Live Webcast Auction
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Lot Was Passed
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Date(s)
10/2/2023 - 10/19/2023
Bidding Notice:

ALL BIDDING IS BY THE ACRE TIMES NUMBER OF ACRES IN THAT TRACT


Information
Lot # 3
Group - Category Real Estate - Ag / Farm Land
Lead TRACT 3 - 81.28 ACRES FARMLAND
Description
BIDDING IS BY THE ACRE X 81.28 ACRES Combination of Tracts 1 & 2
Name Clay County 81.28 Acres - Oct. 19, 2023 (Patrick Heirs)
Auctioneer
Type Live Webcast Auction
Date(s) 10/2/2023 - 10/19/2023
Auction Date/Time Info
Live auction is 10/19/2023
Preview Date/Time 10-3 to 10-19
Checkout Date/Time N/a
Location
Buyer Premium No Buyers Premium
Description
PUBLIC AUCTION 81.28 ACRES – HIGHLY TILLABLE FARMLAND CLAY COUNTY, IL THURSDAY, OCTOBER 19, 2023 6:00PM LIVE IN PERSON BIDDING & ONLINE BIDDING Location: From Louisville, IL go west on Vandalia Rd. 1mi. to Partridge Ln./Bobwhite Rd. turn north and go 5mi. The farm is at the intersection of Bobwhite Rd. and Quail Dr. From Iola, IL go south on The Xenia/Iola Rd. 1mi. To Heron Ln. turn east and go 2mi. To Quail Dr. turn north and go 1/4mi. Approx. 6mi. Northwest of Louisville, IL; Approx. 25mi. Southwest of Effingham, IL; Approx. 90mi. E of St. Louis, MO. Location of Auction: Edgewood American Legion— 810 Rt. 37, Edgewood, Illinois TRACT 1 40 acres +/- Farmland PIN: 05-02-400-002 NE 1/4 SE 1/4 Sec. 2, Oskaloosa Twp., Clay Co., IL This is a very productive and highly tillable tract of farmland. Approx. 39.89 tillable acres (99%) in row crop production Soil Types: Wynoose Weighted Crop Productivity Index (CPI) of 97 County road frontage on eastern border TRACT 2 41.28 acres +/- Farmland PIN: 05-01-300-001 Pt SW 1/4 NW 1/4 & NW 1/4 SW 1/4 Sec. 1, Oskaloosa Twp., Clay Co., IL This is another quality tract of mostly tillable farmland. Approx. 35.56 tillable acres (86%) in row crop production Tillable Soil Types: Wynoose, Bluford, & Cisne-Huey Weighted Crop Productivity Index (CPI) of 96.9 County road frontgae on western and northern borders TRACT 3 81.28 acres +/- Combination of Tracts 1 and 2 TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before November 21, 2023. Sellers guarantee good and merchantable title. Sellers will pay the 2022 and 2023 real estate taxes. Buyer(s) will pay all subsequent taxes thereafter. 2022 real estate taxes on Tract 1 were $310.93 & Tract 2 were $270.55. Sellers retain no mineral rights; however, subject to any prior reservations. Possession will be at closing subject to current farm tenants rights. Sellers will receive the landowner’s share of the 2023 crop. The farm has open tenancy for the 2024 farming year. 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. SELLERS: PATRICK HEIRS CARSON AUCTION & REALTY CO. COL. JUSTIN CARSON #441.001711 Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911 204 E. North Ave., Flora, IL 62839
ALL ONLINE BIDDERS MUST CONTACT THE AUCTION COMPANY AT 618-662-4911 AND SPEAK WITH JUSTIN CARSON TO REGISTER TO BID. IF YOU DO NOT CONTACT THE AUCTION COMPANY BY OCTOBER 12 YOU MAY NOT BE ALLOWED TO PARTICIPATE IN THE AUCTION.
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
15% down day of sale balance is due in 30 days
None