Auction Information

Cumberland County Land Auction

Tue Mar 12 - 06:00PM


Toledo American Legion, 206 South New Jersey St, Toledo, IL Click to Map


Krile Auction Service

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Auctioneer ID#: 6524

Phone: 217-246-1332

License: 040.0000282

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Cottonwood Township - Cumberland County

FARM LAND AUCTION

Tuesday, March 12 @ 6 PM

Auction Held @ Toledo American Legion Building

Address: 206 South New Jersey St., Toledo, IL 62468

*** Live In Person Auction — No Online Bidding ***

 48.5 +/- Acres of Farm Land

Directions to Land: Take Rt. 130, north of Greenup (or south of Charleston) to CR 1050 North. Go west approx. 1 mile. This will put you on SE corner of property.

 Legal Desc.: All part of the E 5/8 of the E 1/2 of the NW 1/4 of Sec. 12, Twn 10 N, Range 9 E. Lying  SE of the Embarras River. Full Legal Description on website.

 2023 Taxes: $1,334.40 Pin#: 08-12-100-003

Productivity Index: Corn - 111.5      Beams - 64

 Soil Types: Raddle (20), Haymond (9), Landes (7), Sarpy (4)

 CRP Info: Property is currently in CRP program. Rental rate per acre is $259.57 with annual contract payment of $10,557.00. There are 40.67 acres enrolled. Contract is good until 09-30-2025.

 Notes: FSA considers 40.67 acres to be tillable. Property has great hunting opportunities with many large bucks traveling through.

Terms: Non refundable 10% down payment by cash or check due day of auction. Balance due at closing or within 45 days. Buyer is to have financing in place before bidding. Bidders responsible for own viewing of property and review of all information. 2024 taxes will be prorated at closing. Seller reserves the right to reject or accept any or all bids. In person auction with NO online bidding. Buyer will sign a buyer/seller contract immediately after auction. Buyer will have farming/CRP rights at time of closing. Sale day announcements take precedence over advertising.

Closing and all legal questions will be handled by the attorney: Billie Constant of Wawrznke & Grove LLC - Located at 1400 Charleston Ave., Suite 200 Mattoon, IL. Ph. 217-234-7123

 

Matt & Paula Jones, Sellers

 KRILE AUCTION SERVICE

Justin Krile - Bruce Krile: 217-246-1332

www.krileauction.com

 

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