100 + or – Acre Land Auction Prime Effingham County Farmland - No Reserve

21710 E. 1600^th Ave, Teutopolis, IL 62467

Monday, July 15th 6:00PM Live Auction w/online bidding

Auction Site: 909E Main ST. Teutopolis, IL 62467

To bid go to www.bidschmid.com or click on green box view auction catalog!

Directions to tracts: East of Teutopolis and West of Montrose, IL go south on N. 2100^th ST. 2/10’s of a mile than east 7/10’s of a mile on 1600^th Ave. or south of Montrose IL off the blacktop go west on 1600^th Ave. 1.3 miles.

Tract 1 ● 20 + or – Acres, 19.74 + or – tillable acres located in Sec 14, St. Francis Township Effingham County, IL Soil Productivity Index of Tract 1 is 137.26 using University of Illinois Soil Book. Parcel # 10-15-014-017 2023 taxes payable in 2024 $371.00.

Tract 2  ● 40 + or – Acres, 40 + or – tillable acres located in Sec 15, St. Francis Township Effingham County, IL. Soil Productivity Index of Tract 2 & 3 combined is 117.34. Parcel # 10-15-015-020 2023 taxes payable in 2024 $1,407.00 on tracts 2 & 3 combined.

Tract 3 ● 40 + or – Acres, 35.35 + or – tillable acres located in Sec 15, St. Francis Township Effingham County, IL. (Homeplace w/house & sheds)  Soil Productivity Index of Tract 2 & 3 combined is 117.34. Parcel # 10-15-015-020 2023 taxes payable in 2024 $1,407.00 on tracts 2 & 3 combined. 2,700 Sq. Ft. Pole Building w/concrete floor, 4 grain bins, pond, barns & uninhabitable house. For safety reasons we will not let anyone into the house.

Teutopolis Schools and EJ Water

All of seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence. Sellers will give new owner a credit for 2024 taxes payable in 2025 at closing. Bidding is by the acre. The final bid price will be multiplied by the total number of acres in each tract. Such number will be put in the purchase agreement. Tract 2 and 3 will be offered privilege. The high bidder will have the choice between either tract 2, tract 3, or both. The total number of acres from the tracts chosen will be x the high bid. If the high bidder chooses 1 tract the other tract will be offered by itself. Tract 1 will be offered separate. All tracts or individual tracts are by the acre, as previously mentioned. Farming rights will be granted 14 days after the current crop is removed. The crop belongs to the current farm tenant. New owner will not receive any of the 2024 crop or cash rent.

Sellers: Tract 1 ●7 Z Farm Land Trust, Tract 2 & 3 ●Tom Zerrusen, Dennis Zerrusen, Mary Hess, Barb Kessler, Ray Zerrusen, Pauline Mette, and Melvin Zerrusen

Terms & Conditions:  Real Estate is sold “As Is.” Non Refundable 10% down sale remainder due at closing approx. 40 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. The current crop belongs to farm tenant. New owners will have farming rights 14 days after the current crop is removed. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at the auction site. It is the potential bidder’s responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.