ONLINE LAND AUCTION: Marion County IL 77.5+- Acres / 1 Tract (2649A)

ONLINE AUCTION: Marion County IL 77.5+- Acres - 1 Tract

Bidding Closes Thursday, January 28, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Don Bailey at 618-919-1031

Property Address: Crowley Road, Kell IL

DESCRIPTION

Add to your farm operation, investment and/or home site. Well-maintained farm with great Crop Productivity Index of 107.1. Tract lays gently sloping allowing for good drainage. Owned by same family for many generations. Offers a small amount of hunting which can be amazing.

USDA FSA Form (FSA Abbreviated 156 Farm Record) shows farm as 78.94 farmland acres and 67.69 cropland acres. Soil nutrient needs monitored  by  Effingham Equity (Alma). Limestone applied as required.

CROP YIELDS

• 2020 Corn 124 bu per acre
• 2020 Soybeans 51 bu per ac
• 2019 Corn 152 bu per ac
• 2018 Soybeans 57 bu per ac

Located between Salem and Mt. Vernon IL with frontage on Crowley Road.

Possession at closing including 2021 farming rights. Mineral rights included. Taxes: $1,039.64.

Directions: From Route 37 between Salem and Mt. Vernon IL, take Crowley Road 2 miles East to property OR from Kell go North on County Road 1300E 1 mile. Turn West on Crowley Road. 1/4 mile to property on South side of Crowley Road.

ADDENDUM "A" TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Sale is subject to the confirmation of the Sellers.

PROCEDURE: Property is offered as 1 tract, no divisions.

SHORT LEGAL: Part of W 1/2 NE 1/4, Section 30, T1N-R3E, Haines Township, Marion County , IL

TAX ID: 16-30-200-001

REAL ESTATE TAXES: $1,039.64. Pro-rated to closing date.

SURVEY: No survey.

MINERAL: Any mineral owned will transfer.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Donald Bailey, IL Lic #441.002325