Tract 1: 40 + or – Acres, Soil Productivity Index 116.65 using University of Illinois Soil Manual.…
Lot Number:1
Completed
Start Time:6/12/2023 5:00:00 AM
Bid Count:20
Winning Bidder:6****9
Starting Bid:$1.00
Bid Increment:$25.00
Current Bid:$15,400.00/Acre x 40 Acres= $616,000.00
40 Acres
Bidding complete

Tract 1: 40 + or – Acres, Soil Productivity Index 116.65 using University of Illinois Soil Manual. The current crop belongs to the farm tenant. New owner will receive ½ of the 1/3rd crop share the sellers receive at the completion of fall harvest 2023. Located in Sec 32 Grove E. Township, Jasper County, IL

No donations for this lot

CRP acreage is estimated from the auction company.  The USDA will measure the exact acres of CRP for the new owners. If new owners terminate CRP acres, they will be responsible for paying back the USDA. CRP payment is $273.93 per acre on CP22 expires Oct 2037 and $111.60 per acre on CP2 expires Oct 2030. Sellers will pay 2023 taxes due 2024 on tract 1.  Tract 2, 3, and 4 will be prorated to date of closing.  USDA CRP payments will be prorated to date of closing.

Pre bidding opens up on June 11th.

Bidding is by the acre!  The final bid price will be multiplied x acres in each tract.

Tract 1 final bid price x 40

Tract 2 final bid price x 40

Tract 3 final bid price x 20

Tract 4 final bid price x 6

Tract 1 will be offered by itself.  Tract 2, 3 & 4 will be offered privilege by the acre.  The highest bidder will have the choice to choose each tract.  They may choose 1 tract, 2 tracts or 3 tracts.  If they choose one tract we will open up the bidding in the final 2 tracts.  If they choose 1 tract we will open up the bidding on the final tract.

TERMS & CONDITIONS: Land offered by the acre.  Real Estate is sold "As Is". 10% down the day of sale remainder due at closing in 30 days. The property will be sold in a manner resulting in the highest sale price subject to sell conformation.  All markers on maps are simply to be used as guidelines. The successful bidders will be required to enter into a purchase agreement at the auction site following the close of the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents

Rural Jasper County
Newton, Illinois 62448
United States

106 + or – Acres Jasper County Farmland & Hunting Land

Live in Person Auction w/online bidding available

CARMA DIEL ESTATE

Wednesday, July 12th 6:00PM

Auction Site: Schmid Auction Center 909E Main St., Teutopolis, IL 62467

Directions: North of Dieterich and South of Montrose, IL off the Dieterich/Montrose Blacktop go east on 1400th Ave 6.3 miles to Gila.  Then go east on 1800N 1.7 miles and south on 800E 2 miles to tract 1.  Then  east and south on 1600th 1.4 miles to tracts 2, 3 & 4.

Tract 1: 40 + or – Acres, Soil Productivity Index 116.65 using University of Illinois Soil Manual. The current crop belongs to the farm tenant. New owner will receive ½ of the 1/3rd crop share the sellers receive at the completion of fall harvest 2023. Located in Sec 32 Grove E. Township, Jasper County, IL

Tract 2: 40 + or – Acres, .56 + or – acres CRP CP2, 7 acres food plots remainder wooded, incredible hunting land. CRP payment is $111.60 per acre CP2 expires Oct. 2030.  Located in Sec 3 & 4 Wade NW Township, Jasper County, IL

Tract 3: 20 + or – Acres, 1.4 + or - acres CRP CP 22 Tree Program $273.93/acre expires Oct 2037, 5.45 + or – acres CRP CP2 $111.60/acre expires Oct 2030, remainder wooded hunting land. Located in Sec 3 Wade NW Township, Jasper County, IL

Tract 4: 6 + or – Acres wooded hunting land. . Located in Sec 3 Wade NW Township, Jasper County, IL

CRP acreage is estimated from the auction company.  The USDA will measure the exact acres of CRP for the new owners. If new owners terminate CRP acres, they will be responsible for paying back the USDA. CRP payment is $273.93 per acre on CP22 expires Oct 2037 and $111.60 per acre on CP2 expires Oct 2030. Sellers will pay 2023 taxes due 2024 on tract 1.  Tract 2, 3, and 4 will be prorated to date of closing.  USDA CRP payments will be prorated to date of closing. All of the wooded land was logged in 2019 and should be ready for logging again in 6 to 7 years.

Executor: Bradley Diel

Terms & Conditions:  Bid Live or remote on the internet.  Bidding is by the acre. Pre-bidding starts on June 12th.  No buyer premium. Bidding is by the acre. Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.