Citizen State Bank Land Trust #40-18 Real Estate

Friday, December 16, 2022 | 11:00 AM Central

Auction closed.

Citizen State Bank Land Trust #40-18 Real Estate

Friday, December 16, 2022 | 11:00 AM Central

Auction closed.

Lena, IL

Description

Citizens State Bank Land Trust #40-18
Section 23 - Erin Township

Date: December 16, 2022 Time: 11:00 AM

Auction Location: Lena Community Building - 497 Lions Dr, Lena, IL 61048

Property Location: Heiter Rd, Lena IL - Stephenson County

** Once registered & approved with Proxibid, please contact Powers Auction Service: 608-439-5761, for bidding approval. **

**** There will be NO Buyer’s Premium on the purchase of this property.

155 +/- Acres Productive Farmland - Approx $12,000.00 Of Tile Work Done In The Last Couple Years

118 +/- Acres Productive Tillable Farm Land - 37 +/- Acres Of Woods, Waterways, Stream & Pasture

Soil Types: Derinda, Elroy, Shullsburg, Dorchester & St. Charles

Poroperty Location: 23-27N-6E
Property To Be Sold As 1 Parcel

Tax ID: 09-12-23-200-002 - 2021

Tax Amount: $2,240.80

Property Lease #1 - 97 Acres Of Tillable Is Currently Rented Until 02/28/2025 - 2023 Rented For $215.00 Per Acre, 2024 Rented For... Show more

Powers Auction Service

608-439-5760

Participation Requirements: Valid Credit Card required for bidding approval
Payment Options: Visa, MasterCard, Discover, American Express, Check, Wire Transfer, and Cash
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Payment Instructions: *** Once you register with Proxibid, you must contact Powers Auction Service: 608-439-5760 to be pre-approved for bidding *** *** There is NO Buyer’s Premium on the purchase of this property *** Payment Options: * Cash * ACH * Credit Card - Visa, MasterCard, Discover, American Express ALL card transactions are subject to a 4% Convenience Fee. * Wire Transfers are subject to $30.00 Wire Transfer Fee for all U.S. Transfers and $45 Wire Transfer Fee for all International Wires. * Checks with Certified Bank Letter of Approved Credit to be emailed to: powers3760@yahoo.com (Checks will be made out to Security First) Payment Instructions: * 10% Of Purchase Price Down Payment Due Auction Day via Wire Transfer Or ACH Payment - The 10% down-payment is NON-REFUNDABLE. The property is sold in AS-IS Condition without any contingencies. The Balance Will Be Due at Closing, On/Before Monday, January 16, 2023. Closing Will Be Held at Security First – Freeport, IL. Possession Will Be Given the New Owners Day of Formal Closing. 2022 Property Taxes Will Be Paid by Sellers & Retain all 2022 Rents. No Prorations of Taxes or Rents. *** All Announcements Made Day of Sale Will Take Precedence Over Written Terms And/or Advertisements. *** Please Call ahead for assistance: Jim Sullivan Realty: 815-266-8302 Or 815-947-9040 - Dan Powers: 608-214-3765
Currency Type: USD
Shipping Instructions: There is no shipping
Preview Date & Times: Today - December 16, 2022
Checkout Date & Times: December 16, 2022
Location: 497 Lions Drive, Lena, IL 61048
Driving Directions: Heiter Rd - Lena, IL | Stephenson County - Auction Held @ 497 Lions Dr, Lena, IL 61048

Special Terms

Auction will be held off site, at the Lena Community Building - 497 Lions Dr, Lena, IL 61048 There Is No Current Survey Done, The Property Will Be Sold On Taxable Acres

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155 +/- Acres Productive Farmland

Lot # 1 (Sale Order: 1 of 1)

Quantity: 155

118 +/- Tillable Acres 37 +/- Woods, Pasture, & Waterways Soil Types: Derinda, Elroy, Shullsburg, Dorchester, & St. Charles Property Location: 23-27N-6E PROPERT...more

$6,775.00 x 155 = $1,050,125.00 Total

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1.178.0.771.56c32e2.9.192

Bid Range	Increment
$0.01 - $0.24	$0.01
$0.25 - $0.49	$0.05
$0.50 - $0.99	$0.10
$1.00 - $4.99	$0.25
$5.00 - $9.99	$0.50
$10.00 - $24.99	$1.00
$25.00 - $99.99	$5.00
$100.00 - $249.99	$10.00
$250.00 - $499.99	$25.00
$500.00 - $999.99	$50.00
$1,000.00 - $4,999.99	$100.00
$5,000.00 - $24,999.99	$250.00
$25,000.00 - $49,999.99	$500.00
$50,000.00 - $99,999.99	$1,000.00
$100,000.00 - $249,999.99	$2,500.00
$250,000.00 - $999,999.99	$5,000.00
$1,000,000.00+	$10,000.00

Category

Selling Format

Citizen State Bank Land Trust #40-18 Real Estate

Citizen State Bank Land Trust #40-18 Real Estate

155 +/- Acres Productive Farmland