Listings  -  Auction - May

3 Bedroom House w/ Basement on 3 Acres

ABSOLUTE AUCTION!

3 BR House with Basement on 3 Acres

704 W. Lincoln, Dix, Illinois

May 18, 9:00am

This Fixer Upper House is sitting in a most beautiful, quiet and peaceful location just north and west of Dix, Illinois. The house has 3 bedrooms, 1.5 baths,basement, a 1 car attached garage AND a 2 car detached garage. It sits on approx. 3 acres with a stocked pond just off to the north. Only 7 miles from Mt. Vernon and 70 miles from St. Louis. Carpet was removed to reveal hardwood floors in the living room, hallway and two bedrooms (the third bedroom also has hardwood flooring, but the carpet was not removed because of furniture)...the black spots seen in the photos are NOT MOLD. According to hardwood flooring company, this is very normal from carpet padding and can easily be sanded and remedied. An estimate for their professional services to restore floors can be found in bid packet.

 Seller says roof is only a few years old. We've run the air conditioner and heat and both are currently in working order.

 

AUCTION TERMS                                                                                                                                             704 W. Lincoln, Dix, IL

Sale Method: Property to be Sold at absolute auction

Survey: No survey is provided.

Possession: At closing

Taxes: Pro-rated to date of closing

Financing: Sale is NOT contingent on financing. Make arrangements prior to bidding. THIS MEANS ALL INSPECTIONS, APPRAISALS OR ANYTHING ELSE LENDER REQUIRES MUST BE DONE PRIOR TO BIDDING.

ONCE PROPERTY IS SOLD, WINNING BIDDER IS EXPECTED TO FOLLOW THROUGH OR LOSE EARNEST

MONEY. PLEASE BID ACCORDINGLY.

Registration: In order to bid, potential bidders must provide bank letter of guarantee or verification of funds and positive identification. Online bidders must register no later than 1 week prior to auction.

Buyers Premium: A 10% buyers premium will be added to highest bid to determine final contract price.

Earnest Money and Purchase agreement: Immediately following the close of bidding, the approved high bidder will deposit with Kim Duncan Auction & Realty $2,000.00 earnest money  and sign a purchase agreement with the seller. Balance due at closing no later than 45 days after signing of contract. In the even of default by the buyer, earnest money will NOT be refunded.

Conditions and Easements: Sale is subject to all easements, covenants, and restrictions on record.

Kim Duncan Auction & Realty and Kim Duncan Auctioneer are agents for the seller.

 

Disclaimer and Absence of Warranties

All information contained herein and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statement made. The property is being sold “AS IS-WHERE IS”. And no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information provided is believed to be true and accurate, but is subject to verification by all parties relying on it. No liability for its accuracy errors, or omissions is assumed by the auction company or its agents. 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 preclude any person from bidding if there is any question as to the person’s credentials, etc. All decisions of the auctioneer are final and all announcements made day of sale by the auctioneer take precedence over printed material or spoken information made prior to sale

ALL REAL ESTATE AUCTIONS CONDUCTED BY KIM DUNCAN AUCTION & REALTY ARE VIDEO RECORDED 1 HOUR PRIOR TO, DURING & AFTER AUCTION

 

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