THIS IS A COMPLETED SALE
View current listings by this company
View current listings by this company
Effingham County Illinois Land Auction (194 Acres)
Listing ID#: 1617739
Auction Location |
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Beecher City, IL 62414 |
Auction Dates and Times |
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Bidding Starts: Wednesday May 1 Bidding Ends: Tuesday Jun 4 |
Auction Type |
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Company Information |
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Hartland Auction & Realty LLC Website: www.hartlandauctionrealty.com GoToAuction.com ID#: 11198 View company information and listings |
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Listing Terms and Conditions |
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AUCTION TERMS:
Hartland Auction & Realty LLC acting as Agents of the Seller.
Farm Lease is closed for 2024. Buyer will receive all 2024 Cash Rent Payments. Current farm rights will end at conclusion of 2024 harvest. Buyer will assume all possession after 2024 harvest.
2% Buyer's Premium.
Survey on Lot 4 and easement for access across the driveway now uploaded to website.
Seller will provide pre-title commitment, survey for Lot 4, easement for Lot 3, and purchase contract which will be viewable in the descriptions sections of the (4) lots.
Purchase contract signing will be completed within 24 hours of bidding ending. Auctioneer will contact successful bidders at conclusion of auction to arrange meeting. Sale is not contingent upon Buyer(s) financing.
Earnest Money: Successful bidder(s) will deposit 10% of final payment amount as earnest money within 24 hours of bidding ending. Earnest monies will be held by The Title Center located in Effingham, Illinois in an escrow account which will be applied toward final purchase price at closing. Down payment will be made by personal, corporate, or cashier's check made payable to THE TITLE CENTER. Bidding is not conditional upon financing, have financing arranged.
Closing; Closing date shall be July 8, 2024 to be held at THE TITLE CENTER, in Effingham, Illinois.
The real estate will be offered in (4) lots. Lots 1, 2, & 3 will sell on a per acre basis based on taxable acres. Lot 4 will sell as a whole lot, not by the acre. Bidding increments will be shown and are the discretion of the Auctioneer & Auction Company. All absentee and/or telephone bids must be pre-qualified and approved by Hartland Auction & Realty LLC. Internet bidding only with an online only auction.
Each lot is selling independently of the others. There will be no combining of the tracts, though the four lots will sell at the same time with extended bid. If any tract has a bid within the last one minute of closing, the bidding will extend 5 minutes for all (4) lots.
Sellers will retain any mineral rights currently owned.
SELLER RESERVE AUCTION / SELLER RESERVES THE RIGHT TO ACCEPT/DECLINE ALL BIDS AT CONCLUSION OF AUCTION
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Listing Information |
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Effingham County Farmland / Hunting / House & Pond
194 Taxable Acres (+,-) 4 Lots Selling With SELLER RESERVE
OPEN HOUSE --- LOT 4
Saturday, May 11 11am - 1pm
Tuesday, May 14 4pm -6pm
Other viewings by appointment.
Locations:
Lot 1 ~ 3/4 Mile East of Beecher City, IL on Rt. 33
Lots 2, 3, & 4 ~1 Mile SouthWest of Beecher City, IL
Lot 1: 40.00 Taxable Acres.
Lot 2: 80.00 Taxable Acres.
Lot 3: 61.35 Taxable Acres.
Lot 4: 12.65 Surveyed Acres w/ an older farm house, detached garage, pond.
FSA Cropland Estimates
Lot 1: 29.91 Cropland Acres
Lot 2: 67.57 Cropland Acres
Lot 3: 42.43 Cropland Acres
Lot 4: N/A
Buyer(s) will receive all cash rent payments for 2024. 1/3 of the payment will be credited at closing with 2/3 of the payment paid November 1, 2024. Buyer(s) will receive 2025 farming rights after fall 2024 harvest.
Buyer(s) Will Receive:
Lot 1: $6,243.60 Total // $2,081.20 credited at closing $4,162.40 paid November 1, 2024
Lot 2: $8,935.40 Total // $2,978.47 credited at closing $5,956.93 paid November 1, 2024
Lot 3: $14,340.50 Total // 4,780.17 credited at closing $9,560.33 paid November 1, 2024
Lot 4: $0
All bidding for Lots 1, 2, & 3 will be by the acre w/ Lot 4 being sold not by the acre rather as one total price.
The driveway (lane) that runs to the house will be owned by the purchaser of Lot 4; there is an easement that will be recorded which will allow for access on either side of the lane for the purchaser of Lot 3.
Seller: Maxfield Family Inc. 1 Lot 1 40 Taxable Acres 40 Acre Tract w/ Highway Access Location: ~3/4 Miles East of Beecher City, Illinois (Effingham County) FSA Cropland Estimates: 29.91 Cropland Acres Buyer will receive 2024 Cash Rent Payments $2081.20 Credited @ Closing $4162.40 Paid November 1, 20... 2 Lot 2 80 Taxable Acres 80 Acre Tract w/ County Road Access on 2 sides Location: ~1 Mile SouthWest of Beecher City, Illinois (Effingham County) FSA Cropland Estimates: 67.57 Cropland Acres Buyer will receive 2024 Cash Rent Payments $4,780.17 Credited @ Closing $9,560.33 ... 3 Lot 3 61.35 Taxable Acres 61.35 Acre Tract w/ County Road Access on 1 side Location: ~1 Mile SouthWest of Beecher City, Illinois (Effingham County) FSA Cropland Estimates: 42.43 Cropland Acres Buyer will receive 2024 Cash Rent Payments $2,978.47 Credited @ Closing $5956.93... 4 Lot 4 12.65 Surveyed Acres w/ House/Garage/Pond OPEN HOUSE --- LOT 4 Saturday, May 11 11am - 1pm Tuesday, May 14 4pm -6pm 12.65 Surveyed Acres w/ House/Pond/Garage Beautiful Home Site w/ older house, one of the nicest ponds around, and a detached garage. Location: ~1 Mile SouthWest of Beecher C... |
Auction License: 441.002552 |
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