Lot# 1

Location: Stockton, IL

Closed on:

November 16, 2022 | 10:24AM CDT

High Bid $12,100
Bid Increments
Bids over 0 must be in 1 increments
Bids over 10 must be in 5 increments
Bids over 100 must be in 10 increments
Bids over 500 must be in 25 increments
Bids over 1,000 must be in 50 increments
Bids over 5,000 must be in 100 increments
Bids over 25,000 must be in 250 increments
Bids over 100,000 must be in 500 increments
Bids over 250,000 must be in 1,000 increments
Max Bid?
  • Maximum Bids may be placed any time before the Item closes
  • Bids are confidential and other bidders cannot see your max bid
  • Max Bids are executed by the automated bidding system on the bidders behalf
  • Max Bids may be increased at any time before the item closes.
  • You may NOT lower a max bid after it has been placed
  • Max Bids are executed on the order they have been placed.
    • If there are more than one max bids placed for the same amount the first max bid recorded will be executed
    • If a single bid is placed at the amount of a previously entered max bid, the max bid will have precedence and be executed at that amount
  • When Max Bids are placed on an item that has a reserve, the appropriate bid will be executed to meet the reserve.
    • If the Max Bid is not high enough to meet reserve the max bid will be executed and "Reserve Item" will be displayed.
  • Bidder may increase their max bid until the Reserve is met if they desire.
DESCRIPTION
Online Land Auction Jo Daviess County, IL
Wednesday, November 16, 2022

The Harold Zarn Estate

11347 E Chelsea Rd, Stockton, IL 61085 - Jo Daviess County

100 Acres +/- improved farm ground and building site

Bidders will place their bids on this lot on a PER ACRE BASIS, the winning bidder will be responsible for paying the final bid price x the total acres offered for sale (Ex. final bid of $8,000 x 100 Acres = $800,000).

Approximately 100 Acres including building site, all sells as 1 lot. Full possession for 2023.

Building Site & Improvements
House: Approx. 1,450 sq/ft - one story with unfinished basement, (3) bedrooms, (1) bath, no central air conditioning, baseboard electric heat, small front deck, lap siding, asphalt shingle roof.

Detached Garage: Approx. 500 sq/ft - (2) overhead doors and walk-in door, dirt floor.

Machine Shed: Approx. 1,900 sq/ft wood frame, metal clad building, (2) sets of sliding doors on the South and East sides, walk-in door.

Out Buildings: Approx. 250 sq/ft utility for storage, barn is approx. 1,600 sq/ft wood frame barn with hay loft and small attached shop area.

There is (1) well on the property and its own septic system.

Legal Description:
S13 T28N R4E S PT S 1/2 SW, & S24 T28N R4E NW & W 48 Acr. E 1/2 all in Jo Daviess County in separate adjoining sections. All property is contingent.

Real Estate Taxes 2021:
Approximately $3,200

Terms:
High bidder will enter into purchase agreement upon conclusion of the auction. a 10% earnest deposit to be placed with Title Services of Vincent, Roth, Toepfer & Leinen, P.C., by November 17, 2022, 5:00 p.m. CST. Balance of purchase price to be paid in full with certified funds upon closing and delivery of deed. Closing to take place on or before December 15, 2022. Title insurance and closing fees to be shared equally between Buyer and Seller. Seller to pay 2021 Real Estate taxes. 2022 and subsequent taxes are to be prorated. Full possession to be given upon closing. Sale of the property is not contingent upon ability of the Buyer to secure financing. 1.5% Buyer's Premium charged on overall total final bid amount. Final bid subject to the confirmation of Seller. The Property shall include all mineral and water rights owned by Seller, if any, privileges, right of ways, easements and restrictions of record. To the extent any and all mineral and water rights, privileges, rights of ways, easements and related rights applicable to the Property are conveyed, Broker makes no representations, warranties, or guarantees regarding such rights. Property and equipment is sold on "AS IS, WHERE IS" basis with no warranties or guarantees expressed or implied, made by the Broker, Auctioneer or Seller. No operational assessments have been made by DPA Auctions; it has been photographed ONLY. Agency: Steve Peterson, Doug Rickett, Paige Peterson are acting as Seller's limited agents and as such, solely represent the Seller in this transaction. We obtained the information above from sources we believe to be reliable. However, we make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Posted statements take precedence over prior information.



Notes:


DOCUMENTS

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Category: Land

LOCATION

Stockton, IL 61085

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Equipment Sold "AS IS, WHERE IS": All equipment/property is sold "AS IS, WHERE IS" with no warranty or guarantees, expressed or implied, No operational assessments have been made by DPA Auctions on this item, it has been photographed ONLY.