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00 N Abbott Ln & E. Ina Rd
Belle Rive
, IL 62810
Recreational | Farmland
Jefferson County Illinois Land for Sale at iAuction – Ruth Moak Estate
Bidding Ends Wednesday, October 4th at 10AM.
Introducing a rare and exceptional agricultural offering, encompassing 200.9 acres of highly productive cropland conveniently offered in 4 tracts. This pristine farmland boasts a remarkable combination of soil types, predominantly comprised of Hoyleton, Cisne, and Bluford silt loam soils, with a productivity index average of 106.
Situated approximately 4 miles south of Belle Rive and just 7.8 miles east of Ina, this expansive property enjoys a strategic location that combines rural tranquility with accessible convenience. The Farm Service Agency records indicate a substantial 189.51 acres of tillable land, maintained and prepared for optimal yields. The remaining acreage is dedicated to essential waterways, ensuring proper drainage and safeguarding the productivity of the tillable tracts.
This offering provides a remarkable opportunity for both established agricultural operators and savvy investors looking to diversify their portfolios. The potential of this land is limited only by your vision and expertise. Whether it's grains or specialty crops, this property is a blank canvas primed for your agricultural aspirations.
Adding to the allure, this expansive cropland is being presented free of any tenant agreements for the upcoming 2024 crop season, affording the new owner full control and flexibility to implement their preferred farming practices and strategies. The opportunity to shape the land to align with your goals is at your fingertips.
For those interested in delving deeper into the potential of this property, don't hesitate to contact Phil Brown at 314-753-7444.
Tract 1: 104.7 acres with approximately 104 acres of cropland with the soils consisting mostly of Hoyleton, Cisne, and Bluford silt loams with an average productivity of 106.
Tract 2: 22.3 acres with approximately 20 acres of cropland with the soils consisting mostly of Hoyleton and Bluford silt loams with an average productivity of 103.
Tract 3: 33.9 acres with approximately 29 acres of cropland with the soils consisting of Hoyleton silt loams with an average productivity of 106.
Tract 4: 40± acres with approximately 35 acres of cropland with the soils consisting mostly of Hoyleton and Richview silt loams with an average productivity of 104.
Jefferson County, IL iAuction Terms & Conditions
- PROCEDURE: Bidding ends Wednesday, October 4, 2023 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract. All bids placed are by the Acre.
- BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price.
- ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, October 5, 2023 (hand delivered, faxed, electronic signature or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.
- DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
- BIDDING: Once submitted, a bid cannot be retracted.
- CLOSING: Closing shall be on or before 3:00 PM., Thursday, November 9, 2023.
- POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
- TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
- SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.
- REAL ESTATE TAXES: The 2022 and 2023 Real Estate taxes to be paid for by the Sellers.
- Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
- The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. This property is subject to prior sale.
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