PROPERTY VIEWING: 10:00am-12:00Noon Friday, April 10th .
Unique 40-acre property featuring a home w/3 bedrooms, 3 full baths, three cabins, shed, one-acre pond, and wooded trails for hiking and hunting.
Start to close Wed. April 15th @ 5pm - no reserve online only auction
INCREDIBLE 1 OF A KIND PROPERTY!
selling by the tract not by the acre!!! $1,000.00 bid increments!
Across Airbnb and VRBO, 671 reviews average 4.9 stars over 10 years of hosting.
No Reserve Auction Online Only 1404 Sq. Ft. Home, 3 cabins, 40 acres border the Shawnee National Forest at a corner.
PROPERTY VIEWING: 10:00am-12:00Noon Friday, April 10th .
Start to close Wed. April 15th @ 5pm - no reserve online only auction
179 Rosebud Road, Golconda, IL 62938
PROPERTY VIEWING: 10:00am-12:00Noon Friday, April 10th .
INCOME PRODUCING PROPERTY - CLICK ON DOCUMENTS FOR PROPERTY CARDS AND DRAWINGS.
Online Only Real Estate Auction • April 15th 5:00PM auction begins to close.
40 acres border the Shawnee National Forest at a corner.
179 Rosebud Road, Golconda, IL 62938
House: 1404 Sq. Ft. home with full walkout basement, built in 2022, pine cathedral ceilings, open floor plan, kitchen w/island bar, Hickory cabinets
Parcel #11-1-18-144-007 Located in Sec. 18, Township 14, Range 6
Seller: Shawnee Pines Lodging
Cabin 1: 720 Sq. Ft. 1 ½ story cabin, wrap around front porch built in 2008, sleeps seven,
Cabin 2: Studio 560 Sq. Ft. 1 story, wraparound front porch & covered side porch, sleeps 6
Cabin 3: 615 Sq. Ft. 1 story sleeps 4, covered front & rear porch
Furniture: Photographs of the house depict it furnished; however, the property will be delivered vacant, with no furniture included. The cabins, in contrast, will remain partially furnished.
Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.
Bidding Method: Bidding is by the tract not by the acre. One money bid for the entire tract.
Bidding Increments: $1,000.00 bid increments.
Extended Bidding: Any bid placed when the bid is under 3 minutes an additional 3 minutes will be added.
Down Payment & Closing: A non-refundable down payment of $50,000.00 will be held in escrow at the title company in Metropolis, IL GIA Title & Abstract. The balance is due at closing, which occurs approximately 40 days after the auction. If the buyer cannot close within 40 days, the seller will receive the $50,000.00 held in escrow. Forty days is considered a reasonable period for closing, so buyers should have their financing arranged in advance.
Purchase Agreement: Successful bidders must sign agreements on Thursday April 16th in person or via DocuSign.
Condition and Agency: The property is sold “As Is.” Buyers are encouraged to perform their own inspections and due diligence. Maps, brochures, and field markers are approximate and intended for guidance only. The seller will complete a residential disclosure form, which will be available for bidders to review. A Radon Disclosure form will also be completed by the seller. The auction sale is not contingent upon a home inspection or the sale of another property. Schmid Auction represents the seller exclusively; no commission will be shared with other brokers or auctioneers.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.