THIS IS A COMPLETED SALE
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View current listings by this company
Maybelle Barnes Estate Land Auction 74.14 + or - Acres
Listing ID#: 539233
Sale Location |
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St. Elmo, IL 62458 |
Sale Dates and Times |
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Tuesday Sep 20, 2022 Completed Tuesday Oct 25, 2022 Completed |
Sale Type |
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Live with 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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Listing Terms and Conditions |
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Land has had past oil production. Individual that owns the mineral rights does not anticipate new oil production on the land.
Bidding is by the acre. The high bidder may choose either tract or both tracts by the acre. Individual that owns the mineral rights does not anticipate new oil production on the land. New owner's will not be receiving mineral rights and there is an injection oil pump located on Tract 1. Individual that owns the mineral rights does not anticipate new oil production on the land. New owner's will not be receiving mineral rights and there is an injection well located on Tract 1. Terms & Conditions: Current Crop belongs to farm tenant. New owners will receive farming rights after closing and after the completion of fall harvest 2022 . New owner will receive all the seller's interest in the land and that does not include the mineral interest. The sellers do not own the mineral rights. Land offered by the acre. Live auction with internet bidding available. Real Estate sold "As Is." 10% down sale remainder due at closing in 30 days of the completion of the auction. Property will be sold in a manner resulting in the highest sale price subjection to seller confirmation. Maps, borders, on brochure, website and markers in the field are estimates and are simply used as guidelines. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. |
Listing Information |
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Land has had past oil production. Individual that owns the mineral rights does not anticipate new oil production on the land.
Live Auction w/online bidding Tuesday, Oct 25th 1:00PM
Auction Site: St. Elmo American Legion 250E 9th St, St. Elmo, IL 62458
Directions to land: West of St. Elmo, IL or east of Brownstown, IL on U.S. Hwy 40 go south on 1850th St. 1 mile.
Tract 1: 34.14 + or - Acres, 33.27 + or - tillable acres, located in Sec 6 Wheatland Township, Fayette County, IL Road frontage on 1850th N St. Soil PI of both tracts together 114.22
Tract 2: 40 + or - Acres, 39.13 + or - tillable acres, located in Sec 6 Wheatland Township, Fayette County, IL Road frontage on 1700N. Soil PI of both tracts together 114.22
Land has had past oil production. Individual that owns the mineral rights does not anticipate new oil production on the land. New owner's will not be receiving mineral rights and there is an injection well located on Tract 1.
1 Tract 1: 34.14 + or - Acres, 33.27 + or - tillable acres, located in Sec 6 Wheatland Township, Fayette County, IL Road frontage on 1850th N St. Soil PI of both tracts together 114.22 Land has had past oil production. Individual that owns the mineral rights does not anticipate new oil pr... 2 Tract 2: 40 + or - Acres, 39.13 + or - tillable acres, located in Sec 6 Wheatland Township, Fayette County, IL Road frontage on 1700N. Soil PI of both tracts together 114.22 Land has had past oil production. Individual that owns the mineral rights does not anticipate new oil production on the ... |
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