SOLD! TRACT 1 – $7,400.00 PER ACRE
SOLD! TRACT 2 – $6,000.00 PER ACRE
TOTAL – $1,073,410.00
160.2 SURVEYED ACRES • 2 TRACTS
TUESDAY, NOVEMBER 27, 2018 AT 5:00 P.M.
Sale to be held at the Bellflower Community Center in Bellflower, IL (SE of Bloomington, IL)
LOCATION & GENERAL INFORMATION
The Schneider Farm is located just west of Bellflower, IL in Section 20, T22N•R6E, Bellflower Township, McLean County, IL. (Bellflower, IL is located approximately 32 miles southeast of Bloomington, IL or approximately 25 miles northwest of Champaign, IL.)
The 5 year yield history is 201.7 bpa for corn and 57.9 bpa for beans
Tract 1 – 80.15 Surveyed Acres
- FSA figures should indicate 79 acres of NHEL cropland currently in row crop production
- PI Rating: 115.1
- Productive soil types include Varna, Ashkum, Chenoa & Swygart
- Access is along the west side by N 3700 E Rd.
Tract 2 – 80.05 Surveyed Acres
- FSA figures should indicate 78.9 acres of NHEL cropland currently in row crop production
- PI Rating: 116.4
- Productive soil types include Varna, Chenoa & Ashkum
- Access is along the west side by N 3700 E Rd. & along the south side by E 400 N Rd.
METHOD & TERMS
Both tracts have recently been surveyed, and will sell on a price per acre basis, based on said survey. Tracts 1 & 2 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) either or both tracts for their high bid. Auctioning will continue until both tracts have been sold. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at closing, on or before Thursday, December 27, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes will be paid by the seller, with the 2019 and all subsequent years being paid by the new buyer. Possession will be given at closing subject only to tenancy for the 2018 crop year. The farm sells free & clear for the 2019 crop year.
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”.
TILE • INSTALLED IN 2014
Schneider Farm Trust
Dennis Quimby • Carol Gingerich • Sandra Hare • Sharon Cole
Auction Manager: Kevin Haas • 309-264-7767