SOLD FOR 920,400 ($11,800/AC)
PUBLIC LAND AUCTION – CLAY COUNTY, IL
78 ACRES OF TOP QUALITY CLAY COUNTY FARMLAND
100% TILLABLE ACREAGE
THURSDAY, APRIL 25, 2024 9:00AM
OFFERED IN 3 TRACTS – LIVE IN PERSON BIDDING ONLY
Location: From the intersection of Hwy. 45/50 just east of Flora, IL go east on Hwy. 50 3 miles to Dutch Hale Rd., turn south and go 2 miles. All tracts are on the east side of the road.
Approx. 6mi. southeast of Flora, IL; Approx. 35mi. South of Effingham, IL; Approx. 90mi. East of St. Louis, MO
Location of Auction: Clay City Community Center — South 1st Street, Clay City, IL (Watch For Signs)
TRACT 1 40 acres +/- Farmland
- PIN: 15-01-300-001
- NW 1/4 SW 1/4 Sec. 1, Stanford (S) Twp., Clay Co., IL
- This is an outstanding tract of tillable farmland.
- Approx. 40 tillable acres (100%) in row crop production
- Soil Types: Cisne and Hoyleton
- Weighted Crop Productivity Index (CPI) of 109
- Dutch Hale Road and Silverrod Lane
TRACT 2 38 acres +/- Farmland
- PIN: 11-36-300-006 (Part)
- Part SW 1/4 SW 1/4 Sec. 36, Stanford (N) Twp., Clay Co., IL
- This is another quality tract of tillable farmland.
- Approx. 37.12 tillable acres (98%) in row crop production
- Soil Types: Wynoose and Hoyleton
- Weighted Crop Productivity Index (CPI) of 103.1
- Dutch Hale Road Frontage on western border
TRACT 3 78 acres +/- (Combination of Tracts 1 & 2)
TERMS ON REAL ESTATE: Sellers reserve the right to reject any and or all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before May 28, 2024. Sellers guarantee good and merchantable title. Real estate is selling “as is” with no guarantees or warranties. Sellers will not be providing a survey. Sellers will pay the 2023 real estate taxes due and payable in 2024. Buyer(s) will pay all subsequent taxes thereafter. 2022 real estate taxes were: Tract 1 – $788.04, Tract 2 – $655.10. Sellers retain 1/2 of their mineral rights for 10 years and as long as production exists thereafter. Possession will be following the removal of the 2024 crop. The buyer(s) will receive the cash rent for the 2024 farming season. Sellers will provide a credit at closing to the buyer(s) for the 2024 cash rent of $175/ac. 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
SELLERS: THE ESTATE OF MAXINE FILDES
Sellers Attorney: Aaron Leonard of Taylor Law Office—Flora, IL
CARSON AUCTION & REALTY CO.
204 E. North Ave. – Flora, IL
(618) 662-4911
