SOLD FOR $460,000 $8000/ac)
PUBLIC AUCTION
THURSDAY, SEPTEMBER 29, 2022 6:00PM
RICHLAND COUNTY, IL
57.5 ACRES
MOSTLY TILLABLE FARMLAND WITH HIGHWAY 50 FRONTAGE
FOR ONLINE BIDDING GO TO THE BELOW LINK
RICHLAND CO. 57.5 ACRES MOSTLY TILLABLE FARMLAND | Live and Online Auctions on HiBid.com
Location: From the intersection of Hwy. 50 and Hwy. 130 in Olney, IL go west on Hwy. 50 3 miles. The property is on the south side of the highway. (Approx. 3mi. West of Olney, IL, 45mi. Southeast of Effingham, IL & 75mi. NW of St. Louis, MO.)
Location of Auction: Best Western Hotel — 367 N. West St., Olney, Illinois (Watch for Signs)
57.5 acres +/- Quality Farmland
• PIN: 10-12-400-004; 10-12-300-007
• Sort Legal: Part of the S 1/2 of Sec. 12, T3N R9E 3rd P.M.,
• Richland County, IL
• This is a quality tract of mostly tillable farmland
• Approx. 47.91ac tillable (83%) in row crop production
• Soil Types: Bluford, Belknap, Racoon, Passport, Wynoose, Hickory, Camden
• Weighted Crop Productivity Index (CPI) of 102.3
• Open farm tenancy for the 2023 farming season
TERMS ON REAL ESTATE: Sellers reserve the right to reject any and all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before October 28, 2022. Sellers guarantee good and merchantable title. No survey will be provided by the sellers. Sellers to pay the 2021 and 2022 real estate taxes, buyer(s) will pay all subsequent taxes thereafter. 2021 real estate taxes were $814.88. Sellers retain no mineral rights; however, subject to any prior reservations. Possession will be following the removal of the 2022 crop. Sellers shall retain the landowner’s share of the 2022 crop. Seller 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 through HiBid. Go to www.carsonauctionandrealty.com for online bidding rules and instructions.
SELLER: Greta Nettleton
COL. JUSTIN CARSON #441.001711
Managing Broker, Certified General Appraiser, & Auctioneer
618-662-4911
204 E. North Ave., Flora, IL 62839
www.carsonauctionandrealty.com
