000 Heather Lane, Clay City, IL 62824 - Clay County

ONLINE Farm Auction!!!!

ONLINE AUCTION ONLY

000 Heather Lane Clay City IL

54.80 Acres of multi use farm ground. 40 +/- acres is on the south side of 1813 Heather Lane. There is 27.62 +/- tillable acres with the remaining acreage being wooded. There is 14.80 +/- across the road with all being tillable, for a total of 42 +/- acres of tillable farm ground. The PI of the ground is 90 and the soil types are Passport, Bluford, Ava and Atlas. Farming rights for the 2025 season will go to the buyer. This acreage would be a nice addition to your farming operation. If you are looking to build a home there are several home sites on this property. With road access on both sides it will make it easy to pick one. There are 13 acres that consist of woods that will provide some nice deer hunting with crop fields all around and a pond across they road. I have seen deer almost every time that I have been on the property.

Auction Details

This is an online only auction, you must register to bid at Midwestfarmco.com

Auction starts Sept 10, 2024 at 8 am

Auction closes Sept 11, 2024 at 3pm. This is a soft close.

The view the property contact listing agent.

New parcel number for the 14.80 acres will be provided.

Farming Rights for 2025 will transfer to buyer.

Productivity Index 90

Soil types are Bluford, Passport, Ava & Altas

No Survey

Mineral rights if any convey to the buyer

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