Auction Information
22.43 Acres in Olney, IL
RICHLAND COUNTY 22.43 ACRES QUALITY FARMLAND & COUNTRY HOME
THURSDAY, JANUARY, 2024 11:00AM
Open House: Friday, January 5 3-5PM
OFFERED IN 3 TRACTS LIVE IN PERSON & ONLINE BIDDING
Location of Auction: Auction will be held on site at 4171 N. Holly Road, Olney, Illinois
TRACT 1 21.94 acres +/- Farmland
PIN: 11-02-200-030; 11-02-400-017; 11-02-400-015
Located at the southeast edge of Olney, IL
Holly Road frontage on eastern border
1/4 mile south of Highway 50
Part NE/4 SE/4 Sec. 2, Olney Twp., Richland Co., IL
Approx. 19.92 tillable acres (91%) in row crop
Soil Types: Bluford, Blair, Wynoose
Weighted Crop Productivity Index (CPI) of 95.2
Outstanding development location
Quality farmland with paved road frontage
TRACT 2 Country Home on .50 Acres +/-
PIN: 11-02-400-015
4171 N. Holly Road, Olney, IL
1974 manufactured home with addition
Home has approximately 1850sq.ft. of livin...
Home has approximately 1850sq.ft. of living space
3 bedroom / 2 bath, living, kitchen/dining, enclosed front bonus room, enclosed back porch
24X24 attached two car garage
Gas forced heat furnace replaced in 2015
Drilled water well; Rex vault septic system
This tract offers an affordable country home with an outstanding country location that offers the peace and quiet of country life but the convenience of being only minutes from town on a paved road and only 1/4 mile from Highway 50.
TRACT 3 Combination of Tracts 1 & 2
TERMS ON REAL ESTATE: Sellers reserve the right to reject any and or all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before February 20, 2024. Sellers guarantee good and merchantable title. Real estate is selling as is with no guarantees or warranties. Sellers will not be providing a survey. Real estate taxes will be pro-rated to the date of closing. Estimated real estate taxes based on 2022 are $265.38. Sellers shall retain no mineral rights; however, subject to any prior reservations. Possession will be at closing subject to farm tenants rights. The buyers will receive the landlords share of the 2024 crop income. 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. No Buyers Premium
SELLERS: PHYLLIS SLUNAKER AND THE GAILE HERRIN HEIRS
ATTORNEY FOR THE SELLERS: BARTLEY C. ZUBER OLNEY, IL
CARSON AUCTION & REALTY CO.
COL. JUSTIN CARSON #441.001711
Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911
204 E. North Ave., Flora, IL 62839
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Research Parcel InformationDirections
Location: From the intersection of Highway 130 and Highway 50 go east on Highway 50 2 miles to Holly Road, turn south and go 1/4 mile. The property is on the west side of the road.
Southeast edge of Olney, IL; Approx. 45mi. Southeast of Effingham, IL; Approx. 70mi. Northwest of Evansville, IN