Pike County, IL Land Auction
140 +/- acres 1 Tract
Sold $6,100/acre
Thursday | March 29 | 11 am | Pittsfield, IL
Auction Location
American Legion
1302 W. Washington St.
Pittsfield, IL 62363
Property Location
From the west edge of Pittsfield, IL south on 365th St 4.5 miles, then west in Sections 21 & 22 of Martinsburg Twp. in Pike Co. IL.
● 120.72 FSA acres Productive Caseyville & Winfield Soils!
● Mature Timber and Wildlife Habitat
● Farmstead: Great Building Site, Rural Water, Electric
● GREAT INCOME, INVESTMENT & HOMESITE POTENTIAL!
140 acres m/l, 120.72 acres tillable m/l- Productive Caseyville & Winfield soils with PI- 112.9. The balance of the farm is secluded wooded fingers with mature timber and a nice pond for added wildlife, recreational and hunting opportunities. The existing farmstead along 190th Ave with older improvements occupies an excellent building site with Pike Co Water and IREC electric. Access is via 190th Ave on the north side.
Auction Procedure & Terms: Farm will be offered on a dollar per acre basis in one tract based on surveyed acres. Acreage figures provided are approximate. A pre-auction survey will provide acreage figure to determine final valuation. Successful bidders will be required to sign a Memorandum of Agreement at the auction. 10% down payment will be due at the auction. The balance will be due at closing, on or before Monday, April 30, 2018. Seller will provide title insurance. 2017 real estate taxes will be paid by the Seller, all subsequent real estate taxes will be the responsibility of the Purchasers.
Possession, subject to the rights of the 2018 crop tenancy with Smithers Farms, will be granted upon closing. Purchaser will enter into the existing 2018 farm lease agreement with the current tenant. Purchaser will receive the entire 2018 rent payment of $11,000. Farm sells free of other tenancies.
Property and all improvements sell as-is with no guarantees or warranties. All acre figures, maps, representations and information provided are approximate. Prospective bidders are welcomed and encouraged to fully inspect the property at their convenience, and inspect all related information to their satisfaction prior to bidding at the auction. Auction day announcements supersede prior information.
Contact Brian Curless for information at 217-242-1665 or bcurless@irtc.net.
Attorney- Lowry & Hoskin 130 S. Madison St. Pittsfield, IL 217-285-4822
CHARLES & CECILIA COUCH ESTATE
