TRACT 1: 138+- Acres

Tract Description

TRACT 1: 138+- acres TRACT 1 PROPERTY DESCRIPTION: 138 +/- acres of productive Marion County tillable farm ground consisting of primarily Irwin Silty Clay Loam, Class III soils.  This tract is an excellent opportunity to add quality cropland to an existing farming operation or add to your portfolio as a strong investment opportunity.  2025 REAL ESTATE TAXES: $4,959.24 (both tracts total) LAND LOCATION FROM PEABODY: North of HWY 50 4 miles on Nighthawk Rd to 110th St., 1/2 mile west. EARNEST MONEY: Tract 1 – $50,000 TERMS: This will be a live auction on-site at the property with online bidding simulcast available. We will be selling Tract 1 your bid times 138 to arrive at the contract price. Tract 2 will be selling total dollars. There will not be a buyer premium on either Tract. Earnest money is specified above for each tract and due at the conclusion of the auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before December 10, 2026. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways, rights of way, and Seller approval. The successful high bidder will be required to sign our real estate purchase contract and be purchasing the property subject to the title search report. This property is not selling subject to financing, inspections or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. Fence lines, boundaries, and acreages are not guaranteed. All pertinent information is available upon request.