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FARM LAND AUCTION
Previous Page Listing ID#: 37744
Auction Location |
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Morris, IL 60450 |
Auction Dates and Times |
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Saturday Jun 24, 2017 Completed |
Auction Type |
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Live Auction |
Company Information |
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Richard A. Olson & Assoc, Inc. Contact: Dick or Erik Phone: 815-942-4266 Email: olsonauction@live.com Website: richardaolson.com GoToAuction.com ID#: 2974 View company information and listings |
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Listing Terms and Conditions |
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AUCTION TERMS: The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The high bidder will have "choice" of Tract 1, Tract 2 or Both. The successful bidder will be required to enter into a sales contract on day of sale and deposit $25,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. The Seller will retain the right to harvest the 2017 crop and will retain 100% of the 2017 farm income. The Buyer will receive a credit at closing of $125 per acre purchased to represent one-half of the 2017 farm income. Buyer will also receive a credit at closing for one-half of the 2017 taxes due in 2018. The farm lease will be open for the 2018 crop year. Closing on or before July 24, 2017.
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Listing Information |
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FARM LAND AUCTION Auction Location: Moose Lodge #967, 3835 N IL-47, Morris, IL 60450 Farm Location: From intersection of IL-113 & Broadway in Coal City, head 3 miles West on IL-113, then 1 mile North on Gorman Rd. Gorman Rd splits Tract 1 & 2. Click here for map. A more detailed map is shown in flyer. 95 Acres - (2) Tracts - Goose Lake Twp - Grundy County ----------------------------------------------------------------- Flyer - Aerial Map - Soil Map - Topography Map - FSA Info - Tax Info Legal Description: Part of the SE 1/4 of Sec 30
-Bryce - 41.31 Acres (Corn 162, Soybeans 54) -Overall Corn 163.5, Soybeans 54.3, Wheat 64.6 Tract 1 Info: -Offered as “CHOICE” of Tracts 1 or 2
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-Bryce - 47.08 Acres (Corn 162, Soybeans 54) Tract 2 Info: -Offered as “CHOICE” of Tracts 1 or 2
Seller’s Attorney: Don Black Click here for 11x17 Flyer or call the office and we can mail. AUCTION TERMS: The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The high bidder will have "choice" of Tract 1, Tract 2 or Both. The successful bidder will be required to enter into a sales contract on day of sale and deposit $25,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. The Seller will retain the right to harvest the 2017 crop and will retain 100% of the 2017 farm income. The Buyer will receive a credit at closing of $125 per acre purchased to represent one-half of the 2017 farm income. Buyer will also receive a credit at closing for one-half of the 2017 taxes due in 2018. The farm lease will be open for the 2018 crop year. Closing on or before July 24, 2017. |
Auction License: 444.000512, 440.000585, 441.001909, 478.009870, 471.000858, 475.186146 |
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