40 +/– Acres, 40 +/– Tillable, Located in Sec 35, Ash Grove Township, Shelby County, IL. Soil PI is 110. Farming rights will be granted at closing.

PRIME SHELBY COUNTY FARMLAND - ZERO BUYER PREMIUM - FARMING RIGHTS GRANTED AT CLOSING!

Seller: Tony Kendall Jones

A survey will be conducted to determine the north and east boundary lines, and such lines will be marked around December 17, 2024. Schmid Auction will place flags on the approximate boundaries using GPS. The flags will not guarantee exact boundaries. Schmid Auction is not liable for any boundary errors.

The Adjoining Landowner (to the east) has 30 days to exercise their right of refusal of the high bid; meaning that such east adjoining landowner has 30 days to match the high bid, and if 30 days pass, the high bidder purchases the 40 acres. The high bidder will not pay the 10% down payment until the 30 days have passed without an objection from the east adjoining landowner. The remaining balance is then due at closing. Farming rights are granted at the closing. All seller’s mineral, oil, and gas titles, if any, will pass without warranty of title or title evidence. 

Purchase Price: The final bid price is multiplied by the total number of acres (here, 40) to determine the total cost of the acreage. The total amount will be included in the purchase agreement. 

Zero buyer premium! Title Company will hold the 10% down payment in escrow until closing!

THIS IS AN INTERNET ONLY AUCTION: Real Estate is sold as is, with all faults or flaws. Items sell with no warranty stated or implied. Any trouble bidding please call the auction company.

DYNAMIC CLOSING: The auction will begin closing Thursday Dec 19th @ 1pm When a bid is placed in the last 4 minutes of either tract closing 4 minutes will be added. Bid increments are $25.00. The final bid price will be multiplied x 40 Bidding is by the acre.

Rural Shelby County IL

Internet or bidding problems call the auction company immediately!!!!!

AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. Have financing in line! No refundable 10% down payment. Fraudulent bidders will be prosecuted to the fullest extent.

A bid is a binding contract!!  It is a crime to bid if a person does not have intentions of following through with the purchase. 

Final Bid price will be multiplied x 40!!

Real Estate bid increments are $25.00. If a person bids $10,000.00 and the lowest bid below is $9,000.00 it will put the bidders $9,025. 

Our system puts proxy bids in as a competitive bid. It does not put a proxy bid in as their high bid!

40 +/– Acres, 40 +/– Tillable, Located in Sec 35, Ash Grove Township, Shelby County, IL. Soil PI is 110. Farming rights will be granted at closing.

Terms & Conditions:  Real Estate is sold “As Is.” 10% of total purchase price is typically required as a down payment on the day of the sale. However, here, the 10% down payment will be due after the 30 days of the east adjoining landowner's right of refusal, unless such landowner objects and matches the high bid. The remaining balance is due at the closing, which is approximately 60 days after the sale. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. New owners will have farming rights at closing. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. It is the potential bidder’s responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.