163.5 Acre Marion County Illinois Farmland Auction Online Only
Listing ID#: 904667
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Jahraus Rd. & Frieda Rd. Farina, IL 62838 |
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Bidding Starts: Thursday Oct 15, 9:00 AM Bidding Ends: Monday Nov 16, 1:00 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. 163.75 Acre Online Only Land Auction Marion County, IL (Just south of Farina) Auction starts to close @ 1PM on Monday Nov 16th (Timed Online Auction) Farina IL, Rural Marion County, IL Tract 1• 83.75 + or – acres, 83.75 + or – tillable acres, Soil Productivity Index 109.1, located in Sec 5, Meachum Township, Marion County, Property #’s04-05-200-001 & 04-05-200-003. The 2025 taxes, payable in 2026, were $2,475.76. Road Frontage on Jahraus Rd. & Frieda Rd. Tract 2• 80 + or - acres, 78.21 + or – tillable acres, Soil Productivity Index 107.3 located in Sec 5, Meachum Township, Marion County, Property # 04-05-400-001 The 2025 taxes, payable in 2026, were $2,291.70. Road Frontage on Jahraus Rd. & Frieda Rd. Seller: Jason & Holly Sigrist Terms and Conditions Successful Buyer must close on the real estate in the 2026 calendar year. Buyers will receive a credit at closing for 2026 taxes payable in 2027. Farming Rights: The existing farm tenant is relinquishing their farming rights at the completion of the 2026 harvest. Harvest is completed. Rights: All 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. Bidders engaging in fraudulent activity will be subject to prosecution. Please note that submitting a bid constitutes a legally binding contract. Down Payment & Closing: A 10% down payment is due on the auction day or the following day. The remaining balance is due at closing, which must occur by December 31, 2026. Purchase Agreement: Successful bidders must sign agreements on Monday Nov 16th or , or Tuesday Nov 17th in person or via DocuSign. Crops & Possession: The crop is removed farming rights will be granted at real estate 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 and the sellers are not responsible for accidents that occur while individuals are viewing the property.
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