Lot # : 1 - RICHLAND CO. 57.5 ACRES MOSTLY TILLABLE FARMLAND

Live Webcast Auction
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Price Realized:
460,000.00 USD / Lot
8,000.00 USD / ea
Local Pickup Only
Quantity Sold x57.50
Price Realized 460,000.00 USD / Lot
8,000.00 USD / ea
Date Sold 2022-09-29T00:00:00
Olney, IL 62450
Date(s)
9/22/2022 - 9/29/2022
Auctioneer Information
Catalog

Bidding Notice:

Bidding is by the acre times 57.5 acres

Information
Lot # 1
Quantity x57.50
Group - Category Real Estate
Lead RICHLAND CO. 57.5 ACRES MOSTLY TILLABLE FARMLAND
Description
57.5 acres +/- Quality Farmland • PIN: 10-12-400-004; 10-12-300-007 • Sort Legal: Part of the S 1/2 of Sec. 12, T3N R9E 3rd P.M., • Richland County, IL • This is a quality tract of mostly tillable farmland • Approx. 47.91ac tillable (83%) in row crop production • Soil Types: Bluford, Belknap, Racoon, Passport, Wynoose, Hickory, Camden • Weighted Crop Productivity Index (CPI) of 102.3 • Open farm tenancy for the 2023 farming season
Name Richland County, IL 57.5 Acres (Greta Nettleton)
Auctioneer
Carson Auction & Realty Co.
Type Live Webcast Auction
Date(s) 9/22/2022 - 9/29/2022
Auction Date/Time Info
9/29/22 6pm
Preview Date/Time Availalbe for viewing contact the auction company
Checkout Date/Time 9/22/22
Location
367 N West St.
Olney, IL 62450
Buyer Premium No Buyers Premium
Description
PUBLIC AUCTION THURSDAY, SEPTEMBER 29, 2022 6:00PM RICHLAND COUNTY, IL 57.5 ACRES MOSTLY TILLABLE FARMLAND WITH HIGHWAY 50 FRONTAGE Location: From the intersection of Hwy. 50 and Hwy. 130 in Olney, IL go west on Hwy. 50 3 miles. The property is on the south side of the highway. (Approx. 3mi. West of Olney, IL, 45mi. Southeast of Effingham, IL & 75mi. NW of St. Louis, MO.) Location of Auction: Best Western Hotel — 367 N. West St., Olney, Illinois (Watch for Signs) 57.5 acres +/- Quality Farmland • PIN: 10-12-400-004; 10-12-300-007 • Sort Legal: Part of the S 1/2 of Sec. 12, T3N R9E 3rd P.M., • Richland County, IL • This is a quality tract of mostly tillable farmland • Approx. 47.91ac tillable (83%) in row crop production • Soil Types: Bluford, Belknap, Racoon, Passport, Wynoose, Hickory, Camden • Weighted Crop Productivity Index (CPI) of 102.3 • Open farm tenancy for the 2023 farming season 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. SELLER: Greta Nettleton COL. JUSTIN CARSON #441.001711 Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911 204 E. North Ave., Flora, IL 62839 www.carsonauctionandrealty.com
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 October 28, 2022. Sellers guarantee good and merchantable title. No survey will be provided by the sellers. Sellers to pay the 2021 and 2022 real estate taxes, buyer(s) will pay all subsequent taxes thereafter. 2021 real estate taxes were $814.88. Sellers retain no mineral rights; however, subject to any prior reservations. Possession will be following the removal of the 2022 crop. Sellers shall retain the landowner’s share of the 2022 crop. Seller 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
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
Bidding will be by the acre times 57.5 acres
N/A