Henderson & Hancock County, IL Land Auction

Tuesday, November 21 at 10:00 am

Henderson & Hancock County, IL

Land Auction

579.8 Acres - 8 Tracts

Tuesday, November 21, 2023 at 10:00 AM

Auction to be held at the Clubhouse in LaHarpe, IL as an in-person auction with live internet bidding available.

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SOLD

AUCTION RESULTS

Tract	Surveyed Acres	Price Per Acre	Total
Tract 1	29.76	$ 16,000.00	$ 476,160.00
Tract 2	93.31	$ 13,750.00	$ 1,283,012.50
Tract 3	80.26	$ 15,500.00	$ 1,244,030.00
Tract 4	166.40	$ 9,000.00	$ 1,497,600.00
Tract 5	0.91		$ 51,000.00
Tract 6	83.62	$ 13,750.00	$ 1,149,775.00
Tract 7	41.52	$ 16,400.00	$ 680,928.00
Tract 8	84.02	$ 8,000.00	$ 672,160.00
		Auction Total	$ 7,054,665.50

LOCATION & GENERAL INFORMATION - The Neff Estate land is situated in Section 20 of Terre Haute Township and Section 20 of Raritan Township in Henderson County, IL and in Sections 4, 8 & 17 of LaHarpe Township, Hancock County, IL. Tracts 1 & 2 are located 1/2 mile west of Terre Haute, IL. Tract 3 is located 2 miles west and 1 1/2 miles south of Raritan, IL, or 8 miles north of Blandinsville, IL. Tracts 4 & 5 are located 3 miles north of LaHarpe, IL on Highway 94. Tracts 6, 7 & 8 are located 1 mile north and 1/2 mile west of LaHarpe, IL.

TRACT 1 - 29.76 surveyed acres.

- Part of the SW corner of the SE1/4, Section 20, T8N, R5W.

- FSA figures indicate 28.7 NHEL acres tillable.

- Muscatine, Osco & Rozetta soils. PI 136.6

- Access on south side by Road 200N.

TRACT 2 - 93.31 surveyed acres.

- W1/2 of SW1/4 and part of SW corner of E1/2 of SW1/4, Section 20, T8N. R5W

- FSA figures indicate 90 NHEL acres of cropland and 2.76 acres of grass.

- Muscatine, Osco & Stronghurst soils. PI 139.1

- Access on south side by Road 200N

TRACT 3 - 80.26 surveyed acres.

- E1/2 of the SE1/4 of Section 20, T8N, R4W

- FSA figures indicate 78.81 acres (40.13 NHEL & 38.68 HEL) tillable.

- Muscatine and Osco soils. PI 140

- Access on south by Road 200N, north Road 250N & east Road 1700E

TRACT 4 - 166.4 surveyed acres.

- NW1/4 except 1 acre in SW corner & part of NW corner of SW1/4, Section 4, T7N, R5W

- FSA figures indicate 130.61 acres (126.05 NHEL & 4.56 HEL) tillable.

- Balance is timber and wooded draws

- Greenbush, Rozetta, Muscatine & Elco-Ursa. PI 125.7

- Access on west by IL Highway 94 and north by Road 3000N

TRACT 5 - 0.91 surveyed acres.

- Located 3 miles north of LaHarpe, IL along Highway 94 adjacent to Tract 4

- Brock 12,000 bu grain bin with fan and stairs

- Brock 5,000 bu grain bin with fan

- (3) 5,000 bu grain bins with fans

- 18' x 21' metal Porta Garage with overhead door on concrete

TRACT 6 - 83.62 surveyed acres.

- E1/2 of SW1/4 of Section 8, T7N, R5W

- FSA figures indicate 69.94 acres (61.12 NHEL & 8.82 HEL) tillable.

- Balance is waterways and building area.

- Muscatine, Greenbush, Sable & Rozetta soils. PI 136.5

- 68' x 104' open-sided machine shed with Raynor 24' door with opener.

Note - This building was damaged by the June windstorm. Buyer will receive the insurance payment.

- 46' x 40' open-front cattle shed with cattle drinks inside & outside.

- This tract is serviced by Dallas Rural Water.

- Access by Road 2800N on south side.

TRACT 7 - 41.52 surveyed acres.

- SW1/4 of the SW1/4 of Section 8, T7N, R5W

- FSA figures indicate 40.73 NHEL acres tillable.

- Rozetta, Greenbush, Muscatine & Atterberry soils. PI 127.7

- Access by Road 2800N on south side.

TRACT 8 - 84.02 surveyed acres.

- E1/2 of the NW1/4 of Section 17, T7N, R5W

- FSA figures indicate 62.35 acres (39.9 NHEL & 22.45 HEL) tillable.

- Balance is waterways and bin site.

- Sawmill, Lawson, Orion, Greenbush & small amounts of other soils. PI 122.3

- (2) 12,000 bu grain bins. One has dryer and stairs

- This tract is serviced by Dallas Rural Water.

- Access by Road 2800N on north side

METHOD & TERMS OF SALE - All tracts except 5 will be sold on a price per acre basis. Tract 5 will be sold for a total dollar amount. Tracts 1 & 2 will be sold Buyer's Choice, giving the successful bidder the option of taking either or both tracts. Tracts 3-8 will be sold in the order listed with each sale being final. Ten percent of the purchase prices to be paid on the day of sale with the balance due at closing on or before December 21, 2023. Title Insurance in the full amount of the purchase price will be provided by the Sellers. The 2023 real estate taxes which will be due in 2024 to be paid by the Sellers. Full possession including 2024 farming rights will be given at time of closing, with the exception of Tract 5 which will be reserved until the grain has been removed. Buyer of Tract 6 will receive by credit at closing, the insurance payment on the wind damage to the machine shed. Immediately following the auction, the successful bidders will be required to enter into a written agreement with the Sellers. A copy of said contract may be examined prior to the auction by contacting attorney for the Estate, Michael Neff, 309-924-1211. All announcements made at the auction shall supersede any prior advertising.