Combined 199.8 ac +/- Selling In 6 SEPARATE TRACTS
INCOME PRODUCING/FARMLAND/HUNTING/INVESTMENT OPPORTUNITY/HOMESITES
HUNTER'S PARADISE - JUST OUTSIDE OF TOWN!!!
+/-199.8 ac Decatur, IL / MACON COUNTY, IL on 1880 N. Elizabeth St. Decatur, IL 32522
CONVENIENT Online Only Bidding OPEN NOW!
BIDDING ENDS Wed. Dec. 15, 2021 at 6:00PM CST With Extended Bidding
Personal Inspections Are Encouraged At Any Time
ACTIVE Hunting on property 11/18/2021-12/15/2021
These properties provide easy access and a hard to find true-investment-opportunity. Bid on just one or any combination of these investment properties. Check out the CRP income of over $300+ per enrolled acre! Approximate CRP acreages are listed with each tract. There is a map of approximate tillable acreages and the CRP contracts in the Documents tab of the website. Buyer will assume the CRP contracts under full terms and income.
Please note: Although tracts 1, 2, 3, 4, 5, and 6 are currently subject to a combined Hunting Lease that generates a $5,500 annual return. The terms of the lease state that this Lease terminates if /when the property is sold.
TRACT 1: Approximately 25 +/- acres with 22.75 +/- tillable/CRP. This is a part of tax parcel 04-12-05-351-003. This tract is inside the Decatur city limits and is zoned Single Family Residence. Ingress and Egress is from Elizabeth Rd. for this property. City water and sewer are available on this tract opening up future possibilities for subdividing home sites.
The majority of this tract is tillable. The tillable acreage in this tract is in CRP. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
2020 taxes on the tax parcel 04-12-05-351-003 that includes Tracts 1, 2, and 3 were approximately $21.11 per acre annually. This information is given to potential buyers to approximate future taxes on this acreage. Decatur #61 School District.
Note: Tracts 1, 2, and 3 are part of a total 117.867 ac tax parcel. If there is only 1 buyer for all three tracts (1, 2, and 3) in this single tax parcel (04-12-05-351-003), there will not be an additional survey before closing and the property will convey with the current survey in place. Only if this tax parcel is divided between 2 or more buyers will there be a survey after the auction and prior to closing at the expense of the Seller. Tract sold subject to easement on the north end to Tract 3. The tax parcel division lines, any flagging, and acreage approximations are estimates and our attempt to describe and delineate a reasonable property division. If they are, in fact, sold to separate buyers, any adjustments/corrections by a surveyor afterward will be made prior to closing. Price per acre will be stipulated by the bid and adjustments will be made based on any slight changes to acreage.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
TRACT 2: 35 +/- acres with 24.75 +/- tillable/CRP. This is a part of tax parcel 04-12-05-351-003. This tract is inside the Decatur city limits and is zoned Single Family Residence. Ingress and Egress is from Elizabeth Rd. to the West or Center Rd. from the south. This corner tract has an old farmstead/home area/ notch removed along Center Rd. as seen on the tract map. The homestead is NOT included with Tract 2. City water and sewer are available on this tract opening up future possibilities for subdividing home sites.
The majority of this tract is tillable. The tillable acreage in this tract is in CRP. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
2020 taxes on the tax parcel 04-12-05-351-003 that includes Tracts 1, 2, and 3 were approximately $21.11 per acre annually. This information is given to potential buyers to approximate future taxes on this acreage. Decatur #61 School District.
