Real Estate Auction- 80 +/- Acres in Olney Township

80 +/- Acres in Richland County – Olney Township

Live Real Estate Auction

Tuesday, November 24th at 5:30pm

Seller: Roberta Rusk

Auction Location: Best Western at 367 N West Street, Olney, IL 62450

Directions to Tract: From the south edge of Olney, go to Radio Tower Lane (County Road 900 N) and turn east. Go 1 mile to N Van Road & turn south. Then go 1 mile to Mt. Please Lane and turn east.   Signs will be posted.  Section 24 – Township 3N – Range 10E

 

Real Estate – 2 Tracts

80  +/-  Acres will be offered in 2 Tracts

Tract 1 – House with 5 +/- Acres

Located at 5267 E Mount Pleasant Lane, Olney, IL.  The house has 2 bedrooms, 1 bathroom and an attached garage.  Blacktop road frontage and a short distance from town.

Tract 2 – Farmland 75 +/- Acres

Crop                  Weighted Avg

Corn                  133.7 Bu / Acre

Soybeans          43.3 Bu / Acre

Wheat                 53.5 Bu / Acre

Crop Productivity Index 99.7

Soil Type: Blueford silt loam 41.8%, Wynoose silt loam 37.6% and Cisne silt loam 16.4%

Terms and Conditions

A down payment of 5% and a purchase agreement will be required within 24 hours after the auction closes, and the balance will be due at closing. Buyer(s) will receive possession of property at closing. Earnest money is non-refundable and will be forfeited if buyer(s) fails to close and complete the contract. This property is offered with reserve.

 

Absence of Warranties & Disclaimer

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 for performing 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 reserves the right to preclude any person from bidding if there is any question as to the person’s 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.

Auctioneers Notes

Your participation is always appreciated!

ROTHROCK AUCTION LLC

MARK ROTHROCK, AUCTIONEER/MANAGING BROKER    Ph. 618.839.5363

ALEXIS MCFARLAND, AUCTIONEER       JOHN MCFARLAND, AUCTIONEER

6088 EAST WAYNE LANE, PARKERSBURG, IL 62452

IL LICENSE # 444000369      BROKER # 471003760

WWW.ROTHROCKAUCTION.COM