Estate of Christopher H. Smith Land Auction
59.44 +/- acres in Chapin, IL (approx. 18.50 +/- tillable and 39.64 +/- pasture or wooded)
LIVE AND ONLINE
Online registration and bidding begins Jan. 16, 2023. Visit Estate of Chris Smith Land Auction to register and pre-bid.
This site is a combination of rolling tillable acreage as well as fenced pasture with grazing grass, a wooded draw, and a farm pond. The property includes a 34’x34’ Morton livestock loafing shed (built in 1983) with a dirt floor that is open on the south side, as well as a 48’x72’ machine shed (built in 1972) with a concrete floor, 2 sliding doors and 2 walk-in doors and is open on the south. Rural water on the property via the Exeter-Merritt Water Co-op District.
This slightly rolling parcel offers building site potential, is income producing, and would be ideal for grazing cattle, hunting, and other outdoor recreational activities.
BRIEF LEGAL: Part of the North Half of the Southwest Quarter of Section Five (5); Township Fifteen (15) North, Range Twelve (12) West of the Third Principal Meridian, Morgan County, Illinois.
TAXES:
Parcel # 07-05-100-014 32.91 acres $464.60 subject to reassessment
Parcel # 07-05-100-012 26.53 acres $177.98 subject to reassessment
TOTAL: 59.44 acres
Additional Photos
Terms and Conditions
The farm will be sold on a price per acre basis according to the latest tax record. Buyer(s) will enter 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 2022 real estate taxes payable in 2023. Buyer(s) will pay the 2023 taxes due and payable in 2024 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 March 7, 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 should any such interests exist. Buyers MUST have financing arranged prior to sale day.
Payment
Cash, approved check, or wire transfer only.
Disclosure of Owner Names
Estate of Christopher H. Smith | Melissa Smith, Executor
Contact Information
Aron Cowman 217-473-4840
Ron Cowman 217-473-7550
Aerial_MapAuction Date
February 7, 2023
Auction Start Time
10:00 a.m.
Auction Location
American Legion Hall, 903 W. Superior Ave., Jacksonville, IL 62650
Directions
Approximately 4 miles west of Chapin on Rt. 104 to Harts Gravel Rd., then south 1.5 miles. Farm lays at the corner of Cylinder Head Rd. and Harts Gravel Rd. Watch for signs.