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Farmland Auction - 73 Acres
Listing ID#: 1491025
| Auction Location |
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Fairbury, IL 61739 |
| Auction Dates and Times |
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Thursday Mar 30, 2023 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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Bradleys' Auction Service Inc. Website: bradleyauctionsinc.com GoToAuction.com ID#: 6382 View company information and listings |
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| Listing Terms and Conditions |
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Cash, Check, Credit Card Day of Auction. Announcements day of auction to take precedents over printed material. All items sold as-is.
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| Listing Information |
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Farmland Auction
Auction to Be Held At: The Fairbury V.F.W. Post #9789
Located At: #205 E. Locust St., Fairbury, IL. 61739 (Downtown Fairbury)
Thursday, March 30, 2023 at 10:00 A.M.
73.34 Acres M.O.L. - In 1 Tract with NO Improvements
EPPARDS POINT TWP., LIVINGSTON CO., IL.
Farm Location: 2-1/2 Miles Southwest of Pontiac, IL on Old Rt. 66 (on West Side).
Tract Info : 73.34 Acres M.O.L.: Part of the East 1/2 of the Northeast 1/4 of Section 5, Twp. 27 North Range 5 East of the Third P.M. in Livingston County, Illinois
Tax ID #21-21-05-200-005, Weighted Average P.I. 119.8 Per U. of I. Bulletin 811
NOTE: DOES NOT INCLUDE THE HOME AND BUILDING SITE
U.S.D.A./FARM SERVICE AGENCY DATA:
FARM #10430
Farmland Acres: 72.09 Cropland Acres: 72.09
Base Acreage: 36 Corn 36 Soybeans PLC Yield: 164 Corn 53 Soybeans
Survey: A Survey will be Conducted Prior to Closing to Determine Exact Acreage and Property Lines. See Maps & Data @ www.bradleyauctionsinc.com 73.34 Acres Tenancy: The land is being sold subject to a cash rent lease with the current tenant for the 2023 crop year. (The new buyer will receive the cash rent payment of $21,630.00 Total Dollars for the 2023 Crop.)
Closing: On or Before May 1, 2023
Real Estate Taxes: Current Tax Amount ($2,166.94/Year)
Method of Sale: The Bidding will be on a Per Acre Basis and Multiplied by 73.34 Terms: 1.) Buyer will pay 10% of the Purchase Price Down on Auction Date and Enter into a written contract, (which will be available for review at the Auction and from the Seller’s Attorney, Prior to the Auction). Balance of the Purchase Price to be Paid at Closing. 2.) Seller will pay 2022 Year Taxes due in 2023. 2023 and all subsequent Taxes to be paid by the Buyers. 3.) Land is being sold subject to Right-of-Way for Roads and Easements of Record. 4.) Seller will provide a Title Policy in the amount of the purchase price. 5.) Bidding will be on a per Acre Basis. 6.) Sale is Subject to the Seller’s Confirmation. 7.)Announcements on Day of Auction shall take precedence over printed material. THIS IS A LIVE AUCTION, MUST BE PRESENT TO BID! Seller’s Attorney LAND IS POSTED WITH AUCTION SIGNS Seller: Reed-Metz Farm Trust
Justin Stoller
of
Stoller Law Office #15 W. Front St. El Paso, IL.
Ph: (309) 527-4300
Dan Grosshans Fairbury, IL Ph. 815-848-3836 IL. Lic.#440.000464 Brian Bradley Streator, IL Ph. 815-674-2543 IL. Lic.#440.000505 Walt Edelman Fairbury, IL Ph. 815-848-3911 IL. Lic.#440.000129 Brent Bradley Streator, IL Ph. 815-674-3367 IL. Lic.#440.000571 Auctioneers |
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Auction License: 440.000505 |
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