Tract 2

Lot Number:2
Completed
Start Time:3/3/2022 2:00:00 PM
End Time:4/29/2022 1:03:48 AM
Bid Count:0
Starting Bid:$276,000.00/acre
Bid Increment:$10.00
Current Bid:$0.00/acre x 276 acres
276 acres

276+- acres with 60+- acres tillable just South of the Cape bridge.  The tillable has a PI of 113. The balance is wooded and this tract has 1.79+- miles of river frontage just south of the Cape bridge. Also, a great hunting spot with cropland for income and a food supply for the Whitetail.

  • Taxes: Comingled with tillable tracts but ESTIMATED to be $4.00+- per acre.
  • Short Legal:  Pt. of Sections 13, 14, 23, 24, 25 and 26 in Township 14 South -Range 4 West, Alexander County IL.
  • Access:  Turn right (South) on Levee Road at the East end of the Cape bridge or access from Levee Road 3 miles South of the IL 146/Rt 3 intersection then North 3 ½ miles to the property.
No donations for this lot

432 acres wooded and tillable located just across the Mississippi River from Cape Girardeau Missouri. Good hunting less than 5 minutes from Cape.

NO BUYER'S PREMIUM.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. Have your financing verified before you bid.

PROCEDURE: Bidding Per Tract - $1000 Bid Increments.

ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.

REAL ESTATE TAXES: Pro-rated to day of closing.

SURVEY: Survey to be provided. Settlement Price/acres to be adjusted to match survey.

MINERAL: Any mineral owned will transfer, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 30 days or as soon thereafter as survey and applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing.

AGENCY: Buy A Farm Land & Auction Co LLC. is the Agent and Representative of the Seller.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is".

AUCTIONEER: Wayne Keller, Auctioneer IL Lic #441.002475 -- Managing Broker IL Lic #471.002958.

Hwy M
McClure , Illinois 62957
United States