Casey, IL 62420 - Cumberland County

David & Joan Bright 40 + or Acre Land Auction

Rural Cumberland County IL Casey, IL

Thursday June 26th 1pm Online Only

40 + or Acres, 34.5 currently able to farm, 5.5 Acres CRP w/annual payment of $231 per acre expires 9/30/2027 acres CRP (CP33) EJ Water, Electric Available, Casey Schools. Located in Sec 16, Crooked Creek Township, Cumberland County, IL. Currently stand is a rye crop and buyer can farm as soon as the crop is removed. Crop should be removed by June 26th, and we will update the website when it is harvested. Online Only!

ZERO BUYER PREMIUM

The land is signed up to run power with poles on the south side of the property. There is no guarantee it will be going in. The agreement expires on Jan 31st, 2027. We have a copy of the agreement.

The new owner will receive approximate payments of $17,714.00 + $6,000.00 for the structure. This is to run power on the south side of the property and will be 6ft from the south side of the property running east & west. It will be power poles to carry DC power.

If land, including a portion of whole parcel, is taken out of the USDA CRP programs prematurely after the auction closing, the new owners are liable to refund the USDA for past payments. Bidding is by the acre. The final bid price will be multiplied by the total number of acres which is 40 acres. Such a number will be put in the purchase agreement. CRP acres are closely estimated, and there is no guarantee they will exactly match up when the USDA switches to the new owner.

Real Estate is sold As Is. 10% down sale remainder due at closing approx. 40 days.. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Schmid Auction is not responsible for accidents. The biding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys. Taxes will be prorated to date of closing.

Bidding is by the acre. Thursday, June 26th at 1:00PM when there is a bid on any tract in the last 3 minutes 3 minutes will be added. Bidding is by the Acre! Bidding will be in $25.00 Increments.