ONLINE AUCTION: Effingham County IL 157.1+- Acres Surveyed / Hunting Recreation Income Tillable / 4 Tracts / 2862A

ONLINE AUCTION: Effingham County IL 157.1+- Acres Surveyed Offered in 4 Tracts

Bidding Opens Thursday, February 2, 2023

Bidding Closes Thursday, February 16, 2023 at 8:00 p.m. CST

Property Inspection: By Appointment Only - Contact Auctioneer Don Bailey at 618-919-1031 for more information or an appointment.

Property Address: N 1030th Street, South of Mason IL 62443

157.1-acre farm will be offered in 4 tracts; multipar bidding allowed for a combination of any or all tracts, bidding will be per acre x acres. $10 bid increments.

All potential bidders must register before auction, preferably two weeks ahead of February 16, 2023. All potential bidders must personally call Auctioneer Donald Bailey at 618-919-1031. In the past bidders that wait the last minute to register, may stand a chance not being able to bid.

• Separate tract bidding will be allowed when bidding opens.
• Multi-par / combination of tracts will be allowed at 7pm, the last hour of close of auction.

PLEASE NOTE: In the Useful Documents section below is an auction sales contract that you will be required to sign. Please review it prior to bidding.

DESCRIPTION

Looking for solid investment for home site, recreation, campsite, mushroom hunting, deer and turkey hunting, place to build a pond or lake or simply a place to call your own. A place that would be great for quarantine in place. You can go off the grid while enjoying some of the utmost privacy, picturesque landscape around. Lots of hills and hollows, great place to build, very secluded property, lots of deer and turkey sign.

Road frontage for Tract 1. If sold in 4 separate tracts, survey and 50-foot easement across North end of tracts is possible. If all tracts are sold to one buyer, no survey or easement will be required.

Located South West of Effingham IL and South of Mason IL.

TRACT 1 - 33.9 ACRES

• 8.41+- acres tillable
• Presently has producing oil wells
• Lays mostly rolling with some flat acres
• Road frontage on N 1030th Street
• Pin #13-15-100-001
• Taxes: $143

TRACT 2 - 40.9 ACRES

• 9.45+- acres tillable
• Presently has producing oil wells
• Lays mostly rolling with some flat acres
• Pin (part of) #13-34-200-003
• Taxes (tracts 2, 3, 4): $279

TRACT 3 - 41.2 ACRES

• 0.56+- acres tillable
• Presently has producing oil wells
• Lays mostly rolling with some flat acres
• Pin (part of) #13-34-200-003
• Taxes (tracts 2, 3, 4): $279

TRACT 4 - 41.1 ACRES

• 5.83+- acres tillable
• Presently has producing oil wells
• Lays mostly rolling with some flat acres
• Pin (part of) #13-34-200-003
• Taxes (tracts 2, 3, 4): $279

TERMS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

BIDDING PER ACRE X AMOUNT OF ACRES. OFFERED IN 4 TRACTS. $10 BID INCREMENTS.

PROCEDURE: Property offered in 4 tracts or combination.

SURVEY: If sold in 4 separate tracts, survey and 50-foot easement across North end of tracts is possible. If all tracts are sold to one buyer, no easement will be required.

MINERAL: Seller to convey all 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, 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 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.

AUCTIONEER: Donald Bailey, IL Lic #441.002325