ONLINE LAND AUCTION: Pulaski County IL 415+- Acres / 3 Tracts (2689A)

ONLINE AUCTION: Pulaski County IL 415+- Acres - 3 Tracts

Bidding Closes Thursday, June 17, 2021 at 8:00 p.m. CST

Property Inspection: Saturday, June 5, 2:00 to 4:00 p.m. OR By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: 302 Kays Lake Road, Mounds IL 62964

Short Legal: Part of Sections 8, 9 and 16 of Township 16 South, Range 1 West, Pulaski County Illinois.

BIDDING PER ACRE WITH $10.00 BID INCREMENTS.

DESCRIPTION

This 415 acres is a sportsman’s paradise with a mix of cropland, timber, lake and ponds. If you are looking for Whitetail Property, this one is worth a look.  Miles of wooded field lines and water supply make an excellent habitat, and it has produced several nice Bucks recently.  A 12-acre lake and 3 ponds offer plenty of other recreational opportunities and cropland for food plots or a little farm income.

Tract #1 - 165+- Acres

165+- Acres: 19.8+- acres tillable plus a few open acres around the pole barn and building site.  PI of 105.8.  This tract has a 12+- acre lake and a 2+- acre pond.  The balance is wooded and is a fantastic hunting property or secluded building site with electric service available.  Entry is from the South off Olive Branch Road and Kays Lake Road.
Taxes: $1607.26 (2020 payable 2021) -- Tax ID#’s 07-16 -100-001,  07-16-100-005,  07-16-200-001.

Tract #2 - 170+- Acres
170+- Acres:  32.6+- acres tillable with a PI of 111.7.   3.5-acre pond and the balance is wooded. Some timber has been cut on this tract since the pictures were taken. Nothing cut below 24” at stump. Entry from Bucher Road; electric is available at the road. Great hunting and secluded building sites.
Taxes: $2306.08 (2020 payable 2021) -- Tax ID# 07-09-300-00.

Tract #3 - 80+- Acres

80+- Acres: Wooded and rolling.  Property was logged in 2004 or 2005.  Great hunting property.  Access is via an easement off Lufkin Road.  The easement was once a public road. The bridge on the easement is gone but the Seller will replace the bridge before closing with a truck bed/bridge.  There is a old cemetery in the SE corner of this tract.
Taxes: $408.82 (2020 payable 2021) -- Tax ID#’s 07-08-400-006,  07-08-400-012.

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

SUBJECT TO PRIOR SALE.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

BIDDING PER ACRE WITH $10.00 BID INCREMENTS.

PROCEDURE: Property is offered in 3 tracts.  No combinations.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

REAL ESTATE TAXES: Pro-rated to closing date.

SURVEY: Seller will pay 50% of survey cost.  50% will be paid by Buyer on a per acre basis. Much of the farm has already been surveyed.  Price will be adjusted to match surveyed acres.

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 will be given at closing subject to the present crop share farm lease.  Seller will retain the 2021 farm rent income.

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