REAL ESTATE AUCTION
43 +/- ACRES
Richland County – Madison Township
TUESDAY SEPTEMBER 29, 2020 at 5:30PM
SELLER: DARREL SNIVELY
LOCATION: FROM THE INTERSECTION OF RT 50 & RT 130 IN OLNEY, IL GO APPROX. 7 MILES SOUTH ON RT 130
THEN TURN EAST ONTO ELBOW LANE & GO .4 OF A MILE AND PROPERTY IS ON THE SOUTH SIDE OF THE ROAD
Auction will be held at The Holiday, 1300 S West St, Olney, IL
FSA INFORMATION – FARMLAND: 41.14 CROPLAND: 31.18 CROP: SOYBEANS – BASE ACRES 29 PCL YIELD 38
This property is close to Route 130. It would make a great spot outside of the city to build your dream home!
Terms and Conditions: 10% down will be required on the day of auction and the balance will be due at closing. All successful bidders will be required to enter into a purchase agreement at the auction site. Seller will retain all the seller’s interest in the mineral rights. Seller will retain the proceeds of the 2020 crop year. Closing will be approximately 45 days. The auction is offered with reserve and is subject to seller confirmation. Earnest money is non-refundable and will be forfeited if buyer fails to close and complete the contract.
Absence of Warranties and Disclaimer: The property is being sold “As Is, Where Is”, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Auction Company. All acreages are approximate. Each bidder is responsible to perform their own due diligence concerning the property. Conducting the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons’ fitness or credentials. All decisions of the Auctioneer are final and all announcements made the day of the auction take precedence over printed material or any other oral statements made.
Auctioneer’s Notes: Please practice social distancing at auction site. Your participation is always appreciated!