40 + or – Acre Cumberland County Online Only Land Auction – Spring 2024 Farming Rights!

Lot Number:1
Completed
Start Time:2/26/2024 6:00:00 AM
End Time:3/26/2024 6:04:00 PM
Bid Count:209
Winning Bidder:5****0
Starting Bid:$25.00/Acre
Bid Increment:$25.00
Current Bid:$10,750.00/Acre x 40 Acres= $430,000.00
40 Acres
Bidding complete

40 + or – Acre Cumberland County Online Only Land Auction – Spring 2024 Farming Rights!

267 Co. Rd. 2200E Greenup, IL 62428

Directions: South of Greenup, IL on IL Hwy 130 turn east on 200N Hazel Dell Rd 5 miles or of Rt. 49 go west on Hazel Dell Rd 2 miles.  Then north on 2200E a ½ mile.

40 + or – Acres Prime Cumberland County Farmland! Immediate farming rights! Land offered by the acre.  Final bid price x 40. Online Timed Auction. Soil Productivity Index 120.2 Located in Sec 22, Crooked Creek Township Cumberland County, IL

Whenever there is a bid anytime @ 1pm on Tuesday, March 26th the auction will be extended 4 more minutes. minutes. Land is offered by the acre. The high bid will be multiplied by 40 acres. Such number will be put in the purchase agreement.

All of seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.

Such number will be put in the purchase agreement.

Cumberland County, Illinois (IL035)

Map Unit Symbol

Map Unit Name

 

Percent of AOI

12A

Wynoose silt loam, 0 to 2 percent slopes

 

0.0%

50

Virden silt loam, 0 to 2 percent slopes

 

6.3%

109A

Racoon silt loam, 0 to 2 percent slopes

 

53.1%

138

Shiloh silty clay loam

 

1.1%

218A

Newberry silt loam, 0 to 2 percent slopes

 

39.4%

Totals for Area of Interest

 

100.0%

 

Seller: Corey Chapman

Terms & Conditions:  Real Estate is sold “As Is.” 10% down sale remainder due at closing approx. 40 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at the auction site. It is the potential bidder’s responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

 

 

There are no bids for the lot at this time

No donations for this lot

40 + or – Acres Prime Cumberland County Farmland! Immediate farming rights! Land offered by the acre.  Final bid price x 40. Online Timed Auction. Soil Productivity Index 120.2 Located in Sec 22, Crooked Creek Township Cumberland County, IL

Zero Buyer Premium!

Online Only Timed Auction – Tuesday March 26th @ 1pm auction begins to close!

ZERO BUYER PREMIUM

 

THIS IS AN INTERNET ONLY AUCTION: Real Estate as is, where is with all faults or flaws. Items sell with no warranty stated or implied. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

 

DYNAMIC CLOSING: The auction will begin to close on Tuesday March 26th. The closing time will automatically extend an additional 4 minutes whenever a bid is placed within the last 4 minutes of the TRACT CLOSING. Bidding is by the acre. The final bid price of each tract will be multiplied by the acres 40.

Internet or bidding problems call the auction company immediately!!!!!

 

Example on bidding. If a person puts a bid of $1000.00 and the 2nd place bidder places a bid of $800. It will raise the person with the highest bid to $825.00 It will not automatically take a person to the highest bid they have submitted. $25 dollar bid increments.

 

AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. Zero buyer premium. Schmid Auction must be approved of by all bidders. After registering call Schmid Auction for approval. Fraudulent bids will not be tolerated, and it is a felony.

 

When there is a bid on an item it will extend for 4 minutes.

 

Bid Increments: $25 a bid. FINAL BID PRICE MULTIPLIED X 40 ACRES

 

40 + or – Acre Online Only Farmland (timed auction)

 

Property is located south of Greenup IL

 

All of seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.

Terms & Conditions:  Real Estate is sold “As Is.” 10% down sale remainder due at closing approx. 30 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Buyer or buyers will have immediate farming rights. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at the auction site. It is the potential bidder’s responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

 

 

 

 

Illinois
United States