Tract 2 ● 40 + or – acres prime Farmland, 40 + or – tillable acres. Located in Sec. 20 Laclede…
Lot Number:2
Completed
Start Time:1/21/2024 6:00:00 AM
End Time:2/21/2024 7:39:00 PM
Bid Count:96
Winning Bidder:5****8
Starting Bid:$25.00/Acre
Bid Increment:$25.00
Current Bid:$13,775.00/Acre x 40 Acres= $551,000.00
40 Acres
Bidding complete
land

Tract 2 ● 40 + or – acres prime Farmland, 40 + or – tillable acres. Located in Sec. 20 Laclede Township, Fayette County, IL Soil PI 126.7

Wednesday, Feb 21st, 2024 @ 1:00PM

Property is located in Rural Farina and St. Peter, IL

Directions: In Farina IL go west on 185 over the interstate and go north on Rd. 2940E 1.5 miles to tracts 1, 2 and 3. To tract 4 on 185 east of St. Peter, IL go south on 2300th St. 7/10’s of a mile.

Fayette County, Illinois (IL051) Tract 2

Map Unit Symbol

Map Unit Name

 

Percent of AOI

2A

Cisne silt loam, 0 to 2 percent slopes

 

30.4%

48A

Ebbert silt loam, 0 to 2 percent slopes

 

35.0%

218A

Newberry silt loam, 0 to 2 percent slopes

 

34.6%

Totals for Area of Interest

 

100.0%

Sellers: Dale Brooks, Diane Bailey, and Rebecca De Long

Seller’s Attorney

McDevitt Osteen Choinicki & Deters

Dale Wolff

127 West Jefferson P.O. Box 507 Effingham, IL 62401

217-342-8060

 

Whenever there is a bid on any of the 4 tracts of land they will all extend for an additional 3 minutes. All tracts are offered separately but will close at the same time. Land is offered by the acre. The high bid on each tract will be multiplied by 40 acres.

All of seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.

The final bid price will be multiplied by the total number of acres in each tract 40 . Such number will be put in the purchase agreement.

Terms & Conditions:  Real Estate is sold “As Is.” 10% down sale remainder due at closing approx. 40 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. New owners will have farming rights at closing. 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 at the auction site. 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. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

 

 

No donations for this lot

ZERO BUYER PREMIUM

160 Acres Prime Fayette County Farmland

Bidding is by the acre.  Final bid price will be multiplied x 40.n

Four 40 Acre tracts of farmland

Tract 1 ● 40 + or – acres prime Farmland, 40 + or – tillable acres. Located in Sec. 20 Laclede Township, Fayette County, IL Soil PI 118.6

Tract 2 ● 40 + or – acres prime Farmland, 40 + or – tillable acres. Located in Sec. 20 Laclede Township, Fayette County, IL Soil PI 126.7

Tract 3 ● 40 + or – acres prime Farmland, 40 + or – tillable acres. Located in Sec. 20  Laclede Township, Fayette County, IL Soil PI 124.8

Tract 4 ● 40 + or – acres prime land, 38.04 + or – tillable acres of prime Farmland. Located in Sec. 33 Lone Grove Township, Fayette County, IL Soil PI 109.6

 

Whenever there is a bid in the last 4 minutes on any tract 3 minutes will be added. Bidding will be x acre and $25.00 increments.

THIS IS AN INTERNET ONLY AUCTION: Real Estate and all items sell as is, where is with all faults or flaws. Items sell with no warranty stated or implied.

DYNAMIC CLOSING: The auction will begin to close on WEDNESDAY Feb 21st @ 1 PM. The closing time will automatically extend an additional 3 minutes whenever a bid is placed within the last 3 minutes of the any tract closing. Bidding is by the acre. The final bid price of each tract will be multiplied by the acres 40.

Internet or bidding problems call the auction company immediately!!!!!

Example on bidding. If a person puts a bid of $1000.00 and the 2nd place bidder places a bid of $800. It will raise the person with the highest bid to $825.00 It will not automatically take a person to the highest bid they have submitted. $25 dollar bid increments.

AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. Zero buyer premium. Schmid Auction must be approved of by all bidders. After registering call Schmid Auction for approval.

When there is a bid on an item it will extend for 4 minutes.

Bid Increments: $25 a bid.

Terms & Conditions:  No buyer premium. Bidding is by the acre. Real Estate is sold "As Is". 10% down sale remainder due at closing approx 40 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 on sale day take precedence over printed material. Schmid Auction is not responsible for accidents.

RURAL FAYETTE COUNTY IL
Farina, Illinois 62838
United States

ZERO BUYER PREMIUM

160 Acres Prime Fayette County Farmland

ZERO BUYER PREMIUM

160 Acres Prime Fayette County Farmland