ONLINE AUCTION: Perry County IL 1+- Acres / 2865A

ONLINE AUCTION: Perry County IL 1+- Acres

Bidding Starts Monday, January 16, 2023

Bidding Closes Thursday, February 23, 2023  at 8:00 p.m. CST

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

Property Address: 4431 State Route 154, Pinckneyville IL 62274

DESCRIPTION

Highly visible 1+- acre lot just off the round-about on IL Rt 154 at the intersection of IL Routes 154 and IL Rt 13.  The North side of the property is Water Street.  At one time the International Harvester tractor dealer occupied the property.  It is now zoned residential, however, it is likely it could be re-zoned or a variance obtained if the buyer has a commercial use in mind.  City water, electric, gas and sewer are available.

• Taxes: $711.82 (2021 paid 2022)
• Parcel #1-53-0350-030

TERMS

NO BUYER'S PREMIUM.

SALE SUBJECT TO CONFORMATION OF SELLER(S).

PROCEDURE: On-Line Only Auction. Open bidding will be available until 8:00 PM CST February 23, 2023, subject to bid extensions. Minimum opening bid is $10,000. Bidding will be Per Tract. $1000 minimum bid increments.

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.

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: No mineral 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 title in the form of Title Commitment, 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. Title Insurance will be from from Title Professionals (Formerly Roe Abstract), Pinckneyville, IL..

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 will be given at closing subject to the 2022 farm lease.

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; Phone: 800-357-4020; Email: wkeller@buyafarm.com.