REAL ESTATE AUCTION RICHLAND COUNTY, IL - COUNTRY HOME& 22.43AC

RICHLAND COUNTY - 22.43 ACRES QUALITY FARMLAND & COUNTRY HOME THURSDAY, JANUARY, 2024 11:00AM Open House: Friday, January 5 3-5PM OFFERED IN 3 TRACTS - LIVE IN PERSON & ONLINE BIDDING Location: From the intersection of Highway 130 and Highway 50 go east on Highway 50 2 miles to Holly Road, turn south and go 1/4 mile. The property is on the west side of the road. Southeast edge of Olney, IL; Approx. 45mi. Southeast of Effingham, IL; Approx. 70mi. Northwest of Evansville, IN Location of Auction: Auction will be held on site at 4171 N. Holly Road, Olney, Illinois TRACT 1 21.94 acres +/- Farmland PIN: 11-02-200-030; 11-02-400-017; 11-02-400-015 Located at the southeast edge of Olney, IL Holly Road frontage on eastern border 1/4 mile south of Highway 50 Part NE/4 SE/4 Sec. 2, Olney Twp., Richland Co., IL Approx. 19.92 tillable acres (91%) in row crop Soil Types: Bluford, Blair, Wynoose Weighted Crop Productivity Index (CPI) of 95.2 Outstanding development location Quality farmland with paved road frontage TRACT 2 Country Home on .50 Acres +/- PIN: 11-02-400-015 4171 N. Holly Road, Olney, IL 1974 manufactured home with addition Home has approximately 1850sq.ft. of living space 3 bedroom / 2 bath, living, kitchen/dining, enclosed front bonus room, enclosed back porch 24'X24' attached two car garage Gas forced heat furnace replaced in 2015 Drilled water well; Rex vault septic system This tract offers an affordable country home with an outstanding country location that offers the peace and quiet of country life but the convenience of being only minutes from town on a paved road and only 1/4 mile from Highway 50. TRACT 3 - Combination of Tracts 1 & 2 TERMS ON REAL ESTATE: Sellers reserve the right to reject any and or all bids. 15% of the purchase price placed down day of sale and the balance due at closing on or before February 20, 2024. Sellers guarantee good and merchantable title. Real estate is selling "as is" with no guarantees or warranties. Sellers will not be providing a survey. Real estate taxes will be pro-rated to the date of closing. Estimated real estate taxes based on 2022 are $265.38. Sellers shall retain no mineral rights; however, subject to any prior reservations. Possession will be at closing subject to farm tenants rights. The buyers will receive the landlord's share of the 2024 crop income. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium SELLERS: PHYLLIS SLUNAKER AND THE GAILE HERRIN HEIRS ATTORNEY FOR THE SELLERS: BARTLEY C. ZUBER - OLNEY, IL CARSON AUCTION & REALTY CO. COL. JUSTIN CARSON #441.001711 Managing Broker, Certified General Appraiser, & Auctioneer 204 E. North Ave., Flora, IL 62839