Auction Information
ABSOLUTE LAND AUCTION
Mark Krausz Auction Service
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ABSOLUTE
LAND AUCTION
120.51 Acres--2 Tracts—Mostly All Tillable
Tues Eve, NOV 28, 2023 @ 6 PM
Auction to be conducted at the AG Building in Scheve
Park, Mascoutah, IL
(App 25 mi E of St. Louis)
Detailed Directions to the Auction Site: I-64 to exit 23, then South on IL State Route 4 to stop light, right app 1 mi on IL State Route 161, then left app 2 miles on 6th Street to the park. The AG Building is situated West of the Water Tower in Scheve Park. Use GPS address: 851 6th Street, Mascoutah, IL 62258. Plenty of Parking.
Description
of the Property
The Auction includes approximately 120.51 acres to be sold in 2 Parcels to the High Bidder at absolute Public Auction.
The Farm is
situated app 1-1/2 mi South West of Love’s Truck Stop with frontage to Renth
Road at the corner of Richter School & Fuesser Roads in Sections 15 &
22 of Mascoutah Township, St. Clair Co. The farm will be sold in 2 Parcels—Tract
A & Tract B. Both Parcels include with open tenancy for 2024 Spring Planted
Crops. SPECIAL VIEWING, Sunday Afternoon--Nov 12 at the farm.
Location
& Directions to the Property
· Auction Tracts A & B are located
West of New Baden, IL. Continue West of New Baden on Route 161 approximately ¼
mi West of the I-64/IL Rt 161 intersection (LOVE’S), then South 1 mi on Richter
School Road, then West app ½ mi to the Property on both sides of the Renth Road
or 2-1/4 mile East of the JCT of Route 4/Route 161 on IL State Route 161
(at the rock pipe/curve) continue ahead thru the stop sign on Renth Road for ¼
mile to the farm on both sides of Renth Road .
Tract A
The North
39.88 Acres of the Farm with good frontage to the North Side of Renth Road. Tract
A is mostly all tillable. Surveyed & Available for Spring 2024 Crops.
Parcel Number 10-15.0-400-005. 2022 Real Estate Taxes Paid in 2023 $ 1136.40.
Tract B
The South 80.63 Acres of the Farm situated on the South Side of Renth Road. Tract B has 1327.72 feet of frontage to Renth Road. The farm is available for 2024 Spring Planted Crops. Part of Parcel Number 10-22.0-200-002.
SPECIAL
VIEWING (at the property) on Sunday, November 12. We will be
at the Farm along Renth Road from 1-2 PM. We will be on hand to give guided
tours of the property. We will have copies of informational items including
Survey, FSA information, Maps, Real Estate Auction Contracts, Title Insurance
Commitment, Real Estate Tax information & More!
Terms and
Conditions
10% Down on
Day of Auction as non-refundable earnest money, possession and balance due at closing
in approximately 30 days, by December 31, 2023. Taxes prorated to the day of
closing based on the last known tax figure. Possession immediate upon closing,
subject to tenant’s rights, open tenancy for 2024. The land is available for
Spring Planted 2024 Crops. Surveyed corners are clearly marked, a plat of
Survey will be included with each tract. You are buying the land in it’s as-is
present condition with no warranties expressed or implied. Any Owner’s Mineral
Rights will be passed to the new buyer.
Attorney
for the Sellers: Goldenberg,
Heller & Antognoli, PC
Steven M. Wallace, Attorney
Edwardsville, IL (800) 782-8492
Owners: BBF
Land & Lake, LLC & Lucille E. Kruse Trust
Mascoutah, IL
Auction Conducted By
MARK KRAUSZ AUCTION SERVICE
New Baden, IL. phone (618) 588-4917
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