100 +/- ACRES
Richland County Land – German Township
Seller: Hermina Zuber Trust
Tuesday, November 16th at 6:30pm
Auction will be held at The Holiday in Olney, IL
Open House on Friday, November 5th from 4pm to 5pm
Location: Tract 1 & 2 – 6502 E. Independence Lane, Olney, IL. Tract 3 – From the St. Marie Road take Dundas Lane & go east 3.5 miles to subject property. Signs will be posted.
Tract 1 – Three bedroom, 1 ½ bath home. Full basement-partially finished w/ a summer kitchen, gas fireplace & lots of storage. Attached garage & a lean-to patio. Large machine sheds w/ concrete floors, a deer processing room, old livestock barn. Generac backup generator. The surveyed property is 4.5 acres. Nice place on blacktop all season road. Also has 69,500 bushel grain bin storage. 108 x 46 Machine Shed w/ concrete floor and 60 x 100 Machine Shed w/ concrete floor.
Tract 2 – Approx. 76 acres with 70 +/- acres tillable. FSA Information: PLC Yield-Wheat 56; Corn 123; Soybeans 37 Base Acres-Wheat 17.55; Corn 28.30; Soybeans 43.91
Tract 3 – Approx. 20 acres with 20 +/- acres tillable. Prone to flooding. FSA Information: PLC Yield-Wheat 56; Corn 123; Soybeans 37 Base Acres-Wheat 5; Corn 8.10; Soybeans 11.70
Terms and Conditions – 5% down will be required on the day of auction and the balance will be due at closing. Closing will be approximately 45 days following the date of auction. All successful bidders will be required to enter into a purchase agreement at the auction site. Buyers will receive possession of property at the closing. The auction is offered with reserve and is subject to seller confirmation. Earnest money is non-refundable and will be forfeited if buyer fails to close and complete the contract.
Seller’s mineral rights will transfer with the real estate.
Absence of Warranties & Disclaimer – All information contained in this brochure, and related marketing materials, are subject to the terms & conditions contained in the Purchase Contract & Addendums. The property is being sold “As Is”, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Auction Company. All acreages are approx. Each bidder is responsible to perform their own due diligence concerning the property. Conducting the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons’ fitness or credentials. All decisions of the Auctioneer are final and any & all announcements made day of the auction take precedence over printed material or any other oral statements made.