Land Auction | Thursday, November 19, 2020 – 10 AM Central
Douglas County, IL
357.5 +/- Acres Offered in 5 Tracts (subject to survey)
Productive Farmland & Outstanding Hunting Woodlands in Sec. 32 of Bowdre North Township
Thursday, November 19, 2020 – 10 AM Central
Auction Location: Hindsboro Civic Center, 401 Missouri St., Hindsboro, IL.
Directions to Auction Site: From Arcola, IL, travel east on IL Hwy. 133 for 9 miles to Hindsboro, turn north on Missouri St. in Hindsboro, the Civic Center is 3 blocks up on the east side of the street.
Directions to Property: From Hindsboro, IL. Travel east on IL Hwy. 133 for half a mile to CR 200N, travel east 1 mile on CR 200N to CR 1900E, travel north 1 mile on CR 1900E to property on east side of road. Watch for signs.
Tract Descriptions: (note: acreages are subject to survey)
Tract 1: 44.5 +/- acres of productive farmland with 42.84 tillable acres classified NHEL. The Productivity Index (PI) for the tillable acres on this tract is 134.6. This tract has excellent road frontage on the west and south boundaries.
Tract 2: 155 +/- acres of outstanding farmland with 150.95 tillable acres classified NHEL. The Productivity Index (PI) for the tillable acres on this tract is 130.3. This tract has quality road frontage on the south boundary.
Tract 3: 35 +/- acres of tremendous farmland with 35.5 tillable acres classified NHEL. The Productivity Index (PI) for the tillable acres on this tract is 128.5. This tract has road frontage on the south boundary.
Tract 4: 83 +/- acres of outstanding recreational woodlands and tillable farmland. This tract offers the best of both worlds, tillable farmland for ROI (return on investment) and exceptional hunting woodlands for Whitetail Deer.
Tract 4 consists of two tillable fields totaling 25 acres classified NHEL and approximately 55 acres of woodlands. The Productivity Index (PI) for the tillable acres on this tract is 123.4. Also, the Deer Creek flows down through this tract, offering endless natural water supply for wildlife. This tract has access from county road 300N via a 2,000+ foot lane/road which sells with tract 4. Exceptional tract for the serious sportsman.
Tract 5: 44 +/- acres consisting of a mixture of both tillable farmland and woodlands. This tract consists of 21.99 tillable acres classified NHEL with the balance of acres in woodlands and former pastureland. This tract has road frontage along county road 1900E and sells with a thirty-foot-wide access lane to the east tillable field along the north boundary of tract 1. The Productivity Index (PI) for the tillable acres on this tract is 115.4. Tract 5 presents countless possibilities for any outdoorsman.
Property note: The house, outbuildings and driveway located on the west side of this property, along county road 1900E are not included in this auction.
Property Inspection: Auction Company arranged on-site inspections of this property available by appointment. Please contact Auction Company at 217-465-4545. Individual on-site inspection by prospective buyers is permitted via foot traffic only. Please no motored vehicles.
Farm Tenant & Hunting Rights: Farm tenant rights are open for 2021 & hunting rights are open the remaining 2020 season & thereafter.
Real Estate Taxes: The 2019 real estate taxes paid in 2020 were $10,973.92.
Auction Terms and Conditions
Auction Procedure: This property will be offered in 5 tracts. Bidders will be able to bid on any tract, combination of tracts or as a whole at several different times during the auction resulting in highest total sale price. The auction procedure, conduct and bid increments are at the direction and discretion of only the Auctioneer.
Down Payment: Ten percent (10%) down payment on the day of the auction upon signing a purchase agreement(s) immediately following the close of the auction. The remaining balance will be due on or before December 18, 2020 at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer(s) will receive full possession at the time of closing. Bidders should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.
Acceptance of bid prices: The successful bidder(s) will be required to sign purchase agreement(s) at the auction site immediately following the close of the auction. The final bid price(s) are subject to the Seller’s acceptance or rejection.
Survey: Any need for a survey shall be determined solely by the Seller. At the Seller’s option, Seller shall provide a survey for any tract where there is no existing legal description or where new boundaries are created by the tract divisions at the auction. The cost for survey(s) shall be equally shared by the Seller and the Buyer(s). Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres.
Possession: Buyer(s) will receive full possession at the time of closing.
Title: Seller will offer title insurance on the property being offered in the auction. The Seller shall pay any search and closing costs that are customarily associated for a seller. The Buyer(s) shall pay closing costs that are customarily associated with a real estate purchase. Upon full receipt of the entire purchase price by Seller, Seller shall deliver to Buyer(s) a Deed conveying title in and to the property to the Buyer(s).
Real Estate Taxes: The Seller shall give the Buyer(s) a credit at the time of closing based upon the most recently ascertainable tax figure available at closing. Buyer(s) will assume all real estate taxes payable in 2021 and thereafter.
Mineral Rights: Buyer(s) will receive mineral rights owned by the seller.
Agency: Moss Auction Team and their staff are exclusive agents for the Seller.
Auction Company Note: Announcements on Sale day take precedence over printed material or any other oral statement made.
Disclaimer and Absence of Warranties: The property is being sold on an “as is, where is, with all faults” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person’s credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.
Seller: Lena M. Fulwider Trust
Auction Company Note: Due to the current COVID-19 pandemic, social distancing and face masks will be necessary while attending this auction. Thank you.
MOSS AUCTION TEAM, LLC
Paris, IL 217-465-4545
Matthew Moss IL lic. #440.000148