Name | Farmland Auction Madison County, IL |
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Auctioneer | Langham Auctioneers |
Type | Online-Only Auction |
Date(s) | 2/20/2020 - 4/2/2020 |
THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. BIDDING ENDS THURSDAY, April 2, 2020 AT 6 PM (CST). If you prefer to turn in an absentee bid in person, please call Hal 618-410-6286 to make arrangements. | |
Preview Date/Time | Sunday, March 22nd from 2-4 PM (CST) or call Hal 618-410-6286 to schedule an appointment. |
Checkout Date/Time | Friday, April 3, 2020. DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $25,000 per tract for Real Estate purchased to the office of Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, April 3, 2020) Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers). |
Location | near I-55 Frontage Road Livingston, IL 62058 |
Buyer Premium | 4% Buyers Premium |
Description |
Sells Regardless of Price.
104.31 Acres in Section 21 T6N R6W in Madison County, Illinois.
*Sells in 2 Tracts: Lot 1: 69.41 Acres
Lot 2: 34.9 Acres
*Bidding will be on a per tract basis.
*Both tracts will stand alone and not be part of any combination.
*Possession will be given at the time of closing.
*Buyer will receive 2020 Farming privileges.
*No Mineral rights will be conveyed to the buyer.
Sellers: Martin E. Hoerath and Karen L. Price
Call Hal Langham for details: (618)-410-6286
Yield History:
2009 Corn Acres 31.4; Corn Yield 148/ Soybean Acres 23.5; Soybean Yield 37.
2010 Corn Acres 59.7; Corn Yield 109/ Soybean Acres 30; Soybean Yield 58.
2011 Corn Acres 66.2; Corn Yield 65/ Soybean Acres 23.5; Soybean Yield 20.
2012 Corn Acres 23.5; Corn Yield 29/ Soybean Acres 66.2; Soybean Yield 35.
2013 Corn Acres 0; Corn Yield 0/ Soybean Acres 89.7; Soybean Yield 30.
2014 Corn Acres 66.2; Corn Yield 152/ Soybean Acres 0; Soybean Yield 0.
2015 Corn Acres 23.5; Corn Yield 105/ Soybean Acres 66.2; Soybean Yield 53.
2016 Corn Acres 66.2; Corn Yield 156/ Soybean Acres 23.5; Soybean Yield 48.
2017 Corn Acres 23.5; Corn Yield 108/ Soybean Acres 66.2; Soybean Yield 56.
2018 Corn Acres 66.2; Corn Yields 158/ Soybean Acres 23.5; Soybean Yields 54.
2019 Corn Acres 23.47; Corn Yields 118/ Soybean Acres 66.2; Soybean Yield 55.
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Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 100.00 USD |
Currency | USD |
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Buyer Premium | 4% Buyers Premium |
Payment Terms |
Friday, April 3, 2020. DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $25,000 per tract for Real Estate purchased to the office of Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, April 3, 2020) Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers).
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