ONLINE ABSOLUTE LAND AUCTION: Jackson County IL 78+- Acres / Tillable Wooded Lake Hunting / 1 Tract (2725A)

ONLINE ABSOLUTE AUCTION: Jackson County IL 78+- Acres - 1 Tract

ONLINE ABSOLUTE AUCTION!! NO RESERVE!!

Bidding Closes Thursday, August 26, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Managing Broker Jamie Keller at 618-713-7677

Property Address: Carson Road, Ava IL 62907

DESCRIPTION

ONLINE ABSOLUTE AUCTION !!!  This 78.48 surveyed acres includes a 2-acre lake, 36 acres of income producing tillable land with a 104.8 PI, and the balance wooded with a small creek.  Located in Jackson County IL just South of Ava, this property is near Kinkaid Lake and the Shawnee National Forest.  2018 Survey provided in Useful Documents below. Taxes $438 (2020).  Trico School District.

Directions: From Ava, IL South on Ava Road about 1 mile to right onto Carson Road.  Property on left in ¼ mile.

TERMS AND CONDITIONS

 NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SELLS ABSOLUTE! NO RESERVE!

Please Note: Bidding is total dollars on the tract, not by the acre, in $1,000 bid increments.

PROCEDURE: Property is offered as 1 tract.

SHORT LEGAL: Section 1, T8S-R4W.

TAXES: $438.00 (2020) - Pro-rated to closing date.

PARCEL #: 07-01-200-001.

SURVEY: 2018 survey provided. See Useful Documents below.

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 45 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.

POSSESSION: At closing subject to 2021 crop lease. Seller retains 2021 crop income.

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.

AUCTIONEER: Wayne Keller, IL Lic #441.002475.