Name 25 Acre + or - Edgar Land Auction
Auctioneer Schmid Auction & Realty Co.
Type Online-Only Auction
Date(s) 9/27/2020 - 10/27/2020
AUCTION WILL BEGIN TO CLOSE TUESDAY OCT 27TH 5:30PM
Preview Date/Time CURRENT CROP BELONGS TO FARM TENANT
Checkout Date/Time WED OCT 28TH ALLIED CAPITAL TITLE COMPANY PARIS, IL 10am
Location Rural Edgar County
Chrisman, IL 61924
Buyer Premium 10% for online bidding
Description
Online Only Land Auction Current Crop belongs to current farm tenant Tuesday, Oct 27th 5:30PM Ross Township, Edgar County, IL Off Rt. 1 north of Chrisman and south of Ridge farm on, IL turn west 2700th Rd 5.3 mile. Go north on 1150th St. a ½ mile. 25 + or - Acres located in Ross Township, Sec 6, Edgar County, IL. FSA tillable acres 24.2. Successful buyer will have farming rights Feb 1st, 2021. FSA Base Acres on corn is 14.83 acres and 9.52 soybeans. A person may bid now. Every time there is a bid at 5:30 or after on Oct 27th the auction will extend for another 3 minutes. The land will be offered by the acre and the bidding will be in $25.00 increments. Each bidder must be approved by the auction company after registering online. The final bid will be multiplied by 25 acres. Edgar County, Illinois (IL045) Map Unit Symbol Map Unit Name Percent of AOI 56B2 Dana silt loam, 2 to 5 percent slopes, eroded 1.8% 148B Proctor silt loam, 2 to 5 percent slopes 28.0% 152A Drummer silty clay loam, 0 to 2 percent slopes 70.2% 198A Elburn silt loam, 0 to 2 percent slopes 0.0% Totals for Area of Interest 100.0% Seller P & N Properties Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Current crop belongs to farm tenant. New owners will have farming rights Feb 1st, 2021. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at Allied Title Co. 10am on Wed Oct 28th. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents.
Auction Terms & Conditions 25 + or - Acres located in Ross Township, Sec 6, Edgar County, IL. FSA tillable acres 24.2. Successful byer will have farming rights Feb 1st, 2021. FSA Base Acres on corn is 14.83 acres and 9.52 soybeans. A person may bid now. Every time there is a bid at 5:30 or after on Oct 27th the auction will extend for another 3 minutes. The land will be offered by the acre and the bidding will be in $25.00 increments. Each bidder must be approved by the auction company after registering online. The final bid will be multiplied by 25 acres. Edgar County, Illinois (IL045) Map Unit Symbol Map Unit Name Percent of AOI 56B2 Dana silt loam, 2 to 5 percent slopes, eroded 1.8% 148B Proctor silt loam, 2 to 5 percent slopes 28.0% 152A Drummer silty clay loam, 0 to 2 percent slopes 70.2% 198A Elburn silt loam, 0 to 2 percent slopes 0.0% Totals for Area of Interest 100.0% Seller P & N Properties Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Current crop belongs to farm tenant. New owners will have farming rights Feb 1st, 2021. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at Allied Title Co. 10am on Wed Oct 28th. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements day of sale take precedence over printed material. Schmid Auction is not responsible for accidents. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 25.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 25.00 USD
10,000.01 - 100,000.00 25.00 USD
100,000.01 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium 10% for online bidding
Payment Terms
Current crop belongs to farm tenant. New owners will have farming rights Feb 1st, 2021. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement at Allied Title Co. 10am on Wed Oct 28th, PROPERTY WILL CLOSE IN APPROXIMATELY 30 DAYS. 10% DOWN PAYMENT WILL BE HELD IN ESCROW AT ALLIED CAPITAL TITLE CO.