Online Only at Ranchandfarmauctions.com

Auction Date: 6.25.24 Auction Time: Bidding ends at 4:00 PM CT

Auction Venue Location: Online only

Open House Dates and Times: Call agent for showings

Entire Farm Description:

Calling all investors, hunters and nature enthusiasts! Here's your chance to secure a 238.17 +/- acre tract of land, offered in one parcel. This property boasts a thick and dense understory, creating a prime habitat for a diverse range of wildlife. With an abundance of deer and turkey sign, this could truly be a hunter's paradise. The large lake creates natural pinch points and travel corridors for those elusive whitetail bucks.

Adding to its appeal, the tract features a thriving 3-acre lake, fully stocked with fish, and an additional 1-acre pond to act as an additional water source, providing endless recreational opportunities for fishing and relaxation.

What sets this property apart is its unique potential for future development. The majority of the tract is permitted as Reclamation Status by the IDNR, presenting a potential investment opportunity, while simultaneously providing recreational enjoyment. Approximately 26 acres remain unaffected by mining activities and are free from IDNR regulations, offering flexibility for various uses. See map section, blue is unaffected. Unlike other government programs such as WRP or CREP, there are no restrictions on this tract as far as making improvements such as food plots, trail systems or being built on.

A key aspect of the reclamation plan involves the large 70-acre lake on the farm, which will undergo transformation. While this lake currently has unsuitable pH levels for aquatic life, the reclamation process could potentially increase the value of the tract significantly.

Furthermore, with road frontage on three sides, accessing remote stand locations is a breeze, ensuring convenience and accessibility for outdoor enthusiasts.

Don't miss out on this rare chance to own a piece of nature with investment potential. Join us at the auction and seize the opportunity to make this exceptional property yours!

Please reach out to the Land Specialist for any additional information about the property, reclamation or any other questions you may have.
 

Details:

Taxes: $8054.18

Lease Status: Open Tenancy

Possession: Immediate possession

Survey needed?: No survey needed

Brief Legal: 238.17+/-acres S25 T7S R3E in Franklin County

PIDs: 1225100001,1225200017,1225300002,1225300001

Lat/Lon: 37.8887, -88.8296

Zip Code: 62896

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

1 fully stocked 3-acre lake

Additional 1-acre pond

Abundance of deer and turkey sign

Internal road system

Silos in the areal have been removed

Multiple access points

Road frontage on 3 sides

Very diverse habitat

Please visit the auctioneers website for more photos and full Terms and Conditions.