Edgar County, IL Land Auction - M&M
Edgar County, IL Land Auction - M&M
See Special Terms for additional fees
Description
Edgar County, Illinois
The M & M Revocable Trust farm is located approximately 3 miles south of Kansas, Illinois or 16 miles east of Charleston, Illinois. The real estate is further described as being located in Section 11, T12N-R14W, Kansas Township, Edgar County, Illinois.
The property contains a total of 74 taxable acres, will be sold in one tract, and represents productive tillable farmland.
Farmers and investors, be sure to check out this well maintained and highly sought after Edgar County, Illinois farm.
Auction Manager:
David Smith (217) 841-0821
x Cancel
Method & Terms
Lot # 0 (Sale Order: 1 of 2)
This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.
The M & M Revocable Trust farm will be sold on a price per acre basis, based on taxable acres.
Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, April 5, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 2024 taxes and beyond. Open lease for 2024 crop year and beyond with possession at closing.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW TITLE COMMITMENT
M & M Revocable Trust
Representing Attorney:
Karen L. Burkybile
15175 US Highway 150, Paris Illinois 61944 | (217) 465-5525
Auction Manager:
David Smith (217) 841-0821
Tract 1 - 74 taxable acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 74
- FSA figures indicate 69.15 cropland acres
- Productivity Index (PI): 124.9
- Soil types include Dummer, Xenia, Camden, Senachwine, Fincastle, Millbrook and Brouillett
- Access along the west from N 125th St and north from E 250th Rd
The purchase agreement will be adjusted to a quantity of 74 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
