PUBLIC AUCTION – THURSDAY, SEPTEMBER 13, 2018 6:00PM
59.45 ACRES QUALITY FARMLAND AND WOODED ACREAGE
Location: From Cisne, IL go southeast on Hwy. 45 2.5mi. To County Road 1700N, then go west 1.5mi. To CR 1450E, then go south 1/4mi. Tract 1 is on the east side of the road and Tracts 2 and 3 are on the west sides. Approx. 12mi. N of Fairfield, IL, 50mi. S of Effingham, IL & 90mi. E of St. Louis, MO.
Location of Auction: Cisne Community Center—403 Park St., Cisne, IL (1 block S. of Hwy. 45 at the Citgo Gas Station)
Legal Description: Tract 1 – The N 1/2 SW NE Sec. 28, T1N R7E 3rd P.M, Tracts 2 & 3 – SE 1/4 NW 1/4 Sec. 28, T1N R7E 3rd P.M.
TRACT 1 19.45 acres +/- Farmland
- This is a very attractive tract of all tillable farmland
- Approx. 19.58 acres tillable (98%) in row crop production
- Soil Types: Wynoose and Bluford
- Weighted Crop Productivity Index (CPI) of 96.9
- 1/8 mile township road frontage along the western border
TRACT 2 20 acres +/- Farmland and Woods
- Quality tract of farmland with recreation
- Excellent home site with older block building
- Approx. 12.83 acres tillable (64%) in row crop production
- Tillable Soil Types: Wynoose, Passport, Zanesville, Hickory-Passport, Ava, Hickory-Kell, Bluford
- Tillable Acres Weighted Crop Productivity Index (CPI) of 90.6
- 1/8 mile township road frontage along the eastern border
TRACT 3 20 acres +/- Farmland and Woods
- Quality tract of farmland with recreation
- Excellent home sites
- Approx. 16.3 acres tillable (82%) in row crop production
- Soil Types: Bluford, Wynoose, Passport, Ava, Hickory-Kell, Hickory-Passport
- Tillable Acres Weighted Crop Productivity Index (CPI) of 94.7
- 1/8 mile township road frontage along the eastern border
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before October 16, 2018. Sellers guarantee good and merchantable title. Seller will pay the 2017 real estate taxes due and payable in 2018. Buyer(s) will pay all subsequent taxes thereafter. 2016 real estate taxes on Tract 1 were $97.62 and Tracts 2 and 3 combined were $309.60. Seller retains 1/2 of their mineral rights for 20 years and as long as production exists thereafter. Possession will be following the 2018 fall harvest. 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
SELLER: MARILYN D. BENNETT
