Online Only Auction Bidding Opens Friday, December 6th at 12:00pm (CST) Bidding Soft Closes Tuesday,…
760 +/ ACRES – RICHLAND & WAYNE COUNTY LAND
760 +/ ACRES
RICHLAND & WAYNE COUNTY LAND
FRIDAY, JANUARY 31ST at 5PM
Auction will be held at The Holiday in Olney, IL
SELLER: COEN FAMILY LIMITED LIABILITY LIMITED PARTNERSHIP
Richland County, IL – Decker Township
Tract 1– 40 +/- Acres w/ 38.41 +/- tillable acres. Sec 2 – T2N – R8E
Tract 2 – 40 +/- Acres w/ approx. 32.67 +/-tillable acres. Sec 2 – T2N – R8E
Tract 3 – 80 +/- Acres w/ approx. 73.73 +/- tillable acres. Sec 2 – T2N – R8E
Tract 4 – 77 +/- Acres w/ approx. 69.3 +/- tillable acres. Sec 11 – T2N – R8E
Tract 5 – 80 +/- Acres w/ approx. 68.82 +/- tillable acres. Sec 1 – T2N – R8E
Tract 6 – 26 +/- Acres. All timber deer hunting ground!! Sec 12 – T2N – R8E
Tract 7 – 139 +/- Acres w/ 136.48 +/- tillable acres. Sec 12 – T2N – R8E
Directions: Tracts 1-4, at Noble, IL from Rte 50 turn south onto Wynoose Road go 4 miles to Elbow Lane turn west go to Bottoms Road turn south 1/10 mile to Wilcox Bridge Lane turn west go 1 mile & follow auction signs. Tract 2 access will be across an existing lane on east side of Tract 1. Access to Tract 3 & Tract 4 is on west side of Clay Road. There will be a 30 ft. easement across Tract 4.
Directions: Tracts 5-7, follow Bottoms Road to Gallagher Lane turn East onto Gallagher go ¼ mile to Glenwood Road (unmarked) and turn south on a dirt road. There will be a 30 ft. easement across 5 & 6 to Tract 7. All buyers of each tract will share in the maintenance of the proposed easement.
Wayne County, IL – Mt. Erie (N) Township
Tract 8 – 60 +/- Acres w/ approx. 32.86 +/- tillable acres. Sec 20 – T2N – R9E
Tract 9 – 60 +/- Acres w/ 56.29 +/- tillable acres. Sec 29 – T2N – R9E
Tract 10 – 160 +/- Acres w/ 160.12 +/- tillable acres. Sec 28 – T2N – R9E
Directions: Tracts 8 & 9, at Noble, IL from Rte 50 turn south onto Wynoose Road (County Road 3) go approx. 6 miles turn west onto 2300N. To Tract 10, continue south on Wynoose Road (County Road 3) to the “S” curve turn east and follow the access road to Tract 10.
Most (except Tract 1) of this farm is in the Little Wabash bottoms. Signs will be posted for each tract. Please respect all access roads as they could be soft.
For FSA information go to rothrockauction.com
FSA Information:
Base Acres: | |||||
Tract # | FSA T# | Wheat | Corn | Sorghum | Soybeans |
1 | 2507 | 1.40 | 20.60 | 11.00 | 5.30 |
2 & 3 | 2508 | 1.30 | 19.40 | 14.00 | 10.70 |
2557 | 1.40 | 44.10 | 20.80 | 3.50 | |
4 | 2509 | 2.50 | 37.20 | 19.90 | 9.70 |
5 | 3573 | 1.30 | 43.00 | 20.20 | 4.10 |
6 | 3571 | – | – | – | – |
7 | 3572 | 1.20 | 8.10 | 5.20 | 4.20 |
3574 | 2.40 | 76.80 | 36.20 | 2.20 | |
8 & 9 | 2558 | 1.70 | 54.40 | 25.60 | 7.40 |
10 | 3777 | 4.20 | 85.00 | 46.40 | 24.30 |
PCL Yield: | 41 | 83 | 74 | 26 |
Real Estate Terms and Conditions
10% 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 sold 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. Buyer will receive all of the seller’s interest in the mineral rights.
Absence of Warranties and Disclaimer
All information contained in this brochure, and related marketing materials, are subject to the terms and conditions contained in the Purchase Contract and Addendums. The property is being sold “As Is, Where 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 AND ALL ANNOUNCEMENTS MADE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
John Clark, Attorney
Clark Law Office, Ltd.
Olney, Illinois