Auction Information
116.51 Acres - August 29, 2015
116.51 ACRES - Saturday, August 29, 2015 11:00AM
REAL ESTATE SELLS AT 12:00 NOON
Location of Auction: Auction will be held on site 658 Winterberry Ln., Flora, IL (WATCH FOR SIGNS)
Location of Land: At the intersection of Highway 45 and Highway 50 east of Flora go south on Highway 45 2 1/2 miles to Winterberry Lane then go west on Winterberry Lane 1/4 mile. All acreage is approximately 2.5 miles Southeast of Flora, IL and 35miles South of Effingham, IL (WATCH FOR SIGNS)
TRACT 1 90 acres more or less being part of Section 5, T2N, R7E of the 3rd P.M., Clay County., IL
This acreage has paved county road frontage on its northern border and is a gently rolling tract of farmland. Tract 1 contains approximately 73.03 FSA measured tillable acres currently in row crop production (81%). The balance of the property consists of three wooded waterways that bisect the property. With very little wor...
This acreage has paved county road frontage on its northern border and is a gently rolling tract of farmland. Tract 1 contains approximately 73.03 FSA measured tillable acres currently in row crop production (81%). The balance of the property consists of three wooded waterways that bisect the property. With very little work this property could easily have more acreage put into row crop production. The weighted crop productivity index of this tract is 91.5. Soil types are Blair, Bluford, Hoyleton, Cisne, Wakefield, Ava, & Wynoose Silt Loam.
TRACT 2 26.51 acres more or less being part of Section 5, T2N, R7E of the 3rd P.M., Clay County, IL
This acreage has paved county road frontage along its southern border and is an excellent tract of farmland that lies level to slightly rolling. Tract 2 contains approximately 24.42 FSA measured tillable acres currently in row crop production (92%). The balance of the property is a wooded waterway near the southeast corner of the property. The weighted crop productivity index of this tract is 96. Soil types are Wynoose, Bluford, Blair, & Hoyleton Silt Loam.
TRACT 3 116.51 acres (Combination of Tracts 1 and 2)
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due within 30 days. Possession at closing subject to present tenancy agreement. Sellers to receive the landowners share of the 2015 farm income. Sellers guarantee good and merchantable title. Sellers will pay the 2014 real estate taxes due and payable in 2015 and 2015 taxes due in 2016. Buyer(s) will pay all subsequent taxes. Sellers retain all production for the duration of the present lease. Sellers also retain 3/4 of their current mineral rights for any new production for 20 years or as long as production exists thereafter. 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. All boundary lines are estimates of true boundaries and are to be used for illustrative purposes only. No Buyers Premium
SELLERS: LARRY STRANGE AND BILL STRANGE
ATTORNEY FOR THE SELLERS: GARY MILONE OF COBLE & MILONEFLORA, IL
CARSON AUCTION, REALTY & APPRAISAL CO.
COL. BILL CARSON #440.000347 & COL. JUSTIN CARSON #441.001711
Justin Carson, Real Estate Managing Broker, Certified General Appraiser, & Auctioneer 618-838-6759
Bill Carson, Auctioneer & Real Estate Broker 618-838-8917 or 618-662-4911
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Location of Auction: Auction will be held on site 658 Winterberry Ln., Flora, IL (WATCH FOR SIGNS)
Location of Land: At the intersection of Highway 45 and Highway 50 east of Flora go south on Highway 45 2 1/2 miles to Winterberry Lane then go west on Winterberry Lane 1/4 mile. All acreage is approximately 2.5 miles Southeast of Flora, IL and 35miles South of Effingham, IL (WATCH FOR SIGNS)