The Auction House Co is conducting an On-Line Auction for 3 Parcels (17 Lots) that is partially ready for residential subdivision with named roads that come to a T and a Dead End (1 paved & 2 unpaved).  Perfect undeveloped virgin land that is zoned Residential in the Bonair Subdivision.  Utilities accessible for development.  This property has a long family history and is a rare find that has never been offered for sale before.  Location~Location~Location.  Very well layed out for completing the Bonair Subdivision.  

Parcel 17-2-20-11-301-001 has Lots 1, 2, 5,14,15,16,17 in Bonair Subdivision;  Parcel 17-2-20-11-301-007 has Lots 6, 7, & 13 in Bonair Subdivision; and Parcel 17-2-20-11-301-018 has Lots 18, 19, 20, 21, 22, 23, & 24 in Bonair Subdivision.

Feel free to contact Bill @ The Auction House Co, 618-344-3545, or email at bid@theauctionhouseco.com for questions.

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. A $5,000.00 Buyers Premium will be added to the final bid price as a buyers expense on the property.  Earnest money deposit of $1,000 shall be held at title company handling the closing.
5. All bids are placed in US Dollars.
6. Earnest money and buyers premium are nonrefundable and due within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount and based on the terms described here.
7. 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.
8. The bidding will be open and everyone will have access to the bid history during the auction.
9. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
10. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
11. The high bidder will be notified via email after the auction ends.
12. Seller reserves the right to postpone or cancel this auction at any time for any reason.
13. Sale is “as-is”, "where-is". Seller will not fix anything.  Property sells with no contingencies.
14. All inspections, surveying, due diligence are the sole responsibility of the buyer.
15. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
16. Winning bidder may, at their option and expense order a title examination and insurance.
17. Seller will include the following personal property in the sale: None
18. Seller will exclude the following real property from the sale: None
19. All Sales are Final.