Auction Information
243.01 Acre Ag/Rec Combo Land Auction, Macoupin Co IL
Both of these Western Macoupin County, Illinois tracts are a truly good mix of income-producing and recreational acreage. The farms are free of tenants rights for 2018.
Tract 1: 163.01 Taxable Acres
Of the 163.01 acres, 91.02 acres are in row crop and 19.1 acres are in CRP making it 67% income-producing land. The annual CRP income is $4,402 through 2026, which averages to $231.68 per acre a strong, long-term CRP payment. The farm has great recreational features including excellent timber that has not been logged in many years. The tillable land consists of two fields, both of which have good road access. Soils include Wakeland, Keomah, Rozetta, Hickory and Elco, with an average Productivity Index rating of 124.1. Taxes: $1,931.02.
Location: Macoupin County, Western Mound 7,17&18-10N-9W. 12 miles West of Carlinville.
Tract 2: 80 Taxable Acres
This 80 acre parcel is comprised of 36.47 ...
This 80 acre parcel is comprised of 36.47 row crop acres, all of which are NHEL, and 10.1 acres in CRP making it 58% income-producing land. Annual CRP income totals $2,357, an average of $235.70 per acre, and runs through 2017. The farm is a really nice mix of income-production and recreational opportunities. The timber is mature, as it has not been logged in many years. Soil types include Keomah, Fishhook and Rozetta, with an average Productivity Index rating of 116.6. Taxes: $457.76.
Location: Macoupin County, Polk 18-9N, 8W. 7 miles Southwest of Carlinville.
Mineral rights are in tact for both tracts. The topography for the tillable acreage on both tracts is level to rolling.
Seller: Dennis Sagez
Sales Terms: Upon conclusion of auction, Seller and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before April 3, 2018. Possession will be given at closing. The property is free of any tenants rights for 2018. Seller will convey by Warranty Deed, and will furnish title insurance in amount of the purchase price. Seller will pay the 2017 real estate taxes payable in 2018 by giving Buyer(s) a credit against the purchase price. Buyer will pay the 2018 real estate taxes and all years thereafter. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Sellers agent for Dennis Sagez and is not representing any Buyer(s). The property is being sold AS IS without representation or warranty expressed or implied. The sale is subject to Sellers approval. The property is being sold by the acre. Each tract to be sold separately and not offered back in any combination. Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to these properties. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liability for inaccuracies, errors or omissions is assumed by the owners or their agents.
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Tract 1 is 12 miles West of Carlinville, Illinois. Tract 2 is 7 miles Southwest of Carlinville, Illinois.