View current listings by this company
30 Acre Online Only Auction Iuka, ILLINOIS
Listing ID#: 889485
| Sale Location |
|---|
|
Iuka, IL 62849 |
| Sale Dates and Times |
|---|
|
Bidding Starts: Friday Aug 14, 9:00 AM Bidding Ends: Wednesday Aug 26, 6:00 PM |
| Sale Type |
|---|
 Online Auction
VIEW ONLINE CATALOG |
| Company Information |
|---|
|
Schmid Auction & Realty Co. Contact: Trent Schmid Phone: 217-857-1507 Email: sold@schmidauction.com Website: www.schmidauction.com/ EstateSale.com ID#: 8468 View company information and listings |
Free Email Notifications
Sign up for the EstateSale.com email notifications and we will let you know about sales in your area! You may set up alerts by area (zip and radius), keywords, and by company. It is FREE and only takes a few seconds to sign up.
| Listing Information |
|---|
|
www.bidschmid.com or click on green box view online auction catalog. Prime 30 Acre Land Auction –Online Only Marion County, IL Wed, August 26th @ 6:00PM (Timed Online Auction) 30 + or – acres located in Sec 16, 23.68 + or – tillable acres remainder wooded. Located in Iuka Township, Marion County, IL Soil Productivity Index 99.6, Excellent deer hunting and turkey land. In 2026, the new owner will receive no cash rent or crop share. The new owner will take possession of the tillable land at closing, subject to harvest, and will receive possession of the wooded land at closing, provided that access to the wooded land does not damage any standing crop. Road Frontage on Bottom Rd. just a few miles from Iuka, IL Seller: Thomas A. and Cynthia Vahling 2017 Living Trust
Bidding will be conducted by the acre, with the final purchase price calculated by multiplying the winning bid by 30 acres. Any future survey will not affect the purchase price
Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence. Auction: Property subject to seller conformation. Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres which is 30. The Purchase agreement will reflect the total tract price (not per-acre price). Bidding Increments: $25.00 per acre. Extended Bidding: Any bid placed in the final 3 minutes will extend bidding on by 3 minutes. Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow the title company. Purchase Agreement: Successful bidders must sign purchase agreements on Thursday, Augst 27th (in person or via DocuSign). Crops & Possession: The current farm tenant retains rights to the 2026 crop. Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only. Announcements: Auction day announcements take precedence over printed materials. Liability: Schmid Auction is not responsible for accidents.
|
|
Photo Gallery
|
|||||
|---|---|---|---|---|---|
|
|||||
Share This Listing
Other Sales by
This Company
Sep 1 - Sep 21Kinmundy, IL
Sep 8
Teutopolis, IL
Sep 9
Teutopolis, IL
Sep 15
Greenup, IL
Sep 15
Stewardson, IL
View all listings
