Online Only Auction
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Price Realized:
298,000.00 USD
Shipping Not Available
Date(s)
2/23/2019 - 3/21/2019
AUCTIONEER INFORMATION
Bidding Notice:

Internet only bidding. When auction begins to close, please click the blinking icon that says "Live Catalog" to see bids change in real time without refreshing.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 40-Acre Livestock Center with 2-Story Home
Description
Selling With No Reserve Parcel ID#20-19-17-200-008; 973 N. 1375 Street, Shobonier, IL 62885 Located in SW 1/4 of NE 1/4 of Section 17 T5N R2E in Fayette County, IL.
Name 40-Acre Livestock Center & 2-Story Home
Auctioneer
Type Online-Only Auction
Date(s) 2/23/2019 - 3/21/2019
Auction Date/Time Info
Sells With No Reserve Internet only Thursday, March 21, 2019 at 6 PM (cst)
Preview Date/Time Open House Schedule Sunday, March 10, 2019 from 1-4 PM (cst) Wednesday, March 13, 2019 from 1-4 PM (cst)
Checkout Date/Time Real Estate Contract Signing at Friday, March 22, 2019 at 10 AM (cst) and payment of personal property at farm located at 973 N. 1375 Street, Shobonier, Illinois 62885.
Location
Buyer Premium 1% Buyer's Premium
Description
Real Estate and Personal Property. Selling Without Reserve! 40-Acre Livestock Center & 2-Story Home Fayette County Rural Water and Pond Watering System Improvements on Property located at 973 N. 1375, Shobonier, IL 62885 Commodity Barn- 42' X 60' Concrete floor; 36" high concrete wall; 14'h X 30'w door Bunker Silo-200' X 26' 1500 Ton capacity; 10' walls Vet Barn-78' X 24' Built in 2005; Load out chute; Sort pens with waterers and 8' X 10' Heated Vet room Cattle Barn-210' X 32' Built in 2005; Built on concrete walls; 10 individual pens with waterers and Zimmerman Heavy Duty Gates with fasteners; Curtain on North wall; Fence line feeding. Cattle Barn-100' X 30' Built in 2005; 2-lot cattle housing facility built on concrete walls; curtain sidewalls; 130' of roofed fence line feeding. 1 Million Gallon Manure Holding Pond Cattle Barn-115' X 54' Concrete Lot; Barn has fans, curtain walls and roofed fence line feeding; Big Springs Mirafount waterer. Older Style Hip-Roof Barn-30' X 42'; Has a 20' wrap around lean-to. Old Chicago Brick Front-Double 6 Parlor with office, bathroom and holding pen. Cattle Barn-108' X 30' with 90' of roofed feed bunk. Cattle Barn-48' X 18' Concrete lot with fence line feeding 2- Car Detached Garage-22' X 22' Insulated with walk-in door 3BR/1 BA 2-Story Home Heat and Central Air; Remodeled 1st floor with new carpet and hardwood floors. Wilberton Township and Vandalia School District. Parcel ID# 20-19-17-200-008. Annual Taxes $5,870
Bidder registration required. 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 1% buyer's premium will be added to each purchase. Example: If you bid $100.00, you will be charged $101.00 at check out. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. PAYMENT: Accepted forms of payment include Visa and MasterCard (with a 3% convenience fee), check (up to $2,000) with proper ID, wire transfer & cash. Checks over $2,000 must be pre-approved by the Auction Company. Payment must be made the next day following the auction. **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: All items are sold "AS IS, WHERE IS", with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the items and bid accordingly. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item please bid accordingly. 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 6:00 PM (CST) on Thursday, March 21, 2019. The first item will begin to close at 6:30 PM Central time and an item will close every 30 seconds after. The closing time of each lot will be automatically extended an additional 2 minutes whenever a bid is placed within the last 2 minutes of the lot closing. LOAD OUT/PICK-UP: Winning bidders of Lot 3, 4 and 5 must pick up their items at 973 N. 1375 Street, Shobonier, IL 62885 on or before April 15, 2019. unless alternate pick-up or shipping arrangements are made with the auction company by calling (618)664-9271 or (618)410-6286. DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $25,000 for Real Estate purchased to the property location and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, March 22, 2019) Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to the auction company; Langham Auctiioneers for the full amount of the buyer premium. REAL ESTATE POSSESSION & CLOSING: The closing will occur on or before Friday, April 26, 2019 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: 2019 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 - 999.99 25.00 USD
1,000.00 - 10,000.00 100.00 USD
10,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 1% Buyer's Premium
Payment Terms
Personal Property Lots 2-5 PAYMENT: Accepted forms of payment include Visa and MasterCard (with a 3% convenience fee), check (up to $2,000) with proper ID, wire transfer & cash. Checks over $2,000 must be pre-approved by the Auction Company. Payment must be made the next day following the auction; Friday, March 22, 2019.. Real Estate DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $25,000 for Real Estate purchased to the property location and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, March 22, 2019) Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to the auction company; Langham Auctiioneers for the full amount of the buyer premium.
LOAD OUT/PICK-UP: Winning bidders of Lot 3, 4 and 5 must pick their items up at 973 N. 1375 Street, Shobonier, IL 62885 on or before April 15, 2019 unless alternate pick-up or shipping arrangements are made with the auction company by calling (618)664-9271 or (618)410-6286.
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.