Prime Champaign Co.
Farmland
LAND AUCTION
Friday, July 22, 2011
10:00 A.M.
Held at the Jim Clingan
Auction Center, St. Joseph, IL
10 miles East of
Champaign-Urbana, IL on I-74, (St. Joseph Exit- #192), then go ½ mile North
FOR MAPS AND SOIL LEGENDS CLICK HERE
Tract I: Ranch home with full basement on 2.512 surveyed acres
and also includes 36X30 Shop Building, 2 Barns, old crib and 40’X54’ Morton
Building. Home is in need of major
repairs, but definitely repairable. Home
property sold as is and not subject to appraisals, or inspections.
SOLD!!
$94,000
Tract II: 97.5 acres more or less, approximately 97 acres
tillable-highly productive Drummer, Selma and Raub loam soil types.
Tracts 1 & 2 are located
3 miles South of Gifford, IL on County Road 32 to CR 2600 N, then 3 ½ miles
West and legally described as the E ½, SW ¼, and W ½ SW ¼ SE ¼ S20T21NR10E
3rd P.M. Champaign County, Il. 2010
property taxes, $29.92 per acre.
SOLD!!
$11,400 per acre
Tract III: 16 acres
more or less, all tillable with predominately Ashkum, Kishwaukee loam soil
types. Tract 3 is located 1 ½ miles
S of Gifford, IL on County Road 32 and legally described as the N 528’ except
the N 264’ of the N ½ SE ¼ S14T21NR10E 3rd P.M. Champaign
County, IL. 2010 property taxes
$15.93 per acre.
SOLD!!
$7600 per acre
Terms: 10% down
payment on the day of the Auction, upon signing a contract to purchase.
Balance payable at closing within 30 days of Auction.
Possession: shall
be given at closing subject to the rights of the tenant under the 2011 crop year
cash rent lease. Buyer will be given
credit for first half of cash rent at closing and will receive 2nd
half cash rent in fall 2011. Taxes:
Seller will pay 2010 taxes due in 2011.
Buyer will pay 2011 taxes due in 2012.
Seller reserves the right to reject any and all bids.
Announcements sale day take precedence over all previous advertising.
Martha Lubben Estate, Seller
Attorney:
Jeffrey Tock
Harrington
& Tock
201
W. Springfield Ave.
Champaign,
IL
217-352-4167
P.O.
Box 1047, ST. JOSEPH, IL 61873
217.469.2500