Auction
Auction Time: Wednesday, November 13th at 10:00 AM CT
German Fall Festival Building 101 S Main St Gifford, IL 61847
Bidding Procedure
The Property will be offered in an in-person and virtual online auction format in two individual tracts in two separate rounds of bidding. In Round 1, bids will only be taken on Auction Tract 1 and in Round 2, bids will only be taken on Auction Tract 2. The tracts will not be able to be combined and bid on as a single unit. Bidding will be on a dollars per acre basis. Final purchase prices will be calculated by multiplying surveyed acreage by the high bid amounts for the respective tracts. Bidding and livestream viewing will be available on our website.
REGISTRATION
All online bidders are required to register at our website on or before Noon CT on Tuesday, November 12, 2024. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates LLC for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidders financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase.Property Description:
87 Acres of quality Champaign County farmland, located just east of Gifford, IL on US Route 136. This property is located in Section 36 of Harwood Township, Champaign County, IL.
Tract 1:
82 Acres located in Section 36 of Harwood Township, Champaign County, IL. The weighted productivity index is 120.4, primary soil types are Ashkum silty clay loam and Elliott silty clay loam. FSA cropland acres are 79.48. This tract includes a 1.57 acre CRP waterway paying $467, expiring 9/30/2027.
Tract 2:
5 Acres located in Section 36 of Harwood Township, Champaign County, IL. The weighted productivity index is 125, primarily Ashkum silty clay loam and Elliott silty clay loam. This tract also features a water well.