Morgan Co. Farm Land Auction
Prime Morgan County Farm land consisting of 234.998 +/- NEHL acres.
Copy and paste or click the link to view each tract. https://youtu.be/TTreXPrYgxQ
BRIEF LEGAL
Tract 1 – Vivian Kay Foster (43.517 +/- NHEL acres): Part of the North Half and the South Half of Section 7, Township 15 North, Range 8 West of the Third Principal Meridian, Morgan County, Illinois.
Tract 2 – Robert F. & Anna Lois Foster Trusts (90.920 +/- NHEL acres): Part of the North Half of Section 7, Township 15 North, Range 8 West of the Third Principal Meridian, Morgan County, Illinois.
Tract 3 – Robert F. & Anna Lois Foster Trusts (100.561 +/- NHEL acres): Part of the South Half of Section 6 and Part of the North Half of Section 7, All in Township 15 North, Range 8 West of the Third Principal Meridian, Morgan County, Illinois.
All tracts are tiled, with 40’ easement on east side.
TAXES
Tract 1: approx. $1456.08; Subject to reassessment
Tract 2: approx. $3042.18; Subject to reassessment
Tract 3: approx. $3364.77; Subject to reassessment
SOIL TYPES
Tract 1: Consists of Ipava Silt Loam, Muscatine Silt Loam, and Osco Silt Loam.
Tracts 2 & 3: Consist of Ipava Silt Loam, Muscatine Silt Loam, Sable Silty Clay Loam, Osco Silt Loam, Elkhart Silt Loam, and Lawson Silt Loam.
AVERAGE SOIL TEST RESULTS
Ph – 6.3
P1 – 65
K – 462.5
YIELDS 2012 2013 2014 2015 2016
Corn 168 256 261 188 235
Soybeans 59 82 75 73 75
Terms and Conditions
TRACT 1: Will be sold alone on a price per acre basis. The official survey is complete; the surveyed tract acreage will be used to calculate the final tract settlement price.
TRACTS 2 & 3 will be sold separately; and then will be offered together. The tracts will be sold on a price per acre basis. The official survey is complete; the surveyed tract acreage(s) will be used to calculate the final tract settlement price.
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. The 2015 real estate taxes due and payable in 2016 have been paid by the seller. The buyers will receive a credit at closing for the 2016 taxes based on the latest ascertainable real estate information available. Sellers will provide title insurance in the amount of the purchase price. Possession will be given at the time of closing.
All announcements sale day shall take precedence over any prior advertising either 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. 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.
Disclosure of Owner Names
Vivian Kay Foster and the Robert F. & Anna Lois Foster Trusts
Contact Information
Aron Cowman 217-473-4840
Ron Cowman 217-473-7550
Edward Cowman 217-473-0411
Eddie Carpenter, Attorney | Jacksonville, IL
foster-tract-3Auction Date
December 10, 2016
Auction Start Time
1:00 p.m.
Auction Location
Beard Implement Conf. Room; 2298 State Hwy. 123; Ashland, IL 62612
Directions
PARCEL LOCATION: Approx. 15 miles west of Springfield on Old Jacksonville Road; or approx. 10 miles east of Jacksonville on Old State Road. Watch for signs. Interested parties may view the land at their convenience.
Additional Information
Aron Cowman 217-473-4840
Ron Cowman 217-473-7550
Ed Cowman 217-473-0411
Eddie Carpenter, Attorney | Jacksonville, IL