Menard County, Illinois Land Auction
188.47 Acres M/L To Be Sold In 1 Tract
Open Lease For The 2018 Farming Season
Monday March 26, 2018
AUCTION TO BE HELD AT GILLMORE'S CAFE IN PETERSBURG, IL.
LAND IS LOCATED ½ MILE EAST OF PETERSBURG, IL. RT. 123 TO SUNNY ACRES ROAD THEN ½ MILE SOUTH . LAND LAYS SOUTH ALONG SUNNY ACRES RD.
LAND REPRESENTS 123.67 AC. OF GOOD PRODUCTIVE FARMLAND:OVERALL AVE. PI-127: Land is flat to gently rolling:
Majority of the soil types are Elburn (PI-143), Littleton (PI- 142); Plano (PI- 141); Beaucoup (PI- 132); Broadwell-Onarga (PI-126); Tice (PI-134):
CRP CONTRACTS: 46.90 AC. ENROLLED IN THE CRP PROGRAM WITH YEARLY PAYMENTS TOTALLY $ 8,321.00 .
33.40 AC. EXPIRES 10-1-21 AND 13.50 AC. EXPIRES 10-1-22.
THERE IS A 10X40 MOBILE HOME ON THE PROPERTY USED AS CABIN WITH UNDERGROUND ELECTRICAL SERVICES TO THE CABIN. (AMEREN ILLINOIS)
BALANCE OF ACREAGE IS IN TIMBER- AND WATERWAY:
REAL ESTATE TAXES ARE $ 4,790.08 ( $25.42 PER ACRE)
TERMS: The land will sell on a per acre basis. 1 tract- 188.47 ac. m/l (based on the tax records). The successful buyer (s) will be required to enter into a written purchase agreement with the seller and pay ten (10%) percent down of the bid price after the auction. The balance of the bid price will be due on or before Thursday April 26, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be
provided by the seller. The 2017 Real Estate taxes due in 2018 will be paid by the seller and the 2018 and all subsequent years will be paid by the new buyer. Possession will be given at the time of closing. The farm will sell free and clear and the new buyer will have full farming and hunting rights for 2018.
All announcements on sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate, however , no liability for its accuracy errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being
sold “as is”. The land sells subject to the executors approval.
ALBERT FRICKE, ESTATE
MARTIN FRICKE, EXECUTOR
CHARLES K. SMITH, ATTORNEY FOR THE ESTATE, PETERSBURG, IL. PH. 217-632-7750
RON SANERT AUCTION SERVICE
Cell: Ph. 217-341-8406