ONLINE LAND AUCTION: Franklin County IL 238+- Acres / 1 Tract (2659A)

Franklin County| ONLINE: CLOSES Thur, March 18 | 1 Tract | 238 Acres| Mulkeytown IL

ONLINE AUCTION: Franklin County IL 238+- Acres - 1 Tract

Bidding Closes Thursday, March 18, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: IL Route 14, Mulkeytown IL 62865

DESCRIPTION

This property is one of the premier waterfowl hunting areas in Southern Illinois. Over 200 acres can be flooded for waterfowl management to a level for 4-wheeler access.  It abuts another 350 plus acres of wetlands and shallow water area called Campbell Pond to the South and Rend Lake about 10 miles to the Northeast. Thousands of migrating waterfowl use this wetland area each year.

Harvest records show from 200 to 745 ducks harvested per year depending on the crops planted and managed for waterfowl.  Primarily Mallards, Pintails and Gadwall are the most popular ducks harvested.

Two 36-inch drainage culverts with gate controls and flaps are used to control the water level in the field.

A one fourth mile levee has been built to manage a 40-acre sub-impoundment for fall flooding of crops with two 8-inch drain tiles and standpipes used to control the water level. A 6-inch pipe through the levee on the Little Muddy River gives the owner the ability to pump creek water into the 40-acre sub-impoundment in the early fall.

A 10-acre shallow water wetland has been created with levees and a gate control structure on the North side of the levee and a 12-inch drain tile on the South side to manage the water level in that area.

Four, 3 or 4 man blinds have been strategically placed to maximize the waterfowl hunting opportunities during the hunting season.

The 15.7 acre tree program area is a dense bedding area adjacent to a large block of open timber.  This gives the owner a very good chance to also harvest whitetail deer off this farm.

190+- acres of tillable cropland provides a good revenue source from crops planted each year.  It is bottom land but a local farmer plants it judiciously to maximize the crop return.  A grain payment has been received every year by the owners depending on the crop type, amount of crops harvested and the price of grain at harvest time.

A manure contract is also in place to allow the Maschhoff Pork Producers who own the hog operation adjacent to this property to inject manure into the soil for fertilizer for enhanced crop production.  A 6-inch supply line has been placed on this property from the hog house area to pump the fertilized/manure out to this property for injection application.

  • 237.99 acres
  • 200 acres tillable cropland
  • 10 acres in CRP wetlands program at $99.41 per acre – 10 year program renewed on 10-1-2020
  • 17.7 acre tree program at $101.00 per acre – 15 year program renewed on 10-1-2019
  • Access of IL Rt 14 East of DuQuoin and immediately East of the Little Muddy River
  • 125’ wide easement from Hwy 14 to property.
  • New 50’ entrance culvert was put in March 2020

TERMS AND CONDITIONS

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

NO BUYERS PREMIUM!

Sale is subject to the confirmation of the Sellers.

PROCEDURE: Property is offered as a whole, no divisions.  Bidding will be per acre x taxed acres.

$1000 per ac opening bid, bid increments on a sliding scale from $50.00 to $20.00 per acre.

SURVEY:  No survey will be provided. Acreage based on last available Tax Bill.

MINERAL: Any mineral owned will transfer, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage, if any. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing subject to the 2021 crop share lease.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Wayne Keller, IL Lic #441.002475

Property Map

IL Route 14, Mulkeytown, IL 62865