EXCELLENT INVESTMENT PROPERTY WITH A HIGH PERCENTAGE OF TILLABLE ACRES WILL PROVIDE A HIGH RETURN ON INVESTMENT
Date 8/22 Owner The Estate of Raymond Barham
City Salem, IL Location Marion County Fair Grounds-loaction of auction
Auctioneer Bill Carson contact at 618-662-4911 or 618-838-8917
Inventory 435 Acres (385 Quality Farmland and approx. 50 acres timber)
Location of Auction Marion County Fair Grounds Exhibit Building South edge of Salem, IL on Rt. 37
Location of Property From the S. edge of Odin, IL to 2 miles S. of Odin, IL to 2 miles SE of Odin, IL or Approx. 4 miles SW of Salem, OR approx. 55 miles E. of St. Louis, MO
TRACT 1 91 acres more or less described as the E. half of the NW Quarter of Sec. 23, AND the South Part of the SE Quarter of the SW Quarter in Section 14, all being in T2N, R1E of the 3rd PM, Marion Co., IL
This tract is located at the South edge of Odin, IL and adjacent to the baseball complex. This is excellent farmland laying nearly level with 85.9 tillable acres and road frontage on its eastern border. The soil types are primarily Cisne-Huey silt loam, Hoyleton-Darmstadt silt loam, and Atlas Grantfork silt loam
TRACT 2 39 acres more or less described as the SW Quarter of the SW Quarter less 1 acre in the SW corner in Section 23, T2N, R1E of the 3rd PM, Marion, Co., IL
This acreage is located approx. mile southwest of the above described Tract 1 and has road frontage on its western and southern borders. It lays mainly level with approx. 38.4 tillable acres and soil types being Cisne-Huey silt loam and Hoyelton-Darmstadt silt loam. As with Tract 1 excellent farmland.
TRACT 3 80 acres more or less described as the NW Quarter of the SW Quarter and the SE Quarter of the NW Quarter in Section 25, T2N, R1E of the 3rd PM, Marion Co., IL.
This acreage is located approx. 1 miles Southeast of the above described Tract 2 and has road frontage on its western and southern borders. The land lays nearly level with approx. 58.5 tillable acres and the balance being in hardwood timber on the eastern side of the property. It is primarily Bluford silt loam and Wynoose silt loam soil types. Very good farmland along with approx. 20 acres of hardwood timber.
TRACT 4 80 acres more or less described as the East side of the West of the NE Quarter and the West side of the West of the NE Quarter all being in Section 24, T2N, R1E of the 3rd PM, Marion Co., IL
This acreage is located approx. 1 mile north of the above described Tract 3 and has road frontage on its Northern border. It lays nearly level with a slight roll to the southwest corner and has approx. 74.6 tillable acres with the balance being in waterways near the southwest corner. Soil types primarily are a combination of Hoyelton-Darmstadt silt loam and Atlas Grantfork silt loam. A productive tract of farmland that has excellent eye appeal.
TRACT 5 73 acres more or less described as the S. half of the SE Quarter less 5 acres around the home site and less 2 acres in the Southeast corner all being in Section 13, T2N, R1E of the 3rd PM, Marion Co., IL
This tract is located adjacent to and North of Tract 4 and has road frontage on its southern border. The land lays level to slightly rolling with approx. 60.6 tillable acres and the balance being in a wooded area on the eastern side. Farmland on the west side is nearly all level and more generally rolling on the East side. Soil types are Hoyleton-Darmstadt silt loam, Cisne- Huey silt loam, and Atlas-Grantfork silt loam. A combination of productive farmland and wooded areas with excellent lake sites.
TRACT 6 72.5 acres more or less described as the S. part of the W. half of the SW Quarter and the N. part of the W. half of the SW Quarter all in Sec. 18, T2N, R1E of the 3rd PM, Marion Co., IL
This acreage is located adjacent to the above Tract 5 and is the only acreage located in Salem Township. It has road frontage on its southern and western borders and the lay of the land is level to slightly rolling with approx. 61.3 tillable acres with the balance being in a wooded area near the northern side. Soil types are primarily Hoyleton-Darmstadt silt loam and Atlas-Grantfork silt loam. This 72 acre tract is good producing farmland with approx. 12 acres of wooded recreational land.
TRACT 7 A combination of Tracts 4, 5, & 6 being approx. 225.5 acres.
TRACT 8 A combination of the above Tracts 1 through 6 being approx. 435 acres.
TERMS ON THE REAL ESTATE 15 of the selling price placed down day of sale with the balance due in 30 days or before. Sellers to pay the 2009 taxes due and payable in 2010 and the buyer(s) to pay all subsequent taxes that come due. Sellers retain no gas, oil, coal or other minerals bur subject to any prior mineral reservations. Sellers guarantees good and merchantable title. Possession following the 2009 crop harvest. 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.
For more detailed booklets contact the Auction Company.
NO BUYERS PREMIUM
South of Salem, IL on Route 37 to the Salem Fair Grounds located on Route 37.