Auction Information
Online Bidding Site8,273 Acres in Farina, IL
Online Only Land Auction 82.73 + or Acres Fayette County, IL
Auction starts closing Wed April 10th 1:00PM
Rural Farina IL
Tract 1 41.44 + or Acres, 41 + or tillable acres, Located in Sec 31 LaClede Township Fayette County IL Soil Productivity index 113.37 new owner will receive $5,740 cash rent on or before Aug. 30th, 2024, and farming rights after fall harvest 2024. Parcel # 08-21-31-100-007
Tract 2 41.29 + or Acres, 41 + or 1 tillable acres, Located in Sec 31 LaClede Township Fayette County IL Soil Productivity index 112.05 new owner will receive $5,740 cash rent on or before Aug. 30th, 2024, and farming rights after fall harvest 2024. Parcel # 08-21-31-100-008
Tract 1 final bid x 41.44
Tract 2 final bid x 41.29
Bidding is by the acre. Tracts will not be combined. At 1PM Central Standard time on April 10th when there is a bid on either tract 3 minutes will be added if the time...
Bidding is by the acre. Tracts will not be combined. At 1PM Central Standard time on April 10th when there is a bid on either tract 3 minutes will be added if the time is less than 3 minutes.
Tract 1 Fayette County, Illinois (IL051)
Map Unit Symbol Map Unit Name Percent of AOI
2A Cisne silt loam, 0 to 2 percent slopes 12.1%
3A Hoyleton silt loam, 0 to 2 percent slopes 46.7%
218A Newberry silt loam, 0 to 2 percent slopes 4.5%
912A Hoyleton-Darmstadt silt loams, 0 to 2 percent slopes 36.7%
Totals for Area of Interest 100.0%
Tract 2 Fayette County, Illinois (IL051)
Map Unit Symbol Map Unit Name Percent of AOI
3A Hoyleton silt loam, 0 to 2 percent slopes 56.7%
912A Hoyleton-Darmstadt silt loams, 0 to 2 percent slopes 43.3%
Totals for Area of Interest 100.0%
All of sellers mineral, oil, and gas title, if any, will pass without warranty of title or title evidence. The final bid price will be multiplied by the total number of acres in each tract. Such number will be put in the purchase agreement.
Sellers: Tract 1 Allen Dippold, Tract 2 Dawn Zeiger
Terms & Conditions: Real Estate is sold As Is. 10% down sale remainder due at closing approx. 40 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at the auction site. It is the potential bidders responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.
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