Property 6725134
This property was auctioned on: 08/26/2017

This Property is Off-Market

Home & 40 Acres - Wayne Co., IL

114 North Industrial Drive Wayne City IL 62895  |  Wayne County, IL
  • 40 acres
  • Bedrooms3 Bedrooms
  • Bathrooms1 Bathroom

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Listing Status: Sold
Listing Type: Auction
Property Type(s):
Irrigated: No
Residence: Yes
Property ID: 6725134

Property Description

Owner:David (Dwaine) & Sandra Sanders
City:W Edge of Wayne City, IL
Location:Home & 40 Acres With Lake - Wayne County, IL
Auctioneer:William J. Carson contact at : 618-662-4911

Saturday, August 26, 2017 11:00AM

114 N. Industrial Lane, Wayne City, IL

Open House: Sunday, August 13, 2017 1-2:30PM

Legal: 40 acres more or less being the Northeast Quarter of the Southeast Quarter of Sec. 14, T2S R5E of the 3rd P.M., Wayne County, Illinois

TRACT 1 5 acres more or less out of the SE Corner of the above described tract being 330 E & W X 660 N & S. This tract is improved with an early 1900s 1.5 story home which was completely remodeled in 2003. The interior of the home consists of 3 bedrooms, 1 bath, large kitchen/dining room, living room, large utility room, & a finished bonus room/man cave. The interior finishings consist of hardwood, carpet, & linoleum floor coverings, and drywall/tile ceilings. The home features wall/floor gas heat and window air conditioning. The exterior finishings of the home consist of a metal roof, vinyl siding, energy efficient windows, and a concrete foundation. The home is also improved with a covered front porch, covered side patio area, and an attached one car garage which was built in 2009. This tract is also improved with a 24X40 pole style building improved with a concrete floor, and electric that was built in 2010 and a two car detached carport.

TRACT 2 35 acres more or less This acreage will have access through a 20 wide recorded easement to its southeast corner. This is an ideal recreational tract with outstanding home sites. Tract 2 contains 27.3 acres currently in CRP with annual payments of $1,974. This contract expires on 9/30/2019. The balance of the property is a combination of wooded and open acreage. The property is also improved with a 2.5 acre lake that was dug in 2012 which is fully stocked with bass, bluegill, crappie, & redear and is approximately 20 deep at the dam.

TRACT 3 Home, Buildings, & 40 Acres (Combination of Tracts 1 and 2)

TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before September 29, 2017. CRP payements will be pro-rated to date of closing and buyer(s) will assume all CRP contracts. Sellers guarantee good and merchantable title. Real estate taxes will be pro-rated to the date of closing. Sellers retains no mineral rights; however, subject to any prior mineral reservations. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium

OWNERS: David (Dwaine) and Sandra Sanders
Attorney For The Sellers: Neal Laws Jr. - Fairfield, IL
Justin Carson, Real Estate Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911
204 E. North Ave., Flora, IL 62839

Property Map

Driving Directions

Location: At the west edge of Wayne City, IL at the intersection of Hwy. 15 and Industrial Lane turn North and go 1/4 mile. Approx. 12mi. W of Fairfield, IL, 15mi. E of Mt. Vernon, IL & 90mi. E of St. Louis, MO.

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