Hancock County, IL Land Auction
Thursday, March 28 at 10:00 am
Hancock County, IL Land Auction
232.85 Acres - (4 Tracts) & City Lots
Thursday, March 28, 2024 at 10:00 AM
Auction to be held at the "Eagles Club" 519 N Madison, Carthage, IL.
This will be an in-person auction with live on-line bidding available through Proxibid with no Buyer Premium.
Register at least 24 hours prior to the auction to be guaranteed acceptance on the bidding platform.
SOLD
AUCTION RESULTS
Tract |
Acres |
Price Per Ac. |
Total |
Tract 1 |
33 |
$ 9,650.00 |
$ 318,450.00 |
Tract 2 |
40 |
$ 5,800.00 |
$ 232,000.00 |
Tract 3 |
106.25 |
$ 7,900.00 |
$ 839,375.00 |
Tract 4 |
53.6 |
$ 4,900.00 |
$ 262,640.00 |
Tract 5 |
|
|
$ 7,750.00 |
Tract 6 |
|
|
$ 4,300.00 |
Tract 7 |
|
|
$ 1,200.00 |
|
|
Auction Total |
$ 1,665,715.00 |
LOCATION & GENERAL INFORMATION - Selling 232.85 acres formerly known as the Gary Rampley farm located 4 miles south of Carthage, IL on IL 336 Expressway to Road 1000N (Bentley Blacktop), then 3 miles east to Road 2300E, then 1 1/2 miles south to Tracts 1 & 2. For Tracts 3 & 4 turn south at 1000N - 2200E, then 1 1/4 mile south to Road 880N and 1/4 mile east. These tracts are situated in Sections 22 & 23 of Harmony Township, Hancock County, IL. Potential buyers have permission to inspect these tracts with the use of an ATV. If ground conditions are wet or farming has begun use the grass easement or stay off.
TRACT 1 - 33 acres located in the Southwest Quarter of the Northwest Quarter of Section 23 of Harmony Township. It is all tillable with mostly Keomah and Clarksdale soils and a 118 PI. Access is by Road 2300E along part of the west side.
TRACT 2 - 40 acres located in the Southeast Quarter of the Northeast Quarter of Section 22 of Harmony Township. There are approximately 26 acres tillable with Rozetta, Atlas & Clarksdale soils and a 95 PI. The balance of this tract is wooded with good hunting. Access is by Road 2300E along the East side.
TRACT 3 - 106.25 surveyed acres more or less located in part of the Northeast Quarter, Northwest Quarter and Southwest Quarter of Section 22 of Harmony Township. There are approximately 77 acres tillable with Ipava, Clarksdale and Keomah soils and 122 PI. The balance of this tract which borders tract 2 is wooded. Access is by Road 880N on the west side of the north boundary. There is an ingress - egress easement along part of the north side.
TRACT 4 - 53.60 surveyed acres located in the North Half of Section 22. It is nearly all rolling timber land with excellent deer, turkey and small game hunting. There are a few small open areas suitable for food plots. Access is by Road 880N and a 30' easement through tract 3. It also has an ingress - egress easement along the south boundary for the benefit of a neighboring property.
ALSO SELLING - 3 parcels of real estate located in Denver, IL. Parcel 1 is located south across the street from McDonough Power Coop (Ferrall Gas) and contains 1.2 acres. It is unimproved. Parcel 2 is located on the corner of Road 650N (Denver Blacktop) & Seybold Street. It has a concrete block building which is in deteriorating condition. DO NOT enter this building. Parcel 3 is located on the corner of Seybold & North Streets. It has an older building which is also in deteriorating condition. DO NOT enter this building. For more information on these properties contact the auctioneer.
TERMS & CONDITIONS OF SALE - Tracts 1 - 4 will be sold on a price per acre basis. They will be sold "Buyer's Choice". The Denver, IL properties will each be sold for a total dollar amount. Ten percent of the bid price will be paid as a down payment at the conclusion of the auction with the balance due on or before April 29, 2024. Possession will be given at time of closing with Tracts 1, 2 & 3 selling subject to a farm lease on the tillable acres through the 2024 crop year. The Buyers will receive the cash rent payment. The Purchasers of Tract 4 and the City lots will receive full possession at time of closing. All tracts are being sold subject to any existing easements including ingress - egress and water line easements. Title insurance will be provided by the Sellers. The 2023 real estate taxes due in 2024 will be paid by the Sellers with the Buyers being responsible for the 2024 and all subsequent taxes. Immediately following the auction the Buyers will be required to enter into a written purchase agreement with the Sellers. A copy of said contract may be inspected prior to the auction by contacting Mariah Wallace 217-357-2107, attorney for Sellers.
ALL ANNOUNCEMENTS MADE AT THE AUCTION SHALL SUPERSEDE ANY PRIOR ADVERTISING.
McKenzie Doremus & Amy Cook, Owners
ATTORNEY FOR SELLERS - MARIAH WALLACE
Capps, Ancelet, Icenogle & Wallace • 55 S. Adams, Carthage, IL • 217-357-2107