Inventory LOCATION OF LAND Approx. 6 miles south of Fairfield, IL on Rt. 45 to Barnhill X-roads then 1 to 1 miles west OR approx. 25 miles east of Mt. Vernon, IL. (Part of the acreage lays adjacent to Interstate 64)
LOCATION OF AUCTION Windsor Oaks Inn (Convention Center) off Interstate 64 and Route 1 located at the South edge of Grayville, IL
Tract 1 80 acres more or less
This acreage has one quarter mile road frontage on its Northern border and is considered the home place . It has been in continuous livestock pasture and hay for many years, but lays well with a north to south drain and would make a good grain farm. It has approx. 73 open tillable acres with the balance being a wooded grove with pond in the southeast corner and a building site near the northern border. This building site presently has an older steel sided and roofed storage building and a wood sided and framed lives...
This acreage has one quarter mile road frontage on its Northern border and is considered the home place . It has been in continuous livestock pasture and hay for many years, but lays well with a north to south drain and would make a good grain farm. It has approx. 73 open tillable acres with the balance being a wooded grove with pond in the southeast corner and a building site near the northern border. This building site presently has an older steel sided and roofed storage building and a wood sided and framed livestock barn that also would work well for machinery storage. This tract of land would be suited well for grain or livestock production with an attractive recreational area in the southeast corner and an ideal home site on the northern border.
Tract 2 83.4 acres more or less
This acreage is located one quarter mile east of the above described Tract 1, is productive creek bottom land and has approx. 64 tillable acres with the balance being in timber in the south 40 and a timbered area in the Northwest corner. There are approx. 79 acres that lay south of the East-West road and approx. 4.75 acres that lay north of the East-West road. There is one quarter mile road frontage on the northern border and approx. one half mile road frontage on the western border. This acreage was planted to soybeans this past year and they were excellent.
Tract 3 132 acres more or less
This acreage lays approx. one eighth mile south of the above described Tracts 1 & 2, has approx. one eighth of a mile road frontage on its eastern border and approx. one quarter mile of field road near the southern portion of the acreage. The far south portion of this acreage lays adjacent to Interstate 64 right of way. It is generally level, has approx. 112 tillable acres with the balance being timber on the western side. This is productive farmland and was planted to corn and soybeans this past season.
Tract 4 a combination of the above 3 tracts being approx. 295 acres more or less.
NOTE For full legal descriptions of the above tracts, contact the Auction Company.
TERMS ON THE REAL ESTATE 15 of the purchase price placed down day of sale and the balance due at closing, which will occur between Dec. 26 and Dec. 30, 2008. Sellers guarantees good and merchantable title. Sellers will pay the 2008 taxes due and payable in 2009. Possession will be at closing. Seller retains one half of their oil, gas, coal and other minerals for 25 years and as long thereafter as production should exist. 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
S of Fairfield, IL approx. 6 miles on Rt. 45 to Barnhill X-roads then 1-1.5 miles west