Auction Information
Online Bidding SiteONLINE AUCTION: Randolph County IL 207 Ac Offered in 2 Tracts
ONLINE AUCTION: Randolph County IL 207+- Acres Offered in 2 Tracts
Bidding Starts Thursday, August 11, 2022 at 8:00 a.m. CST
Bidding Closes Thursday, August 18, 2022 at 8:00 p.m. CST
Property Inspection: By Appointment Only
Property Address: Mathews & Levee Road, Prairie du Rocher IL 62277
Bidding Per Acre x Amount of Acres. Offered in 2 Tracts or Combination of Both Tracts. $100 bid increments.
DESCRIPTION
207+/- Acres Randolph County IL (located SW of Prairie du Rocher IL)
Tract 1: 138+/- acres with 81.27 tillable inside levee, soil PI of 110.2
Tract 2: 69+/- acres with 18.76 +/- tillable, Mississippi River frontage
Line separating tracts is estimated after survey completed acres will be adjusted per tract per survey results price per tract will be revised per price / per acre times final acres surveyed.
Will be offer in separate tracts and combination of both tracts.
If sold in sepa...
If sold in separate tracts to separate buyers, a survey will be conducted with buyers each paying 50% of survey cost. Seller paying 50% of survey cost on both tracts.
If both tracts sold to same buyer, no survey will be conducted.
Access via Levee Road and Mathews Road
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 2 TRACTS OR COMBINATION OF BOTH TRACTS. $100 BID INCREMENTS.
PROCEDURE: Property offered in 2 separate tracts and combination of both tracts.
SURVEY: If sold in separate tracts to separate buyers, a survey will be conducted with buyers each paying 50% of survey cost. Seller paying 50% of survey cost on both tracts. If both tracts sold to same buyer, no survey will be conducted.
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 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
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