226+/- Acres George & Dorothy King Trust Farmland Auction
Listing ID#: 891034
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Sangamon County, IL 62707 Full Address Available on Sunday, Oct 4 |
| Sale Dates and Times |
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| Bidding Ends: Monday Oct 5 |
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Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Cory Craig Auctioneer Contact: Cory Craig Phone: 217-971-4440 Email: cory@corycraig.com Website: www.corycraig.com EstateSale.com ID#: 7351 View company information and listings |
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| Listing Terms and Conditions |
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TERMS & CONDITIONS: 10% down end of auction with balance due at closing on or before Mon. Nov. 9, 2026. Buyer will be required to enter into a written contract agreement end of auction. Seller will pay 2026 taxes. Buyer will assume all taxes thereafter. Title policy showing merchantable title will be furnished subject to easements and restrictions of record in place. Prairie Land Title Co., 3301 Constitution Dr. Suite A, Springfield, IL. 217-726-0698 (Jennifer), will be responsible for all title work and the closing. Have your pre-approved financial arrangements made prior to bidding. Seller reserves the rights to accept or reject any and all bids. Announcements day of auction take precedence over printed matter. Information in the ad is considered accurate, however, it is subject to verification and no liability for errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Cory Craig, Auctioneer pertaining to this property. Real estate is being sold “AS IS”. PERSONAL PROPERTY TERMS *Cash payments of more than $10,000 will require Form 8300 to be filled out by the buyer (or person paying cash on behalf of the buyer) and filed with the IRS, including social security number, driver's license, and occupation. 3. DEFAULT OF BUYER: Successful bidder not paying for items within 3 days of the date of the auction will be considered in default. Such default by the Successful Bidder will result in that Bidder's liability to both the Seller and Cory Criag Auctions. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) elect to affirm this contractual agreement and enforce its specific performance or (c) resell the items either publicly or privately with Cory Craig Auctions and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs including, but not limited to, the holding/transporting/storage costs of the items, the expenses of both sales, legal and incidental damages of both the Seller and Cory Craig Auctions.
YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOURSELF AND BOTH CORY CRAIG AUCTIONS. AND THE SELLER AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE ITEMS UNDER THESE TERMS AND CONDITIONS. |
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George & Dorothy King Trust Farmland Auction (Also selling IH Tractor & Mower) Sangamon County, IL 226+/- Acres LOCATION: Sect. 5 & 6-16N-5W North of Springfield Airport off Route 29, west on Jeffries Rd. then south on Muench Rd. then east on Central Point Rd. 1/4 mile to farm. (watch for Cory Craig Auction Signs) ENDS: Mon. Oct. 5 @ 6:00 P.M. (soft close) OPEN HOUSE: Sun. Sept. 20 12 Noon to 3:00 P.M. FARMLAND & RECREATIONAL 226+/- Acres: (Sells in 1 Tract) Farm has (4) PIN’s Through The County: Legal Description: PIN 1: All that part of the Southeast Quarter of Section 6, Township 16 North, Range 5 West of the Third Principal Meridian lying South of the original channel of the Sangamon River, except the West 5 acres thereof. PIN 2: The East 850.00 feet of Section 6, Township 16 North, Range 5 West of the Third Principal Meridian, Sangamon County, Illinois, lying North of the Sangamon River; excepting that part described as follows: Beginning at the Northeast corner of said Section, South 00 degrees 35 minutes 00 seconds West, 655.00 feet; thence South 54 degrees 21 minutes 46 seconds West, 557.77 feet; thence North 90 degrees 00 minutes 00 seconds West, 400.00 feet; thence North 00 degrees 35 minutes 00 seconds East, 980.00 feet to a point on the North line of said Section; thence North 90 degrees 00 minutes 00 seconds East, on said Section line 850.00 feet to the point of beginning. PIN 3: The Northwest Quarter of Section 5, Township 16 North, Range 5 West of the Third Principal Meridian, Sangamon County, Illinois, lying North and West of the Sangamon River; excepting that part described as follows: Beginning at the Northwest corner of said Section, North 90 degrees 00 minutes 00 seconds East, on the North line of said Section, 925.00 feet; thence South 00 degrees 35 minutes 00 seconds West, parallel with the West line of said Section, 250.00 feet; thence South 63 degrees 33 minutes 08 seconds West, 673.55 feet; thence North 00 degrees 35 minutes 00 seconds East, parallel with said West Section line, 120.00 feet; thence South 55 degrees 29 minutes 40 seconds West, 397.16 feet to a point on the West Section line; thence North 00 degrees 35 minutes 00 seconds East, on said West Section line, 655.00 feet to the point of beginning. PIN 4: The Southwest Quarter of Section 5, Township 16 North, Range 5 West of the Third Principal Meridian, Sangamon County, Illinois, lying North and West of the Sangamon River. TAXES: $6,923.99 PIN’S:14-05.0-100-006 14-06.0-400-003 14-06.0-200-021 14-05.0-300-002 Farm is showing 117.40 Ac. of cropland and has currently been enrolled in a CRP program and expiring on Sept. 30, 2026. A levee completely surrounds the entire tillable portion of the farm. There are no buildings on the farm. There are (2) water wells located in the farm near the northwest corner, one is in the cropland and one is between the service road and the west drainage ditch. These wells belong to property owners on the hill north of the farm who have easements to the wells across the land. Farm has a good roadway to access and the levee may be traveled by automobile its full length from west to northeast. USDA INFO. FARM: 5184 • CROPLAND: 117.40 •129.5 PI SOILS: Proctor (47.9%), Sawmill (37.2%), & Radford (14%), Worthen (0.9%) *OPEN TENANCY IN 2027* RECREATIONAL: Approx. 109 Acres of non tillable land that is ideal hunting ground with abundant wildlife. Land also has Sangamon River frontage to launch a boat for fishing. Well cared for land. |
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