THIS IS A COMPLETED SALE
View current listings by this company
View current listings by this company
02 10 - 03 05 2018 Lincoln Properties
Previous Page Listing ID#: 61716
Auction Location |
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Lincoln, IL 62656 |
Auction Dates and Times |
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Bidding Starts: Saturday Feb 10 Bidding Ends: Monday Mar 5 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Martin Auction Services, L.L.C. Website: www.martinauction.com GoToAuction.com ID#: 3532 View company information and listings |
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Listing Terms and Conditions |
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Auction Date & Location: Martin Auction Services, L.L.C. (“Auctioneer”) will offer the property for sale at online auction, the property listed in this brochure. The Auctioneer will represent the Seller at this event, bidding will open on February 5th and begin to close at Noon, CST, on March 5th 2018. This auction will take place on –line.
Bidder Registration: All bidders will be required to register to bid. A deposit of $250.00 will be due to Martin Auction Services, L.L.C. to be eligible to bid on a property, this will be a refundable deposit if you are not the winning bidder, or it will be credited toward the deposit if you are the winning bidder. The $250.00 will serve as confirmation that a bidder is bonified. This amount will serve as a portion of the final deposit payment which must be raised to 10% of the final bid price within 24 hours after bidding is closed.
Auction Procedures: Conduct of the auction will be the sole discretion of the Auctioneer. The Auctioneer has the right to reject any bids and will be the final authority as to the bidding increments. Auctioneer reserves the right and authority to eject any bidder from the auction for any reasonable grounds deemed appropriate by the Auctioneer. Documentation made by the Auction Company before the auction closes will supersede any prior written or oral information. Bidders agree and understand that any property may be removed from the auction at any time by the Seller.
Real Estate Sales Contract: The property is offered for sale on and subject to the terms and conditions contained in the Real Estate Sales Contract. A copy of the contract may be found on-line at www.martinauction.com or one may be obtained from the Auctioneer prior to the auction for review. The terms of the Sales Contract supersede any conflicting terms of sale contained herein. Bidders and their attorney should review the sales contract prior to the auction.
Winning Bidder:
Each winning bidder will be required to
A.) place a down-payment equal to the designated amount in the form of a check or wire transfer to the Auctioneer, and
B.) enter into a Sales Contract with the seller for the prospective property. Closing of the auction will occur within 30 days of the auction, unless otherwise mutually agreed upon by the Seller and Bidder. A title policy will be provided to the successful bidder at closing.
C.) Taxes on the property will be pro-rated to the date of closing.
D.) a 4% buyers premium is to be paid to the auction company at the closing by the Buyer.
Financing: This property is not contingent upon the Purchaser's ability to obtain financing. If a buyer is unable to obtain financing for a given property, the bidder understands that they will forfeit their total deposit.
Additional Information: Supporting property information is available from the Auction Company prior to the Auction. All data is believed to be correct but is subject to bidder verification. All items are subject to the terms found within the Real Estate Contract. Information contained within this brochure, any bidder information packages or the website has been obtained from the Seller and other sources deemed to be reliable. However, neither the Seller, Auctioneer nor their agents make any representations or warranties as to the accuracy or completeness of this information. Each prospective bidder must undertake and rely on his or her own investigation of the property.
Exclusion of Property: Martin Auction Services, L.L.C. and the Seller reserves the right to withdraw any property before or during the auction, and to sell any property prior to the auction without notice.
Additional Conditions: Seller and Auctioneer reserve the absolute right in their sole discretion to amend these procedures, terms and conditions at or before the auction. To the extent there is any conflict between the provisions of these procedures, terms and conditions as set forth herein and in any Sales Contract, the terms of the Contract shall govern.
Auctioneer has the right, in his sole discretion to postpone, or cancel the auction in whole or in part and to modify or add any terms and conditions of the auction and to announce/ document such modifications or additional terms and conditions prior to or during the auction.
All bidders acknowledge that the Auctioneer does NOT have an ownership interest in the property and therefore all bidders acknowledge that the Auctioneer is NOT responsible for any actions or inactions by the Seller regarding the Sellers obligations under the Sales Contract.
Except as expressly stated in this document, these procedures, terms and conditions do not create any legal obligations on auctioneer or the seller. If auctioneer or the seller fails to comply with any of these procedures, terms and conditions for any reason, neither the auctioneer nor the seller shall have any liability or obligation whatsoever. These procedures, terms and conditions nevertheless are binding upon and must be complied with by any person or entity submitting a bid. The Seller will be bound only by the provisions of the actual Sales Contract as and when executed and delivered by each party thereto.
The winning bidder agrees to make their deposit, pay for the property and execute the contract provided and do so within the time parameters discussed in the terms and conditions.
