75 ACRES± • 1 TRACT • ADAMS COUNTY, IL
FRIDAY, NOVEMBER 27, 2015 AT 10:00 A.M.
SOLD! $8,000.00 PER ACRE
Sale to be held at the Golden Windmill, 902 Prairie Mills Rd., Golden, IL
Land is located in Section 10 of Clayton Township, Adams County, IL and is generally located southeast of Golden, IL or north of Clayton, IL.
DIRECTIONS: From Clayton, IL, take Augusta Rd. (#2900) north 3.5 miles to Rd. #2200, then left or west 1.25 miles to Rd. #2800, then right or north .5 mile. From Golden, IL, take Hwy. 94 south 2 miles to Rd. #2200, then left or east 3 miles to Rd. #2800, then left or north .5 mile to the farm.
This farm represents productive cropland, along with approximately 10 acres of CRP!
- The “Buss Farm” has approximately 73.78 acres of cropland, of which approximately 59.04 acres are currently in corn/bean crop rotation and 14.7 acres enrolled in CRP at a payment rate of $105.00/acre through October of 2021 for an annual payment of $1,535.00.
- PI Rating (entire farm) – 116.8
- Predominant soil types: Timewell (25.2%); Clarksdale (22.8%); Fishhook (12.8%); Keller (10.1%) & various other soil complexes from 1% – 5% of the farm.
- Access is along the west by Road #2800.
METHOD & TERMS
The farm will be sold on a price per acre basis, based on 75 acres.
Ten percent (10%) of the bid price to be paid on the day of sale, with the balance due per the terms of the written contract. Title insurance in the full amount of the purchase price will be provided by the sellers. Possession will be given at the time of closing, subject only to the current tenant for the ’15 crop year. The farm sells free and clear for 2016!
The 2015 real estate taxes will be paid by the sellers. Immediately after the auction, the successful buyer will enter into a written contract with the sellers, with said contract containing the usual language pertaining to land auctions. Sellers reserve the right to have the balance due paid, per the contract, part in 2015, with the remainder in 2016.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
Gerald J. & Joyce M. Buss
William L. Siebers
Scholz, Loos, Palmer, Siebers & Duesterhaus, LLP
Quincy, IL 62301
(217) 214-1000 (direct line)
(217) 223-3450 (fax)