Land & Country Home Auction | Tuesday, November 10, 2020 – 10 AM Central
Productive Farmland with Woodlands & Country Homestead Auction
153.286 +/- Acres Edgar County, IL Offered in 2 Tracts
152.057 +/- acres of Productive Farmland with Exceptional Hunting Woodlands & 1.229 +/- acres with Country Homestead
Tuesday, November 10, 2020 – 10 AM Central
Auction Location: Edgar County 4-H Building, 319 E. Elliott St., Paris, IL.
Directions to Auction Site: From the Courthouse Square in downtown Paris, travel north on Main St./IL Hwy. 1 for 12 blocks to Elliott St., turn east on Elliott St., the 4-H Building is on the north side of Elliott St.
Directions to Property: From Paris, IL travel southwest 4.5 miles on IL Hwy. 16 to CR 925E/Conlogue Road, travel south 3.5 miles on CR 925E/Conlogue Road to property on west side of road. Watch for signs.
Tract 1: 152.057 +/- acres located in Sections 1 & 6 of Grandview Township. This property offers the best of both worlds, tillable farmland for ROI (return on investment) and exceptional hunting woodlands for Whitetail Deer and Turkey. This tract consists of 103.7 productive tillable acres classified HEL. The Productivity Index for the tillable acres on this farm is 116.8. Also, there is approximately 40 acres of woodlands and a small pond for exceptional Whitetail Deer & Turkey hunting. Outstanding tract of Edgar County land for immediate return on investment and offers exceptional woodlands for recreational use and endless future possibilities.
Tract 2: 1.229 +/- acres situated in Section 6 of Grandview Township consisting of a 1,504 sq. ft. country home with a 22′ x 22′ attached garage and a enclosed porch. This tract is also improved with 44′ x 60′ metal pole building and a antique wind mill. The home offers 2-3 bedrooms, 1 bathroom with newer shower, family room, kitchen, aluminum siding, base-board boiler heat, electric water heater and unfinished basement. Also, this home has metered water from the Clark-Edgar Rural Water District. This tract has excellent blacktop road frontage along CR 925E/Conlogue Rd. Great country home location with many possibilities.
Real Estate Taxes: The 2019 real estate taxes paid in 2020 were: $1,962.26.
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 are permitted via foot traffic only. Please no motored vehicles.
Farm Tenant & Hunting Rights: Farm tenant rights are open for 2021 and hunting rights are open for the remaining 2020 season.
Auction Terms and Conditions
Auction Procedure: This property will be offered in two tracts. Each tract shall stand on its own merits and will not be combined with the other tract. Bidders will be able to bid on either tract at several different times during the auction resulting in highest total sale price. The final bid prices are subject to the Sellers’ acceptance or rejection. The auction procedure, conduct and bid increments are at the direction and discretion of only the Auctioneer.
Down Payment: Ten percent (10%) down payment(s) on the day of the auction upon signing purchase agreement(s) immediately following the close of the auction. The down payment(s) can be paid by personal check, corporate check, cashier’s check or wire transfer. The remaining balance(s) will be due on or before December 10, 2020 at the closing(s) with delivery of deeds. Property is being sold subject to any easements or right of ways of public record. 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.
Possession: Buyer(s) will receive full possession at the time of closing(s).
Title: Sellers will offer title insurance on the property being offered in the auction. The Sellers shall pay any search and closing costs that are customarily associated for a seller. The Purchaser(s) shall pay closing costs that are customarily associated with a real estate purchase. Both the Sellers and the Purchaser(s) shall each pay one-half (1/2) of the fees of the closing agent. Upon full receipt of the entire purchase price by Sellers, Sellers shall deliver to the Buyer(s) a Deed conveying title in and to the property to the Purchaser(s).
Real Estate Taxes: For Tract 1 the Seller shall give the Buyer a credit at the time of closing for the 2019 taxes paid in 2020. For Tract 2 the real estate tax amount will be prorated to the time of closing based upon the most recently ascertainable real estate tax figure available. 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.
Legal Questions: Legal questions may be directed to attorney Karen Burkybile in Paris, IL. 217-465-5525
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 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.
Sellers: Robert Cutright, Nancy Forsythe & Heirs of Katherine Cutright
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