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240 ACRES - HIGHLY TILLABLE FARMLAND AUCTION THURSDAY, JUNE 12, 2025 - WAYNE COUNTY, IL THIS IS AN OUTSTANDING OPPORTUNITY TO PURCHASE QUALITY, HIGHLY TILLABLE FARMLAND BETWEEN CISNE AND MT. ERIE, IL 3 INDIVIDUAL TRACTS & 1 COMBINATION TRACT Location: At the intersection of Route 161 (Highway 16) and Highway 45 in Cisne, IL go East 7mi. to CR 2100E, then go North 1mi. to CR 1900N, then go East 1/2mi. Tracts 1 & 2 are on the North side of the road and Tract 3 is on the South side of the road Approx. 8mi. Northeast of Cisne, IL; Approx. 50mi. South of Effingham, IL; Approx. 100mi. East of St. Louis, MO. Location of Auction: Cisne Community Center-Cisne, IL (WATCH FOR SIGNS) TRACT 1 120 acres +/- Farmland PIN: 06-10-011-010; 06-10-011-011 W/2 SE/4 & NE/4 SE/4 of Sec. 10, Elm River Twp. An outstanding tract of nearly all tillable farmland. 117.04 FSA measured tillable acres (98%) Soil Types: Wynoose, Bluford, & Hoyleton Weighted Crop Productivity Index (CPI) of 99.5 1/4 mile County Road 1900N frontage on Southern border. TRACT 2 40 acres +/- Farmland & Outstanding Homesite PIN: 06-10-011-010 SE/4 SE/4 Sec. 10, Elm River Twp. Another quality tract of farmland with an excellent building location. 34.69 FSA measured tillable acres (87%) Soil Types: Bluford, Hoyleton, Blair, Wynoose, Ava Weighted Crop Productivity Index (CPI) of 97.6 1/4 mile County Road 1900N frontage on Southern border. TRACT 3 80 acres +/- Farmland PIN: 06-15-015-006; 06-15-015-007 N/2 NE/4 Sec. 15, Elm River Twp. This is another very good tract of highly tillable farmland. 74.73 FSA measured tillable acres (93%) Soil Types: Bluford, Blair, Wynoose Weighted Crop Productivity Index (CPI) of 98.7 1/2mi. frontage on Northern border & 1/4mi. frontage on Eastern border. TRACT 4 240 acres +/- Combination of Tracts 1, 2, and 3 TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before July 11, 2025. Sellers guarantee good and merchantable title. Sellers will pay the 2024 real estate taxes due and payable in 2025. Buyer(s) will pay all subsequent taxes thereafter. 2023 real estate taxes on Tract 1 $2,233.22; Tract 2 $1,559.48; Tract 3 $1,467.96. Sellers retain 1/2 of their mineral rights for 10 years and as long as production exists thereafter. Possession will be at closing subject to current farm tenants rights. The farm is rented for the 2025 farming year. Buyer(s) will receive the second installment of the 2025 cash rent. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements. No Buyers Premium SELLERS: BRIAN AND BOBBI JO SEIB CARSON AUCTION & REALTY CO. COL. JUSTIN CARSON #441.001711 Managing Broker, Certified General Appraiser, & Auctioneer 204 E. North Ave., Flora, IL 62839 |
