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Ikerd Estate - Hancock County Illinois
Real Estate Auction
Home Sold For $21,250
Online Only Auction!
Auctioneer’s Note: Due to unforeseen circumstances beyond Steffes Group’s control, the Ikerd Estate home will be offered in this online only auction.
Auction Opens: Wednesday, June 6th
Auction Closes: Wednesday, June 20, 2018 at 4:00 PM
Viewing will be by appointment only.
TWO STORY HOME ON CORNER LOT
Take a look at this spacious two story home with 1,888 sq. ft. of living space on two levels and was built in 1890. The main level features a kitchen with refrigerator & electric stove, spacious living room with updated carpet and an adjoining bedroom with washer/dryer hookups and updated carpet. Also on the main level is an updated handicap accessible bathroom, located off of the kitchen.
The open stairway leads to the upstairs, where there are two bedrooms and a bath. The basement has a gas forced air furnace and water heater. The attached breezeway has a workshop area which attaches to the single car garage. The garage also has a storage room. All situated on a 75’x123’ corner lot.
Included: Refrigerator, Stove, Window air conditioner units
Real Estate Taxes
Gross/Net: the property has qualified for senior exemption prior to 2018.
TERMS: 20% down payment on June 20, 2018. Balance due at closing with a projected date of July 27, 2018. Personal check or cash is acceptable for down payment; balance shall be paid by cash, certified check or wire transfer. Full possession will be given at the time of closing. Title Insurance in the full amount of the purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller. The 2018 real estate taxes, due and payable in 2019, will be prorated to the date of possession. Following the auction of the real estate, the successful buyer shall enter into a written contract with the seller. Said contract will be available for review prior to the close of the auction.
SPECIAL PROVISIONS:
~ This online auction will have a 10% buyer’s premium, capped at a $1,000 max. This means the buyer’s premium in the amount of ten percent (10%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
~ Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
~ Any announcements made the day of sale take precedence over advertising.
Owner: Homer Leon Ikerd Estate & Darin Lynn Gentry
Darin Gentry & Jaime Shultz – Co-Executors
Closing & Representing Attorney – William A. Rasmussen
Capps, Ancelet, Rasmussen & Icenogle
55 South Adams Street, P.O. Box 250
Carthage, IL 217-357-2107
Illinois Auctioneer License #441001748 – Broker License #471006809
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TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed. Payment is due within 2 business days or additional charges may incur.
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