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15.25 & 3.81 +/- Acres of Agricultural Land Online Only
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Ad Id: 1248868 |
| Posted By: |
Alex Belcher of Buncombe, IL (item located in Gorham, IL) |
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Category: | Real Estate/Land |
| Member Since: | June 6, 2018 |
Date Posted: | January 29 |
| Account Type: | Classic |
Date Modified: | |
| Phone: | Please login to see phone number. |
Ad Expiration: | February 28 |  | |
Land Online Only Auction - Jackson County & Union County, Illinois
15.25 & 3.81 +/- Acres of Agricultural Land
Auction Begins to End: February 25, 2025, Tuesday 2:00 PM
Properties Location:
TBD Lovers Lane, Gorham, IL 62940 37°45'03.3"N 89°28'52.1"W 37.750906, -89.481130
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TBD N State Route 3, Ware (Jonesboro), IL 62952 37°27'17.5"N 89°23'52.1"W 37.454862, -89.397808
To Bid or for More Information Please Visit www.ollisauction.com
Two tracts of land in southern Illinois are being offered through an online-only auction on Tuesday, February 25, 2025, beginning to end at 2:00 PM.
The first property is a 15.75-acre tract in Jackson County, Illinois, featuring Jacob Silt Loam and Booker Silt Clay soils with a Corn Suitability Rating of 120. This land has been used for crop production, including corn and soybeans.
The second property is a 3.81-acre wooded tract in Union County, Illinois, with Ware Loam soils. This parcel has not been farmed, offering a variety of potential uses.
Jackson County
Parcel Tax ID Number: 13-18-200-013
Acreage: 15.75 +/- Acres
Tillable Land: Approximately 15.25 +/- Acres per FSA records
FSA Information:
Farm Number: 4813
Total Farmland: 15.25 +/- Acres
Total Cropland: 15.25 +/- Acres
ARC County: Corn and Soybeans
PLC Eligible: None
Union County
Parcel Tax ID Number: 11-24-07-032-Z1
Acreage: 3.81 +/- Acres (Has access from Route 3)
Seller: Randall Myers
Abbreviated Auction Terms & Conditions:
• Bidding Process: The two properties will be offered individually through online-only bidding.
• Registration: Bidders must register online at www.ollisauction.com.
• Down Payment: Non-refundable earnest money deposits are required within 24 hours of the auction's close: $5,000 for the Gorham property and $1,000 for the Jonesboro property.
• Closing Date: On or before April 8, 2025.
• Buyer’s Premium: A 10% Buyer’s Premium will be added to the high bid to establish the final contract price.
• Possession and Title: Seller will provide an owner’s policy of title insurance and execute a general warranty deed.
• Real Estate Taxes: The seller will provide a credit on the closing statement for 2024 and prorated 2025 taxes.
• Mineral Rights: All mineral rights owned by the seller will be included.
• As-Is Sale: Properties are sold on an “AS IS, WHERE IS” basis, without warranties or guarantees.
• Tenant Rights: have been quieted, and possession will be granted upon closing.
For more information, to review the Real Estate Purchase Contract, and to register for the auction, visit our website or contact our office.
Why use Joe Ollis Real Estate & Auction, LLC? Our standards for conducting an auction are simply higher, and the marketplace has responded, allowing us to be the leader in getting properties sold and closed. For property owners who are serious about selling—who wish to maximize their returns while reducing the time, risk and frustration of trying to sell through a traditional approach—our customized individual owner services are a perfect fit. Joe Ollies Real Estate & Auction, LLC will customize and execute a results-oriented auction marketing campaign that maximizes exposure and creates active competition for the purchase of your property. This results not only in full and current market value, but also preserves opportunities for the greatest price, while limiting risk of lower price. Individual sellers also benefit from the convenience of controlled viewings, standardized terms and conditions of sale, and a known sale and closing date. Our experience is broad-based, allowing us to bring together the necessary resources for a successful sale of practically any type of real, as well as personal property. For more information, please go to www.ollisauction.com and allow us the privilege to add your name to our growing lists of satisfied clients.
www.ollisauction.com
400 New Hope Road, Buncombe, IL 62912
Office: 618-833-2227 or 618-996-2884 Toll Free: 800-272-9791
Email: ollis@ollisauction.com
Joe Ollis Auction Service, LLC IL. Lic # 444.000380
Information Herein Believed to Be Accurate but Not Warranted
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