Randolph County Illinois Land for Sale at Auction Welge Farm

Bidding Ends Tuesday, February 24th at 10 AM These 63.80 highly productive acres are conveniently located 13 miles from Ste. Genevieve, MO and 17 miles from Chester, IL. The Welge farm is 100% tillable with soils consisting mostly of Haynie silt loam and Fults silty clay with an overall Productivity Index of 117. The farmland is being sold with a tenant farmer in place for the 2026 crop season. The farm agreement is a 1/3-2/3 shared agreement. This means, the new Buyer(s) will agree to pay 1/3 of the cost associated with the crop and will receive 1/3 of the crop at harvest. Also, with the proximity to the Mississippi River and surrounded by cropland, there is a good possibility of goose hunting. Its for sure in the flyway! The Welge farm is an easy drive from Chesterfield, MO (approximately 85 miles), 18 miles from Perryville, MO, and under one hour from Cape Girardeau, MO. If youre looking to invest in income-producing farmland, the Welge farm is a good place to start. Tracts of farmland this size, 100% tillable, and highly productive soils rarely come to market. Be sure to check this one out! The chances of this farm being offered again in your lifetime are slim to none. For more information call or text Jason Wallingford (314) 882-6971. Auction Terms & Conditions 1. Procedure: Bidding ends Tuesday, February 24, 2026, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. 2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price. 3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Wednesday, February 25, 2026 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 5. BIDDING: Once submitted, a bid cannot be retracted. 6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, March 26, 2026. 7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title. 10. REAL ESTATE TAXES: The 2025 Real Estate taxes to be paid for by the Seller. The 2026 Real Estate taxes to be paid by the Buyer(s). 11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.