Online Only Jasper County IL hunting and farmland auction
Listing ID#: 850020
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Rural Hidalgo, IL HIdalgo, IL 62432 |
| Sale Dates and Times |
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Bidding Starts: Tuesday Mar 3, 9:00 AM Bidding Ends: Monday Mar 30, 5:00 PM |
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 Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Schmid Auction & Realty Co. Contact: Trent Schmid Phone: 217-857-1507 Email: sold@schmidauction.com Website: www.schmidauction.com/ EstateSale.com ID#: 8468 View company information and listings |
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To bid click on green box view online auction catalog or go to www.bidschmid.com
40.5 Acres Prime Jasper County Hunting & Farmland Auction Monday March 30th 5:00PM (Starts to close) Online Only Land Auction – Rural Hidalgo IL
Tract Information
Tract 1: 20.25 + or – Acres, 19.9 + or – tillable acres, Located in Sec 1, Crooked Creek Township, Jasper County, IL east half of parcel # 20-02-01-200-001. Soil P.I. 105.5 Spring Farming Rights! Tract 2: 20.25 + or – Acres, 5 + or – tillable acres, 14.1 + or – wooded acres, incredible deer & turkey hunting. Located in Sec 1, Crooked Creek Township, Jasper County, IL west half of parcel # 20-02-01-200-001. Soil P.I. 103.2 Spring Farming Rights! EJ Water available!
Seller: Jeanne Shull Trail camera images from this property can be viewed online. EJ Water is accessible, and the area features abundant Whitetail Deer and Wild Turkey! CRP terms: The Quail Buffer CRP expires in September 2027 (1.59 acres:. New owners cannot farm the 1.59 acres before then—doing so requires USDA repayment of past payments for the new owners. If tracts 1 and 2 have separate buyers, the USDA will split the area accordingly for future payments. Farming Rights: The existing farm tenant is relinquishing their farming rights, having applied variable rate potash and completed fall tillage. The new owner will need to reimburse the farm tenant $45 per tillable acre. If buyers wish to keep the previous farm tenant, they should contact the auction company for further contact information. Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.
Bidding Method: Bids are per acre; final price is the high bid times total acres for each tract. The purchase agreement will state the total tract price, which remains fixed regardless of future surveys. Bidding Increments: $25.00 per acre. Extended Bidding: Any bid placed on Tracts 1-2 within the final 2 minutes will extend bidding on both Tracts 1 and 2 by 2 minutes.
Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign agreements on Tuesday, April 1 in person or via DocuSign.
Crops & Possession: New owners gain possession at closing.
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials. Liability: Schmid Auction is not responsible for accidents.
Prime Hunting and Fertile Farmland in Jasper County
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