Bond Co. Land Auction

Bond Co. Land Auction

Estate of Ann Pacatte Farm 

40.00 taxable acres sold in 1 tract located at:

Shady Grove Ave.

Greenville, IL  62246

LIVE AND ONLINE AUCTION.  Visit Pacatte Farm to register and bid online beginning Oct. 25th

View the video:

 

TAXES:

Parcel # 09-05-25-403-001

$675.64 subject to reassessment

BRIEF LEGAL:

The Southwest Quarter of the Southeast Quarter of Section 25, Township 6 North, Range 4 West of the Third Principal Meridian (excepting all coal underlying said premises) situated in Bond County, Illinois.

SOIL TYPES:

Oconee-Damstadt silt loam and Cowden-Piasa silt loam

Fall fertilizer applied:

2021 for 2022 – 17,500 gal/acre of high nutrient swine manure

2020 for 2021 – 210 lbs/acre of potash

2019 for 2020 – 17,500 gal/acre of high nutrient swine manure

2018 for 2019 – 200 lbs/acre of potash

YIELD HISTORY:

Year CORN SOYBEANS
2022    215      –
2021      –     66
2020    178      –
2019      –     64
2018    210      –
2017      –     66
2016    201      –
2015      –    46
2014    198      –
2013      –    52

 

Terms and Conditions

The farm will be sold on a price per acre basis according to the latest tax record. Buyer(s) will enter into a non-negotiable written contract on the day of the auction. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing. Sellers shall pay the 2021 real estate taxes payable in 2022. Buyer(s) shall pay the 2022 real estate taxes payable in 2023 and all subsequent years. Sellers will provide title insurance in the amount of the purchase price subject to the permitted exceptions and the title company's usual and customary exceptions. Possession will be given at the time of closing with full possession given after harvest is completed. The Sellers are prepared to close immediately. Closing will be on or before December 8, 2022. Property is being sold subject to owner confirmation. The Sellers agree to participate in a 1031 like kind exchange.

All announcements sale day shall take precedence over any prior advertising whether written, oral or electronic. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate and are for demonstration purposes. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is” subject to all easements written or unknown. Seller’s interest in mineral rights will be conveyed. Buyers MUST have financing arranged prior to sale day.

Payment

Cash, check, or wire transfer only. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing.

Disclosure of Owner Names

Estate of Ann Pacatte - Marcel Pacatte, Executor

Contact Information

Aron Cowman 217-473-4840
Ron Cowman 217-473-7550

  • Auction Date

    November 8, 2022

  • Auction Start Time

    10:00 a.m.

  • Auction Location

    American Farm Heritage Museum, 1395 Museum Ave., Greenville, IL 62246

  • Directions

    At Junction 140 & 127 in Greenville, IL go north on Rt. 127 approximately 2.5 miles to Shady Grove Ave/1300N, then 2.5 miles west to farm; or approximately 15 miles south of Hillsboro on Rt. 127 and west on Shady Grove Ave 2.5 miles. Watch for signs.