33.37 Acres Tillable, Pasture and Storage in Palmer, IL, Online Only Auction

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Description

33.37 Acres Tillable, Pasture and Storage in Palmer, IL, Online Only Auction

Bidding begins to close on Thursday, September 17th at 6:00pm CT. 

849 N 1065 E Rd, Taylorville, IL 62568

 

33.370± Acres of Prime Agricultural Real Estate

Cropland · Pasture · Pond · Outbuildings & Grain Storage

Don't miss this opportunity to own a well-rounded farmstead offering productive tillable ground, pasture, a stocked pond, and a strong lineup of outbuildings and grain storage — all in one package.

 

Property Overview — 33.370± Acres

-Tillable Cropland — 26.79± acres

-Stocked Pond — 2.3± acres

-Pasture & Buildings — 2.53± acres

-Waterway & Alfalfa — 1.75± acres

 

Soil Types

-Harrison silt loam 43.4%

-Elco silt loam 28.2%

-Herrick silt loam 15.2%

-Radford silt loam 2.7%

-Cowden silt loam 2.2%

 

Grain Storage

-(5) 30' bins — 65,000± bushel total capacity

-All bins equipped with aeration floors

-Bins are currently empty — buyer may use bin storage

 

Outbuildings & Improvements

-Loafing Shed — 40' x 52'

-Machine Shed — 40' x 60' with attached 12' x 40' lean-to

-Garage — 24' x 30'

-Welded panel continuous fence on the feeding floor

 

Water

-2 wells on site (1 currently operational)

-2.3-acre stocked pond

Parcel Number 05-18-30-100-001-00

2025 Taxes $2,179.66

 

Why You'll Want This One

A rare combination of productive row-crop ground, pasture with a continuous welded-panel feeding floor, a stocked pond, and over 65,000 bushels of on-site grain storage — this property is ready to work for a farming or livestock operation from day one.

Auctioneer: Jeremy Piatt Lic# 475.214405 Contact: (217) 553-0822, jeremy.piatt@kaufmanrealty.com

Acreages are approximate and subject to survey. Property sold subject to seller confirmation and terms announced day of sale.

 

Terms: 

Online terms apply. 5% buyer's premium

10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is, no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 5% buyer’s premium will be added to determine the final contract price.   

Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in not being approved.  

Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auction of IL. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees.         

Property lines on our maps are approximate. Not a survey. 

Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.  

Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.  

At the close of bidding, the online bidding system is set to begin ending at 6:00 p.m. If a bid is placed with less than 5 minutes left, the time will reset to 5 minutes and will continue to do so until no bids are placed within the last 5 minutes. 

All auctions are sold with a reserve unless otherwise advertised.

 

DISCLOSURE: Kaufman Realty & Auctions of IL is acting as Auctioneer/agent and is an agent for the seller only.  

 

DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.        

 

All acreage, square footage and other dimensions are approximate. Subject to final survey if sold in separate parcels.  

By bidding, bidder verifies that they have read, reviewed, and agreed to the purchase documents available under the documents tab of this auction. If buyer requires a review of these documents by their counsel, this must be done prior to bidding. In addition, bidder agrees that this bid is a legal and binding contract upon the bidder. It is also understood that a bidder may at some point be outbid but due to combinations of sale may move back into winning position. Therefore, all bids remain valid until the winning bids have been declared. Bids may not be retracted.  

 

Communications: By accepting these terms, you agree to receive email and SMS correspondence. You may opt out at any time. 

 

Additional Terms

-Seller retains the right to crop and harvest the tillable acres this season

-Seller retains use of the buildings until Christmas

-Buyer may use bin storage immediately (bins are currently empty)

Auctioneer

Kaufman Realty & Auctions

121 South Washington Street, Suite B
Taylorville, IL 62568

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Phone Number
800-218-6978
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