Prime Tillable Farmland Auction
Mary Priscilla Morath Estate
Pike County, IL
119.86 M/L acres lying in Sections 8 & 9 of Chambersburg Township.
Monday, March 4, 2024
5:00 PM
Auction Location:
Evandy's Boatel, Bob Michael Street, Naples, IL, USA
In-Person w/ Online Bidding Available
Auctioneer Contact:
Brian Curless
217-242-1665
Frazier Curless
217-491-6704
Viewing Dates/Inspection:
Rare opportunity at two quality tillable parcels just outside Chambersburg in the Illinois River bottom!
Farm will be sold in two tracts, separated by the drainage ditch running north and south.
Auction Summary:
Auction Order:
The two tracts will be offered as Buyer's Choice. At the conclusion of the first round of bidding, the successful bidder has the option of choosing either or both tracts. If only one tract is selected, a second round of bidding will commence for the remaining tract.
Auctioneers Note:
These fantastic parcels offer 114.31 FSA contiguous tillable farmland acres, in a great location with easy access and nearby grain terminals. Outstanding farming and investment opportunity!
Plat Maps:
Aerial Maps:
Soil Maps:
Auction Terms:
AUCTION PROCEDURE
The property will be offered in two separate tracts.Tracts will be offered Buyer's Choice, meaning the successful bidder of the first round of bidding will have the option to select either or both tracts. Once selected, tracts WILL NOT be offered again, in any combination.
Bidding will be in terms of dollars per acre. The auction will be conducted live, in person and remote online bidding will be available. There are no online (or in-person) buyer's fees.
AUCTION TERMS
Successful bidders will be required to sign a Real Estate Contract and make a 10% non-refundable earnest money deposit at the immediate conclusion of the auction. The balance of the purchase price will be due at closing on or before April 4, 2024. Bidding/purchase is not subject to financing or other contingencies.
Seller will provide title insurance. Seller shall pay estimated 2023 real estate taxes due in 2024. Buyer shall be responsible for 2024 taxes due in 2025.
2024 farming rights are leased. Buyer will receive cash rent of $25,000.
Property and all improvements sell as-is with no guarantees or warranties. All information, acreage figures, maps, and representations provided are approximate and are subject to change. Prospective bidders are welcomed and encouraged to fully inspect the property at their convenience, and all related information to their satisfaction prior to bidding at the auction. Auction day announcements supersede prior information.
Online bidding is provided as a convenience to Bidder. Under no circumstances shall Bidder have any kind of claim against Curless Auction or anyone else if the Internet, phone or computer service fails to work correctly before or during the auction. Curless Auction will not be responsible for any missed bids from any source.
Tract 1
Tract Summary:
Tract 1 is 42.15 surveyed acres west of the drainage ditch. A productive Illinois River bottom farm with Haymond and Wakeland tillable soils and a 131 PI. The tract is borderd by IL Rt. 104 on the south, 466th Avenue on the west and Tract 2 on the east.
Tract 2
Tract Summary:
Tract 2 is 77.71 surveyed acres, east of the drainage ditch. Highly productive soils on this Illinois River bottom farm include Lawson, Haymond and Wakeland tillable soils boasting a 128.9 PI. Tract is bordered by IL Rt 104 on the south and Tract 1 on the west.