Auction Information
Online Bidding SiteAlexander County Illinois Land for Sale at Auction Cauble Farm
Bidding Ends Tuesday, April 15th at 1PM.
These 87 flat to gently rolling acres are being offered in 3 tracts and are conveniently located north of Olive Branch IL and 20 min from Cape Girardeau MO. There are approximately 64 acres of highly productive cropland class A soils with the balance in small blocks of mature hardwoods and creek. These three tracts offer ideal building locations, hunting, recreation, and are income producing which always helps.
For more information call or text Shane Yearian (618) 830-2825.
Tract 1: 63 Acres
Approximately 57 mostly flat to gently rolling acres of highly productive cropland
Soils consisting mostly of Birds silt loam
6 acres of woods
Great home-sites
Hunting and Recreation
Free and clear of all tenants and leases
Tract 2: 7 Acres
Approximately 3 acres of productive cropland
4 a...
4 acres of woods
Nice Creek
Hunting and Recreation
Great home-sites
Free and clear of all tenants and leases
Tract 3: 17 Acres
Approximately 4 acres of productive cropland
13 acres of woods
Creek
Hunting and Recreation
Great home-sites
Free and clear of all tenants and leases
Auction Terms & Conditions
1. PROCEDURE: Bidding ends Tuesday, April 15, 2025, at 1:00 PM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract.
2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price.
3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Wednesday, April 16, 2025 (hand delivered, faxed, electronic signature or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.
4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
5. BIDDING: Once submitted, a bid cannot be retracted.
6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, May 22, 2025.
7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
10. REAL ESTATE TAXES: The 2024 Real Estate taxes to be paid for by the Sellers. The 2025 Real Estate taxes to be paid for by the Buyers.
11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.
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