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Lot # : 1 - 20 Acres Wayne Co IL 16.3 Tillable
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Your bidding is not contingent upon financing or inspections.
Buyers use due diligence - Any and all inspections buyers require must be performed before bidding.
Any and all required appraisals, loan approval and other essential due diligences must be performed before bidding.
Home buyers are accustomed to performing home inspection after contract is signed; we want to make it clear this is not the case for this sale.
Bidders must contact Wayne Keller - Buy A Farm Land and Auction Company - 618-407-1679 FOR FINAL approval to register to bid and for any and all inspections of property.
Please don't wait until near the end of auction to register you may not be able to bid.
BIDDING PER TRACT - NOT PER ACRE. - $1000 BID INCERMENTS ----
SALE SUBJECT TO THE CURRENT 2022 CROP SHARE LEASE.
| Lot # | 1 |
|---|---|
| Group - Category | Real Estate |
| Lead | 20 Acres Wayne Co IL 16.3 Tillable |
| Description |
20 acres 1.2 miles West of Mt. Erie IL.
16.36 tillable acres with a PI of 100.4.
Property lays nice, very gentle roll.
Great addition to the farm or investment opportunity.
Possession subject to the 2022 crop lease.
Taxes: $243.32 (2020 paid 2021)
Parcel #06-13-013-009-10 (20 acres)
Directions: 1.2 miles West of Mt. Erie on County Road 2, North on CR 2400E ¾ mile, West on CR 1850N 800+- feet on left. Watch for signs.
Short Legal: W ½ , SE ¼, NE ¼, Section 13, Township 1 North – Range 8 East, Wayne County IL.
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| Name | Wayne Co IL 20 ac |
|---|---|
| Auctioneer | Buy A Farm Land & Auction Co |
| Type | Online-Only Auction |
| Date(s) | 2/24/2022 - 4/7/2022 |
| On-Line only Closes 8:00 PM CST Thursday March 31, 2022 | |
| Preview Date/Time | By Appointment |
| Checkout Date/Time | By 5:00 PM CST on Friday April 8, 2022 |
| Location | RR Mt. Erie, IL 62446 |
| Buyer Premium | No Buyer's Premium |
| Description |
20 acres 1.2 miles West of Mt. Erie IL.
16.36 tillable acres with a PI of 100.4.
Property lays nice, very gentle roll.
Great addition to the farm or investment opportunity.
Possession subject to the 2022 crop lease.
Taxes: $243.32 (2020 paid 2021)
Parcel #06-13-013-009-10 (20 acres)
Directions: 1.2 miles West of Mt. Erie on County Road 2, North on CR 2400E ¾ mile, West on CR 1850N 800+- feet on left. Watch for signs.
Short Legal: W ½ , SE ¼, NE ¼, Section 13, Township 1 North – Range 8 East, Wayne County IL.
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Auction Terms & Conditions NO BUYER'S PREMIUM.
SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.
NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. Have your financing verified before you bid.
PROCEDURE: Bidding for the whole, Not Per Acre - $1000 Bid Increments.
POSSESSION: Possession subject to tenant rights for 2022 crop year (cash lease).
ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.
REAL ESTATE TAXES: Pro-rated to day of closing.
SURVEY: No survey provided.
MINERAL: Any mineral owned will transfer, if any.
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 30 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.
AGENCY: Buy A Farm Land & Auction Co LLC. is the Agent and Representative of the Seller.
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 made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is".
AUCTIONEER: Wayne Keller, IL Auctioneer Lic #441.002475 - IL Managing Broker Lic #471.002958.
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 9,999,999.99 | 1,000.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | No Buyer's Premium |
| Payment Terms |
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 wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. This is a cash sale auction. Be sure to have financing arranged in advance.
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