Name 120 Acre Coles County Land Auction - W. Furry Farms LLC
Auctioneer Schmid Auction & Realty Co.
Type Online-Only Auction
Date(s) 7/28/2022 - 8/30/2022
DYNAMIC CLOSING: The auction will begin Tuesday, August 30th 1:00PM. The closing time will automatically extend an additional 5 minutes whenever a bid is placed within the last 5 minutes of the lot closing. Internet or bidding problems call the auction company ASAP.
Preview Date/Time Feel free to look at farm. Planted in soybeans. Well maintained land! Soybeans planted into cover crop!
Checkout Date/Time Auction company will meet with the seller by appointment to get contract signed and collect 10%. Down payment will be held at the title company in an escrow account.
Location Rural Coles County, IL
Mattoon, IL 61938
Buyer Premium 0% for real estate
Description
120 + or - Acres, 117.26 + or - FSA tillable acres, PI 131.8, tiled land tile map is on website, current crop belongs to farm tenant, farming rights granted after fall harvest 2022. Located in Section 11, Lafayette Township, Coles County, IL. Farm has road frontage on Rt. 316 located between Charleston and Mattoon, IL. At 1PM on August 30th every time there is a bid the auction will extend for 5 more minutes.
Auction Terms & Conditions 120 + or - Acres (Offered by the acre) Current crop belongs to farm tenant, farming rights granted after fall harvest 2022. No Buyer Premium THIS IS AN INTERNET ONLY AUCTION: Real Estate and all items sell as is, where is with all faults or flaws. Items sell with no warranty stated or implied. Most contents will be cleaned out of shed prior to closing. Property sold as is! DYNAMIC CLOSING: The auction will begin Tuesday, August 30th 1:00PM. The closing time will automatically extend an additional 5 minutes whenever a bid is placed within the last 5 minutes of the lot closing. Internet or bidding problems call the auction company ASAP. Auction company will meet with the seller by appointment to get contract signed and collect 10%. Down payment will be held at the title company in an escrow account. Example on bidding. If a person puts a bid of $1000.00 and the 2nd place bidder places a bid $800. It will raise the person with the high bid to $825.00. It will not automatically take a person to the highest bid they have submitted. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. No buyer's premium on the real estate auction. Each bidder will be screened. Imposters or an unqualified successful bidder will be prosecuted by the Illinois State Police. Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 25.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 25.00 USD
10,000.01 - 100,000.00 25.00 USD
100,000.01 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium 0% for real estate
Payment Terms
We will contact the winning bidder to meet and do paper work.
Auction company will meet with the seller by appointment to get contract signed and collect 10%. Down payment will be held at the title company in an escrow account.