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43 +/- ACRES – Nancy Karpen

43 +/- ACRES

Richland County Land – Noble Township

Tuesday, April 26th at 6:00pm

Auction will be held at the Noble Lions Club in Noble, IL

Seller: Nancy Karpen

Location:  Tract 1 – From Route 50 turn north on Glenwood Road (200E) & go 1 mile then turn west

onto Radio Tower Lane (900N), go ¾ mile & turn north on Hitch Road (125N) ¼ mile to subject property

on the west side of the road.   Tract 2 – Turn north on Glenwood Road go 1 ½ mile to subject property

on the west side of the black top road.  Signs will be posted.

Offered in 2 Tracts

Tract 1   30 +/- Acres with 24.73 tillable

PLC Yield: Corn 97, Soybeans 28, Wheat 43

Base:  Corn 6.80, Soybeans 12.80, Wheat 5.00

Tract 2   13 +/- Acres all tillable

PLC Yield: Corn 104, Soybeans 34, Wheat 43

Base:  Corn 7.50, Soybeans .60, Wheat 5.40

Terms and Conditions – 5% down will be required on the day of auction and the balance will be due at closing.  Successful bidders will be required to enter into a purchase agreement at the auction site. Buyers will receive possession of property at the closing. For 2022 the Buyers will receive 1/3 share of the farm income & expenses. 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 buyer(s) will receive the sellers’ interest in the mineral rights.  Buyer will receive a yearly lease payment for the oil tanks on Tract 1.

 

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 all announcements made day of the auction take precedence over printed material or any other oral statements made.

Auctioneer’s Notes

Your attendance is always appreciated!

Tuesday, April 26th at 6:00pm

112 W South Ave, Noble, IL 62868