ONLINE ONLY LAND AUCTION: Williamson County IL 240+- Acres (2292LA)

ONLINE AUCTION: Williamson County IL 240+- Acres

Bidding closes Thursday, April 30, 2020  at 8:00 p.m. CST.

Property Inspection: By Appointment Only

Location: Between Marion and Harrisburg IL at the end of Harrisburg Coal Road

Description

240 acres wooded between Marion and Harrisburg IL at the end of Harrisburg Coal Road. Wooded creek bottoms and rolling woodlands along with 44 acres of cropland and 2 ponds is a recipe for great whitetail and turkey hunting. 23+- grasslands acres could be used as pasture. There are 3 sealed coal mine air shafts on the property.  I have been told there has been no strip mining on the property but 15+- acres at the North end of the property has been used in some manner in past mining operations and is now in grasslands. Cropland lease is open for the 2020 crop year.

Directions:

From Marion IL: From the East side of Marion, follow IL Rt. 13  East 7+- miles.  Right on Dykersburg Road. South 1.2 miles to Harrisburg Coal Road.  Turn left; go ½ mile to the property on the right.

From Harrisburg IL: From the West side of Harrisburg, follow IL Rt. 13 West  10+- miles.  Left on Dykersburg Road.  South 1.2 miles to Harrisburg Coal Road.  Turn left; go ½ mile to the property on the right.

Auction Terms and Conditions

No Buyer's Premium.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Sale is subject to the confirmation of the Sellers.

BIDDING IS ON A PER ACRE BASIS. WE WILL TAKE THE FINAL BID X TAXED ACRES.

PROCEDURE: Property is offered in its entirety.

2019 REAL ESTATE TAXES: $939.02 (2018 paid 2019).  Taxes will be prorated to closing date.

SHORT LEGAL: Part of Sections 26 and 27, T9S-R4E, Williamson County IL.  Parcels #08-26-300-001, 08-26-100-004, 08-07-400-002, 08-27-200-003.

SURVEY:  Property will not be surveyed.

MINERAL: Any mineral owned will transfer, if any. None believed to be 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 tile 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 Title Insurance premium, deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer and 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 the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and 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.

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