Real Estate Auction | Saturday, November 22, 2014 – 10 AM Central
Real Estate Auction, 2 Exclusive Properties in Chrisman, IL
*1,360 sq. ft. 1.5 Story House with 3 Bedrooms, 3 Bathrooms, Partial Basement & Unattached Garage
*1,020 sq. ft. House with 2 Bedrooms, 1 Bathroom & 40′ x 28′ Building on Corner Lot
Saturday, November 22, 2014 – 10 AM Central
Auction Location: on site 221 South Ohio St., Chrisman, IL.
Property Descriptions: 414 North New York Street: approximately 1,360 sq. ft. of living space in a 1.5 story house sitting on a 90′ x 150′ lot. The home consists of 3 bedrooms, 3 bathrooms, large family room with gas fireplace, a dining room, kitchen, utility room, front enclosed porch, partial basement and beautiful 32′ x 32′ unattached garage. The house is equipment with central air conditioning, forced air gas furnace, gas water heater, recent new shingle roof and 200 AMP service. The property also includes a outdoor fire pit and an older storage building. 221 South Ohio Street: approximately 1,020 sq. ft. of living space house sitting on 75′ x 150′ corner lot. The home consists of 2 bedrooms, 1 bathroom, living room, large kitchen, front enclosed porch and a covered back deck. The house is equipment with gas water heater, gas furnace heater in the living room, some new windows and recent new shingle roof. This property also includes a 40′ x 28′ building that was used as a commercial car wash with two wash bays. One of the wash bays has in-floor heat tubes in the concrete. Also there is a working external coined operated car interior vacuum system. Property has privacy fence between the house and building.
Property Inspection: Contact Moss Auction Team at 217-465-4545 to schedule an appointment to view the properties.
Real Estate Taxes: The real estate taxes paid in 2014 were: 414 North New York Street: $1,417.36 property ID #11-03-26-477-016. 221 South Ohio Street: $756.50 property ID# 11-03-35-280-005
Note: These homes were built before 1978 and all prospective buyers have 10 days prior to auction for inspection of lead based paint. Buyer must sign a disclosure waiver the day of the auction. The disclosure waiver and pamphlet will be available for viewing before the auction.
Terms and Conditions: Down payment of $3,500.00 for 414 North New York Street and $2,500.00 for 221 South Ohio Street on the day of the auction upon signing a purchase agreement immediately following the close of the auction. The remaining balance will be due on or before December 22, 2014 at the closing with delivery of deed. Properties are being sold subject to any easements or right of ways of public record. Buyer(s) will receive full possession at the time of closing. Buyer(s) should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.
Acceptance of bid prices: The successful bidder(s) will be required to sign a purchase agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Seller’s acceptance or rejection.
Title: Seller will offer title insurance on the properties being offered in the auction.
Real Estate Taxes: The real estate taxes will be prorated to the time of closing. Buyer(s) will assume real estate taxes payable in 2015 and thereafter.
Closing: The closing will be coordinated through attorney Craig Smith’s office in Paris.
Legal Questions: Legal questions may be directed to attorney Craig Smith in Paris, IL. 217-465-6444
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” 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 inquiries 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 auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. 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.
Seller: Robert W. Hoult Sr. et al.
Auctioneer’s note: Two great homes with tons of potential.
MOSS AUCTION TEAM, LLC
Paris, IL 217-465-4545
Matt Moss IL lic.#440.000148