The land consists of 7 acres with 18 parcels.  All utilities on site.  Land sits between Fairmount Race Track and Hwy 255.  Simpson Street has one entrance at the stoplight and deadends at the City water plant.  Possibilities are unlimited (ie. billboards, modular home park, trucking industry drop lot, motel/hotel for racetrack). 

Bill Scaturro, The Auction House Co.

www.theauctionhouseco.com

618-344-3545

1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
2. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted.
3. Highest bid is subject to seller approval.
4. Buyers Agent commission of 2% is being offered.
5. All bids are placed in US Dollars.
6. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
7. The bidding will be open and everyone will have access to the bid history during the auction.
8. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
9. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
10. The high bidder will be notified via email after the auction ends.
11. Seller reserves the right to postpone or cancel this auction at any time for any reason.
12. Sale is “as-is”, "where-is". Seller will not fix anything.
13. Winning bidder will enter into a written contract to purchase, and will place $1,000 down for deposit to be held in escrow with the balance due 30 days from auction end date.  A 6% Buyer's Premium will be added to the final bid price as a buyers expense on the property.  Earnest money and buyers premium are non-refundable and due the day of sale.  Property sold as-is.  All information is presented in good faith.  All inspections, surveying, due diligence are the sole responsibility of the buyer.  The property sells with no contingencies.  All Sales Final.
14. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
15. VISIT WWW.THEAUCTIONHOUSECO.COM FOR AUCTION TERMS.