinois 62086 in Bond County, Illinois.
Checkout Date/Time The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium.
Location
Buyer Premium 5% Buyers Premium
Description
Unimproved 19.6 +/- Acres Farmland in Bond County, IL.
THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. If you prefer to turn in an absentee bid in person, please call 618-664-9271 or 618-410-6286 to make arrangements. BUYER'S PREMIUM: A 5% buyer's premium will be added to each purchase. Example: If you bid $100.00, you will be charged $105.00 at check out. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. **All items sell as is, where is with any and all faults or flaws. Items sell with no warranty stated or implied. This property is selling without reserve to the highest bidder regardless of price. Each potential bidder is responsible for conducting his or her own independent inspections, inquiries, and due diligence concerning the property. This property sells without contingencies. This sale is not contingent on the buyer's ability to obtain financing. Any inspections needed by the buyer must be made before the auction at the buyer's expense. Sale of the property is subject to any and all easements of record. WARRANTY & CONDITION OF ITEMS SOLD: The auctioneer reserves the right to add or remove items from the auction. 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. STAGGERED/DYNAMIC CLOSING: The auction will begin closing at 7:00 PM (CST) on Thursday, October 4, 2018. The closing time of the lot will be automatically extended an additional 2 minutes whenever a bid is placed within the last 2 minutes of the lot closing. DEPOSIT & PURCHASE AGREEMENT: The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium. REAL ESTATE POSSESSION & CLOSING: The closing will occur within 30 days of auction closing; on or around Monday, November 5, 2018 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246. The Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the title company. REAL ESTATE TAXES: 2018 Real Estate taxes shall be prorated to the date of possession. CATALOG DISPREPANCIES: You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed, always read the item description. The auctioneer reserves the right to add or remove items from the auction. 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. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Langham Auctioneers, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Langham Auctioneers, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Langham Auctioneers, LLC.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99.99 1.00 USD
100.00 - 249.99 2.00 USD
250.00 - 499.99 5.00 USD
500.00 - 999.99 10.00 USD
1,000.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
PAYMENT: The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium.
REAL ESTATE POSSESSION & CLOSING: The closing will occur within 30 days of auction closing; on or around Monday, November 5, 2018 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246. The Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the title company.
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.