Please Note: Tracts 1, 2, and 3 are part of a total 117.867ac tax parcel. If there is only 1 buyer for all three tracts (1, 2, and 3) in this single tax parcel (04-12-05-351-003), there will not be an additional survey before closing and the property will convey with the current survey in place. Only if this tax parcel is divided between 2 or more buyers will there be a survey after the auction and prior to closing. The tax parcel division lines, any flagging, and acreage approximations are estimates and our attempt to describe and delineate a reasonable property division. If they are, in fact, sold to separate buyers, any adjustments/corrections by a surveyor afterward will be made prior to closing. Price per acre will be stipulated by the bid and adjustments will be made based on any slight changes to acreage.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
TRACT 3: 57 +/- acres with 11 +/- tillable/CRP. This is a part of tax parcel 04-12-05-351-003. This tract is inside the Decatur city limits and is zoned Single Family Residence. Ingress and Egress for Tract 3 is from a recorded easement with a good lane off Elizabeth Rd. that enters the property in the northeast corner with a small easement through Tract 1.
The tillable acreage in this tract is in CRP. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
2020 taxes on the tax parcel 04-12-05-351-003 that includes Tracts 1, 2, and 3 were approximately $21.11 per acre annually. This information is given to potential buyers to approximate future taxes on this acreage. Decatur #61 School District.
Please Note: Tracts 1, 2, and 3 are part of a total 117.867ac tax parcel. If there is only 1 buyer for all three tracts (1, 2, and 3) in this single tax parcel (04-12-05-351-003), there will not be an additional survey before closing and the property will convey with the current survey in place. Only if this tax parcel is divided between 2 or more buyers will there be a survey after the auction and prior to closing. The tax parcel division lines, any flagging, and acreage approximations are estimates and our attempt to describe and delineate a reasonable property division. If they are, in fact, sold to separate buyers, any adjustments/corrections by a surveyor afterward will be made prior to closing. Price per acre will be stipulated by the bid and adjustments will be made based on any slight changes to acreage.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
TRACT 4: 25 +/- acres with 4 +/- tillable/CRP. This is the northern ½ of tax parcel 04-12-05-401-002. This tract is outside of the Decatur city limits and zoned A-1 agricultural. The tillable acreage is in the CRP program. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
Tract 4 has only a small area of powerline easement in the SW corner of this tract. Ingress and Egress for Tract 3 is from a recorded easement with a good lane off Elizabeth Rd. that enters the property in the northwest corner.
2020 taxes on this entire 49.999 acre tax parcel were $6.41 per acre or $320.44. This information is given to potential buyers to approximate future taxes on this acreage. Warrensburg Latham #11 School District.
Please Note: Tracts 4 and 5 are part of a total 49.999 ac tax parcel. If there is only 1 buyer for both of these tracts (4 AND 5) in this single tax parcel (04-12-05-401-002)), there will not be an additional survey before closing and the property will convey with the current survey in place. Only if this tax parcel is divided between 2 different buyers will there be a survey after the auction and prior to closing. The tax parcel division lines, any flagging, and acreage approximations are estimates and our attempt to describe and delineate a reasonable property division. If they are, in fact, sold to separate buyers, any adjustments/corrections by a surveyor afterward will be made prior to closing. Price per acre will be stipulated by the bid and adjustments will be made based on any slight changes to acreage.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
TRACT 5: 25 +/- acres with 3.72 +/- tillable/CRP. This is the southern ½ of tax parcel 04-12-05-401-002. This tract is outside of the Decatur city limits and zoned A-1 agricultural. The tillable acreage in this tract is in the CRP program. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
Ingress and egress is through a recorded easement that enters the tract in the northwest corner coming from Tract 5. It also has a powerline easement running diagonally across the tract from the SW corner to the NE corner.
2020 taxes on this entire 49.999 acre tax parcel were $6.41 per acre or $320.44. This information is given to potential buyers to approximate future taxes on this acreage. Warrensburg Latham #11 School District.
