PUBLIC AUCTION
SOLD FOR $466,343.75 ($3110/AC)
THURSDAY, OCT. 29, 2020 6:00PM
CLAY COUNTY, IL
150+/- ACRES
LAKE, HUNTING, CRP, HOMESITES
LIVE AND ONLINE BIDDING AVAILABLE
Location: From the intersection of Hwy. 50 and the Dieterich Blacktop in Clay City, IL go E. 2mi. To Mayflower Rd., go N. 3mi. To Gaskin Lake Rd., go E. 1/4 mi. Approx. 4mi. NE of Clay City, IL, 35mi. SE of Effingham, IL & 100mi. E of St. Louis, MO.
Location of Auction: Clay City Community Center —S. 1st St. SE, Clay City, IL
Partial Legal Description: All tracts are located in Sec. 3, Clay City (N) Twp., Clay Co., IL
TRACT 1 30 acres +/-Lake Frontage, CRP, Beautiful Building Sites
- This is an outstanding tract of land for a country homesite or weekend recreation location with rural water available.
- 25.10 CRP acres paying $155.50 = $3,903/yr. contract expires 9/30/2035
- This tract lays level to slightly rolling with ideal building locations.
- County road frontage on Gaskin Lake Rd. on two sides.
TRACT 2 33.27 acres +/- Lake Frontage, CRP, Established Building Site
- This is another highly desirable tract with an established building location with rural water available.
- 13.3 CRP acres paying $155.50 = $2,068/yr. contract expires 9/30/2035
- This tract lays level to slightly rolling and is improved with a beautiful established lakefront building location with an older garage and pole barn situated at the end of a long private driveway.
- County road frontage on Gaskin Lake Rd. & Waterlily Rd.
TRACT 3 78.38 acres +/- Private Lake, Cabin, Hunting, CRP Income
- This tract offers a private lakefront experience with a one-of-a-kind entertainment, recreation, or country living location.
- 18.7 CRP acres paying $155.50 = $2,908/yr.
- This tract includes the majority of Gaskin Lake and is improved with a 2bd/2ba cabin, large pavilion ideal for entertaining, & an older livestock barn. This tract also has all utilities in place.
- County road frontage on Gaskin Lake Rd. & Waterlily Rd.
TRACT 4 8.27 acres +/- Lakefront Homesites, Peaceful Country Setting
- This is another attractive recreational tract with row crop income.
- This tract has multiple lakefront building location and is improved with a 3bd/2ba singlewide home and detached garage. This tract also has all utilities in place.
- County road frontage on Waterlily Rd.
TRACT 5 149.92 acres +/- Combination of Tracts 1 – 4
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before December 11, 2020. Sellers guarantee good and merchantable title. Real estate taxes will be pro-rated to the date of closing. CRP payments will be pro-rated to the date of closing. Sellers retain all mineral rights for 20 years and as long as production exists thereafter. Possession will be at closing. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium
ONLINE BIDDING: Bidders will be allowed to bid in person at the live auction or they have the option of bidding online. Go to www.carsonauctionandrealty.com for online bidding rules and instructions.
SELLER: RONALD G. BANGERT
ATTORNEY FOR THE SELLER:
AARON LEONARD OF TAYLOR LAW OFFICE – FLORA, IL
