Live Webcast Auction
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High Bid: 0.00 USD x 50
0 Bids
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Date(s)
11/15/2024 - 12/17/2024
AUCTIONEER INFORMATION
Bidding Notice:

Pre-bidding before the live auction date of December 17th at 11 AM Central will be accepted with valid and approved online registration. On Tuesday, December 17th at 11 AM Central the live in-person auction with simulcast online bidding shall be broadcasted via live stream. Online bidders will be able to see and hear the live auction broadcast while being able to bid online. The auction procedure ... Show More

Auction Notice:

On Tuesday, December 17th at 11 AM Central once the live in person and online bidding simulcast auction starts, if you have any questions, please contact us at 217-465-4545. Payment Information: If the winning bidder is an online bidder, then they will be notified immediately at the conclusion of this simulcast auction via phone to make arrangements to either sign the purchase agreement in person ... Show More


Information
Lot # 1
Quantity x50
Group - Category Real Estate - Ag / Farm Land
Lead 50 +/- acres of highly productive farmland
Description
50 +/- acres of highly productive farmland with 49.75 tillable acres located in Section 5 of Champaign Township. The Productivity Index (PI) for the soils on this farm is 144 (Class A). Farm also offers future development potential given it’s close proximately to Champaign and has excellent road frontage on Cardinal Road along the entire north boundary. Farm is located in the Fountain Head Drainage district. USDA FSA Data: According to the USDA FSA Office, this farm consists of 49.75 DCP Cropland acres classified non-HEL. Base acres of 24.3 for corn, and 24.2 for soybeans with PLC yields of 175 for corn and 56 for soybeans. Tenant Rights: Tenant rights are open for the 2025 crop year. Real Estate Taxes: The 2023 real estate taxes paid in 2024 were $3,092.66.
Name 50 +/- Acres Farmland - Champaign County, IL
Auctioneer
Type Live Webcast Auction
Date(s) 11/15/2024 - 12/17/2024
Auction Date/Time Info
Simulcast Live Auction with Online Bidding - Tuesday, December 17, 2024 @ 11 AM Central
Preview Date/Time More information is available at www.mossauctionteam.com
Checkout Date/Time Tuesday, December 17, 2024 @ 11 AM Central @ the Conclusion of the Live with Simulcast Online Bidding
Location
Buyer Premium 0 Buyers Premium
Description
50 +/- acres of highly productive farmland with 49.75 tillable acres located in Section 5 of Champaign Township. The Productivity Index (PI) for the soils on this farm is 144 (Class A). Farm also offers future development potential given it's close proximately to Champaign and has excellent road frontage on Cardinal Road along the entire north boundary. Farm is located in the Fountain Head Drainage district.
Tenant Rights: Tenant rights are open for the 2025 crop year. Real Estate Taxes: The 2023 real estate taxes paid in 2024 were $3,092.66. The Seller shall give the Buyer a credit for the 2023 real estate taxes at the time of closing based upon the most recently ascertainable tax figure available at closing. Buyer will assume and pay all real estate taxes payable in 2025 and thereafter. PLEASE READ ONLINE BIDDING AUCTION TERMS & CONDITIONS: The initial registration for bidder verification only will be made to AUCTION FLEX. All bidders must register for a USERNAME and PASSWORD. The bidder(s) is solely responsible for maintaining the confidentiality of your username and password, and the bidder(s) is fully and solely responsible for all activities that occur under your username, password, or on your account. The bidder(s) must ensure that they properly log-out and exit from your account at the end of each bidding session they conduct. Moss Auction Team, LLC cannot, and will not, be liable for any loss or damage arising from your failure to comply with this section. You must be of legal age (18 years) to bid and provide a valid credit card at registration. Moss Auction Team, LLC reserves the right to cancel this auction at any time. In order to participate and bid in this online only auction, you, the bidder(s), must read and accept all of the terms and conditions of this auction completely. Once you place a bid, you are electronically signing and consenting that you have read and accepted all of the terms and conditions set forth in this agreement completely and without exception. On Tuesday, December 17, 2024 at 11 AM Central this simulcast auction will begin live in person with online bidding available. You must be registered online if you wish to bid online. By bidding in this auction, bidders understand that they are in agreement with the rules and regulations of this auction and have no recourse. By placing any bids on these parcels of land, you are entering into a legally binding and irrevocable contract with the Auction Company to purchase this parcel of land in accordance with the Terms and Conditions of the Auction. The final bid price is subject to the Seller's acceptance or rejection. Bidder Assistance: During this simulcast auction if you have any questions, please contact Moss Auction Team at 217-465-4545. If there is no answer, please leave a voice message or contact our Office Manager, Amber Tegeler at 217-251-0036. Also, you may email us at: mossauctionteamllc@gmail.com Currency: USD Payment Information: If the winning bidder is an online bidder, then they will be notified immediately at the conclusion of this simulcast auction via phone to make arrangements to either sign the purchase agreement in person or via email with the following terms. Ten percent (10%) down payment on the day of the auction upon signing a purchase agreement immediately following the close of the auction. The down payment can be made with personal or company check, cashier's check or wire transfer. Your credit card will not be charged the down payment. The remaining balance will be due on or before January 17, 2025 at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer will receive full possession at the time of closing. Bidders should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it. The final bid price is subject to the Seller's acceptance or rejection. Title: Seller will provide title insurance on the property being offered in the auction. The Seller shall pay any search and closing costs that are customarily associated for a seller. The Buyer shall pay closing costs that are customarily associated with a real estate purchase. Upon full receipt of the entire purchase price, Seller shall deliver to Buyer a Deed conveying title in and to the property to the Buyer. Mineral Rights: Buyer will receive mineral rights owned by the Seller. Agency: Moss Auction Team and their staff are exclusive agents for the Seller. Auction Company Note: Announcements on Sale Day take precedence over printed material or any other oral statement made. Online Bidding Technology Use: Moss Auction Team is not responsible for technology failures and cannot be held liable if your online bids are not accepted. In the event of a technology failure, internet outage on our part or other technical difficulties related to the server, software, or any other online related technology, Moss Auction Team reserves the right to extend, continue or close bidding. Neither the software provider, nor Moss Auction Team shall be held responsible for a missed bid or failure of the software to function properly for any and all reasons. Disclaimer and Absence of Warranties: The property is being sold on an "as is, where is, with all faults" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person's credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 11,000.00 500.00 USD
11,000.01 - 12,000.00 250.00 USD
12,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 0 Buyers Premium
Payment Terms
If the winning bidder is an online bidder, then they will be notified immediately at the conclusion of this simulcast auction via phone to make arrangements to either sign the purchase agreement in person or via email with the following terms. Ten percent (10%) down payment on the day of the auction upon signing a purchase agreement immediately following the close of the auction. The down payment can be made with personal or company check, cashier's check or wire transfer. Your credit card will not be charged the down payment. The remaining balance will be due on or before January 17, 2025 at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer will receive full possession at the time of closing. Bidders should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it. The final bid price is subject to the Seller's acceptance or rejection.
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