Live & Online Land Auction: 90+/- ac
St. Clair Co November 19th, 2024 @ 6:30 PM
Live & Online Land Auction 90± Acres - St. Clair County, IL November 19, 2024 - 6:30 PM
Auction Location: New Baden American Legion Post 321
Address: 105 E Illinois St, New Baden, IL 62265
Property Location: 90± acres at the corner of Clinton County Line Rd & Fuesser Rd, Mascoutah, IL 62258
Located in the Mascoutah Unit #19 School District, this mostly tillable acreage offers a prime opportunity just 7 miles from Mascoutah, IL, and less than 2 miles south of New Baden, IL. Located just south of I-64, the property will be offered in 4 tracts.
Total 2023 Taxes for All 4 Parcels: $5,336.84
Title Company: Town & Country Title Company
Directions: The property is at the northwest corner of Fuesser Rd & Clinton County Line Rd, approximately 1.77 miles south of Highway 161 in New Baden, or 2 miles north of Highway 177 & Clinton County Line Rd.
Legal Description: Part of Section 24, Township 1 North, Range 6 West of St Clair County IL
Auction Terms and Conditions
Seller: Lucille Moehrs Trust
Auction Date: November 19, 2024 - 6:30 PM (Live & Online)
Bidding Period: November 7 to November 19, 2024 - 6:30 PM
Bidding Information:
This auction is a live event with online bidding. Pre-bidding opens on November 7 and will close during the live auction on November 19 at 6:30 PM. The auction is conducted as Bidder’s Choice, and bidding will be per acre based on the tax bill. While in-person attendance is encouraged, online bidders must be accessible by phone during the live event.
Registration:
All bidders must complete registration, providing name, address, phone number, and email. A Property Peddler team member will contact bidders to request a copy of a current state ID to finalize registration for online bidding. By registering, bidders acknowledge having read and agreed to the auction terms and conditions. The auctioneer reserves the right to refuse or revoke registration at their discretion. Early registration is encouraged to allow access to pertinent property details and auction updates.
Contract: Successful bidders will sign the auction sales contract immediately after the sale, either in person or electronically.
Earnest Money: A non-refundable deposit of 10% is due on the day of the sale, payable to Town & Country Title Company. Any checks returned for insufficient funds or stop payment orders will be considered fraudulent.
Closing: Closing will occur on or before January 10, 2024.
Closing Costs: Buyer is responsible for the purchase price plus customary closing costs, including but not limited to escrow/closing fees, recording fees, prorations, and title company charges. Buyer is also responsible for any financing-related costs.
Title Company: Town & Country Title Company
Mineral Rights: Any mineral rights owned by the seller will convey with the property. No mineral search has been performed.
Possession: Possession is subject to the current farm lease. If closing occurs in 2024 and crops are still in the ground, possession of the tillable land will be granted after the 2024 harvest. If closing occurs in 2025, possession will be immediate.
Farming Rights: No farm lease exists for 2025. The seller retains all 2024 farm income.
Taxes: The seller will provide credit for 2024 taxes based on information available at that time. All taxes thereafter will be the responsibility of the buyer.
Financing: Bidding is not conditional upon financing. Buyers must secure financing arrangements prior to bidding. The sale is not contingent on appraisal.
Survey: No survey will be provided.
Disclaimer and Absence of Warranties:
The property is sold subject to easements, covenants, and restrictions of record. All information provided, including acreages and boundary lines, is approximate and not guaranteed. The property is sold “AS IS, WHERE IS,” with no warranties or representations made by the seller or auction company. Potential bidders are responsible for conducting their own due diligence.
The auctioneer is not liable for errors, omissions, or failures in the bidding process, including errors in internet connections or computer systems. All bidding is final upon the auctioneer's customary announcement of sale completion.
Agency Disclosure:
Property Peddler Inc., its staff, and agents represent the seller exclusively. If a buyer has signed an exclusive agency agreement with a real estate broker, the buyer will be responsible for the cost of their agent’s commission.
Auctioneer:
Brad Chandler IL License #441.002105 / Broker License #475.16227
P# 913
LISTED by Property Peddler Inc.
Designated Managing Broker Brenda Chandler 618-201-3947
Auctioneer/Broker Brad Chandler 618-791-3289
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©2024 Property Peddler Inc. | All Rights Reserved.
All information provided through this website was obtained from sources deemed reliable; however, Property Peddler Inc. make no guarantees of the accuracy of information. All sketches and dimensions on this website are approximate and should be verified. All acreages are approximate and have been based on aerial photography, tax maps, or plat maps and are in no way guaranteed and the buyer might consider for it to be confirmed by a licensed surveyor.
Prospective buyers should rely on their personal inspection and/or the inspections of a professional property inspector for the condition of the property. As for the title work, it is the responsibility of the buyer and/or the buyer’s attorney to inspect. We suggest prospective buyers do their due diligence regarding their purchase. Neither the seller nor Property Peddler Inc. assumes liability for the accuracy, errors, or omissions. Seller reserves the right to refuse any and all offers submitted and may withdraw the property from offering without notice.
