ONLINE AUCTION: Pope County IL 162+- Acres / Homestead Tillable Pasture Timber Hunting / 2763LA

ONLINE AUCTION: Pope County IL 162+- Acres

Bidding Opens Tuesday, January 11, 2022

Bidding Closes Tuesday, January 18, 2022 at 8:00 p.m. CST

Property Inspection: Saturday, January 15, 2022 from 2 to 4 p.m. AND Sunday, January 16, 2022 from 9 a.m. to 1 p.m.

Property Address: 55 Blake Road (Bay City Road), Golconda IL 62938 (see Google Map below for exact location of property)

Bidding Per Tract - Not Per Acre - In $500 Bid Increments

NOTE: Your bidding is not contingent upon financing or inspections. Buyers due diligence - Any and all  inspections buyers require must be performed before bidding. Any and all required appraisals, loan approval and other essential due diligences must be performed before bidding. Home buyers are accustomed to performing home inspection after contract is signed; we want to make it clear this is not the case for this sale.

DESCRIPTION

162-Acre Homestead in Pope County IL. Truly an extraordinary property!

• 3/4 mile Ohio River frontage. Homestead on a bluff offering utterly amazing view of river and surrounding landscape. Located near Shawnee National Forest.
• Stick built home with partial basement. Home has 3 beds, 2.5 baths and 2264 sq. ft. with 1272 sq. ft. basement.
• Private well for water source.
• Dual fireplace open in 2 rooms. Electric heat in ceiling, central air, screened in porch, covered carport.
• 1.62-acre private pond stocked with fish.
• 45.46 tillable acres.
• Only privately hunted (deer, waterfowl, turkey). NOTE: Tract has setup to flood for duck hunting.
• NOTE: When I personally inspected property, I noticed no previous 4-wheeler/side-by-side tracts, suggesting that trespassing is held to a minimum.
• Very secluded; located on dead end road. You can rest assured this property is not a tract that is being flipped. Present owners have enjoyed the amenities of this tract for over 26 years.
• Tract has sizeable timber; timber valuation has not been done. Tract has astonishing outcropping rock formations.
• Nearby Ohio Scenic Byway, view of Stewart Island, observe river traffic/barge traffic. Near Smithland Hydro Elect Lock and Dam Facility.
• Google Coordinates: 37.230514 / 88.483735. Elevation 424 feet above sea level.
• 28 minutes from Paducah KY. 53 minutes from Marion IL. 1 hour to Lake Barkley and Kentucky Lake.
• OR travel the rivers to Lake Barkley via Ohio River which has 3/4 frontage on this tract to Tennessee River.
• OR travel rivers by boat to New Orleans / Gulf of Mexico, Nashville TN, St. Louis MO or numerous other destinations.

I, Don Bailey, hold a USA FAA Private Pilot license. NOTE: Several airports and private air strips available or build you own personal air strip on property. My family and I have personally traveled the area rivers via boat and experienced some fond memories of a lifetime.

TRAVEL TIMES FROM PROPERTY

• Brookport IL - 20.4 miles, 28 minutes
• Golconda IL - 14.3 miles, 21 minutes
• Vienna IL - 24.1 miles, 49 minutes
• Paducah KY - 24.3 miles, 36 minutes
• Nashville TN - 161 miles, 2 hr 41 minutes
• St Louis MO - 176 miles, 2 hr 53 Minutes
• Chicago IL - 376 miles, 5 hr 48 minutes
• Atlanta GA - 407 miles, 6 hr 21 minutes

PRICES FOR COMMERCIAL FLIGHTS TO PADUCAH KY

• Random Dates - Round Trip
• Chicago IL $322
• Atlanta GA $367
• St. Louis MO $408

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

Bidding Per Tract - Not Per Acre - In $500 Bid Increments

NOTE: Your bidding is not contingent upon financing or inspections. Buyers due diligence - Any and all  inspections buyers require must be performed before bidding. Any and all required appraisals, loan approval and other essential due diligences must be performed before bidding. Home buyers are accustomed to performing home inspection after contract is signed; we want to make it clear this is not the case for this sale.

PROCEDURE: Property is offered in 1 tract.

SHORT LEGAL: Sections 6 & 7, T15S-R7E.

REAL ESTATE TAXES AND TAX ID: Taxes: $5,273.78. Taxes pro-rated to closing date. Parcel #13-1-07-069-008, 13-1-06-069-004, 13-1-06-069-001, 13-1-07-069-009, 13-1-07-069-008-001.

SURVEY: No survey.

MINERAL: Any mineral owned will transfer.

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 will be given at closing subject to farm tenant rental agreement for 2022 crop production.

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