Online Only Real Estate Auction
October 3, 2022 - October 31, 2022
Seller: The Estate of Sharon Granneman
331 Meadow Street - Niota, IL 62358
Move right in to this 4 bedroom / 2 bath, 2-story home in Niota. The main floor of the home features an open living/dining area, eat-in kitchen (Fridge, gas stove and dishwasher stay), two bedrooms, full bath and the conveniences of main floor laundry (washer, electric dryer and upright freezer stay). The upstairs has two additional bedrooms a full bath. The exterior of the home is attractive and features vinyl siding and was updated with a new metal roof in 2016. The backyard includes an oversized/detached 2-car garage and two mature apple trees.
An open house will be on Tuesday, October 25, 2022, from 5-6:30 p.m.
For additional information, or private tours, please call Kyle @ 309-351-3140 or Jed @ 309-333-0616.
To register to bid on this property, please click the “Bid Online” button.
Buyer’s Premium: 5%
Address: 331 Meadow Street - Niota, IL
Tax ID: 02-10-000-614
Legal: S10 T7 R8 MILLERS ADD LOTS 10 & 11 BLK 1 APPANOOSE
Lot Size: 76’ X 150’
Property Taxes (2021): $149.20 (Exemptions: $6,000 owner occupied, $5,000 senior homestead)
Total Living SF: 1,726 SF (1,363 SF main floor / 363 SF 2nd floor)
Year Built: Unable to verify
Foundation: Block
Siding: Vinyl
Roof: Metal
Water/Sewer: Municipal water - Dallas Rural Water, Private septic system
Mechanicals: Forced air furnace, central air conditioning, sump pump, gas water heater. updated electrical box.
Terms:
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 and also reserves the right to reject any and all bids. 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. All offers are subject to the approval of the seller. 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 home, radon, lead-based paint, septic, mold, or other inspections.
POSSESSION: Purchaser will receive possession at closing, which will be on or before November 30, 2022, at the law offices of Rasmussen and Dittmer, LLC, 102 N. Center Street in La Harpe, IL.
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.
Buyer’s Premium: This auction has a 5% buyer’s premium, which will be paid by the buyer as part of their closing expenses, to Kelso Rhoades Real Estate Auction Group.
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.
Closing expenses: The seller will be responsible for the title search and at closing will issue a commitment for title insurance to the buyer, in the amount of the purchase price. The seller will also pay for preparation and transfer of the deed, transfer taxes and one-half of the actual closing 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 November 1, 2022. 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. The balance of the contract price will be paid in full at closing, which will be scheduled for no later than November 30, 2022. If you have any questions, please call our office at 309-647-8811.
AGENCY: Rhoades Real Estate & Land Auction Services, Inc. DBA Kelso Rhoades Real Estate Auction Group, auctioneer/broker, is acting exclusively as agent for the seller.
PROPERTY DISCLOSURES
