AUCTION, +/- 70 Acres, Buck TWP. Edgar County, IL

Property Description

SOLD at AUCTION, $14,300 per acre.

FARMLAND AUCTION
+/- 70 Acres, Buck TWP. Edgar County, IL.
10 AM, Thursday, March 28th

Auction will be held at Step Station
14793 E 1200th Rd, Paris, IL 61944

Live in Person, Public Auction with Online Internet Bidding.

Farm is located 1.6 miles north of Dudley, IL.
Directions to the farm from Paris, IL: Travel west 11 miles on Rt 133 to CR 625 E, turn south, 2.4 miles to farm.
Look for signs.

+/- 70.01 surveyed acres consisting of +/- 68 tillable acres.

Highly productive class A soils, 140.6 PI.
Buyer receives the owners share of the 2024 cash rent.

Mineral Rights: Seller shall sell and convey to buyer, without express or implied warranties of title, all of Sellers interest in the coal, oil, gas and other minerals underlying the Property.

The Property will be offered as +/-70 surface acres in one tract, including all of Sellers interest in the coal, oil, gas and other minerals underlying the Property.

Oil and Gas Lease: The Property is subject to an Oil and Gas Lease dated May 21, 1948 (the Oil and Gas Lease), which covers the Property and other lands.
The lease has been perpetuated and maintained by consistent production of oil since the date of the lease.
The Buyer shall be entitled to all royalties generated by the production of oil and gas subsequent to Closing.
See attached Brinkerhoff "C" Lease Payment History.

Buyer receives cash rent for the 2024 crop year in 3 payments.
Payment 1: $7,366.66 paid at closing.
Payment 2: $7,366.66 paid July 15th, 2024.
Payment 3: $7,366.66 paid January 15th, 2025.

APH includes the adjacent 80 to the west.
64 bu/acre soybeans and 207 bu/acre corn.

Corn
211 bu/acre - 2014
201 bu/acre - 2016
215 bu/acre - 2018
193 bu/acre - 2020
238 bu/acre - 2022

Soybeans
68 bu/acre - 2013
62 bu/acre - 2015
56 bu/acre - 2017
54 bu/acre - 2019
66 bu/acre - 2021

LEGAL DESCRIPTION: +/- 70 surface acres located in part of the W half of the NE quarter of section 10, T13N- R13W, Buck TWP. Edgar County, IL.
Including all of Sellers interest in the coal, oil, gas and other minerals underlying the Property.
Said +/- 70 Acres selling, is a split out of Edgar County, IL Assessor PIN: 02-17-10-200-001.
The estimated Real Estate Tax for said +/- 70 acres selling is $2,835.00 = $40.50 per acre.

Land Broker and Auctioneer, Travis Selby
IL Lic.# 441001485
217-304-1686

Auction terms and Conditions: See Attached Addendum A, Terms and Conditions.