1120 N Market St, Mount Carmel, IL 62863

Auction
$60,000 Estimated Value
Active for Sale
3 Beds
1 Baths
1721 SF
Built In 1924
 
Listing ID 11680382
Property Type Residential
County Wabash
Township T1S R12W
Tax ID 09-000.000-213 05-211-20-2-002.000
FEMA Flood Map fema.gov/portal
Year Built 1924
   
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SFR in Mount Carmel, IL

Property is being sold in an as is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction. Buyer understands and acknowledges that square footage, acreage, and/or bedroom and bathroom count for the building sited on the property is based on an appraisal or county assessor information. Buyer further understands and acknowledges that measurements/acreage/count can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal, or appraisal measurement report, etc.) and that said sources may contain erroneous information or measurements/acreage/count. Buyer should conduct their own investigation and satisfy that the size and/or square footage, acreage, and bedroom/bathroom count of the dwelling/building is acceptable to the Buyer prior to placing any bid or offer on a property. By placing a bid or offer on a property, Buyer is accepting the property in as-is where-is condition and agrees to be bound to the bid or offer should a discrepancy arise. Quit Claim Deed Disclosure. Buyer is purchasing the Property as-is, where-is, with all faults and encumbrances, and without warranty or representation of any kind or manner, including, without limitation, clear or marketable title. The Property shall be conveyed by the Seller via quit claim deed, and Buyer shall accept the property subject to all liens, encumbrances, assessments, encroachments, easements, or other liabilities of any manner, known and unknown. Buyer accepts all responsibility for any remediation, fees, or terms required by any authority, which may or may not include demolition, escrow fees, or habitation certificates. Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer. Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions - Addendum A that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located. Seller Mandated Financing Disclosure: The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction, and submittal of the Buyer's offer is contingent upon receipt of said documents. Appropriate documentation should be provided at the auction Occupation and Utilities Disclosure. To the best of Seller's knowledge, the property is occupied. The utilities to this property are not currently turned on and the property may be winterized. Utilities will not be turned on prior to closing, regardless of inspections. Buyer will need to coni
Auction Details
Property Details
  • 3 Total Bedrooms
  • 1 Full Bath
  • 1721 SF (AG)
  • 0.13 Acres
  • Built in 1924
Listed By
Bang Realty
Office: 513-898-1551
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