Result: 1 of 1
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Type Online-Only Auction
Price Realized 209,000.00 USD
Date Sold 11/19/2020


Lot # 1
Group - Category Real Estate - Land
Lead 37 acres Wayne County IL
Description
This 37 acres has almost 30 acres tillable with a productivity rating index of 102. The property fronts County Road 50 North on the North boundary. The SE corner of the property is wooded (7acres) for deer and turkey hunting possibilities.
Name Wayne CO IL 40
Auctioneer Buy A Farm Land & Auction Co
Type Online-Only Auction
Date(s) 10/5/2020 - 11/19/2020
On_Line only Closes November 19, 2020 8:00 PM CST
Preview Date/Time By Appointment. Contact Auctioneer Mark Kennedy at 618-924-1747 or markkennedy@buyafarm.com
Checkout Date/Time November 20th by 5:00 PM
Location Co Road 50 North
Wayne City, IL 62895
Buyer Premium No Buyer's Premium
Description
This 37 acres has almost 30 acres tillable with a productivity rating index of 102. The property fronts County Road 50 North on the North boundry. The SE corner of the property is wooded (7acres) for deer and turkey hunting possibilities.
Auction Terms & Conditions 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: Pt NE SW Section 13, T3S-R5E TAX ID: 08-02-28-090-008 Taxes: $296.32 SURVEY: No survey provided. MINERAL: Any mineral owned will transfer, if any. None believed to be owned. 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 tile 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 the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and 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.Mark Kennedy, Auctioneer IL Lic #440.000202 --------------------------------------------- ------------------------------------------ Terms Of Use

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.