Land for Sale - 5045 Farthing Road, Odin, IL 62870 - 30.0 acres

ONLINE REAL ESTATE AUCTION: Marion County IL 30 Ac / 2 Tracts

5045 Farthing Road, Odin, IL | Lat/Lng:  38.6578, -89.0684

Auction
30 ac.
12/03/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

ONLINE REAL ESTATE AUCTION: Marion County IL 30+- Acres / 2 Tracts Bidding Opens THURSDAY, DECEMBER 18, 2025 Bidding Closes THURSDAY, JANUARY 8, 2026 at 8pm CST (Soft Close) Open House: Saturday, January 3, 2026, 11am to 2pm Property Address: 5045 Farthling Road, Odin IL 62870 OVERALL DESCRIPTION Nice older home 4-bedroom 1 bath located on 30-acre tract of farmland Well-kept farmland lays flat to gently sloping Section 34, T3N-R1E Tract 1 - 28.3+/- acres farmland Tract 2 - 1.7+/- acre - Homestead with 4-bed/1-bath home and outbuildings Located northwest of Salem and Odin IL From Rt 50 turn North on Farthling Road, 2.5 miles to property From Rt 51 take Tonti Road to Farthling Road then turn south TRACT 1 - FARMLAND 28.3 acres in farmland Well-kept farmland lays flat to gently sloping Real Estate Taxes: $774 Opening Bid $226,400 TRACT 2 - HOMESTEAD 1.7 acres homestead with home and outbuildings Nice older home with 4 beds, 1 bath, 1408 sq. ft. Parcel #05-34-200-007 / Real Estate Taxes: $3,350 Sandoval schools Family Room 11 x 20, Kitchen 9 x 21 w/dining room Master Bedroom 11 x 13 Bedrooms 12 x 13 & 12 x 13 (upper level) Bedroom 9 x 11 Bathroom 7 x 8 Utility Room 12 x 16 Attached Garage 20 x 20 Shed 32 x 32 & 12 x 18 Opening Bid $30,000 PROCEDURE Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements by January 7, 2025. Bidding will be PER TRACT. Flat Bidding Not eBay style. Bid increments of $500, or more, per tract. Tracts may be combined after 7:00 PM January 8, 2026. Bidding opens THURSDAY, DECEMBER 18, 2025 until 8:00 PM CST THURSDAY, JANUARY 8, 2026, subject to bid extensions (Soft Close). TERMS & CONDITIONS NO BUYER'S PREMIUM. SALE SUBJECT TO CONFIRMATION OF SELLER(S). NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyers financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. REAL ESTATE TAXES: Pro-rated to day of closing. SURVEY: N/A MINERAL: Any mineral owned will transfer. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. Any stop payment order of a check or giving a check which is returned marked insufficient funds, shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Policy and a deed conveying merchantable title to the real estate to the Buyer(s) and tax transfer stamps. Buyer will pay the deed recording, and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer and Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Day of closing subject to hunting lease. AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co LLC All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is". AUCTIONEER: Donald E. Bailey, IL Lic #441.002325, 618-919-1031.

Details

CountyMarion
Zipcode62870
Property Type OneFarms
Property Type TwoResidential Property
BrokerageBuy A Farm Land & Auction Company
Brokerage Linkhttps://land.com
Apn0534200007
Land Listing Agent Photo
Don Bailey
Buy A Farm Land & Auction Company
(618) 919-1031
By clicking the button, you agree to our Terms of Use and Privacy Policy.
$ image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xmlimage/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml $image/svg+xmlimage/svg+xmlimage/svg+xml image/svg+xml image/svg+xml