REAL ESTATE TERMS

ONLINE ONLY BIDDING



PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY

IF YOU HAVE NOT READ AND UNDERSTOOD THESE TERMS, PLEASE 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 will be required to fully and correctly complete and properly sign without any modifications. The completed contract must be returned 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) elect to affirm this contractual agreement and enforce its specific performance or (c) 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 Bidder’s or Seller’s failure to fulfill any obligations and undertakings as set forth in this contractual agreement.



REAL ESTATE TERMS:

•BUYER’S PREMIUM: A 5% 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 Buyer’s 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: These images 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 in '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, Illinois or (b) tried in a court of jurisdiction in Montgomery County, Illinois at the discretion of both the Seller and Aumann Auctions, Inc.

ONLINE BIDDERS

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 username 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 website, you must obey any and all local state and federal laws. Violations will result in termination of website 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 AUMANN AUCTIONS, INC. AND THE SELLER AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE THE PROPERTY UNDER THESE TERMS AND CONDITIONS.

Estate of Wesley & Melinda Matthews
REAL ESTATE AUCTION | MECHANICSBURG, IL
TWO TRACTS • HOME • ACREAGE • OUTBUILDING

SALE ENDS: Tuesday, December 8 | 5:00 PM

OPEN HOUSE: Monday, November 30 | 1:00–4:00 PM

TWO TRACTS, MULTIPLE POSSIBILITIES!

Whether you're looking for a place to call home, additional acreage, or a property with room for hobbies, animals, and projects, this Mechanicsburg real estate auction offers an opportunity worth exploring!

The Estate of Wesley and Melinda Matthews features two adjoining tracts of real estate being offered at online auction. Tract 1 includes a single family home situated on approximately 1 acre, while Tract 2 offers 12.48 acres directly to the north, complete with an older barn.

Bid on the home, the acreage, or explore the opportunity to purchase both!

All real estate is being sold AS IS, and prospective bidders are strongly encouraged to attend the open house to inspect the properties prior to bidding.

TRACT 1 | SINGLE FAMILY HOME ON 1 ACRE

This is a 2 level home that offers a flexible floor plan, multiple living spaces, and plenty of room to make it your own!  The home features main level access with a walk-out basement.  The house has a forced-air furnace and central AC, but the age of both is unknown.  Water is from a well on the property.

Main Level Features:

• Kitchen with appliances included

• Living room

• 2 bedrooms

• Full bathroom

• Enclosed entryway front porch that opens to the living room

Lower Level Features:

• Family room with fireplace

• Multiple storage rooms or potential office spaces

• Half bathroom

• Laundry area with washer and dryer included

• Access to the attached garage

• Additional rear workroom

• Enclosed porch/sitting area off the family room

With its walk-out basement, enclosed porch, and combination of living and workspace, this property offers a variety of possibilities for its next owner.

PLEASE NOTE: This home was smoked in and is being sold strictly AS IS. It’s ready for someone to roll up their sleeves and bring fresh life to the spaces.  Room measurements and exact square footage will be provided as they become available. Buyers are encouraged to inspect the property thoroughly before bidding.

TRACT 1 PROPERTY DETAILS:

Parcel Identification Number (PIN): 24-14.0-100-004
Legal Description: 1A IN SW COR NE NW 14-15-3
2025 Real Estate Taxes: $2,747.96
Earnest Money Required: $5,000 due upon completion of the auction payable to Prairie Land Title Company.  Closing to happen within 45 days of final bid. 

TRACT 2 | 12.48 ACRES WITH BARN

Acreage, an existing barn, and room to explore the possibilities!

Located directly north of Tract 1, this rectangular 12.48-acre parcel offers additional land with an older barn already in place.

The barn features an enclosed area that was previously used to house horses, making this an interesting opportunity for buyers looking for acreage with an existing agricultural structure.

Property Highlights:

• 12.48 acres

• Rectangular parcel adjoining Tract 1 to the north

• Older barn with an enclosed area previously used for horses

• Barn and its existing contents included in the sale

Whether you're interested in expanding your property, exploring agricultural uses, or simply enjoying additional acreage, this tract deserves a closer look!

PLEASE NOTE: The barn, its contents, and the entire property are being sold AS IS. Buyers are encouraged to attend the open house and complete their own inspections and due diligence regarding the property's condition and intended use.

TRACT 2 PROPERTY DETAILS:

Parcel Identification Number (PIN): 24-14.0-100-029
Legal Description: PT W1/2 NE1/4 NW1/4 & PT E1/2 E1/2 NW1/4 NW1/4 14-15-3
2025 Real Estate Taxes: $239.74
Earnest Money Required: $5,000 due upon completion of the auction payable to Prairie Land Title Company.  Closing to happen within 45 days of final bid. 

IMPORTANT AUCTION INFORMATION

AUCTION ENDING: Tuesday, December 8 at 5:00 PM

OPEN HOUSE: Monday, November 30 from 1:00–4:00 PM

EARNEST MONEY: $5,000 per tract, due upon completion of the auction payable to Prairie Land Title Company.  Closing to happen within 45 days of final bid. 

PROPERTY CONDITION: Both tracts are being sold AS IS, with no guarantees or warranties regarding condition.

INSPECTIONS: We strongly encourage all interested bidders to attend the scheduled open house. This is your opportunity to walk the property, inspect the home and outbuildings, and become familiar with what you're bidding on.

DON'T MISS THIS OPPORTUNITY!

Two adjoining tracts, a home with multiple living areas, and over 12 acres of additional land with an existing barn — all offered through one online real estate auction!

Mark your calendar, attend the open house, and get ready to bid!

Kent Aumann, Auction Manager
217-620-8477