Fayette County, IL iAuction Terms & Conditions 

1. Procedure: Bidding ends Wednesday, June 26, 2024 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract. Tract 1 bidding will be by the Lump Sum! Tract 2 bidding will be by the Acre!    

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price. 

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, June 27, 2024 (hand delivered, faxed, electronic signature or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 

5. BIDDING: Once submitted, a bid cannot be retracted.  

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, August 1, 2024. 

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.  

10. REAL ESTATE TAXES: The 2023 Real Estate taxes to be paid for by the Sellers. The 2024 Real Estate taxes to be paid by the Buyers.   

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are 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. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale. 

Fayette County, IL Real Estate for Sale at iAuction – Rensing Farm 

Preview Day Saturday, June 15^th 9AM to 12PM.  

Bidding Ends Wednesday, June 26^th at 10AM.  

Tucked back off the road on one of the highest points in Fayette County you will find the Rensing property! This is truly a one-of-a-kind location for just about everything outdoors!!  Located approximately 8 miles SW of Vandalia and only a mile north of the Carlyle Lake State Fish and Wildlife Area!  Not only is the area known for its premier waterfowl hunting but the deer and turkey hunting in this location is some of the best around!! Not to mention you are only minutes from Carlyle Lake! This property consists of 40.14 acres and will be offered in two tracts.  

Tract 1 is the amazing home and huge outbuilding that sit on 9.73 surveyed acres.  It was built in 2004 and intentionally set on the top of this timbered ridge to take advantage of the breathtaking sunsets and view.  From your living room, bedroom or wrap around deck you can look out across the property to enjoy all the wildlife.  It boasts over 4,500 sq ft of living space with one of the most amazing great rooms and master suites I have ever seen.  With 4 bedrooms, 3 bathrooms, 2 full kitchens and the walk out basement there is plenty of room for you and your guests! 

Outside you will find a 60’ x 140’ outbuilding, it includes a 40’ x 50’ shop area with concrete floors, heat and a bathroom all set up with a large beam across the middle rated for 5 ton and a vehicle lift.  The remaining 80’ x 90’ area is used currently as boat and camper storage and could easily generate around $10,000 in annual income!  The building also has a 20’ x 60’ lean to one side with a concrete floor and 14 ft garage door that was used to store a motorhome.  The property also has another smaller building that was used as a dog kennel.  

Tract 2 consists of 30.41 surveyed acres of mainly timber and productive crop land.  There is approximately 13 acres of tillable land that would be perfect for food plots or to generate additional income.  There is also a small pond on the south end of the farm.  The deer and turkey hunting in this area is excellent and with the fingers extending out into the ag fields and the large ridge there are plenty of places to set up on a buck no matter the wind direction! 

The Rensing property has been put together with hunting and recreation in mind!!  It is accessed via a deeded easement and truly offers everything you could think of as a sportsman.  Come take a look at the property for yourself, you will be glad you did! 

Located about an hour from St. Louis, 3 hours from Indianapolis, and 4 hours from Chicago.  

For more information call or text Scott Athmer 618-830-6192.