Auction, Sold

SOLD -110±ac Land Auction-Monroe Co-IL

Waterloo, Illinois 62298
  • 110.00 Acres
  • Monroe-IL County

Property Description

Auction Details

110+/- Acre Land Auction Monroe County IL

OFFERED IN 4 TRACTS!

AUCTION HELD: Thursday, March 28th at 6:30pm

For Property At:

000 Gall Rd. - Waterloo, IL. 62298

Auction Will Be Held At:

Acorns Golf Links - 3933 Ahne Rd. - Waterloo, IL. 62298

 

All acreage is approximate, the survey to govern.

Tract 1 - 10+/- acres (10.0 ac). All tillable tract is next to the FS fertilizer location. It is just outside of city limits and has good development potential. Frontage on Gall Rd.

Tract 2 - 14+/- acres (14.9 ac). All tillable. The tract is slightly rolling and could be possible residential or road front business property. Just outside of city limits with road frontage on 2 sides of Gall Rd.

Tract 3 - 41+/- acres (41.6 ac).  This piece has it all. There are multiple possible building sites, with electric and well on the property. A creek is part of the southern border and a pond is also located on the property.  The rolling terrain consists of both tillable and timber to offer some nice walkout possibilities.  27+/- acres (26+/-) tillable on this tract.

Tract 4 - 45+/- acres (46.2 ac).  A possible building or recreational piece of land. This tract has the most varied topography. The mostly wooded tract will provide some good hunting. Trails are already present. The access to Gall Rd will allow for possible building potential with easy access to Rt 3.  11+/- acres (10+/-) tillable.

Legal Description: Part of Sections 22 & 23, Township 2 South, Range 10 West, Monroe County, Illinois

Taxes: 2017 - Total $951.78

Terms:

Registration: Proper and complete registration is required to bid. All bidders must provide their name, address, phone number, and email address to register. A registered online bidder will then be qualified by the auctioneer to continue; the bidder will be asked for a copy of a state-issued ID and must be at least 18 years of age.  Credit card verification is required to bid online. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price.  Deposit must be wired by the close of business the next day.  The credit card will not be charged unless Winning Bidder fails to complete the contract signing process and required wiring, then $1000 will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.  Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Online bidders must be verified 24 hours in advance of the live auction. Buyers should register as early as possible to obtain information about the properties and increase the likelihood of being notified of any pertinent changes that take place before the auction.

Contract: Winning bidder will sign in person or electronically the auction sales contract immediately after the sale.

Earnest Money:  Within 24 hours of the close of bidding, the approved high bidder will deposit a non-refundable payment of 10% down  - deposited with Columbia Title Company. Any stop payment order of a check, or giving a check, which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.

Closing: On or before APRIL 30, 2019

Taxes: 2018 taxes will be credited by the seller at closing, estimated on current tax figures available from the county. The buyer will be responsible for taxes for 2019 and on.

Farm Lease: No current farm lease. Possession at closing.

Mineral Rights: Any owned will sell with the property.  No mineral search performed.

Possession: At closing.

Financing: Your bidding is not conditional on financing, make arrangements before bidding.

Survey: Survey will be finalized before closing.

P#107A

Auctioneer  Brad Chandler  IL Lic # 441.002105

Call Property Peddler Inc  - Auctioneer and Real Estate Broker /Owner - Brad Chandler 618-791-3289 to discuss this property, or to talk about booking your own auction.  We can do a multi-par auction, live or online auctions.  No two auctions are the same.

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