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Price per acre times 99 acres of farmland
Price per acre times 99 acres of farmland
Price per acre times 99 acres of farmland
Price per acre times 99 acres of farmland
Price per acre times 99 acres of farmland

Price per acre times 99 acres of farmland

Lot Closed

Auction by Maske Auction Service(128)
This item is in Mt. Pulaski, IL

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Overview of Price per acre times 99 acres of farmland

Item Details

CROPLAND: This farm is comprised of highly productive Logan County soils with a Productivity Index (PI) of 136.8, approximately 7.6 acres of filter strips with annual income of $1,427/ year and is located on a county blacktop 3 miles from the local elevator.

Payment

Please contact the auction company for payment instructions. All accounts must be settled on the day of the Auction UNLESS OTHER ARRANGEMENTS HAVE BEEN MADE BY CALLING THE AUCTION SERVICE. If you have not been contacted within two hours after the end of the auction please contact the auction service at (217) 519-3959. Method of payment is wire transfer. Please contact the Mike Maske Auction Service for your desired settlement method. Buyers premium is 1% (one percent) of the highest successful bid. ALL ACCOUNTS MUST BE SETTLED BEFORE THE END OF THE DAY!
Wire Transfer

Auction Details

Waters Land Auction100 Scroggin Ave, American Legion Home, Mt. Pulaski, IL, 62548Thursday, Mar 7, 2019 | 10:00 AM CST

Auction House

Terms Of Sale

To make sure that everyone is on the same page, all bids will be on a per acre basis multiplied by 99 acres. If you bid $2,500. That is $2,500 per acre. Any questions call me at (217) 519-3959. Mike By registering to bid or placing a bid you agree to be bound by all of these terms & conditions and any other announced terms and conditions of sale or rules of the site. All internet bidders agree that bids placed on the internet shall have the same legal effect as if they were in attendance at the auction in person. TERMS: The Successful bidder will enter into a written agreement on the day of the auction requiring 10% down payment to be placed in escrow with the remaining balance due at closing. The sale of this property is not subject to the ability of the new Buyer to obtain financing. A Title Commitment Policy will be issued in the exact amount of the sale price. The Seller will pay the 2018 real estate taxes due in 2019 by giving the Buyer a credit at closing. The new buyer will be responsible for 2019 and subsequent real estate taxes. Closing will occur on or before April 3, 2019. At Closing the New Buyer will be required to re-new this farm with the Logan County Farm Service Agency regarding the existing CRP Contract which expires at the end of September, 2019.This farm is free from lease for the 2019 crop year. Pre-closing possession will be given to the new buyer for the expressed purpose planting the 2019 crop. If closing does not occur the Buyer will be considered a tenant and enter into a one-year cash rent lease at $285 per acres on the 99 acre farm. The Seller reserves the right to confirm the final bid. The Seller reserves the right to accept or reject the final bid. The final sales price will be determined by multiplying the highest accepted bid by 99 acres. The Title Commitment Policy and Sales Contract will be available for inspection by contacting the Mike Maske Auction Service (217) 519-3959. Announcements made on the day of the Auction take precedence over printed materials for typographical errors. Mike Maske Auction Service/Coldwell Banker Cornerstone and their Staffs are agents for the Seller and in that Capacity represent the Seller only.
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