ONLINE AUCTION: Washington County IL 20+- Acres / Wooded CRP Income Creek / 2807A

ONLINE AUCTION: Washington County IL 20+- Acres

Bidding Closes Thursday, July 28, 2022  at 8:00 p.m. CST

Property Inspection: By Appointment Only - Contact Auctioneer Wayne Keller at 618-407-1679

Property Address: Harding Road, Oakdale IL

DESCRIPTION

20 acres wooded and CRP approximately 3 miles East of Lively Grove IL. 2.2 acres of CRP expires this fall but will be renewed by the Seller. The CRP pays $267.40 per year, but the new contract will pay $470+- per year.  The balance is wooded and the Owner believes the timber was last cut sometime in the 1960’s.  There is a creek on the property and a few acres of creek bottoms.  Most of it is upland woods. Open cropland to the North and South of this property creates excellent whitetail habitat.

Directions:  From Lively Grove go East 2.4 miles on Co Hwy 10. Turn left onto Blackjack Road. Go 1.7 miles North to Harding Road. Turn left and travel ½ mile to a field road on the right at the edge of the woods.  Property is ½ mile North. The last ½ mile is a permanent, recorded easement.

Taxes $116.99 (2020 paid 2021)

TERMS

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 Per Tract - $1000 Bid Increments

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 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: Possession subject to tenants rights for 2022 crop year.

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 Lic #441.002475 / Managing Broker IL #471.002958 / Phone: 800-357-4020 or 618-407-1679