Please Note: Tracts 4 and 5 are part of a total 49.999 ac tax parcel. If there is only 1 buyer for both of these tracts (4 AND 5) in this single tax parcel (04-12-05-401-002)), there will not be an additional survey before closing and the property will convey with the current survey in place. Only if this tax parcel is divided between 2 different buyers will there be a survey performed by the Seller and at the Seller’s expense after the auction and prior to closing. The tax parcel division lines, any flagging, and acreage approximations are estimates and our attempt to describe and delineate a reasonable property division. Bidders should perform their own due diligence on these tracts. If they are, in fact, sold to separate buyers, any adjustments/corrections by a surveyor afterward will be made prior to closing. Price per acre will be stipulated by the bid and adjustments will be made based on any slight changes to acreage.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
TRACT 6: Total 31.93 +/- acres with 4.66 +/- tillable/CRP combined 2 tax parcels inside city limits including 04-12-08-126-001is +/- 31.801 acres and 04-12-08-176-004is +/- 0.130 acres
2020 taxes on these combined tax parcels were $348.14. This information is given to potential buyers to approximate future taxes on this acreage. Decatur #61 School District.
The tillable acreage in this tract of a total +/- 31.93 acres is in a CRP program. This program pays an average of $302.43 per tillable acre and it expires on September 30, 2026. This payment for 2021 will be prorated to the date of closing between the Seller and the Buyer. Please see the CRP contract in the “DOCUMENTS” tab on the main AUCTION INFO page.
Tract 6 has easy access as it fronts Center Street. It connects to Decatur Park District land to the East and has a creek/low area running through it toward the East side. Except for the North West quadrant of this tract, the rest is in the floodplain. Please see all information regarding taxes for BOTH tax parcels included in this combined Tract.
Tract 6 has a powerline easement running through the NW quadrant of this tract. There is an easement to the Decatur Park District for a bike bath that is on the edge of this property. That easement is posted in the Document tab of this website.
$10,000.00 Earnest Money Deposit will be payable by check or wire transfer to accompany the signed contract by the winning bidder and held as a credit to the Buyer. Closing is on or before 30 days from the date of the auction.
Maps, Tax Information and a copy of the Hunting Lease are available in the Documents Tab of this website.
4% Buyer’s Premium will be added to the bid price to determine the purchase price of the property.
Properties will be sold with convenient online only auction. If a bid is placed on ANY tract in this auction in the last 5 minutes of the auction, all tracts will be extended by 5 minutes. This allows for all bidders to have the option to bid on any group of tracts and average the bid price per acre according to their needs. The auction will end only after no bids have been placed on ANY tract for a period of 5 minutes.
This acreage is being sold BY THE ACRE, multiplied by the number of acres in that tract for the total purchase price. Earnest money is applied to each tract individually. Therefore, if buying more than one tract, earnest monies for each tract will be required. Acreages and measurements are approximate and should be subject to bidder's own due diligence.
If tracts 1, 2, and 3 sell to separate buyers, there will be a survey performed at the seller's expense of those tracts affected. If tracts 1, 2, and 3 sell to one buyer, there will be no survey performed.
If tracts 4 and 5 sell to separate buyers, there will be a survey performed at the seller's expense of those tracts affected. If tracts 4 and 5 sell to one buyer, there will be no survey performed.
Tract 6 is 2 combined tax parcels. There will be no additional survey performed on this combined tract.
PRIOR TO BIDDING ON ANY PROPERTY
IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS
DO NOT BID
BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE PROPERTY UNDER THE FOLLOWING TERMS AND CONDITIONS:
UPON CONCLUSION OF THE AUCTION: The Winning Bidder will be emailed a Real Estate Contract to print and required to fully and correctly complete and properly sign without any modifications and return the completed, signed contract to Aumann Auctions, Inc. by email, fax, certified mail or delivered in person by 4:00 PM of the day following the auction. Along with the completed, signed contract, the Winning Bidder will be required to send the specified non-refundable earnest money deposit as stated in the property description. This non-refundable earnest money deposit will be held in escrow until closing and that amount will then be credited to the Buyer as part of the purchase price of the property. Wire transfer instructions and escrow agreement forms will be provided to the Buyer along with the contract after the auction. Purchaser shall be responsible for all wire transfer fees.
