ONLINE LAND AUCTION: Alexander County IL 40+- Acres / 1 Tract (2617A)

ONLINE AUCTION: Alexander County IL 40+- Acres

Bidding Closes Thursday, October 29, 2020 at 8:00 p.m. CST

Property Inspection: Contact Auctioneer Mark Kennedy at 618-924-1747 or markkennedy@buyafarm.com

Location: Miller City Road, Miller City IL - Access via recorded 25-foot easement to the property.

Description

Fantastic deer and waterfowl hunting located in Southern Illinois near Horseshoe Lake. The property is 40 acres, 30 acres of which is in the WRP program, and the balance is wooded and not in any type of program. The 30 acres of WRP has a pit and a blind on it. The pit is a 5-man tank with concrete floor and an outside underground compartment capable of housing a 100-gallon propane bottle or a small generator in case you need to run an ice eater. The blind is nice sized and 6 guys can easily shoot out of it. The flooded area is 12 acres of water with 7 to 8 acres of corn planted in it. The property is also improved with a 17” well and the current owner rents a centrifugal pump to flood the area. The cost is roughly $1,000 a year and takes about 3 days to pump full. A local farmer has kept the levees mowed and has planted the crops for the owners. The property butts up to the south end of Horseshoe Lake Conservation Area and is under a mile from the lake itself.

This property adjoins around 1,000 acres of timber and sloughs that come duck season becomes a refugee for the deer. Access is a recorded 25-foot easement to the property, and the owner reports having great like-minded neighbors make the entire are better for all. Come take a peek; there are not many quality hunting 40’s for both waterfowl and whitetail but here is one of them!

Addendum “A” Terms and 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: SW 1/4, NW 1/4 Section 18, T16S-R2W

TAX ID: 08-02-28-090-008

REAL ESTATE TAXES: $100. Pro-rated to closing date.

SURVEY:  Property previously surveyed.

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 #440000202