Live Webcast Auction
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Price Realized:
362,000.00 USD / Lot
9,050.00 USD / ea
Shipping Not Available
Quantity Sold x40
Price Realized 362,000.00 USD / Lot
9,050.00 USD / ea
Date Sold 2021-11-04T00:00:00
Date(s)
10/24/2021 - 11/4/2021
Bidding Notice:

Bidding will be by the acre times 40 acres


Information
Lot # 1
Quantity x40
Group - Category Real Estate - Ag / Farm Land
Lead 40 Acres - Clay County, IL Top Quality Farmland
Description
40 acres +/- Top Quality Farmland PIN: 15-02-400-004 SE 1/4 SE 1/4 Sec. 2, T2N R7E 3rd P.M., Clay Co., IL This is truly an outstanding tract of top quality farmland. Approx. 37.38ac tillable (94%) in row crop production Soil Types: Cisne 0-2% slope and Hoyleton 0-2% slope Weighted Crop Productivity Index (CPI) of 108.8 Open farm tenancy for the 2022 farming season Farmland of this high quality in this area is not offered for sale very often. This is an outstanding opportunity to purchase a square 40 acre tract of highly productive farmland.
Name Clay County, IL 40 Acres Top Quality Farmland
Auctioneer
Type Live Webcast Auction
Date(s) 10/24/2021 - 11/4/2021
Auction Date/Time Info
Internet Bidding will begin Oct. 25, 2021 and will end simultaneously with the end of the live auction on Nov. 4, 2021
Preview Date/Time 0
Checkout Date/Time 0
Location
Buyer Premium No Buyers Premium
Description
PUBLIC AUCTION THURSDAY, NOVEMBER 4, 2021 6:00PM CLAY COUNTY, IL 40 ACRES TOP QUALITY FARMLAND Location: East of Flora, IL at the intersection of Hwy. 45 & Hwy. 50 go east on Hwy. 50 3mi. to Dutch Hale Rd., turn south and go 3mi. the property is on the west side of the road. Approx. 5mi. southeast of Flora, IL, 30mi. South of Effingham, IL & 90mi. E of St. Louis, MO. Location of Auction: Anthony’s Wild West Restaurant—107 E. North Ave., Flora, Illinois 40 acres +/- Top Quality Farmland PIN: 15-02-400-004 SE 1/4 SE 1/4 Sec. 2, T2N R7E 3rd P.M., Clay Co., IL This is truly an outstanding tract of top quality farmland. Approx. 37.38ac tillable (94%) in row crop production Soil Types: Cisne 0-2% slope and Hoyleton 0-2% slope Weighted Crop Productivity Index (CPI) of 108.8 Open farm tenancy for the 2022 farming season Farmland of this high quality in this area is not offered for sale very often. This is an outstanding opportunity to purchase a square 40 acre tract of highly productive farmland. TERMS ON REAL ESTATE: Sellers reserve the right to reject any and all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before December 7, 2021. Sellers guarantee good and merchantable title. Sellers to pay the 2020 and 2021 real estate taxes, buyer(s) will pay all subsequent taxes thereafter. 2020 real estate taxes were $637.60. Sellers retain no mineral rights; however, subject to any prior reservations. Possession will be at closing and following the removal of the 2021 crop. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium ONLINE BIDDING: Bidders will be allowed to bid in person at the live auction or they have the option of bidding online through HiBid. Go to www.carsonauctionandrealty.com for online bidding rules and instructions.
Bidding is by the acre times 40 acres
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.00 100.00 USD
9,999,999.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
15% of the purchase price is due at the end of the auction, which is non refundable. The balance is due at closing
No shipping
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.