153 +/- ACRES

Richland County Land – Claremont Township

Thursday, Sept 15^th at 5:00pm

Auction for the real estate will be held at The Best Western, 367 N West Street, Olney, IL

Seller: Helen Berger Heirs

Location of Real Estate:  2896 N Wood River Road, Olney, IL. Signs will be posted.

TRACT 1

79 +/- ACRES

THIS TRACT IS A VERY PRODUCTIVE TRACT. MOSTLY ALL TILLABLE.

TRACT 2

6.55 +/- ACRES

2- BED; 1 ½ BATH HOME; ENCLOSED FRONT PORCH; LIVING ROOM; DINING ROOM; FLOOR FURNACE HEAT; WINDOW AIR; BACK PORCH WITH WASHER & DRYER HOOK UPS.

THIS HOME HAS BLACKTOP ROAD FRONTAGE.

TRACT 3

35.4 +/- ACRES

THIS TRACT HAS APPROXIMATELY 14 ACRES OF TILLABLE FARMLAND WITH THE BALANCE BEING IN MERCHANTABLE TIMBER. THIS TRACT WOULD BE AN EXCELLENT LOCATION FOR A NEW HOME WITH ROAD FRONTAGE ON 2 SIDES.

TRACT 4

32.5 +/- ACRES

THIS TRACT HAS APPROXIMATELY 21 ACRES TILLABLE WITH THE BALANCE IN TIMBER. THIS TRACT ALSO HAS ACCESS ON 2 SIDES AND WOULD MAKE A NICE PLACE FOR A NEW HOME.

A TIMBER APPRAISAL WAS DONE ON TRACTS 3 & 4 AND IT WAS DETERMINED TO BE IN EXCESS OF $40,000 IN TIMBER AND THE DEER HUNTING IS EXCELLENT.

Tract 2, 3 and 4 will also be offered as a combination.  If Tracts 2-4 are sold separately a survey will be provided by the sellers.  All acreages are approximate.

The real estate will be offered live & online on HiBid.com.  Online bidders will be required to provide a bank letter of credit 3 days prior to the auction.

Click here to register online

Terms and Conditions – A 5% down payment will be required on the day of auction and the balance will be due at closing. All successful bidders will be required to enter into a purchase agreement at the auction site. Buyers will receive possession of property at closing and removal of the 2022 crop. The farm is currently under a rent agreement for 2022. 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. The sellers will reserve their share of the mineral rights for 15 years.

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 approximate. 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.

FSA INFORMATION

WHEAT: BASE ACRES-37.9; PLC YIELD-59

CORN: BASE ACRES-37.5; PLC YIELD-121

BEANS: BASE ACRES-64.5; PLC YIELD-33

Auctioneer’s Notes

Your participation is always appreciated!