Clay Road, Noble, IL 62868 - Richland County

PUBLIC AUCTION

THURSDAY, NOVEMBER 10, 2022 6:00PM

ONLINE BIDDING OPENS THURSDAY, OCTOBER 20 AND WILL CONCLUDE AT THE END OF THE LIVE AUCTION.

RICHLAND COUNTY, IL

106 ACRES

Location: From the intersection of Hwy. 50 and Hwy. 130 in Olney, IL go west on Hwy. 50 9 miles to Glenwood Road, turn north and go 3 miles to Colborn Camp Lane, go west 1 mile to Clay Rd., go south 1/4 mile and the property is on the west side of the road. (Approx. 3mi. Northwest of Noble, IL, 40mi. Southeast of Effingham, IL & 80mi. E of St. Louis, MO.)

Location of Auction: Clay City Community CenterSouth 1st Street, Clay City, Illinois (Watch for Signs)

106 acres +/- Farmland & Woods

PIN: 09-02-200-004

Sort Legal: Part of the NE 1/4 of Sec. 2, T3N R8E 3rd P.M.,

Richland County, IL

This is a very diverse farm that offers quality farmland, hunting/recreation, saleable timber, & rural homesites.

Approx. 69.47ac tillable (66%) in row crop production

Soil Types: Belknap, Petrolia, Ava, Bonnie, & Hickory

Weighted Crop Productivity Index (CPI) of 109.8

Open farm tenancy for the 2023 farming season

TERMS ON REAL ESTATE: Sellers reserve the right to reject any and all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before December 9, 2022. Sellers guarantee good and merchantable title. No survey will be provided by the sellers. Sellers to pay the 2021 and 2022 real estate taxes, buyer(s) will pay all subsequent taxes thereafter. 2021 real estate taxes were $1,290.72. Sellers retain no mineral rights; however, subject to any prior reservations. Seller believes they own a large portion of the mineral rights. Possession will be at closing and following the removal of the 2022 crop. Sellers shall retain the landowners share of the 2022 crop. Seller and buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium

ONLINE BIDDING: Bidders will be allowed to bid in person at the live auction or they have the option of bidding online through HiBid

SELLERS: Larry Oaster Etal

COL. JUSTIN CARSON #441.001711

Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911

204 E. North Ave., Flora, IL 62839