Description
SOLD AT AUCTION - ABSOLUTE LAND AUCTION
JUNE 28, 2018 at 7:00PM
PROPERTY DETAILS
153+- acres in Monroe County, 145.86 acres tillable/FSA. This land is west of Stringtown Rd. near Fults. Ditches and canals have been cut for drainage in 2016. PI 104.7.
Directions: Take Bluff Rd south to Kaskaskia Rd. Head West on Kaskaskia Rd Turn North on Stringtown Rd. Property is on the left.
Sale Method:
1 partial bidding in lump sum.
Legal Description: SEC 10 T5S – R10W & SEC 11, T5S-R10W
Survey:
No survey. Will be selling by Legal Description.
FSA Information: 145.86 tillable acres
Mineral Rights: Any owned will transfer.
Soil Productivity: Contract to purchase between the Buyer and Seller will be signed immediately after the auction and will close on or before July 30, 2018.
Parcel(s): 17-10-400-003-000 & 17-11-100-003-000
Taxes: (2016) Parcel # 17-10-400-003-000 Taxes totaled $783.00 (which includes a Drainage Tax of $322.72 on this parcel) / (2016) Parcel # 17-11-100-003-000 Taxes totaled $841.94 (which includes a Drainage Tax of $289.64 on this parcel)/ Taxes will be prorated to date of sale.
Soil Productivity: 104.7 PI
Farm Lease: Subject to 2018 tenant rights. Buyer will be credited $50/acre for half of the 2018 income.
Possession: Possession of property is to be delivered to Buyer after Fall Harvest 2018 or before December 31, 2018, whichever is sooner.
Location: Auction to be held at: Acorns Golf Links 3933 Ahne Rd. Waterloo, Il. Property location is on Stringtown Rd., Prairie du Rocher, Il
Earnest Money: 10% down day of sale, nonrefundable. Earnest money will be held in trust by Monroe County Title. Seller agrees that Broker or Broker's authorized closing agent may act as escrow agent for all money, papers and documents associated with this transaction.
Terms:
BIDDING INFORMATION: Bidding will be done in total dollars.
REGISTRATION: Proper and complete registration is required to bid. All bidders will be asked for a copy of state-issued ID. All online bidders must provide name, address, phone number, and email address to register. A registered online bidder will then be approved by the auctioneer to continue. A credit card is required to place an online bid on the property. 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 next day. 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 agreed to be bound by the Auction Terms and Conditions. Online bidders must register and be accepted at least 3 hours before the live auction.
Auctioneer Brad Chandler, IL Lic #441.002105.
Closing: Closing on or before July 30, 2018
Disclaimer:
DISCLAIMER AND ABSENCE OF WARRANTIES: Subject to all easements, covenants, and restrictions on record. All information contained herein, and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her independent inspections, investigations, inquiries and due diligence concerning the property. The figures, estimates, and drawings of acreages and boundary lines in the printed material or on the website are approximate, and are not guaranteed. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final, and all announcements made the day of the auction by the auctioneer will take precedence over printed or spoken information made prior. Property Peddler inc. and their agents work for the Seller.
Financing:
Sale is not contingent on financing.
P#050A
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.
