4921 Kinmundy Rd, Louisville, IL 62858 - Clay County

Rufus and Loma Budde Trust Online Only 120 Acre Land Auction

4921 KINMUNDY RD LOUISVILLE IL 62858

Tuesday Feb 11th 1:00PM Online Timed Auction

Tract 1 3.72 Acres, 1500 Sq. Ft. built 1976 w/full basement, 720 St. 1 car garage, 54x90 Morton shed pole building, two 6,000 bushel grain bins, $2,250 plus 851. 3 bedrooms, 1 full bath & bath, all electric, roof is years old, new water heater, central air & heat. Approx. 2 acres tillable w/soil PI 109. Tract 1 will not be by the acre. All electric, Southeast Marion Water, & Clay Electric. Bidding on tract 1 will be a lump sum price and $250.00 bid increments. Located in Section 25, Oskaloosa Township, Clay County, IL

Tract 2 36.28 + or Acres, 36.28 + or - tillable acres located in Sec 25 Oskaloosa Township, Clay County IL 2025 farming rights. Soil PI 108.8

Tract 3 40 + or Acres, 40 + or tillable acres located in Sec 25 Oskaloosa Township, Clay County IL 2025 farming rights. Soil PI 108.7

Tract 4 40 + or Acres, 40 + or tillable acres located in Sec 25 Oskaloosa Township, Clay County IL 2025 farming rights. Soil PI 113.2

2023 taxes payable in 2024 on entire 120 Acres were approx. $3,101.00. Farming rights granted at real estate closing.

Viewing Sat Feb 1st 9am-11:30am and Friday Feb 7th 9am-11:30am

Real Estate is sold As Is. 10% down sale remainder due at closing approx. 30 days. The new owners will have farming rights at closing. Maps, borders, on brochures, websites and markers in the field are estimates and are simply to be used as guidelines. Schmid Auction is not responsible for accidents. Bidding will be by the acre on Tracts 2, 3 and 4 and a lump sum on tract 1. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.

All of sellers mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.

Tract 1 is not by the acre it is a lump sum. Tracts 2, 3 and 4 bidding is by the acre. Tracts will not be combined. At 1PM Central Standard time on Tuesday Feb 11tth when there is a bid on any tract in the last 3 minutes 3 minutes will be added. Tract 1 bidding increment is $250.00 and tract 2, 3 and 4 bidding increment is $25.00