ONLINE AUCTION!!!
100 Acres +/- of highly productive Richland County farm land. If you are looking for prime farm ground then you won’t want to miss this one. The farm has a Productivity Index average of 101, with Passport & Hoyleton soil types. Access to the farm is off of N Sugar Creek Rd by a Warranty Deed.
Online Auction
100 acres +/- Highly Productive Richland County Farm Ground
North Sugar Creek Rd Dundas Illinois
Go North of Olney on St Rt 130 to the Dundas Rd. Turn East and go to North Sugar Creek Rd. Turn South and property will be on the left.
Preview Starts June 10th 2024
Online Auction Only Starts July 9th 2024 at 8 AM Auction begins to close July 10th 2024 at 3 PM Must register to bid at midwestfarmco.com
Auction consists of 100 acres +/- North Sugar Creek Rd Dundas
PIN numbers 100236300002 & 100235400007
T5N R10E Sec 35 of Preston Township
T5N R10E Sec 36 of Preston Township
Soil Types: Passport & Hoyleton
Crop Productivity Index average of 101
Tenant will have 2024 farm rights
Access is off of N Sugar Creek Rd Dundas by Warranty Deed.
For more details or to view the property call Rodney Hawkins 618-925-3153
Sale Terms & Conditions
-NO BUYER’S PREMIUM.
-SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS. – Reserve Auction (Online Only)
NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. Have your financing verified before you bid.
PROCEDURE: Bidding in $50 Increments.
**SURVEY ** No Survey will be provided
ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.
REAL ESTATE TAXES: Will be prorated to the day of sale. MINERAL: Any mineral rights owned, if any, will convey to buyer.
CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier’s check and received within 3 business days. Earnest check to be made to Midwest Farm & Land Company LLC. The balance of the contract purchase price is due at closing.
TITLE: Sellers shall furnish the Buyer(s) at Seller’s expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.
CLOSING: Closing shall occur within 30-45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.
POSSESSION: Possession will be given upon closing.
AGENCY: Midwest Farm and Land Company LLC is the Agent and Representative of the Seller.
The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed by the owners or Midwest Farm and Land Company LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Midwest Farm & Land Company LLC pertaining to this property. Real estate is being sold “As Is, Where Is”.
Listing Broker: Rodney Hawkins Cell: 618-925-3153 email: Rodney.hawkins@midwestfarmco.com
Designated Managing Broker- Brandon Swartzlander 618-322-1675 email: brandon.swartzlander@midwestfarmco.com
Midwest Farm & Land Company LLC