Public Auction Sale: Schuyler County, IL Land Auction-Keys

LOCATION & GENERAL INFORMATION

The Robert and Janet Keyes real estate is located south of Camden, IL. From Camden, take Highway 99 south 3 ½ miles to CR 1750N, then east ¾ of a mile to 815E St, then north 1 mile to the farm (8 miles north of Mt. Sterling,13 miles west of Rushville, 35 miles south of Macomb, 40 miles northwest of Jacksonville, or 45 miles east of Quincy, IL). The property is further described as being in Section 33, T2N-R3W, Camden Township, Schuyler County, IL.

This excellent hunting and recreational farm contains 54.19 taxable acres and will be sold as one parcel. 49.10 acres is enrolled in CRP with an annual payment of $10,016, and the balance of the acres is wooded.

Farmers, investors and outdoor enthusiasts - be sure to check out the Keyes property which offers many opportunities.

TRACT INFORMATION

54.19 Taxable Acres
FSA records indicate 49.10 cropland acres (currently enrolled in CRP)
Productivity Index (PI): 106.9 (tillable acres)
Soil types include: Keomah, Rozetta and Ursa
CRP contract number 11496:
- 49.10 acres enrolled
- Annual contract payment: $10,016
- Contract ends 9/30/2032
- Note: The CRP acres need to be reseeded this spring (contact auction manager for details)
The balance of the non-cropland acres is wooded
Excellent outdoor recreational and hunting opportunities
815E Street borders along the east side

METHOD & TERMS

The Keyes farmland will be sold on a price per acre basis, based on 54.19 taxable acres.

Immediately following the auction, the successful buyer will be required to sign and enter into 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 April 24, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023, and the buyer will be responsible for the 2023 and all subsequent taxes. Possession will be given at the time of closing, and the farm sells free and clear of tenancy for 2023 and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection of the property.

All announcements made on 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, LLC pertaining to this property. Real estate is being sold “AS IS.”