25d 23h Left
Tract 4 - 80 acres+/- (subject to survey){"message":"In _app.tsx child of Layout","renderCount":1}
384 N. Jefferson Street - Lomax, IL
Lot Closed
Auction by Kelso Rhoades Real Estate Auction Group
This item is in Lomax, IL
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Item Details
**ONLINE ONLY REAL ESTATE AUCTION**
OPEN HOUSE: SATURDAY, APRIL 3RD, 11 A.M. - 1 P.M.
384 N. Jefferson Street, Lomax, IL
Tax ID: 12-15-380-001
Legal: Lots 3 & 4 Block 7
Great opportunity to purchase this 1-2 bedroom / 1 bath, single story home on a large corner lot in Lomax, IL. The home has vinyl siding, some newer replacement windows, central AC, newer shingled roof in 2017, and a newer metal roof on the detached garage and storage shed, also in 2017. The rear of the home has a wheelchair accessible ramp that leads into a back porch/laundry room (both washer & gas dryer included in the sale). Just off of the laundry area is a nicely sized kitchen with gas stove and newer refrigerator. The adjoining full bath has a walk-in shower with grab bars. A large informal dining area with hardwood floors leads to the spacious living room and master bedroom, which also features hardwood floors. There's an additional room that could be used as a small bedroom or office, just off of the dining area.
Property Taxes: Due to the current owner's tax exemptions, the tax amount has been $0.00 for many years.
Total Main Floor SF: Approximately 972
Foundation: Unfinished partial basement (approx. 503 SF)
Heating/Cooling: Gas forced-air furnace and central AC (AC new in 2020). Gas WH
Water/Sewer: Municipal water supply / private septic system
Electric: Ameren - Newer 100 Amp electrical panel
Gas: Nicor
Internet: McDonough Telephone Cooperative
*Property is being sold "as-is" with no inspections, warranties, or financing/appraisal contingencies. All offers are subject to the approval of the seller. Closing will be held on or before May 7, 2021.
For additional information, please contact our office at (309) 647-8811, or Jed Rhoades (309) 333-0616 or Kyle Kelso (309) 351-3140.
Payment
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Auction Details
384 N. Jefferson St. - Lomax, ILOnline Only Auction, Lomax, IL, 61454Thursday, Mar 18, 2021 | 9:00 AM CDT
Auction House
Terms Of Sale
DISCLAIMER: Property is selling as-is, where-is with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to cancel the sale. Property will be conveyed by a Warranty Deed. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the seller's reserve at their sole discretion. The property will sell as-is, where-is with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate. Neither the seller, Kelso Rhoades Real Estate Auction Group, nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchasers representative will acknowledge by signature of the real estate sales contract they have inspected the property. The terms of the real estate sales contract are controlling in the event of any perceived inconsistency between its terms and any statements or other advertisement.
CONTINGENCIES: This sale is not contingent on Purchasers ability to obtain financing, or subject to any appraisal, home, radon, lead-based paint, mold, or other inspections.
POSSESSION: Purchaser will receive possession at closing.
No New Survey: The Property shall be conveyed by the existing legal description.
Equal Opportunity Clause: All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchasers race, color, religion, sex, material status, national origin, or physical handicap.
Debt Collection and Interest Charge: The bidder agrees to pay all reasonable attorney fees and other costs incurred by Kelso Rhoades Real Estate Auction Group in its efforts to collect unpaid funds from the bidder. Any debt collection or dispute proceedings will be heard in Fulton County, Illinois.
Guaranty Agreement: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorneys fee.
Terms for Online Bidding: The online registration will need to be completed. The successful online bidder will be notified immediately following the closing of the auction and a time will be set to either sign the real estate sales contract in person or electronically, neither which will take place later than April 9, 2021. The terms of the real estate sales contract will take precedence of any claims made in this notice. At the time of executing the sales contract, earnest money in the amount of $2,500.00 or 10% of the sales price (whichever is greater) will be collected in the form of check or certified funds, made payable to Rhoades Real Estate & Land Auction Services, Inc. The balance of the contract price will be paid in full at closing, which will be scheduled for no later than May 7, 2021. If you have any questions, please call our office at 309-647-8811.
AGENCY: Rhoades Real Estate & Land Auction Services, Inc. DOB Kelso Rhoades Real Estate Auction Group, auctioneer/broker, is acting exclusively as agent for the seller.