Peterson Family Farms | HiBid Auctions

LAND AUCTION 45.92 AC ONLINE BIDDING ONLY STARTS: Monday, April 22, 2024 @ 10:00 am ENDS: Friday, May 17, 2024 @ 10:00 am 45.92 Taxable Acres 22 tillable 23.92 timber with approximately 2.5 ac of Black walnut Coles County, Section 19 Lafayette Township Legal-PT OF SEC 19 BK874 PG133 PIN: 06-0-00687-000 2022 Taxes: $548.28 2023 Taxes: Will be pro-rated based on the most recent data from Assessor’s Office LOCATION: 1 Mile south of Mattoon at the corner of Odd Fellows Rd and Old State Rd Yield History: 2022 Soybeans 75 bu/ac. 2023 Corn 234 bu/ac. TERMS AND CONDITIONS Land is selling as one tract, by the acre based on the taxable acres 45.92. Sellers are highly motivated to sell, however reserve the right to accept or reject the final bid. Sale is NOT contingent on financing; buyers should have financing approved before bidding. The winning bidder will be required to enter into a written purchase agreement at the close of the auction. $10,000.00 earnest money will be due at the time of the contract which will be credited to the buyer at closing, on or before June 17, 2024. Policy showing merchantable title will be furnished subject to easements and restrictions of record. Sellers’ rights in minerals will be conveyed, but not warranted. Closing will be at ACTS Title in Charleston. Possession at closing, subject to tenant rights. 2024 Farm lease is 50/50 crop share. Buyer will receive sellers share of the 2024 crop at harvest minus input expenses. Sellers- Peterson Family Farms