Online Only Auction
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Date(s)
8/4/2022 - 9/8/2022
AUCTIONEER INFORMATION
Bidding Notice:

Online Bidding Only


Information
Lot # 22
Group - Category Real Estate - Ag / Farm Land
Lead 9.77 surveyed acres, house and buildings
Description
9.77 surveyed acres, 3 bedroom 2 bath house with outbuildings. Open house dates: Sat. August 6, 2022 and Sunday August 21, 2022 from 2-4 PM. Real Estate is approx. 7 acres of pasture and 2.77 acres of yard and buildings. Pasture has white vinyl fence surrounding approx. two thirds of pasture. There are large shade trees and 2 apple trees. Real Estate is 1/4 mile off of township roads. A lane 25' wide will be sold with Real Estate and there will not be any easements attached to Real Estate. The property has a good well. The septic system is a septic tank with 2 leaching fields. Property does have a whole farm Generac generator that engages when power goes out. There is a 22' x 24' chicken house that has been insulated has electricity with wiring for electric heater, there are also to dog runs on back of building on concrete. Property also has a metal pole building 48' x 64' that is approx. 50 years old. Room sizes and information on house: Living room: 13' x 23' w/closets and window seat; Dining room: 13' x 13'6"; Kitchen/family room: 18'8" x 23' w/ventless gas fire place; Bedroom #1: 16'5" x 19'6" w/closet; Bedroom #2: 11'4" x12'6" w/closets; Bedroom #3: 9' x 39' this is an attic converted bed room w/large book shelves, cedar closet and large amount of storage that could be converted to closet space; Bathroom #1: 7'6" x 11'2" plus closet; Bathroom #2: 7'4" x 9'2" w/shower; possible utility room: 6'8" x 11'3" basement has been used as utility area, house does have a partial unfinished basement; Garage: 22' x 39' walls are insulated;. Kitchen has solid Oak cabinets made and installed by Brad Davis, kitchen and family room were added on approx. 25 yrs. ago. Kitchen appliances stay with the house and are approx. 4 years old. Flooring in kitchen/ family room and dining room new summer of 2022. Flooring in living room and bed room #1 new summer of 2022. Garage and office add on was approx. 23 years ago. For more information go to Terms and Conditions or call Ryan Jordan 217-825-3671
Name Glen and Susie Jordan Real Estate
Auctioneer
Type Online-Only Auction
Date(s) 8/4/2022 - 9/8/2022
Auction Date/Time Info
Thurs., Aug. 4, 6 PM - Thurs., Sept 8, 6:00 PM
Preview Date/Time Sat., Aug. 6 & Sun., Aug 21, 2-4 PM
Checkout Date/Time NA
Location
Buyer Premium Online Buyers Premium 5%
Description
Glen and Susie Jordan Online Only Real Estate Auction Real Estate is located at 1825 N. 1100 East Rd.. Assumption IL. Rural Township, Shelby County. Selling 9.77 surveyed acres, approx. 7 acres of pasture and 2.77 acres of yard and buildings. Real Estate has a 1 1/2 story house that has 3 bedrooms, 2 baths, dining room, living room, family room/kitchen combined, office, 22' x 39' attached garage and partial basement. There is a 48' x 64' metal pole shed and 22' x 24' insulated building with concrete dog run. Large shade tree's and 2 apple tree's. Generac generator - runs electricity on whole farm. REAL ESTATE VIEWING SATURDAY, AUGUST 6, 2022 and SUNDAY AUGUST 21, 2022 from 2 - 4 pm. Auction Starts: THURSDAY, AUGUST 4, 2022 at 12:00 pm Central Time. Auction Ends: THURSDAY, SEPTEMBER 8, 2022 at 6:00 pm Central Time. REAL ESTATE SELLS AS IS, WHERE IS, WITH NO WARRANTIES OR GAURANTEES BUYERS PREMIUM: 5% added to purchase price For questions or private showings contact Ryan Jordan 217-825-3671. DIRECTIONS: Go East from Assumption on 1200 N Road or Assumption-Findlay Blacktop- go approx. 5 1/2 miles to 1100 East Rd., turn South go 3 miles, turn West at white mailbox.
"ONLINE ONLY" BIDDING AUCTION TERMS AND CONDITION REGISTRATION: Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card is required to actually place a bid. The credit card will be validated before bidding access is granted. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid. BIDDING ONLINE: The only way Real Estate may be purchased is via online bidding during the published bidding period. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance (217-827-2599). To place a bid, bidders enter their "maximum" bid and click "Place Bid" button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount enter is less than the reserve, the system will place the bid at the max amount. Once the reserve is met, then the system will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The system will not advance a bidder's own bid. Online-only auctions utilize the "Soft Close" feature that automatically extends the bidding time if a bid is received in the last 3 minutes of the published bidding period. The extensions will continue until 3 minutes have lapsed without any bididng activity, at which time the auction is concluded. BUYER'S PREMIUM: A buyer's premium of 5 percent (5.00%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s). Please take this into consideration when bidding. FINANCING: Financing is not a contigency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close this transaction. AGENCY: Jordan Auction Service and its representatives are Exclusive Agents of the Seller. DISCLAIMERS AND ABSENCE OF WARRANTIES: The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an "AS IS", "WHERE IS" basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. BIDDER REPRESENTATION: Bidder represents and warrants the bidder is of legal age, has full legal capacity and authority to understand, execuite and deliver this bidder's statements and Real Estate Terms and Conditions on bidder's or any entity's behalf, if any. NOTICE: Jordan Auction Service reserves the right to bid on any and all items for the Sellers. NOTICE: Jordan Auction Service cannot be held liable for ransom or cyber attacks on the hibid platform. If for any reason the online platform were to to be suspended, Jordan Auction Service and the owners reserve the right to open the auctin back up or to start the aucion over. Closing will be scheduled for September 30, 2022 at the First Illinois Title Group office in Shelbyville, Illinois. Nancy Handegan, Attorney at Law will be handling all legal matter of this auction. Notice: Successful bidder will be required to sign a written contract and deposit $10,000 down as earnest money. Ernest money deposit will be held in First Illinois Title Group, Escrow Account. Successful bidder will be contacted by a represenitive of Jordan Auction Service after the completion of the auction to set up the time and place for signing of contract and collection of earnest money.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99,999.00 1,000.00 USD
99,999.01 - 174,999.00 500.00 USD
174,999.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium Online Buyers Premium 5%
Payment Terms
Closing will be scheduled for September 30, 2022 at First Illinois Title Group. Nancy Handegan, Attorney at Law will be handling all legal matter of this auction. Notice: Successful bidder will be required to sign a written contract and deposit $10,000 down as earnest money. Earnest money deposit will be held in First Illinois Title Group, Escrow Account. Successful bidder will be contacted by a represenitive of Jordan Auction Service after the completion of the auction. Real Estate winner will be contacted for payment arrangements at the conclusion of Auction. Any questions call Ryan Jordan (217) 825-3671.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.