Private Seller
1336 N College St
Decatur, IL 62526, Macon County
2
Beds
1
Baths
1,116
Sq. Feet
Opening Bid
$5,000
Opening Bid
$5,000
1336 N College St
Decatur, IL 62526, Macon County
2
Beds
1
Baths
1,116
Sq. Feet
82 Views
Important Information
Property Details
Beds
2
Baths
1
Square Footage
1,116
Lot Size (Acres)
6,483
Property Type
Single Family Home
Year Built
1895
Special Notes
Auction Property – 1336 N College Street, Decatur, IL
Opportunity to purchase a tax sale property in Decatur, Illinois.
Property Address: 1336 N College Street, Decatur, IL
This property is being sold AS-IS, WHERE-IS with no warranties or guarantees of any kind, expressed or implied. The sale will be conveyed by Quit Claim Deed only. The seller has not occupied the property, and interior access is not available. Buyers should assume that the condition of the interior is unknown and conduct any exterior inspections or due diligence they deem appropriate prior to bidding.
The successful bidder is responsible for verifying all information, including but not limited to the property’s condition, square footage, zoning, occupancy status, utility availability, taxes, liens (if any), and suitability for their intended use. Buyer should rely solely on their own independent investigation.
This property may be an excellent opportunity for investors, contractors, or buyers seeking a project. Please review all auction terms and perform your due diligence before placing a bid.
Key Terms:
* Tax sale property
* Sold AS-IS, WHERE-IS
* Conveyed by Quit Claim Deed
* Interior access is not available
* Seller makes no representations or warranties
* Buyer to perform all due diligence prior to bidding
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Due Diligence
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Learn how to perform due diligence.
Review Property Information
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Examine Title and Liens
Preliminary reports are provided for reference. Seek a professional for a full evaluation.
Deed Type
Special Warranty Deed
Title Insurance Paid by
Refer to Purchase Agreement
Review Purchase Agreement
Details of the Seller's terms and conditions, and your rights as the buyer.
Prepare Your Finances
Paying cash? Here’s what you’ll need:
- Show a recent bank statement or similar document.
- Just needs to confirm you have the purchase amount available.
- This lets us submit your offer right away.
- Quick and straightforward process.
Top FAQs
Will I be able to see the interior of the house, or inspect the property before I bid?
Please check on this page for any mentioning of Open Houses, Private Tours available, or Inspection Contingency accepted. If none of these are available, you shall assume that you will not be able to see the interior of the house, and you are not entitled to an inspection prior to bidding.
Can I use financing to buy this property?
Typically, no. Be sure to check the property listing to see if financing is considered. Most properties on Auction.com are sold cash-only. That means you must pay the entire purchase amount by the closing date.
Does Auction.com have any more information on this property?
You may contact the listing agent directly. Their contact information is typically displayed on the property's listing page.
Will the property be free and clear of all liens?
Private Seller properties are typically offered with clear title. However, it's the buyer's responsibility to do their own due diligence like a title search and talk to a professional to check for any debts or issues before bidding.
What happens if I am the winning bidder?
If you are the highest bidder at the end of an auction, here are your post-auction obligations:
- Contract Information: You'll receive an email confirming you have the highest bid. You will then need to provide important contracting information by filling out a form online. You can preview the required information on this form as a printable checklist. Make sure to submit the form within 1 business day.
- Purchase Agreement: Once everything is verified, the Purchase Agreement will be generated and you will need to sign and return the document for the seller to review and sign.
- Proof of Funds: You need to provide Auction.com a copy of your Proof of Funds by email within 2 business days.
- Earnest Money Deposit: Unless otherwise specified on your purchase agreement, you will need to send the Earnest Money Deposit to the closing company within 2 business days of receiving the transfer instructions. Send Auction.com a copy of your confirmation receipt within 1 business day of sending funds.
Transaction Details
- By submitting a bid or offer, Buyer agrees to sign the Purchase Documents in compliance with the Participation Terms. The Seller is not bound to any agreement with Buyer until the Purchase Documents have been signed by both parties.
Auctioneer Licensing Information
Auction.com, Inc. – License No. 471020732 (RE Broker),
Lee Leslie – License No. 471.001565 (RE Broker)
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DISCLAIMER: The content provided herein, including property photos and characteristics, has been gathered from various third parties and has not been verified. No representation or warranty is made by Auction.com regarding the accuracy or completeness of any content regarding the property. Property photos are not intended as a substitution for a bidder's own due diligence. Photos may not depict the condition of the property as it exists on the date of sale or closing. All bidders are responsible for conducting their own due diligence before bidding and are encouraged to seek independent professional advice if necessary.