Lot # : 1 - 40 +- Acres in White County, IL

Online Only Auction
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Norris City, IL 62869
Date(s)
3/18/2021 - 3/25/2021
AUCTIONEER INFORMATION
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Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Information
Lot # 1
Group - Category Real Estate - Commercial
Lead 40 +- Acres in White County, IL
Description
If you looking for farmland to add to you operation, looking for somewhere to call your own offering good income great home-sites area for lake or pond a great recreational with lots of deer tracks in the snow you will want to look at this tract. Tract has nice wooded area NW corner and hunting possibility around edges of field 31 FSA tillable acres Rural water available near by or if you want to stay off the grid 237 ft deep well, good water on land next to this tract Taxes $269.94 Crop Yield history ; Corn 2020 176 bu per acre with some drowned out spots / 2019 preventive planting / 2018 Corn 158 bu per acre / 2017 Soybeans 51 bu per acre. Possession at closing including cropping rights for 202 crop season. Coordinates SW corner ; 38*00 ' 36.49 N / 88*18 ' 04.21W ** NOTE; Bidding per acre / Starting Bid $3,000 per acre x 40 acres NO BUYERS PREMIUM !! Tract has been surveyed
Name 40+- Acres in White County, IL
Auctioneer
Buy A Farm Land And Auction Company LLC
Type Online-Only Auction
Date(s) 3/18/2021 - 3/25/2021
Auction Date/Time Info
Internet-Only
Preview Date/Time Property Inspection: By Appointment - Call Auctioneer/Broker Don Bailey at 618-919-1031
Location
898 County Rd 400 East
Norris City, IL 62869
Buyer Premium No BP
Description
On-Line Auction 40 acres White County IL SW1/4 of SW1/4 of Section 11 T6S R8E (Indian Creek Twp) 31 acres productive farm land locate NE Norris City IL Contact Auctioneer Don Bailey 618 919 103 dbailey@buyafarm.com for inspection of properrty ** NOTE; Bidding per acre / Starting Bid $3,000 per acre x 40 acres NO BUYERS PREMIUM !! Tract has been surveyed
NO BUYER'S PREMIUM. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS. PROCEDURE: Property is offered as 1 tract, no divisions. SHORT LEGAL: Section 11, T6S-R8E TAX ID: 17-11-300-006 REAL ESTATE TAXES: $269.94. Pro-rated to closing date. SURVEY: Property has been surveyed. MINERAL: Any mineral owned will transfer. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given at closing. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is". Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids. AUCTIONEER: Donald Bailey, IL Lic #441.002325
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium No BP
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