Lot # : 1 - 45.92 ac

Online Only Auction
45.92 ac
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Price Realized:
464,100.00 USD
Shipping Available
Mattoon, Il 61938
Date(s)
4/24/2024 - 5/17/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money ... Show More

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 45.92 ac
Description
LAND AUCTION 45.92 AC ONLINE BIDDING ONLY STARTS: Monday, April 22, 2024 @ 10:00 am ENDS: Friday, May 17, 2024 @ 10:00 am 45.92 Taxable Acres 22 tillable 23.92 timber with approximately 2.5 ac of Black walnut Coles County, Section 19 Lafayette Township Legal-PT OF SEC 19 BK874 PG133 PIN: 06-0-00687-000 2022 Taxes: $548.28 2023 Taxes: Will be pro-rated based on the most recent data from Assessor’s Office LOCATION: 1 Mile south of Mattoon at the corner of Odd Fellows Rd and Old State Rd Yield History: 2022 Soybeans 75 bu/ac. 2023 Corn 234 bu/ac. TERMS AND CONDITIONS Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money will be due at the time of the contract which will be credited to the buyer at closing, on or before June 17, 2024. Policy showing merchantable title will be furnished subject to easements and restrictions of record. Sellers’ rights in minerals will be conveyed, but not warranted. Closing will be at ACTS Title in Charleston. Possession at closing, subject to tenant rights. 2024 Farm lease is 50/50 crop share. Buyer will receive sellers share of the 2024 crop at harvest minus input expenses. Sellers- Peterson Family Farms
Name Peterson Family Farms
Auctioneer
Josh Burgener Auction & Realty
Type Online-Only Auction
Date(s) 4/24/2024 - 5/17/2024
Auction Date/Time Info
Auction Closes May 17th at 10:00 am
Preview Date/Time Call Josh to set up appointment 217-820-0182
Checkout Date/Time Closing will be on or before June 17th 2024
Location
1018 E 2400 N Rd
Mattoon, Il 61938
Buyer Premium No Buyers Premium
Description
LAND AUCTION 45.92 AC ONLINE BIDDING ONLY STARTS: Monday, April 22, 2024 @ 10:00 am ENDS: Friday, May 17, 2024 @ 10:00 am 45.92 Taxable Acres 22 tillable 23.92 timber with approximately 2.5 ac of Black walnut Coles County, Section 19 Lafayette Township Legal-PT OF SEC 19 BK874 PG133 PIN: 06-0-00687-000 2022 Taxes: $548.28 2023 Taxes: Will be pro-rated based on the most recent data from Assessor’s Office LOCATION: 1 Mile south of Mattoon at the corner of Odd Fellows Rd and Old State Rd Yield History: 2022 Soybeans 75 bu/ac. 2023 Corn 234 bu/ac. TERMS AND CONDITIONS Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money will be due at the time of the contract which will be credited to the buyer at closing, on or before June 17, 2024. Policy showing merchantable title will be furnished subject to easements and restrictions of record. Sellers’ rights in minerals will be conveyed, but not warranted. Closing will be at ACTS Title in Charleston. Possession at closing, subject to tenant rights. 2024 Farm lease is 50/50 crop share. Buyer will receive sellers share of the 2024 crop at harvest minus input expenses. Sellers- Peterson Family Farms
Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money will be due at the time of the contract which will be credited to the buyer at closing, on or before June 17, 2024. Policy showing merchantable title will be furnished subject to easements and restrictions of record. Sellers’ rights in minerals will be conveyed, but not warranted. Closing will be at ACTS Title in Charleston. Possession at closing, subject to tenant rights. 2024 Farm lease is 50/50 crop share. Buyer will receive sellers share of the 2024 crop at harvest minus input expenses. Sellers- Peterson Family Farms
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
Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money will be due at the time of the contract which will be credited to the buyer at closing, on or before June 17, 2024. Policy showing merchantable title will be furnished subject to easements and restrictions of record. Sellers’ rights in minerals will be conveyed, but not warranted. Closing will be at ACTS Title in Charleston. Possession at closing, subject to tenant rights. 2024 Farm lease is 50/50 crop share. Buyer will receive sellers share of the 2024 crop at harvest minus input expenses. Sellers- Peterson Family Farms
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