40 Acres, Cumberland County IL

Bidding is closed, property is sale pending.

Sealed Bid Submission Deadline: 5pm, May 26th.

+/- 19.84 Acres
Prime Development Site
Currently Zoned Residential

Property Address:
10950 HARRISON RD
OSCEOLA, IN.

Parcel State ID: 71-10-21-100-002.000-031 (19.84 Acres)
Real Estate Tax: $389.68
Part of the NW of section 21, T37N-R4E Penn TWP. St. Joseph County IN.

School District:
Penn-Harris-Madison School Corporation
Pen High School
Grissom Middle School
Elm Road Elementary School

Sealed Bid Submission Deadline: 5pm, May 26th.

For bid packet contact Auctioneer Travis Selby
IN Lic.# AU10700091
217.304.1686

Procedure:
Property will be offered as 1 individual tract of land.
Seller reserves the right to refuse any and all bids.
Seller is selling the property on an As-is, Where-is condition.
Bids must be submitted on the official offer to purchase provided by Ag Exchange.
Sealed Bid Submission Deadline: 5pm, May 26th.
Seller will accept or reject bids by 5pm, May 28th.
All bidders will be notified shortly thereafter.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Bid submission process:
Contact Travis Selby to request a bid packet.
217.304.1686

All interested parties are required to submit sealed bids on the purchase contract provided by Ag Exchange.
To be considered, all sealed bids must be submitted to Auctioneer, Travis Selby of Ag Exchange prior to 5pm, May 26th
via email or via US mail, mailed to:
Ag Exchange
Attention Travis Selby
27 E Liberty Lane
Danville, IL 61832

Down Payment: A 10% earnest money deposit of the total contract purchase price will be due 24 hrs after being declared the Buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place as soon as applicable closing documents are completed.
Anticipated closing date is on or before July 1st, 2020.
Possession: Possession will be given at closing.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a trustees deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance are available for review. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Seller shall pay all 2019 real estate taxes and drainage assessments due and payable in 2020. Buyer shall pay all 2020 payable 2021 taxes and assume any taxes and drainage assessments thereafter.
Survey: Seller shall not provide a survey, and the sale shall not be subject to a survey. Tract acreage is approximate and has been determined by deeds, legal description and aerial photographs.
Mineral Rights: The sale of the property shall include all mineral rights owned by the seller, if any.
Agency: Ag Exchange Inc. and its representatives are Exclusive Agents of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only.
Seller: Kathleen S. Masten, Trustee of THE WALTER R GARDNER REVOCABLE LIVING TRUST.