Hancock County, IL Land Auction

Tuesday, November 24 at 10:00 am

586.23 Acres • 7 Tracts

Tuesday, November 24, 2020 • 10:00 AM

Auction to be held at the "Golden Windmill" in Golden, Illinois.

SOLD

Tract 1 - $12,000.00 per ac.

Tract 2 - $11,000.00 per ac.

Tract 3 - $8,900.00 per ac.

Tract 4 - $6,900.00 per ac.

Tract 5 - $8,900.00 per ac.

Tract 6 - $3,000.00 per ac.

Tract 7 - $61,000.00

COVID INFORMATION - If State regulations require changes in the use of this facility, notice will be posted on our website. Seating will be arranged for social distancing. Masks will be required to enter the building and provided if needed. Anyone who is uncomfortable attending, may contact Mike Sullivan prior to sale day to arrange for phone bidding. Thank you.

LOCATION & GENERAL INFORMATION - All tracts are located within a distance of 1 ½ miles, between the east edge of Augusta, IL and the Schuyler County line, along Highway 101. This is a unique opportunity to purchase some Class A, West Central Illinois, farmland as well as a sizeable amount of very nice improved pasture and cattle feeding setups. The acres listed are actual surveyed acres.

TRACT 1 - 105.52 acres of level, tillable farm ground with Ipava, Virden and Timewell soils and a Productivity Index of 136. This top producing tract of land is situated in the N1/2 of Section 23 of Augusta Township and borders Highway 101 on the south, Road 300N on the north and Magill Street on the west. It is unimproved.

TRACT 2 - 88.41 acres of level, tillable farm ground with Timewell, Clarksdale, Virden and Ipava soils and a Productivity Index of 134. It's situated in the N1/2 of the NE1/4 of Section 24 of Augusta Township. Road 3050E borders the west end. It is unimproved.

TRACT 3 - 75.06 acres of level to gently rolling farm ground with 73 acres tillable. The soil types include Timewell, Clarksdale and Ipava with a Productivity Index of 132. It is part of the S1/2 of the NE1/4 of Section 24 of Augusta, Township. Highway 101 borders part of the south side, Road 3050E on the west end, and tract 2 on the north. It is unimproved.

TRACT 4 - 83.55 acres being level to rolling with FSA figures indicating 78 acres tillable, although currently there are 10 acres of grass hay ground with a short wooded draw. The productivity Index on what's being farmed is 123. This tract is in the S1/2 of Sections 23 and 24 of Augusta Township. Highway 101 borders the north end and the east side borders tract 6. It is unimproved.

TRACT 5 - 48.94 acres of level to gently rolling farm ground with 44 acres tillable and containing mostly Timewell, Ipava, Clarksdale and Greenbush soils with a Productivity Index of 131. This tract is situated in the SE1/4 of Section 24 of Augusta Township. Highway 101 borders the north end with Road 3080E on the east and Tract 6 bordering the west and south. It is unimproved.

TRACT 6 - 179.32 acres with approximately 32 acres tillable containing Ipava, Clarksdale, Osco, Keller and Greenbush soil, with a Productivity Index of 126. The balance of the farm is mostly open, rolling, improved pasture. It's improved with a 20'x70' concrete stave silo, a 30'x142' open front livestock building with 88' concrete bunk line feeder, an older barn and a 26'x84' open front building. This is a very nice livestock farm with a good pond and most of it being well fenced. There is an ingress-egress easement along the west end between the boundary line and the pasture fence, for the benefit of the landowner to the south. This tract is situated in the S1/2 of Section 24 of Augusta Township, and between tracts 4 and 5, with Highway 101 on the north side.

TRACT 7 - 5.43 acres located along the north side of Highway 101 with tract 3 bordering the other 3 sides. It's improved with a 20'x60' concrete stave silo, a 273' concrete bunk line feeder, a large gambrel roof barn, and a 26'x40' livestock shed. It is in the SE1/4 of the NE1/4 of Section 24 of Augusta Township.

METHOD AND TERMS OF SALE - Tracts 1-6 will be sold on a price per acre basis, based on the above listed surveyed acres. Tract 7 will be sold for a total dollar amount. Each tract will be sold separately and will not be combined. Tracts 2 and 3 will be sold "Buyer's Choice" with the successful bidder having the opportunity of taking either or both tracts. Ten percent of the bid price to be paid immediately following the auction, at which time Buyers shall enter into a written contract with the Sellers. The balance of the purchase price is due within 30 day and upon delivery of a Warranty Deed. Title Insurance will be provided by the Sellers. The 2020 real estate taxes, due and payable in 2021, will be paid by Sellers, by way of credit from Seller to Buyer, at time of closing, based on the last ascertainable taxes. To examine the purchase contract prior to sale day, contact Larry Kwacala, attorney for Sellers, 309-837-5000. All tracts sell subject to the current tenants rights through February 28, 2021.

All announcements made at the auction shall supersede any prior advertising.