Tuesday, February 23, 2021 at 10:00 A.M.
80 Taxable Acres • 1 Tract
SOLD! $10,900 PER ACRE
TOTAL – $872,000.00
Auction to be conducted as a virtual, online auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
Bidding Now Live – Place Your Bids!
Location and General Information
- The farm will be sold by the acre based on 80 taxable acres
- FSA records indicate 80.79 cropland acres, of which 76.9 acres are in row crop production and 3.89 acres is grass waterway.
- Soil Productivity Index (PI): 127.5
- Soil types include: Ashkum, Chenoa and Graymont
- Access along the west side by County Road 600 E
Information from the most recent real estate tax bill:
$2185.06 total tax due
- 7 Year Average Yield (per tenant):
- Corn – 193.3 bu./ac.
- Soybeans – 58.3 bu./ac.
Method & Terms
The Stonier farm will be sold by the acre on the basis of 80 taxable acres.
Immediately following the auction, the successful buyer will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before Thursday, March 25, 2021. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the sellers. The 2021 real estate taxes will be paid by the new buyer. Possession will be given at the time of closing and the farm sells free of tenancy for the 2021 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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.
Eurita M. Stonier Farm
Auction Manager: Kevin Haas (309) 264-7767