405 ACRES LAND AUCTION
THURSDAY, FEBRUARY 27, 2025 CLAY & WAYNE COUNTY, IL
PRODUCTIVE FARMLAND, RECREATIONAL LAND, WOODED TRACTS, & HOME SITES
TRACTS RANGING IN SIZE FROM 11 ACRES TO 100 ACRES
All tracts have open farming rights for the 2025 farming season.
TRACT 1 45 acres +/- Farmland
PIN:01-15-200-004
Sec. 15 Larkinsburg Twp Clay Co.
Mockingbirg Rd., N of Iola
Approx. 33.75 tillable acres (74%)
Soils: Bluford, Hickory, Ava, Atlas
Productivity Index (CPI) of 97.6
TRACT 2 35 acres +/- Farmland
PIN:02-33-400-007; 02-33-400-008
Sec. 33 Blair Twp Clay Co.
Iola Ln. & Pelican Dr., NW Louisville
Approx. 33.77 tillable acres (97%)
Soils: Bluford, Wynoose, Passport
Productivity Index (CPI) of 98.4
TRACT 3 54.24 acres +/- Farmland, Hunting, Woods
PIN: 06-04-100-006
Sec. 4 Louisville Twp Clay Co.
Pelican Dr., NW of Louisville
Approx. 34.76 tillable acres (64%)
Soils: Birds, Passport, Holton,
Hickory, Bluford, Creal
Productivity Index (CPI) of 103.1
TRACT 4 59.64 acres +/- Farmland, Hunting, Woods
PIN:06-04-200-007
Sec. 4 Louisville Twp Clay Co.
Pelican Dr., NW of Louisville
Approx. 43.43 tillable acres (73%)
Soils: Bluford, Hickory, Ava, Atlas
Productivity Index (CPI) of 92.3
TRACT 5 11.42 acres +/- Farmland, Hunting, Woods
PIN: 06-05-300-005
Sec. 5 Louisville Twp Clay Co.
Riffle Rd., NW of Louisville
Approx. 9.71 tillable acres (85%)
Soils: Bluford, Hickory, Passport
Productivity Index (CPI) of 95.1
TRACT 6 100 acres +/- Farmland, CRP, Hunting, Woods
PIN: 06-09-400-001; 06-16-200-001
Sec. 9, 16 Louisville Twp Clay Co.
Roadrunner Rd., NW of Louisville
39.72 acres in CRP paying $10,106/yr
Contracts expire in 2032 & 2039
The 2039 contract has not been completed and will require the buyer(s) to plant trees on the designated areas. Contact the auction company for more details.
Soils: Bluford, Hickory, Passport
TRACT 7 28 acres +/- Farmland
PIN: 06-05-200-003
Sec. 5 Clay City (S) Twp Clay Co.
Iron Mountain Ln., SE of Clay City
Approx. 27.06 tillable acres (97%)
Soils: Hoyleton, Bluford, Ava, Passport
Productivity Index (CPI) of 100
This tract does have oil production that will transfer with the property.
TRACT 8 72 acres +/- Farmland, CRP, Hunting, Woods
PIN: 11-27-011-009-00; 13-34-019-002
Sec. 27, 34 Keith (W) Twp Wayne Co
County Rd. 2225N., S of Flora
37.32 FSA tillable acres
13.4 CRP acres paying $2,526/yr.
Contract expires in 2031
Soil Types: Bluford, Belknap,
Blair, Wynoose (CPI) of 100.3
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before March 27, 2025. Sellers guarantee good and merchantable title. Real estate taxes will be pro-rated to the date of closing 2023 real estate taxes were: Tract 1 $597.64; Tract 2 $639.42; Tract 3 $691.86; Tract 4 $875.66; Tract 5 $202.94; Tract 6 $805.12; Tract 7 $430.64; Tract 8 $746.24. Sellers retain no mineral rights or mineral production; however, subject to any prior reservations. Possession will be at closing. All farmland has open farming rights for the 2025 farming year. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements.
Sellers have the right to reject any and/or all bids.
No Buyers Premium
ONLINE BIDDING: Buyers have the option to bid online through Hibid. Go to our website for details.
SELLERS: THE RICHARD BUENING ESTATE
Attorney: Law Group Ltd. Pam ApkeEffingham, Illinois