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Auction Information

80.01 Acres - Land Auction for Jean Ann Sutton

Sun Oct 24 - TBA

Genczo Overhead Road, New Douglas, IL Click to Map

Dennis W Ahrens Auctioneer

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Auctioneer ID#: 50168

Phone: 6187791883

License: 040000763

***[email protected]*** 80.01 Acres in Madison County, Illinois FSA Indicates 77.09 Cropland Acres Two Parcels Selling as One Tract Consists of: Parcel 1: 08-1-05-02-00-000-007 - 13 Acres Parcel 2: 08-1-05-02-00-000-005.001 - 67.01 Acres Location Olive Township, 1 Mile East of I-55, Exit 41; then 1.6 miles South on Binney Station Road (which becomes Genczo Overhead Road). Located in Madison County, Illinois within the Staunton School District #6. Taxes Total 2020 Taxes: $1,311.32 Parcel 1 - $134.60 Parcel 2 - $1,176.72 Method & Terms * The land will sell on a price per acre basis based on the above indicated 80.01 acres. * Buyer's Premium of 3% to be added to the final bid price. * Within 24 hours of the close of the auction, the successful buyer will be required to enter into a written purchase agreement and pay five percent (5%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. * The balance of the purchase price will be due at closing, which will take place on or before Friday, November 26, 2021. * Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal or inspection of the property being sold. * The 2021 real estate takes, due and payable in 2022 will be paid by the seller as the seller has received the 2021 crop income. * The 2022 and all subsequent real estate taxes will be the responsibility of the new buyer. * Possession will be given upon the harvesting of the 2021 crops. * The information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. * All lines drawn on maps, photographs, drone video/prints, etc. are approximate. * Buyers should verify the information to their satisfaction. * There are no expressed or implied warranties pertaining to the property. * This real estate is being sold "as is." * Land sold subject to owners' confirmation.

1 - 80.01 Acres of Land 80.01 Acres FSA Indicates 77.09 Cropland Acres Two Parcels Selling as One Tract

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