Joseph Schackmann Family Farms, LLC Land Auction Live Auction w/online bidding
142.31 + or acres Jasper & Richland County Land
Tuesday, Nov. 26th 5:00PM Auction Site West End Reception and Events
202 Museum Dr. Newton, IL 62448
Tract 1 40 + or Acres, 37 + or tillable acres, parcel # 94-15-16-300-006 Located in Sec 16, Willow Hill Township, Jasper County, IL
Tract 2 41 + or Acres, 21.02 tillable, 18.2 Acres CRP CP22 Tree program expire Sept 30th, 2031, $188.06 per acre, Annual Payment $3,423.00, parcel # 75-15-20-400-002 Located in Sec 20, Ste. Marie Township, Jasper County, IL. Lane used for access is part of property!
Tract 3 18.6 + or Acres, surveyed acres, 5.53 + or tillable remainder pasture, was part of parcel # 90-12-17-300-011. Located in Sec 17, Wade Township, Jasper County, IL. Ideal building site!
Tract 4 42.71 + or Acres, surveyed acres, 31.17 + or tillable acres, was part of parcel # 05-01-400-009 & 05-01-400-008. Located in Sec 1, Denver Township, Richland County, IL
Attorney: Frank J. Weber
Weber, Heap, Ayres & Greene, P.C.
122 South Van Buren Street
P.O. Box 7
Newton, IL 62448
Tel: 618-783-8471
Tracts 1, 2 and 3 all sellers mineral, oil, and gas title, if any, will pass without warranty of title or title evidence. Sellers are retaining their oil interest in Tract 4 so long as production continues. Bidding is by the acre. The final bid price will be multiplied by the total number of acres in each tract. Such number will be put on the purchase agreement. All tracts offered individual tracts are by the acre, as previously mentioned. Farming rights granted at closing or after the current crop is removed. The crop belongs to the current farm tenant. Pre-bidding on land will begin on Sat, October 26th 8:00am Central Time.
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. The current crop belongs to farm tenant. New owners will have farming rights at closing if the current crop is removed. If corn and soybeans are still in the field at closing farming rights granted at completion of harvest. Maps, borders, on brochures, websites 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 the auction site. It is the potential bidders responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. The 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. Bidding 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.