Public Land Auction
Max Prosser Estate
Fred Gallagher, Executor
Friday May 16, 2008
6:00PM
Map
         
80 +/- Total Acres
Approx 79.35 Tillable
Section 32, Richland Township
Shelby County, Illinois
Tax ID #1614-32-00-200-003
Sale Location
Strasburg Community Building
Strasburg, Illinois
Commencing at 6:00 PM
Property to be Sold -As Is, Where Is
PROPERTY DESCRIPTION
This property features a 3 bedroom home with a covered front porch. The home is surrounded by large shade trees down a private drive. Two detached garages, a large machine shed and other outbuildings provide lots of storage. Two grain bins are available for grain storage. All of this is part of 80 acres of prime farmland.
SOIL TYPES
Shelby County Supervisor of Assessment Records Indicate These Soil Types:
#113A Oconee Silt Loam
#152 Drummer Silty Clay Loam
#13A Bluford Silt Loam
#132 Starks Silt Loam
#219 Millbrook Silt Loam
FSA DATA
The following data was provided by the
Shelby County Farm Service Agency
Farm # 1753
Tract # 3627
Farmland Acres 80
Cropland Acres 79.4
Corn Base Acreage 38.1
Direct Payment Corn Yield 115
Counter-Cyclical Corn Yield 146
Soybean Base Acreage 38.1
Direct Payment Bean Yield 36
Counter-Cyclical Bean Yield 43
TAX INFORMATION
The following data was provided by the
Shelby County Treasurer
2006 Taxes Payable in 2007 $1967.90
LOCATION OF PROPERTY
Property is located approximately 2 Miles West of Strasburg, Illinois
on County Road 950N. Farm is on the north side of the road.
The property will be marked by
Gordon Price Auction Service Signs
LEGAL DESCRIPTIONS
The South Half of the Northeast Quarter of Section 32, Township 11 North, Range 5 East of the Third Principal Meridian, Shelby County, Illinois
Terms Of Sale
Buyer will be required to enter into a written contract on day of auction. 10% down day of sale with balance due at closing, within 30 days. Buyer will receive full possession at closing. Buyer will honor tenant’s rights for the 2008 crop year. The crop share lease is a 50/50 split. Buyer will receive the landlord’s share of the 2008 crop and pay landlord’s share of 2008 crop year expenses. 2007 taxes due in 2008 will be paid by sellers and all real estate taxes thereafter to be paid by the buyer. All available mineral rights remain with the property. Buyer will be furnished an owners title policy. Commitment for Title Insurance will be available for examination at the office of Attorney John Freeman, 220 North Morgan, Shelbyville, IL 62565. (217) 774-9595.
GORDON PRICE AUCTION SERVICE
5700 eAST STATE HWY 33
SHUMWAY, IL 62461
Auctioneers
Gordon’s Home #217-868-5788
Chris’s Home #217-774-4706
Gene’s Home #217-562-3092
Illinois State License #’s
4400000314 4410000788 4400000769
 
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