Sangamon Co. Land Auction

Sangamon Co. Land Auction

RICHARD STONE TRUST

Details below for 106.89 +/- acres to be sold in 2 tracts near Salisbury, IL.  New survey in progress.

Live and online.  Online registration and bidding begins Dec. 9, 2022.  Visit Richard Stone Trust register and prebid.

 

Tract 1 Taxes:  35.39 +/- acres (30.81 +/- tillable) UPDATED SURVEY SHOWS 35.77 ACRES

$1203.76 subject to reassessment

Tract 2 Taxes:  71.50 +/- acres (69.14 +/- tillable) UPDATED SURVEY SHOWS 71.49 ACRES

$3447.28 subject to reassessment

 

             CORN YIELDS                                            SOYBEAN YIELDS   

TRACT 1 TRACT 2 YEAR TRACT 1 TRACT 2
215 226 2022
2021 49 77

 

Terms and Conditions

The farm will be sold on a price per acre basis according to the latest survey. (Survey is currently in progress.) 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) will receive a credit at closing for the 2022 taxes due and payable in 2023 based on the latest ascertainable real estate information available. 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. Closing will be on or before January 19, 2023. Property is being sold subject to owner confirmation.

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

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. Buyers MUST have financing arranged prior to sale day. Buyer(s) will enter into a non-negotiable contract on the day of the auction. Closing will be on or before January 19, 2023.

Disclosure of Owner Names

Richard Stone Trust

Contact Information

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

Documents

Aerial Map - Tract 1 (35 acres)

Aerial Map - Tract 2 (70 acres)

Soil Map - Tract 1 (35 acres)

Soil Map - Tract 2 (70 acres)

Tract 1 Plat of Survey w legal description 12-9-2022

Tract 2 Plat of Survey w legal description 12-9-2022

Soils_Map

Traact 1 Soil Test Results

Tract 2 Soil Test Results

  • Auction Date

    December 19, 2022

  • Auction Start Time

    10:00 a.m.

  • Auction Location

    Knights of Columbus (Casey's Pub), 2200 Meadowbrook Rd., Springfield, IL 62711

  • Directions

    TRACT 1: West of Springfield on IL Rt. 97 & 125. Approximately 1.5 miles north of Rt. 125 junction on Smith Rd. Farm lays to the east of Smith Rd. Watch for signs. TRACT 2: From Junction of IL Rt. 97 & 125, approximately 4 miles north on IL Rt. 97 to Salisbury, then approximately 1/2 mile north on Mill Street (stay left onto Salisbury Cemetery Rd.) Watch for signs.

  • Additional Information

    TRACT 1 is slightly rolling, offers building site potential and is income producing. TRACT 2 is income producing and has rural water available.