Recreational Land & Country Homestead Auction | Saturday, October 20, 2018 – 10 AM Central
Recreational Land & Country Homestead Auction
Edgar County, IL
53.23 +/- acres of Exceptional Hunting Woodlands & 3.418 +/- acres with Country Homestead Offered in 2 Tracts
Saturday, October 20, 2018 – 10 AM Central
Auction Location: Edgar County 4-H Building, 319 E. Elliot St., Paris, IL.
Directions to Auction Site: From the Courthouse Square in downtown Paris, travel north on Main St./IL Hwy. 1 for 12 blocks to Elliot St., turn east on Elliot St., the 4-H Building is on the north side of Elliot St.
Directions to Property: From Paris, IL travel north 8.5 miles on IL Hwy. 1 to CR 1960N, travel east 1.2 miles on CR 1960N (turns into CR 1950N at bridge) to property. Watch for signs.
Tract 1: 53.23 +/- acres located in Section 20 of Edgar (north) Township consisting of exceptional recreational woodlands & former pastureland. This tract offers exceptional Whitetail Deer & Turkey habitat and has the Brouilletts Creek running through the southwest and south portions of the parcel. Property also has an existing 480 sq. ft. vinyl sided cabin and an approximate 2,700 ft. gravel lane easement for ingress and egress from CR 1950N. Outstanding tract for promising future isolated country home building sites and/or the serious outdoorsman.
Tract 2: 3.418 +/- acres situated in Section 17 of Edgar (north) Township consisting of a 1,288 sq. ft. country home, a 46′x40′ metal pole barn and a old wooden corn crib with attached one car garage. The home offers 2-3 bedrooms, 1 bathroom, family room, kitchen, covered porch, vinyl siding, forced air heat and a full unfinished basement. This tract has excellent blacktop road frontage along the entire south boundary on CR 1950N. Great country location with many possibilities.
Property Inspection: Auction Company arranged on-site inspections of this property available by appointment. Please contact Auction Company at 217-465-4545. Individual on-site inspection by prospective buyers are permitted via foot traffic only. Please no motored vehicles.
Hunting Rights: Hunting rights are open for the 2018 season.
Auction Terms and Conditions
Auction Procedure: This property will be offered in two tracts. Each tract shall stand on its own merits and will not be combined with the other tract. Bidders will be able to bid on any tract at several different times during the auction resulting in highest total sale price. The final bid prices are subject to the Seller’s acceptance or rejection. The auction procedure, conduct and bid increments are at the direction and discretion of only the Auctioneer.
Down Payment: Ten percent (10%) down payment(s) on the day of the auction upon signing purchase agreement(s) immediately following the close of the auction. The down payment(s) can be paid by personal check, corporate check or cashier’s check. The remaining balance(s) will be due on or before November 20, 2018 at the closing(s) with delivery of deeds. Property is being sold subject to any easements or right of ways of public record. Bidders should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.
Possession: Buyer(s) will receive full possession at the time of closing(s).
Title: Seller will offer title insurance on the property being offered in the auction. The Seller shall pay any search and closing costs that are customarily associated for a seller. The Purchaser(s) shall pay closing costs that are customarily associated with a real estate purchase. Both the Seller and the Purchaser(s) shall each pay one-half (1/2) of the fees of the closing agent. Upon full receipt of the entire purchase price by Seller, Seller shall deliver to the Buyer(s) a Warranty Deed conveying title in and to the property to the Purchaser(s).
Real Estate Taxes: The Seller shall give the Buyer(s) a credit at the time of closing for the 2017 taxes paid in 2018, based upon the most recently ascertainable tax figure available at closing. Buyer will assume all real estate taxes payable in 2019 and thereafter.
Mineral Rights: Buyer(s) will receive mineral rights owned by the seller.
Legal Questions: Legal questions may be directed to attorney Richard Kash in Paris, IL. 217-465-4196
Agency: Moss Auction Team and their staff are exclusive agents for the Seller.
Auction Company Note: Announcements on Sale day take precedence over printed material or any other oral statement made.
Disclaimer and Absence of Warranties: The property is being sold on an “as is, where is, with all faults” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person’s credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.
Sellers: Deborah Allen & Phillip Bok
MOSS AUCTION TEAM, LLC
Paris, IL 217-465-4545
Matthew Moss IL lic.#440.000148