All properties are on a month to month lease and would require a 30 day notice to vacate.
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Listing Information |
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Auction Date & Location: Martin Auction Services, L.L.C. (“Auctioneer”) will offer the property for sale at online auction, the property listed in this brochure. The Auctioneer will represent the Seller at this event, bidding will open on February 5th and begin to close at Noon, CST, on March 5th 2018. This auction will take place on –line.
Real Estate Sales Contract: The property is offered for sale on and subject to the terms and conditions contained in the Real Estate Sales Contract. A copy of the contract may be found on-line at www.martinauction.com or one may be obtained from the Auctioneer prior to the auction for review. The terms of the Sales Contract supersede any conflicting terms of sale contained herein. Bidders and their attorney should review the sales contract prior to the auction.
Winning Bidder:
Each winning bidder will be required to
A.) place a down-payment equal to the designated amount in the form of a check or wire transfer to the Auctioneer, and
B.) enter into a Sales Contract with the seller for the prospective property. Closing of the auction will occur within 30 days of the auction, unless otherwise mutually agreed upon by the Seller and Bidder. A title policy will be provided to the successful bidder at closing.
C.) Taxes on the property will be pro-rated to the date of closing.
D.) a 4% buyers premium is to be paid to the auction company at the closing by the Buyer.
Financing: This property is not contingent upon the Purchaser's ability to obtain financing. If a buyer is unable to obtain financing for a given property, the bidder understands that they will forfeit their total deposit.
Additional Information: Supporting property information is available from the Auction Company prior to the Auction. All data is believed to be correct but is subject to bidder verification. All items are subject to the terms found within the Real Estate Contract. Information contained within this brochure, any bidder information packages or the website has been obtained from the Seller and other sources deemed to be reliable. However, neither the Seller, Auctioneer nor their agents make any representations or warranties as to the accuracy or completeness of this information. Each prospective bidder must undertake and rely on his or her own investigation of the property.
1 411 N Madison Legal Description: Tax ID: 12-645-212-00 Tax Year: 2016 payable 2017 Current Taxes: $1,238.38 -------------------------------------------------------- Site information Lot Size: Zoning: Street: Asphault Curbs: Full concrete / no sidewalk Gutters: ... 2 1422 N Kickapoo Legal Description: Tax ID: 08-319-001-00 Tax Year: 2016 payable2017 Current Taxes: $1,208.08 -------------------------------------------------------- Site information Lot Size: Zoning: Street: Asphault Curbs: front full Gutters: none Alley: asphault... 3 217 5th st Legal Description: Tax ID: 12-305-004-00 Tax Year: 2016 payable 2017 Current Taxes: $822.06 -------------------------------------------------------- Site information Lot Size: Zoning: Street: asphault Curbs: front Gutters: no Alley: asphault Ext. Lig... 4 736 Bryan Legal Description: Tax ID: 08-430-008-00 Tax Year: 2016 Payable 2017 Current Taxes: $1,921.46 *back taxes* -------------------------------------------------------- Site information Lot Size: Zoning: Street: Asphault Curbs: none Gutters: Alley: none... 5 319 E Adams Legal Description: Tax ID: 12-537-003-00 Tax Year: 2016 payable 2017 Current Taxes: $1,207.68 -------------------------------------------------------- Site information Lot Size: Zoning: Street: asphault Curbs: full Gutters: full Alley: none Ext. Ligh... 6 1407 Mclean Legal Description: Tax ID: 08-319-009-00 Tax Year: 2016 payable 2017 Current Taxes: $1,368.44 -------------------------------------------------------- Site information Lot Size: Zoning: Street: Asphault Curbs: no Gutters: none Alley: asphault Ext. L... 7 656 4th St Legal Description: Tax ID: 12-355-137-50 Tax Year: 2016 payable 2017 Current Taxes: $1,221.10 ------------------------------------------------------------------------ Site information Street: Concrete/asphault Curbs: Full Gutters: yes Ally: Ext. Lig... 8 654 4th Street Legal Description: Tax ID: 12-355-137-00 Tax Year: 2016 payable 2017 Current Taxes: $1,036.94 -------------------------------------------------------- Site information Lot Size: Zoning: Street: asphualt Curbs: full Gutters: yes Alley: asphault Ext. L... 9 455 8th Street 455 8th Street, Lincoln, IL Tax ID: 12-345-006-50 Current Taxes: $1,116.55 Lot Size: 30’ x 80’ Zoning: Site Features & Slope: n/a Approximate Square footage: 660 s.f. Basement: dirt floor Room Count Total: 5 Flooring: Wood Walls: Plaster / ... |
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