120 +/- ACRES – Estate of Luella Densmore
120 +/- ACRES
Edwards County Land – Shelby Township
Thursday, November 17th at 5:00pm
Auction will be held at the Parkersburg Community Building, Parkersburg, IL
Seller: Estate of Luella Densmore
Location: 2187 IL Route 130, West Salem, IL. From the West Salem crossroads go
3.4 miles north on Route 130 to Tracts 1 & 2. Turn west onto County
Road 2150 N to Tracts 3 & 4. Signs will be posted.
Offered in 5 Tracts
Tract 1 is 5 +/- Acres with approximately 3 +/- tillable – Includes a House & Building
Tract 2 is 35 +/- Acres with approximately 24 +/- tillable
Tract 3 is 40 +/- Acres with approximately 32 +/- tillable
Tract 4 is 40 +/- Acres with approximately 40 +/- tillable
Combination of Tracts 1 & 2
Terms and Conditions
A down payment of 5% 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. Buyers will receive possession of property at closing and after the removal of the 2022 crop. 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. The buyers will receive the sellers’ interest in the mineral rights. Survey costs will be split 50/50 between seller & buyers if needed, for each tract requiring division.
Absence of Warranties & Disclaimer
All information contained in this brochure, and related marketing materials, are subject to the terms & conditions contained in the Purchase Contract & Addendums. The property is being sold “As 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 any & all announcements made day of the auction take precedence over printed material or any other oral statements made.