DeSoto Home Ready for New Owner
313 N Hickory Street, DeSoto, IL 62924
Begins to End: May 29, 2025 Wednesday 2:00 pm
To Pre-Bid or for More Information Please Visit www.ollisauction.com
Call us today to schedule a showing 1-800-272-9791
Here's your opportunity to own this welcoming 3-bedroom, 2-bathroom home in our online only auction. This DeSoto property sits on a .25-acre lot at the end of a dead-end street, creating a sense of retreat while still being part of the community. Inside, the 1,152 square foot home offers a spacious living room where you can unwind after a long day and a practical kitchen with breakfast bar - perfect for morning coffee or gathering with family for meals. The three comfortable bedrooms provide personal space for everyone, while two bathrooms help avoid the morning rush. You'll appreciate the comfort of central A/C during summer months and reliable electric forced air heat when temperatures drop. Step outside to your private deck - a perfect spot for enjoying your morning coffee - and a yard with endless possibilities for gardening, pets, or simply enjoying the outdoors. The lot's generous dimensions (83 x 151 x 64) give you room to breathe while town conveniences remain just minutes away. Available now as the current owner relocates to Central Illinois, this property awaits your personal touches to make it truly home. Don't miss this opportunity to start your next chapter in DeSoto!
Property Details:
Tax ID: 10-17-479-019
2023 Taxes: $179.98
Zoning: None
Year Built: 1984
Home Square Footage: Approx. 1,152
Lot Size: approximately 0.25 Acres
Dimensions: 83 x 151 x 64
3 Bedrooms ~ 2 Bathrooms
Room Dimensions:
Living Room: 11 x 21
Kitchen: 11 x 9
Master Bedroom: 11 x 11
2nd Bedroom: 11 x 10
3rd Bedroom: 10 x 10
Additional Features:
Laundry Area
Foyer/Entry Area
Central A/C Unit
Electric Forced Air Heat
Public Water & Sewer
Vinyl Siding
Shingle Roof
Crawl Space
Dishwasher
Ceiling Fan
Deck
Level, Dead End Lot
Gravel Driveway and Shared Access
Chain Link Dog Enclosure (Designated Pet Exercise Area)
Shed 38 x 14
Call us today to schedule a showing 1-800-272-9791
Seller: Cathy R. Horn
Abbreviated Real Estate Terms: Successful bidder(s) will be required to enter into a written contract and deposit earnest money for $3,000.00. A buyer's premium of ten percent (10%) of the high bid will apply to establish the contract price. Balance due on or before July 10, 2025. Deed and title insurance will be provided by the seller. Possession will be given on the date of closing. Make your financial arrangements prior to the auction. Potential buyers may make any inspections prior to auction.
Joe Ollis Auction Service, LLC IL. Lic # 444.000380
Information Herein Believed to Be Accurate but Not Warranted
Joe Ollis Real Estate & Auction, LLC
Bidding Procedures & Auction Terms and Conditions
Property and Basic Information
- The Real Estate consists of:
- 313 N Hickory St., De Soto IL 62924, identified by County Parcel Number 10-17-479-019
- There are no leases or rents.
- This property is being sold on an "AS IS", "WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property or its future use is made by Seller or Auction Company. Buyers may conduct inspections by contacting Joe Ollis Real Estate & Auction, LLC at 618-833-2227 or 800-272-9791 to schedule an appointment.
- While you may obtain financing for your purchase, this auction is not contingent on financing, appraisal, survey, or inspections of any kind. If you do not have your finances in order, we ask that you Don't Bid!
- Sale of said property is subject to: any and all easements of record, state and federal regulations, restrictions as to use or improvements of premises, utility, roadway, railway, and gas line easements, all state and local zoning ordinances, and any other limitations, if any.
Registration and Representation
- This real estate auction is being conducted through an online only bidding. All bidding is open and public. You or your authorized representative must be registered online to bid. If you need assistance placing an online bid or prefer to submit a bid in person, please call our office for assistance at 618-833-2227 or 800-272-9791.
- Registration requires a credit card for validation, though this is not a recognized form of payment for the earnest money (deposit) or purchase price. By registering, all bidders acknowledge having read and agree to be bound by these Auction Terms and Conditions. Joe Ollis Real Estate & Auction, LLC reserves the right to remove or cancel the bids and bidding rights of any party at any time deemed not to be in the best interest of the seller(s).
- Joe Ollis Real Estate & Auction, LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner. All negotiations must be conducted through Joe Ollis Real Estate & Auction, LLC.
- Broker Participation: A commission previously agreed upon will be paid to any properly licensed real estate broker whose Buyer/Bidder is the successful purchaser for this real property, and who closes and pays the total Contract Price and Closing Costs. The broker must complete and submit all broker participation form requirements and documentation before their buyer/bidder registers for the auction, with no exceptions permitted.
Bidding Procedures
- Maximum Bidding Option: When placing a bid, you may set a maximum bid amount. The system will bid in specified increments up to your maximum, never exceeding it, and only increasing when raised by competing bids. This is particularly useful if you cannot bid actively at closing time.
