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  • STARTJan 22nd - 1:00pm

  • VENUEAmerican Legion

Shelby & Coles County, IL Land Auction

Sold! Tract 1 – $11,000 Per Acre

Sold! Tract 2 – $11,700 Per Acre

Sold! Tract 3 – $11,700 Per Acre

Sold! Tract 4 – $10,700 Per Acre

Sold! Tract 5 – $12,250 Per Acre

Total – $3,221,435

SURVEY COMPLETE: 281.23 SURVEYED ACRES • 5 TRACTS

(SEE SURVEY PLATS BELOW)

Monday, January 22, 2018 at 1:00 P.M.

AUCTION VENUE: American Legion, 1903 Maple Ave, Mattoon, IL 61938

 

LOCATION & GENERAL INFORMATION

Tracts 1 -4 are located approximately 12 miles southwest of Mattoon, IL in Sections 15, 16 & 21, T11N•R6E of Ash Grove Township, Shelby County, Illinois.

Tract 5 is located approximately 8 miles southeast of Mattoon, IL in Section 10, T11N•R8E, Pleasant Grove Township, Coles County, Illinois.

TRACT INFORMATION

Tracts 1 – 4 are located approximately 12 miles southwest of Mattoon, IL

Tract 1 – 39.81 Surveyed Acres

  • Tract 1 is located in the Northeast Quarter of the Northwest Quarter of Section 21, T11N•R6E (Ash Grove) Township, Shelby County, IL.
  • FSA figures indicate 38.81 acres of NHEL tillable farmland
  • Productive soils include Millbrook and Starks
  • Productivity Index: 126.6
  • Access is along the north by Rd. 1200N and the east by Rd. 3250E

 

Tract 2 – 39.34 Surveyed Acres

  • Tract 12 is located in the Southeast Quarter of the Northeast Quarter of Section 16, T11N•R6E (Ash Grove) Township, Shelby County, IL.
  • FSA figures indicate 38.47 acres of NHEL tillable farmland
  • 100% productive Drummer soil
  • Productivity Index: 144
  • Access is along the east by Rd. 3300E

 

Tract 3 – 40.99 Surveyed Acres

  • Tract 3 is located in the Southwest Quarter of the Northwest Quarter of Section 15, T11N•R6E (Ash Grove) Township, Shelby County, IL.
  • FSA figures indicate this tract contains nearly 100% NHEL tillable farmland
  • Productive soils include Drummer, Elburn and Starks
  • Productivity Index: 143.5
  • Access is along the west by Rd. 3300E

 

Tract 4 – 83.67 Surveyed Acres

  • Tract 4 is located in the West Half of the Southwest Quarter of Section 15, T11N•R6E (Ash Grove) Township, Shelby County, IL.
  • FSA figures indicate 77.5 acres of NHEL tillable farmland
  • Productive soils include Drummer, Millbrook, Camden, Starks and Sawmill
  • Productivity Index: 136.3
  • Access is along the west by Rd. 3300E and along the south by Rd. 1200N
  • This tract is improved with a 12,000 bushel capacity Butler grain bin with fan, dryer, drying floor and single phase electricity

 

Tract 5 is located approximately 8 miles southeast of Mattoon, IL

Tract 5 – 77.42 Surveyed Acres

  • Tract 5 is located in the West Half of the Northwest Quarter of Section 10, T11N•R8E (Pleasant Grove) Township, Coles County, IL.
  • FSA figures indicate 76.3 acres of NHEL tillable farmland
  • Productive soils include Drummer, Toronto and Raub
  • Productivity Index: 137.8
  • Access is along the north by Rd. 300N

 

METHOD & TERMS

All 5 tracts have recently been surveyed; the surveyed acres will be used to constitute the final settlement price. Tracts 1 – 5 will sell on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all tracts for their high bid. “Buyer’s Choice” of auctioning will continue until all tracts have been sold. The farm will NOT be offered in its entirety 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 the time of closing on or before February 22, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller. The 2018 real estate taxes & subsequent years will be paid by the buyer. The farm sells free & clear for the 2018 crop year. Full possession will be given at the time of closing.

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”.

 

PLAT MAPS

 

AERIAL MAPS

 

SOIL MAPS

 

PHOTOS

 

SURVEY PLATS

 

Dora Jane Bennett Trust

Cheryl Weber – Trustee

 

AUCTION MANAGER:

Kevin Haas (309) 264-7767

 

REPRESENTING ATTORNEY:

Stoller Law Office
James Stoller
El Paso IL
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Details

Date:
January 22
Time:
1:00 pm - 11:55 pm
Categories:
,

Venue

American Legion
1903 Maple Avenue, Mattoon, IL, 61938, United States.
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