ONLINE LAND AUCTION: Jefferson County IL 35+- Acres / 1 Tract (2652A)

ONLINE AUCTION: Jefferson County IL 35+- Acres - 1 Tract

Bidding Closes Wednesday, February 10, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: 18470 East Ina Road, Ina IL 62846

DESCRIPTION

Hunting property or building site.  35.28 wooded acres with a small clearing on E Ina Road, just 15 miles or 20 minutes from Mt. Vernon IL and 10+- minutes to Rend Lake.  Public water and electric past the property.  Great building sites along the road and back in the woods.  Property is gently rolling; and from the stumps in the woods, I would judge it to be 15+- years since being logged.

Short Legal: Part of SE ¼, SW ¼ Section 19, Township 4 South - Range 4 East, Jefferson County Illinois.
Taxes: $62.76 (2019 paid 2020). Parcel ID# 16-19-300-020.

TERMS AND CONDITIONS

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

NO BUYERS PREMIUM!

Sale is subject to the confirmation of the Sellers.

PROCEDURE: Property is offered as a whole, no divisions. Bidding will be by total dollar. $1000 minimum bid increments.

SURVEY:  No survey will be provided. Acreage based on last available Tax Bill.

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 30 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage, if any. 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 current farm lease on tillable acres.

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