51.53 + or – Acres Located in Section 14 Dry Point Township Shelby County, IL 43.25 Tillable Acres.…
Lot Number:1
Completed
Start Time:3/9/2024 6:00:00 AM
End Time:4/9/2024 6:56:00 PM
Bid Count:214
Winning Bidder:5****8
Starting Bid:$25.00/Acre
Bid Increment:$25.00
Current Bid:$9,025.00/Acre x 51.53 Acres= $465,058.25
51.53 Acres
Bidding complete

51.53 + or – Acres Located in Section 14 Dry Point Township Shelby County, IL 43.25 Tillable Acres. Farming rights granted after fall harvest 2024. Parcel # 0524-14-00-00-400-002 and 0524-14-00-400-006 New Owner will receive farming rights at the completion of Fall Harvest 2024 and receive a cash rent check of $6,135 on or before Nov. 1st, 2024. Soil PI 107.77 EJ Water and electricity!

No donations for this lot

Online Only Timed Auction – Tuesday April 9th @ 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 April 9th @ 1pm. 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 51.53.

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

 

51.53 + or – Acre Online Only Farmland (timed auction) Section 14 Dry Point Township.

 

Property is located south of Cowden IL and North of Beecher City IL on Rt. 128.

 

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

Schmid Auction will meet the successful buyer the following day to collect 10% down payment and get purchase agreement signed.

 

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

51.53 + or – Acres Located in Section 14 Dry Point Township Shelby County, IL 43.25 Tillable Acres. Farming rights granted after fall harvest 2024. Parcel # 0524-14-00-00-400-002 and 0524-14-00-400-006 New Owner will receive farming rights at the completion of Fall Harvest 2024 and receive a cash rent check of $6,135 on or before Nov. 1st, 2024. Soil PI 107.77 EJ Water and electricity!