49.419 + or – Acre Clay County Online Only Farmland Auction (timed auction) Monday, March 18th @…
Lot Number:1
Completed
Start Time:2/20/2024 6:00:00 AM
End Time:3/18/2024 6:04:40 PM
Bid Count:302
Winning Bidder:5****0
Starting Bid:$25.00/Acre
Bid Increment:$25.00
Current Bid:$9,850.00/Acre x 49.419 Acres= $486,777.15
49.419 Acres
Bidding complete

49.419 + or – Acre Clay County Online Only Farmland Auction (timed auction)

Monday, March 18th @ 1:00PM - Spring 2024 Farming Rights!!

North of Louisville IL and South of Hord go east on Finch Ln. County Rd. 1625 a ½ mile.

49.419 + or – acres, 45.575 FSA + or – tillable acres, & approx. 2.64 acres of CRP @ $175 an acre on the north and east side of tillable acres. There is a 20ft. easement to the land directly off Finch Ln. (2 Finch Lanes in Clay County). Previous crop was corn. Located in Sec 26 Blair Township, Clay County, IL. Soil PI 106.1 Spring Farming rights 2024

Clay County, Illinois (IL025)

Map Unit Symbol

Map Unit Name

 

Percent of AOI

7C3

Atlas silty clay loam, 5 to 10 percent slopes, severely eroded

 

6.4%

12A

Wynoose silt loam, 0 to 2 percent slopes

 

12.7%

13A

Bluford silt loam, 0 to 2 percent slopes

 

53.9%

13B

Bluford silt loam, 2 to 5 percent slopes

 

5.3%

14B

Ava silt loam, 2 to 5 percent slopes

 

17.0%

14C2

Ava silt loam, 5 to 10 percent slopes, eroded

 

4.7%

Totals for Area of Interest

 

100.0%

 

Sellers: Eric and Andrea Moorman

Whenever there is a bid the extend @ 1pm on March 18th the auction will extend an additional 4 minutes. Land is offered by the acre. The high bid will be multiplied x 49.419

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

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. Buyer or buyers will have farming rights this spring even if the property has not closed yet. 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

49.419 + or – Acre Clay County Online Only Farmland Auction (timed auction) surveyed acres

Monday, March 18th @ 1:00PM - Spring 2024 Farming Rights!!

North of Louisville IL and South of Hord go east on Finch Ln. County Rd. 1625 a ½ mile.

49.419 + or – acres surveyed, 45.575 FSA + or – tillable acres, & approx. 2.64 acres of CRP @ $175 an acre on the north and east side of tillable acres. There is a 20ft. easement to the land directly off Finch Ln. (2 Finch Lanes in Clay County). Previous crop was corn. Located in Sec 26 Blair Township, Clay County, IL. Soil PI 106.1 Spring Farming rights 2024

 

Online Only Timed Auction – Monday March 18th @ 10am auction begins to close!

ZERO BUYER PREMIUM

 

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

 

DYNAMIC CLOSING: The auction will begin to close on Monday March 18th. The closing time will automatically extend an additional 4 minutes whenever a bid is placed within the last 4 minutes of the TRACT CLOSING. Bidding is by the acre. The final bid price of each tract will be multiplied by the acres 49.414

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. Fraudulent bids will not be tolerated, and it is a felony.

 

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

 

Bid Increments: $25 a bid. FINAL BID PRICE MULTIPLIED X 40 ACRES

 

49.414 + or – Acre Online Only Farmland (timed auction)

 

Property is north of Louisville IL

 

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

Terms & Conditions:  Real Estate is sold “As Is.” 10% down sale remainder due at closing approx. 30 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Buyer or buyers will have immediate farming rights. 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.

 

 

 

 

Illinois
United States

49.419 + or – Acre Clay County Online Only Farmland Auction (timed auction) surveyed acres

Monday, March 18th @ 1:00PM - Spring 2024 Farming Rights!!