- Dynamic Closing "Soft Close": The closing time automatically extends two minutes when a bid is placed within the final two minutes. Bidding stops extending only when no bids have been placed for two minutes.
- Joe Ollis Real Estate & Auction, LLC controls the amount of bids for sake of speed and clarity using predetermined bid amounts.
- Outbid Notifications: If you choose this option during registration, you will receive email notifications when you are outbid. Please note that if you are outbid near the end of the auction, you may not receive the notification until after the auction has closed. You can check your current bid status at any time during the auction. If the system shows you are outbid, you are outbid. If you need to verify your bid status, contact ollis@ollisauction.com or call 1-800-272-9791 before the auction closes.
- Technical Issues: In the event of technical difficulties, Joe Ollis Real Estate & Auction, LLC reserves the right to extend, continue, or close bidding. Neither the software provider nor Joe Ollis Real Estate & Auction, LLC shall be held responsible for software malfunctions. Use the "Max Bid" feature to minimize technical issues.
- Bidding Errors: Carefully review each bid before submitting. Bids must be in whole numbers only. If you make an error contact the Auctioneer immediately at ollis@ollisauction.com or call 618-833-2227 or 618-521-0525. If you do not you are still liable for your bid.
- Bidder's Duty to Report Fraud: You are responsible for all bids from your account. For suspected unauthorized access: • Immediately notify the Auctioneer at ollis@ollisauction.com • Immediately report to law enforcement • Provide police report copy to Auctioneer Failure to report promptly makes you responsible for all purchases made using your account.
Contract Terms
- At the conclusion of the auction, the Winning Bidder will receive an email with documents to sign. The Auctioneer or representative will contact the Winning Bidder the day of the auction to address any questions. The contract signing and earnest money deposit must be completed by 4 pm CST on the day following the auction.
- ALL CASH means only U.S. dollars and cents will be accepted - no other forms of payment such as vehicles, farm animals, or other items will be considered.
- A buyer's premium of ten percent (10%) of the high bid shall be added to the high bid to establish the contract price. Please remember to consider this buyer's premium when placing or determining your bids.
- Earnest money requirement is $3,000.00. The non-refundable earnest money is due by 4 pm CST the day following auction. Payment options: • Check (payable to Joe Ollis Real Estate & Auction, LLC) • Cash • Credit card (5% fee applies) • Wire transfer (buyer pays transaction fees) The earnest money becomes part payment of the property at closing.
- A Winning Bidder whose documents and deposit are not received within this timeframe: • Will be subject to liquidated damages equal to the earnest money plus any costs to obtain the earnest money • Will not be allowed to bid in future Joe Ollis Real Estate & Auction, LLC events
Title and Closing
- Title Insurance and Deed: • Seller shall provide Owner's Policy of Title Insurance • Seller shall execute a Warranty deed conveying the real estate to the buyer(s) • Seller pays for deed preparation • Buyer(s) pay for their own title search, insurance charges, and usual conveyance expenses • Buyer(s) pay for recording fees and tax stamps that attach to the deed • The closing fee of the title company shall be split 50/50 between seller and buyer • Title company: Jackson County Abstract & Title Guarantee Co.
- Real Estate Taxes: Taxes for current year to be prorated based on latest record from courthouse. Back taxes, if any, to be paid by seller.
- The sale will be closed on or before July 10, 2025. Time is of the essence. If closing has not occurred by the closing date, Joe Ollis Real Estate & Auction LLC, through its Agents or Attorney, may give the buyer five (5) days notice to close this sale. The closing date may be extended if mutually agreed upon in writing by both Seller and Buyer. Any personal property remaining becomes buyer's property/responsibility after closing.
Legal Considerations
- The Auction Company has posted all relevant documents (Contracts, tax bills, photos, etc.). Information was obtained from sources believed accurate but requires verification. Aerial Photos and Drawings are for illustration only unless specified as surveyed boundaries. All bidders must:
- Conduct their own due diligence
- Complete any professional reviews of the auction and information PRIOR to bidding
- Review any updates prior to bidding
- As exclusive Seller's agents, the Auctioneer must present all offers. Properties are subject to pre-auction sales meeting all terms. Pre-auction offers must include: • The Contract for Sale of Real Estate • Required deposit The Seller may accept or reject any offer at their sole & absolute discretion.
- Both parties shall indemnify and hold harmless Joe Ollis Real Estate & Auction, LLC from costs, losses, liabilities, or expenses, including attorney fees, resulting from failure to fulfill obligations. Disputes will be arbitrated in Jackson County, IL or tried in Jackson County courts, at the discretion of Seller and Joe Ollis Real Estate & Auction, LLC.
- If any provision of these Terms and Conditions is held to be invalid, void, or unenforceable for any reason, the remaining provisions shall continue in full force and effect and shall in no way be affected, impaired, or invalidated.
- Failure to enforce any term does not waive future enforcement rights. These Terms and Conditions are governed by Illinois law.
Thank you for your interest. For questions, contact our representatives at www.ollisauction.com, 618-833-2227 or 618-996-2884.
Initial: _________ I have read and agree to these terms and conditions.
