114.75 + or –
PRIME CHAMPAIGN COUNTY FARMLAND
LAND AUCTION
THURSDAY, SEPTEMBER 29, 2011
10:00 A.M.
AUCTION LOCATION: Jim Clingan Auction Center
1697 CR 2200 E
St. Joseph, IL 61873
LAND LOCATION:
¾ mile West of Royal, IL on County Road 20 to first curve, then ¾ mile North on County Road 2500 E.
LEGAL DESCRIPTION:
That part of the Southeast Quarter (SE ¼) of Fractional Section Seven (Frls 7), Township Twenty (20) North, Range Eleven (11) East of the Third Principal Meridian lying North of the center line of the branch of the Spoon River Drainage Ditch, in Ogden Township, Champaign County, Illinois.
TRACT 1: 112.83 acres more or less, approximately 112.1 acres tillable.
***SOLD*** $11,800 PER ACRE
TRACT 2: 1.92 surveyed acres, 34 year old, 6 room modern ranch home, approximately 1335 sq. ft. with full basement, 2 car attached garage and further improved with 36’ X 40’ Quonset shed, Barn, Crib, Chicken house and extra garage. Home is sold as is and not subject to appraisals, or inspections.
***SOLD*** $140,000
TERMS: 10% down payment on the day of the Auction, upon signing contract to purchase. Balance payable at closing on or before November 1, 2011. Possession will be given at closing, or after harvest, should harvest be later. Tract 1: Seller will pay the 2011 property taxes due in 2012, or give credit for same at closing based on the 2010 property taxes. 2010 Property Taxes were approximately $3123.26. Tract 2: Taxes will be prorated to date of closing. 2010 property taxes were approximately $1832.58. Buyer will be responsible for all taxes thereafter; Seller reserves the right to reject any and all bids. Announcements sale day take precedence over all previous advertising.
ANNA M. ROELFS ESTATE