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Floyd and Marilyn Dial Estate – No Reserve Real Estate Auction 3 Acres

2567 E 1600^th Ave. Altamont, IL 62411

Starts to Close Tuesday Oct. 7^th 5:00PM

3 + or – Acres, Pole Building 88’x42’pole building divided w/wall, concrete floor on both sides, 24’x48’ open ended pole building. (House is being sold as a tear down)

Mobile home set up ready. Beecher City Schools, 2 wells, septic, EJ Water available,

Located in Sec 16 Moccasin Township, Effingham County, IL

The house, buildings, and acreage collectively "property" is sold as is, meaning Schmid Auction and Seller are not liable for any and all damages after such property is sold. All structures on said property will remain standing. The sellers will not pay any portion of any expense for the destruction of a structure or structures. The purchaser of said property may, at their own expense, tear structure(s) down, remodel said structures, or whatever else purchaser desires to do to said structures.

One Money Bid – not by the acre. $2,360.44 are the 2024 taxes payable in 2025. Taxes will be prorated to the date of closing.

Zero buyer premium! Title Company will hold the 10% down payment in escrow until closing!

THIS IS AN INTERNET ONLY AUCTION: Real Estate is sold as is, with all faults or flaws. Items sell with no warranty stated or implied. Any trouble bidding please call the auction company.

DYNAMIC CLOSING: The auction will begin closing Tuesday October 7th @ 5pm. When a bid is placed in the last 3 minutes of either tract closing  minutes will be added. Bid increments are $100.00 The final bid price will be multiplied by x acreage in each tract.

When there is a bid with less than 3 minutes remaining 3 minutes will be added.

Internet or bidding problems call the auction company immediately!!!!!

AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. Have financing in line! No refundable 10% down payment. Fraudulent bidders will be prosecuted to the fullest extent.

A bid is a binding contract!!  It is a crime to bid if a person does not have intentions of following through with the purchase.

Real Estate is sold “As Is.” 10% down sale remainder due at closing approx. 30 days. Property will be sold in a manner resulting in the highest sale price with no reserve. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Schmid Auction is not responsible for accidents. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

Real Estate bid increments are $100.00. If a person bids $10,000.00 and the lowest bid below is $9,000.00 it will put the bidders $9,100.00.

Our system puts proxy bids in as a competitive bid. It does not put a proxy bid in as their high bid!