Name | Barry & Shirley Essenpreis Farmland Auction |
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Auctioneer | Langham Auctioneers |
Type | Online-Only Auction |
Date(s) | 11/6/2019 - 11/30/2019 |
Internet only: Bid now through Saturday, November 30, 2019 at 6:00 PM (CST)THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. If you prefer to turn in an absentee bid in person, please call Ty at 618-267-8400 to make arrangements. | |
Preview Date/Time | Property Tours: Sunday, November 17, 2019 from 2-4 PM (CST) Thursday, November 21, 2019 from 2-4 PM (CST) or by Appointment. Call Ty Langham (618) 267-8400 |
Checkout Date/Time | Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay 10% nonrefundable of the bid price including a buyer premium of 4%. The balance will be due at the time of closing on or before Monday, December 30, 2019 at Community Title and Escrow in Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. A 4% buyer premium will be added to the final bid price. Bidding is not contingent upon financing. |
Location | All Bidding Activity is Online Only
Langham Auctioneers
Greenville, IL 62246 |
Buyer Premium | 4% Buyers Premium |
Description |
Online Only Farmland Auction
120.82 +/- Acres in Bond County, Illinois To Be Sold as One Tract.
Located in Northwest Quarter of Section 14 and the Southwest Quarter of Section 11 in T6N R4W Shoal Creek Township in Bond County, Illinois.
Property is located on the West Side of Reno, Illinois. Road Frontage along: Sorento Avenue, 16th Avenue and Ripson Bridge Avenues.
Property Tours:
Sunday, November 17, 2019 from 2-4 PM (CST)
Thursday, November 21, 2019 from 2-4 PM (CST)
or by Appointment. Call Ty Langham (618) 267-8400
Buyer assumes all terms and conditions of the CRP contract ending 9-30-2024.
Bond County Farm Service Agency reports that there are 10.1 Acres of CRP.
The Farm Sells free and clear of any tenant's rights.
Owner has the right to accept or reject any or all bids.
Bond County Property ID Numbers: 09-05-11-306-001 and 09-05-14-101-001
Owner: Shirley Essenpreis Trust; Deborah Kesner, Trustee.
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Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 1,000.00 USD |
Currency | USD |
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Buyer Premium | 4% Buyers Premium |
Payment Terms |
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay 10% nonrefundable of the bid price including a buyer premium of 4%. The balance will be due at the time of closing on or before Monday, December 30, 2019 at Community Title and Escrow in Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. A 4% buyer premium will be added to the final bid price. Bidding is not contingent upon financing. Buyer assumes all terms and conditions of the CRP contract.
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