Lot # : 1 - 25+/- Acres Unimproved Farmland

Online Only Auction
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Price Realized:
145,100.00 USD
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Nashville, IL 62263
Date(s)
1/31/2021 - 3/10/2021
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. BIDDING BEGINS ENDING ON Wednesday, March 10, 2021 AT 6 PM (CST). If you prefer to turn in an absentee bid in person, please call 618-664-9271 or 618-410-6286 to make arrangements.

Information
Lot # 1
Group - Category Real Estate - Commercial
Lead 25+/- Acres Unimproved Farmland
Description
Location: Section 36 T1S R3W in Covington Township in Washington County, IL. Part of Parcel# 04-07-36-200-002 and Parcel# 04-07-36-200-003. Real Estate taxes approx. $375.REAL ESTATE POSSESSION & CLOSING: Possession of will be given upon payment of the down deposit and the execution of the Real Estate Contract for spring farmland preparation/planting. If there are multiple buyers of the real estate, there will be a survey conducted. Each of the buyers and the seller will be responsible for one-third of the survey cost. Soil maps are approx. tillable acres. Predominant Bluford, Blair Silt Loam and Birds Silt Loam Soils.
Name 50-Acres Farmland Washington County, IL
Auctioneer
Langham Auctioneers
Type Online-Only Auction
Date(s) 1/31/2021 - 3/10/2021
Auction Date/Time Info
THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. BIDDING BEGINS ENDING ON Wednesday, March 10, 2021 AT 6 PM (CST). If you prefer to turn in an absentee bid in person, please call 618-664-9271 or 618-410-6286 to make arrangements.
Preview Date/Time Property Inspection: Near 11761 Lark Rd. Sunday, February 21, 2021 from 2-4 PM (CST) Sunday, March 7, 2021 from 2-4 PM (CST)
Checkout Date/Time The winning bidder is required to bring a deposit of $10,000.00 for each Real Estate Lot Tract purchased to Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction (Thursday, March 11, 2021), deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers).
Location
Washington County, IL Near 11761 Lark Rd
Nashville, IL 62263
Buyer Premium 4% Buyers Premium
Description
50 Acres Unimproved Farmland in Section 36 T1S R3W Covington Township in Washington County, Illinois. Located North of I-64 exchange from Nashville, Illinois and West One mile from IL Route 127 on Lark Road. This is a multi-use property. It could continue use as cropland add-on for a grain farm, building site/farmette or expansion of building sites. The owner is selling to concentrate his land ownership. He currently owns additional land in Clinton and Marion counties. This land has been rented to a tenant in prior years. Tenant rights have been severed and the new buyer will have the choice to farm the land or lease it to a tenant. The property has been under a high level of management. It is a great piece of land to own. Sellers: Jeff and Teresa Von Bokel
Bidder registration required. Complete settlement date 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. BUYER'S PREMIUM: A 4% buyer's premium will be added to each purchase. Example: If you bid $100.00, you will be charged $104.00 at check out. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. This property is selling without reserve to the highest bidder. 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. REAL ESTATE TAXES: 2021 Real Estate taxes shall be paid for by the Buyer. Seller at closing will convey good and marketable title. Buyer and Seller will be 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, 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. 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 4% Buyers Premium
Payment Terms
The winning bidder is required to bring a deposit of $10,000.00 for each Real Estate Lot Tract purchased to Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction (Thursday, March 11, 2021), deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers). REAL ESTATE POSSESSION & CLOSING: Possession will be given upon payment of the down deposit and the execution of the Real Estate Contract for spring farmland preparation/planting. If there are multiple buyers of the real estate, there will be a survey conducted. Each of the buyers and the seller will be responsible for one-third of the survey cost. If a buyer is unable to close for any reason, any land preparation, tillage or planting expenses will not be reimbursed to the buyer. The closing will occur within 3 months of auction (on or before June 11, 2021). Closing of the Real Estate Lot Tracts in Greenville, IL at the office of Certified Title Company 502 S. Third, Greenville, IL 62246
REAL ESTATE POSSESSION & CLOSING: The closing will occur within 3 months of auction (on or before June 11, 2021). Closing of the Real Estate Lot Tracts at the office of Certified Title Company 502 S. Third, Greenville, IL 62246 REAL ESTATE POSSESSION & CLOSING: Possession of will be given upon payment of the down deposit and the execution of the Real Estate Contract for spring farmland preparation/planting. If there are multiple buyers of the real estate, there will be a survey conducted. Each of the buyers and the seller will be responsible for one-third of the survey cost. If a buyer is unable to close for any reason, any land preparation, tillage or planting expenses will not be reimbursed to the buyer, and if there is a growing crop it would be property of the seller. The closing will occur within 3 months of auction (on or before June 11, 2021). Closing of the Real Estate Lot Tracts will be conducted at the office of Certified Title Company 502 S. Third, Greenville, IL 62246
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