PUBLIC AUCTION - BUREAU COUNTY FARMLAND

PUBLIC AUCTION

BUREAU COUNTY FARMLAND

SECTION 22, PRINCETON TOWNSHIP

117+/- ACRES

The following described farmland real estate will be offered by PUBLIC AUCTION on:

Saturday, August 25, 2018

10:00 A.M.

Sale Day Location:  401 W. Main St., Wyanet, IL at “THE SHED”

Click "HERE" for a Complete Information Packet

Description:

TRACT 1:  Located South East of Princeton, IL on IL Rt 26.  40 +/- Acres in the SW ¼ of NE ¼ , Section 22 Princeton Twp (T.16.N-R.9.E.)

39.86 +/- acres production including .9 acre CRP Waterway paying $207 annually – expires 9-30-2020.

A 142.7 productivity index  as per Surety.  Soils including Muscatune (52%), Osco (21%), Buckhart, Sawmill and Sable.

TRACT 2:  Located South East of Princeton, IL on IL Rt 26.  77 +/- Acres in the N ½ of SE ¼, Section 22 Princeton Twp., (T.16N-R.9E.)

73.98 +/- acres production including 1.10 Acres CRP Waterway paying $375 annually – expires 9-30-2024.  A 139.7 productivity index as per Surety. Soils including Muscatune (25%), Buckhart (25 %), Osco (42%) and Sawmill..

Tax ID # 16-22-400-006 $4,361.94  2017 paid in 2018

Plat locations, Aerial Photos, Soil Maps and improvement information available @ rickrediger.com

TERMS AND CONDITIONS:

1.) Parcel will be sold by the surveyed acres.  Survey will be provided by Seller.

2.) The successful bidder will be required to enter into a standard purchase agreement contract.  10% of the contract purchase price will be due immediately following the auction. The balance will be due and payable on November 15, 2018 at closing.

3.) The seller shall provide a title insurance policy in the amount of the purchase price of the subject properties.

4.) Based upon the 2017 real estate taxes paid in 2018, the 2018 real estate taxes due and payable in 2019 will be credited by the Seller to the Buyer at closing.  All subsequent real estate taxes will be the responsibility of the buyer.

5.) The property is being sold in “AS IS” condition, with no implied warranties of any kind.

6.) The information is believed to be accurate. However, we strongly urge all prospective buyers to thoroughly research all pertinent data and to draw their own conclusions.

7.) All announcements made the day of the sale take precedence over any previously printed material.

8.) For additional information or to view the property contact Rick Rediger, Auctioneer at 815-699-7999.

Seller: PETERSON FARM LAND TRUST

Attorney: Mike English, 10 Park Ave. W., Princeton, IL  61356

815.875.4555

Number System will be Used – I.D. Required Not Responsible for Accidents

RICK REDIGER, Auctioneer

REDIGER AUCTION SERVICE – WYANET, IL  815.699.7999