AUCTION, +/- 20 Acres, T3, Elwood Twp. Vermilion County, IL

Property Description

SOLD at AUCTION

T3: +/- 20 Acres, to be offered at public auction Thursday, 6:30 PM, May 18th.
This +/- 20 Acre tract is tract 3 of a 5 tract auction. See attached Auction Sale Brochure.

Property Inspection Dates:
The property is open for inspection during daylight hours.

An Ag Exchange agent will be on site at T2 to answer questions.
9AM to 1PM,  Saturday, May 6th.

Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832

ONLINE BIDDING AVAILABLE

T3: +/- 20 Acres consisting of +/- 12.2 wooded acres and +/- 7.8 tillable acres, 112.6 PI
Buyer receives $1,168.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-005.
2022 payable 2023 real estate tax: $246.90 = $12.35 per acre.

T3 is an ideal, small acreage hunting tract offering excellent deer, turkey and small game hunting with creek frontage.
Several, ideal build site locations with high bluff views over looking the creek.
Black top road frontage along the west and south border, electricity is present along the county roads.
Consider bidding on this parcel individually or in combination with other tracts.

An old farm stead was located on this parcel. Some clean up work has been performed. Tract is selling in as is condition.

Contact Travis Selby
217.304.1686

FARMLAND AUCTION
+/- 99 Acres offered in 5 tracts
Elwood Twp. Vermilion County, IL.
Auction Time & Date:
Thursday, 6:30 PM, May 18th

Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832

Highly productive tillable land.
Income producing hunting tracts.
Excellent deer, turkey, and small game hunting.
Wooded creek frontage.
Large acreage homesites.
Sale is subject to the 2023 crop lease and CRP.

T1 is a stand-alone tract. T1 will not be combined in combination bids.
T1: +/- 40.00 Acres; +/- 37.07 tillable acres, 128 PI, +/- 1.76 waterway acres.
Buyer receives $7,414.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-001.
2022 payable 2023 real estate tax: $1,687.92 = $42.20 per acre.

T2: +/- 20 Acres consisting of +/- 10 wooded acres and +/- 10 tillable acres, 117.7 PI
Buyer receives $1,497.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-003.
2022 payable 2023 real estate tax: $313.94 = $15.70 per acre.

T3: +/- 20 Acres consisting of +/- 12.2 wooded acres and +/- 7.8 tillable acres, 112.6 PI
Buyer receives $1,168.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-005.
2022 payable 2023 real estate tax: $246.90 = $12.35 per acre.

T4: +/- 15 Acres consisting of +/- 9.8 wooded acres, +/- 2.81 tillable acres, 114.6 PI.
+/- 3.09 CRP acres paying $846.01 annually through the fall of 2026. Buyer receives 100% of the CRP payment issued fall of 2023 and beyond.
Buyer receives $420.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-009.
2022 payable 2023 real estate tax: $174.68 = $11.64 per acre.
T4 total income for 2023 = $1,289.93

T5: +/- 4 Acres consisting of +/- 1.13 wooded acres, +/- 2.87 CRP acres paying $785.78 annually through the fall of 2026.
Buyer receives 100% of the CRP payment issued fall of 2023 and beyond.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-200-009.
2022 payable 2023 real estate tax: $80.18 = $20.05 per acre.

Contact Travis Selby for additional information
217.304.1686