ONLINE FARMSTEAD/FARMLAND AUCTION - Wayne County IL 40 Acres - 2 Tracts

ONLINE FARMSTEAD/FARMLAND AUCTION - Wayne County IL 40 Acres - 2 Tracts Bidding Opens THURSDAY, SEPTEMBER 17, 2026 / Bidding Closes THURSDAY, OCTOBER 1, 2026 at 8pm CST (Soft Close) Property Inspections: SATURDAY, AUGUST 29, 2026 - 4 to 6pm OR By Appointment - Call/Text Auctioneer Don Bailey - 618-919-1031 Property Address: 190 Co Rd 425N, Wayne City IL 62895 Tract #1 - 33+/- Acres 25+/- acres is mostly fenced-in with barbed wire, would take more fencing to completely close it in. It has been exceptionally good producing ground with high fertility from manure. Approximately 7 acres wooded with good size creek running through (Four Mile Creek). Tract #2 - 7+/- Acres Cattle lots and grain bins 40 x 120 cattle building, 35' on the north end open for equipment and hay storage, next 35' cattle working area, south 50' cattle pen used for fattening. 12,000 sq. ft. fattening pen included. 50 x 40 under roof. 3 ton Smithley feeder included plus 2 auto waters. Maximum capacity at 50 head. Approximately 1.75 acres pen to the west of cattle barn. 1 automatic water needs a little fence work along the south side and around grain bin. Approximately 1.2 acres pen south and east of cattle barn. Water hydrant by fence. 9 rings, 30-foot grain bin, used bin with 2 new bottom rings, new drying floor, new concrete pad in August of 2025. 13,500 bushel capacity. 28-inch high flow fan, power sweep auger, 8-inch unloading auger. Approximately 13,500 bushel total capacity. 7 rings, 27-foot grain bin, good used older grain bin with drying floor, 24-inch fan, 8-inch unloading auger. Approximately 9,500 bushel capacity. 18-ton cone bin. 24 x 40 older rough lumber building on concrete foundation with red metal exterior walls and white roof. A small storage building with well pump, controls in one end. 6-inch PVC casing well. 3 energy-free cattle waters in lots. PROCEDURE: Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements 24 hours in advance of Auction closing. Bidding will be on a PER TRACT basis – Flat Bidding – Not eBay style. Minimum bid increments of $1000 or more, per bid per tract. BIDDING OPENS THURSDAY, SEPTEMBER 17, 2026, and will be available until 8:00 PM CST THURSDAY, OCTOBER 1, 2026, subject to bid extensions (Soft Close). At 7:30 PM combo bidding will be enabled. At this time you may bid on multiple tracts at once or keep bidding on single tracts. TERMS & CONDITIONS NO BUYER'S PREMIUM. SALE SUBJECT TO CONFIRMATION OF SELLER(S). NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. REAL ESTATE TAXES: Pro-rated to day of closing. SURVEY: Survey will be completed if sold to as separate Tracts to separate buyers. MINERAL: All oil, gas and minerals owned by sellers will convey to buyers. Present ownership is unknown. Sellers believe they own most, if not all, but does not guarantee to own any. Sellers shall not be held responsible for mineral search; mineral search shall be at the expense of buyers should they desire a search. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Policy and a deed conveying merchantable title to the real estate to the Buyer(s) and tax transfer stamps. Buyer will pay the deed recording, and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer and Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as survey and applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: At closing subject to 2026 crop harvest. AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co LLC All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is". AUCTIONEER: Donald Bailey, IL Lic #441.002325, 618-919-1031.