Auction Information
Auctioneer Mark Krausz Auction Service (618)588-4917
Auction Date Nov 27 Auction
Location
11189 State Route 185
Hillsboro, IL
Time 06:00PM
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Auction Listing
AuctionZip Auctioneer ID# 14252
    Property Address    
Seven Sisters Avenue
Hillsboro, IL 62049

LYERLA  TRUST  LAND  AUCTION

148 Acres—3 Tracts

Tuesday Evening, November 27, 2018 at 6:00 PM

Auction conducted indoors at the K of C Hall, 11189 State Route 185, Hillsboro, IL

(App 50 mi NE of St. Louis)

 

Detailed Directions to the Property:  

From Hillsboro, IL:  Proceed East from the intersection of Rt 127 & IL State Route 16 for approximately 3.3 miles, then Right (East) for approximately 3 miles on Seven Sisters Avenue to Tract A-the western most parcel of the farm. From Coffeen, IL: Proceed North of Coffeen on IL State Route 185 to County Road 5. Take County Road 5 (Coffeen Road) North approximately 5-1/4 miles, then Right on Seven Sisters Road to the Farms (All Land has frontage to Seven Sisters Avenue—between County Road 5 (Coffeen Road) and County Road 8 (East 20th Road).

 

Detailed Directions to the Auction Site: The auction will be conducted indoors at the Hillsboro Knights of Columbus at 11198 State Route 185, Hillsboro, IL 62049. The hall is at the Southern Edge of Hillsboro (Taylor Springs), just East of the intersection of IL Rt 127 & IL Rt 185. Great Parking & Restrooms.

 

Property Locations & Descriptions

The Property is located in section 2 of the North Part of East Fork Township, Section 36 of Irving Township and Section 6 of Fillmore Township, Montgomery County, IL. The Farmland is situated in a 3 mile stretch along the Seven Sisters Avenue with Tracts A & B lying on the South Side and Tract C on the North. The property is situated in the Hillsboro Unit #3 school district. This land has been owned by the Family for over 100 years with some over 150 years. The land is currently in production agriculture with Tract A & Tract B mostly all tillable & Tract C about ½ tillable & wooded recreational areas. The Land will be offered in 3 Parcels, available immediately after closing with full rights for the 2019 Cropping Season.

 

TRACT A      78 +/- acres; East Fork Township, mostly all tillable, Good Silt Loam soil

types, Nice Road frontage, survey to determine exact acreage;  

PINS: 17-02-100-002 & 17-02-100-003

 

TRACT B      40 ac +/- acres; Fillmore Township, mostly all tillable, major soil types are Cowden & Pierron silt loam, Good road frontage, power line easement,

PIN: 18-06-200-003

 

TRACT C      30 ac +/- Total acres; Irving Township, App 16.13 Acres of Cropland,

balance in Trees & Wooded Recreational Area; Good Hunting, Nice Building Site Opportunities, PINS: 12-26-400-003 & 12-36-400-004

 

Parcel Numbers:       17-02-100-002, 17-02-100-003, 12-36-400-003, 12-36-400-004 &

18-06-200-003 

2017 Real Estate Taxes paid in 2018=  $ 1739.50

 

OPEN HOUSE & SPECIAL VIEWING  Sunday, November 18, 2018 from 1-2 PM at The Property. We will have copies of the contracts, title work, completed final survey, FSA information and more available for you! Tour of the land on ATV’s will be available.

 

FSA INFORMATION

The Farm Service Agency Farm Number for the land is # 9213, Tract Numbers 2624, 2626, 2634 & 2908. The FSA maps show a total of 148.23 acres of farmland & 134.59 acres of cropland. The Farm has enrolled in the past & current farm programs with 118.5 base acres—including 59.3 acres for Corn & 59.3 acres for Soybeans. The PLC yields are 117 for Corn & 37 for Soybeans. The Farmland is enrolled in ARC-CO for the crop election choice.

 

TERMS & CONDITIONS OF THE REAL ESTATE AUCTION

10% non-refundable Down Payment Due on Day of Auction, Balance due at closing in approximately 30 days, by December 31, 2018. The Farmland is available immediately upon closing for the 2019 Spring Planted Crops—Open Tenancy. The Real Estate Taxes will be pro-rated to the day of closing based on the last known tax figure. Any Mineral Rights owned by the Lyerla Trusts will be passed to the purchaser. We are selling the property in its AS-IS present condition with no warranties expressed or implied. Any Announcements made on Auction Day take precedence over all previous advertising. Surveyed corners are clearly marked. A Plat of Survey will be included with the purchase. A written contract will be signed following the verbal auction. Any Announcements made on auction day take precedence over all previous advertising.

 

OWNER:       James R. Lyerla Sr. Trust & Mary E. Lyerla Trust

James Lyerla, Trustee; Thomas Lyerla, Trust Agent

 

ATTORNEY FOR THE SELLER:            Binsbacher, Griffithe & Dawson, LLC

                                                                        Mascoutah, IL   phone (618) 566-4300

 

Auction conducted By

MARK  KRAUSZ  AUCTION  SERVICE

New Baden, IL   588-4917

www.krauszauctions.com





Auctioneer License Information: 440000142

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