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3 Bedroom 1 Bath Home in Lenzburg, IL
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Lot Number:1
Completed
Start Time:3/11/2020 9:00:00 PM
End Time:3/28/2020 3:00:00 PM
Bid Count:21
Winning User:5****6
Starting Bid:$1.00
Bid Increment:$250.00
Current Bid:$12,750.00
Reserve not met

Property Detail: 4 bedroom, 1 bath, 1200 square foot, brick home with an attached one-car garage and full basement on a large lot (200 x 125) in Lenzburg IL. The home features a wood fireplace, electric stove, electric hot water heater and a 2005 HVAC - gas furnace. Under the carpeting there are hardwood floors, and there is a second bathroom plumbed in the basement. A small portable shed on the lot stays with the property. Property is in the Marissa School District.

Parcel Number: 20-12.0-211-004

Legal Description: Deed to Govern

 Agent Comments:  This property was used as a church parsonage and was tax exempt, therefore there will be no tax proration. County will need to assess for taxes. Property will be sold "AS IS" and Property Disclosures are available. The home needs some TLC but could be a fantastic home.

Home Description:  Room Sizes:

  • Living room 26'-0" x 12'-9"
  • Dining Room 12'-5" x 9'-11"
  • Kitchen 9'-7" x 12' 5 "
  • Front Foyer 5'-11" x 4'-6"
  • Master Bedroom 12'-3" x 11'-10"
  • Bedroom 9'-10" x 8'-11"
  • Bedroom 12'-4" x 10'-4"
  • Bedroom 9'-0 x 9'-5"

ONLINE ONLY RESIDENTIAL AUCTION!

Extended 1 Week - Bidding ends 3/28/20 @ 10AM

For Property at: 10 Church St, Lenzburg, IL

Property Viewing: By appointment.

Final Bidding has been extended to 10am Saturday, March 28th.

Property Detail: 4 bedroom, 1 bath, 1200 square foot, brick home with an attached one-car garage and full basement on a large lot (200 x 125) in Lenzburg IL. The home features a wood fireplace, electric stove, electric hot water heater and a 2005 HVAC - gas furnace. Under the carpeting there are hardwood floors, and there is a second bathroom plumbed in the basement. A small portable shed on the lot stays with the property. Property is in the Marissa School District.

 

Bidding information:  Seller reserves the right to accept or reject the high bid. Auction company reserves the right to bid.

Inspection: Property is selling in “AS-IS” condition & all inspections should be done prior to bidding. This is not contingent on inspections.

Registration: Proper and complete registration is required to bid. All bidders must provide name, address, phone number and email address to register. A registered online bidder will then be qualified by the auctioneer to continue; bidder will be asked for a copy of state-issued ID and must be at least 18 years of age.  Credit card verification is required to bid online. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price.  Deposit must be wired by the close of business next day.  Credit card will not be charged unless Winning Bidder fails to complete the contract signing process and required wiring, then $1000 will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.  Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Online bidders must be verified 24 hours in advance of the live auction. Buyer should register as early as possible to obtain information about the properties and increase the likelihood of being notified of any pertinent changes that take place before the auction.

Contract: Accepted winning bidder must sign in person or electronically the auction sales contract immediately after the sale. Inspection waiver is part of the contract.

Earnest Money:  Within 48 hours of close of bidding, the approved high bidder will deposit a non-refundable payment due of 10% down  - deposited with Town & Country Title Company. Any stop payment order of a check, or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.

Closing: On or before April 28th, 2020.

Closing Cost: Buyer shall pay the purchase price, plus any closing costs, and any applicable taxes. The closing costs may include but are not limited to, the following: escrow/closing fees, recording fees, normal pro-rations and/or document fees.

Taxes: There will be no tax proration. County will need to assess for taxes.

Possession:  At closing

Financing: Your bidding is not conditional on financing, make arrangements before bidding. Not contingent on appraisal.

Survey: No current survey.  Will be sold by legal description on the current deed. 

Broker Co-Broke: Offered – 2.5 % -  The broker must register the bidder prior to any registration or bidding by the represented party.  IF registered bidder is the accepted winning bidder, then the sponsoring broker will be paid 2.5 % at closing when it closes.   By registering a bidder, the broker understands that the bidder is in agreement with the terms of the auction and if the accepted high bidder, the bidder will have to sign an auction sales agreement at the close of the auction.


DISCLAIMER AND ABSENCE OF WARRANTIES: Subject to prior sale. Subject to all easements, covenants, and restrictions on record. All information contained herein, and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her independent inspections, investigations, inquiries and due diligence concerning the property. The figures, estimates, and drawings of acreages and boundary lines in the printed material or on the website are approximate and are not guaranteed. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions.


It is the responsibility of each bidder to make sure that the Auctioneer is aware of his or her intent to place a bid. Auctioneer disclaims any liability for damages, whether direct, indirect, consequential, or incidental, resulting from bids not spotted, executed, or accepted. Bidders should also be careful to bid on the correct item and ensure that his/her bid is for the amount intended. Auctioneer is not responsible for errors in bidding, and Buyer hereby releases the Auctioneer and waives any claims for bidding errors. The sale is complete when the Auctioneer so announces in a customary manner. The auctioneer is not responsible for errors in the internet connection or the functioning of the computer system at that time.  


Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The seller and auction company reserve the right to disqualify or refuse any bid from the person if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final, and all announcements made through the online bidding system and day of the sale by the Auctioneer will take precedence over printed or spoken information made prior.   Property Peddler Inc. and their agents work for the Seller.


Auctioneer:  Brad Chandler - Auctioneer - IL Lic # 441.002105
Contact Information: 618-791-3289 email: brad@propertypeddler.com
Broker License held with Property Peddler Inc - Lic # 475.162275

10 Church Street
Lenzburg, Illinois 62255
United States
Contact: Brad Chandler
Phone: (618) 791-3289