129 Acre Cumblerland County IL online only Land Auction
Listing ID#: 903968
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Rural Cumberland Greenup, IL 62428 |
| Sale Dates and Times |
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Bidding Starts: Monday Oct 12, 9:00 AM Bidding Ends: Tuesday Nov 10, 6:00 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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www.bidschmid.com to bid or click on green box view online auction catalog. 129 Acre Cumberland County Land Auction – Online Only Rural Cumberland County, Greenup, IL Starts to Close Nov. 10th Tuesday, 6:00PM Tract 1 • 40 acres + or - ,38.6 + or – tillable, Parcel #09-35-400-004, Soil Productivity Index: 99.4 • 1.4 Acres CP2 CRP annual income $259.51, $185.37/acre Road frontage on 600N and 2200E Located in Section 35, Crooked Creek Township, Cumberland County, Illinois. 2025 taxes payable in 2026 was $894.82. Tract 2 • 80 acres + or - ,51.24 + or – tillable, 28.76 + or – wooded acres, w/trails & incredible Whitetail Deer & Turkey Hunting! Parcel #09-35-300-004, Soil Productivity Index: 101.6 • Road frontage on 600N. Located in Section 35, Crooked Creek Township, Cumberland County, Illinois. 2025 taxes payable in 2026 was $1,348.52. Tract 3 • 9 acres + or - ,Parcel #09-35-300-009 • Ideal hunting or building site with CRP income of $834.16/year 4.5 acres enrolled in CP2 $185.00/acre, Road frontage on 2200E. Located in Section 35, Crooked Creek Township, Cumberland County, Illinois. 2025 taxes payable in 2026 was $124.04. The tracts are in Section 35, Crooked Creek Township, Cumberland County, Illinois—Township 10 North, Range 10 East. Note: Another Section 35 lies at the township’s southern end; these tracts are in the far northern portion. Seller: Birch Run LLC Land Auction Buyers will receive a credit at closing for 2026 taxes payable in 2027. CP2 is a USDA Conservation Reserve Program (CRP) practice focused on the establishment of permanent native grasses. It helps with wildlife, erosion control, and water quality enhancement. CRP Terms: If any land, including part of a parcel, is withdrawn early from a USDA CRP program before expiration 9/30/2031, the new owner must reimburse the USDA for prior payments. Bidding is per acre, and the final purchase price will equal the winning bid multiplied by the total acres in each tract, as stated in the purchase agreement. CRP acreage is estimated and may differ when USDA records transfer to the new owner. A small portion of Tract 1’s CRP acreage may fall within Tract 2. Farming Rights: The existing farm tenant is relinquishing their farming rights at the completion of the 2026 harvest. 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 and 3 within the final 2 minutes will extend bidding on all Tracts 2 minutes. Bidders engaging in fraudulent activity will be subject to prosecution. Please note that submitting a bid constitutes a legally binding contract. Down Payment & Closing: 10% of the total purchase price is due on auction day or the following 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 Wednesday Nov. 11th, in person or via DocuSign. Crops & Possession: the Current Crop belongs to the current farm tenant. 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 and the sellers are not responsible for accidents that occur while individuals are viewing the property.
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