Successful bidder not executing and returning the completed contract and earnest money deposit by 4:00 PM the day after the auction will be considered in default. Such default by the Successful Bidder will result in that Bidder’s liability to both the Seller and Aumann Auctions, Inc. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the property either publicly or privately with Aumann Auctions, Inc. and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding costs of the property, the expenses of both sales, legal and incidental damages of both the Seller and Aumann Auctions, Inc. In addition, Aumann Auctions, Inc. also reserves the right to recover any damages separately from the breach of the Buyer.
Both the Successful Bidder and Seller shall indemnify Aumann Auctions, Inc. for and hold harmless Aumann Auctions, Inc. from any costs, losses, liabilities, or expenses, including attorney fees resulting from Aumann Auctions, Inc. being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.
REAL ESTATE TERMS:
• BUYER’S PREMIUM: A 4% Buyer’s Premium will be added to the winning bid to determine the total purchase price of the property.
• DATE OF CLOSING: The closing will take place within 30 days from the date of the auction and as specified in the Contract for Sale of Real Estate. All taxes will be prorated to the day of closing.
• NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyers financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.
• TITLE: Buyer is entitled to and the Seller will provide clear, insurable title for property upon full payment.
• 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.
• AERIAL PHOTOS, Images and Drawings: are for illustration purposes only and not surveyed boundary lines unless specified.
• AGENCY: Aumann Auctions, Inc. is the Agent and Representative of the Seller.
• CONDITION OF PROPERTY: Property is sold 'AS IS, WHERE IS' condition. Aumann Auctions, Inc, the Sellers nor their representatives, agents, or employees make express or implied warranties or representations of any kind. Each potential bidder is responsible for
conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property prior to bidding on the subject property. All information presented in the brochure, website, and all other mediums is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors, or omissions is assumed by the Seller, Aumann Auctions, Inc. or their Agents or Representatives. Buyer and or
Bidder agrees to hold harmless and indemnify Aumann Auctions, Inc. and their Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
• DISCLAIMER: All information included herein was derived from sources believed to be correct, but is not guaranteed. NEW DATA, CORRECTIONS, and CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
• DISPUTES: Any dispute between Aumann Auctions, Inc or the Sellers or their Agents or Representatives and the Buyer(s) will be (a) arbitrated in Montgomery County, IL or (b) tried in a court of jurisdiction in Montgomery County, Illinois at the discretion of both the Seller and Aumann Auctions, Inc.
BIDDING AND REGISTRATION INFORMATION
BIDDER VERIFICATION: Bidding rights are provisional, and if identity verification is questionable, Aumann Auctions, Inc. has the right to reject the registration, and bidding activity will be terminated. The Seller and Aumann Auctions, Inc. reserve the right to preclude any person from
bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Aumann Auctions, Inc. or in their sole opinion detrimental to Bidding Activity, then Aumann Auctions, Inc. reserves the right to delete the bidder from bidding or unilaterally change the username with notification to the Bidder. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
MAXIMUM BID: When you bid your maximum bid, the current bid price does not automatically advance to your maximum bid. Another bidder has to bid to increase the current price and the computer will automatically bid up to your maximum in the increments specified.
AUCTION END TIMES: Aumann Auctions, Inc. online only auctions are timed events and all bidding will close at specified time. However, our auctions also have what is called an 'Auto Extend' feature. Any bid placed within the final 5 minutes of an auction results in the auction automatically extending 5 additional minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes. Therefore, the auction will not close until all bidding parties are satisfied and no one can be outbid at the last seconds without having another opportunity to bid again.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Aumann Auctions, Inc. reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software, nor Aumann Auctions, Inc. shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
CONDUCT OF THE AUCTION: Conduct of the auction and increments of bidding are at the direction and discretion of Aumann Auctions, Inc. Aumann Auctions, Inc. reserves the right to reject any and all bids for any reason and also reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding. All decisions of Aumann Auctions are final.
YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOURSELF AND BOTH THE SELLER AND AUMANN AUCTIONS, INC. AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE THE PROPERTY UNDER THE TERMS AND CONDITIONS OF THIS AUCTION.