Kathleen Wolfe Heirs
Thursday, February 23 at 5:30 pm
KATHLEEN WOLFE HEIRS
Thursday, February 23, 2017 • 5:30 PM
AUCTION TO BE HELD AT SULLIVAN & SON AUCTION CENTER,
8 MILES SOUTH OF CARTHAGE, IL ON 336 EXPRESSWAY
FARMERS, CONTRACTORS & INVESTORS
CHECK OUT THESE PROPERTIES!
SOLD
TRACT 1: 19.09 acres @ $9,200.00/ac = $175,628.00
TRACT 2: 4.14 acres Lump Sum= $49,000.00
TRACT 3: $10,000.00
TRACT 4: $4,000.00
TOTAL............................................$238,628.00
LOCATION & GENERAL INFORMATION
TRACT 1 – 19.09 surveyed acres subject to survey located at the southeast edge of Carthage, IL at the east end of Augusta Road. County Road 1980E borders much of the west side and a small portion of the east side borders road 2000E (old Hwy 94). Approximately 6 acres on the north end lie within the Carthage, IL city limits. This land is level to gently rolling and is all tillable with excellent producing Class A Ipava soils. The great location of this property alone offers unlimited opportunities.
TRACT 2 – 4.14 surveyed acres located along Road 2000E (old Hwy 94) at the south edge of Carthage, IL. Tract 1 borders the north and west sides of tract 2. This parcel of real estate has a lease agreement with Ameren CIPS with an annual rent payment which goes to the new owner. This lease includes the communications tower which is on the property and the approximately 2 acre graveled pole yard. There are 2½ acres currently being farmed. Contact the Auction Co. or Seller’s Attorney for details.
TRACT 3 – This parcel of real estate located at the 821 Locust in Carthage, IL is improved with a 1½-story 2-unit apartment house. The main floor unit is heated by a natural gas, forced air furnace and the second floor unit is heated by an in-wall furnace and a room heater. Contact Auction Co. for viewing.
TRACT 4 – This is a vacant city lot located at 621 Locust St. Carthage, IL.
TERMS OF SALE - Each tract will be offered individually in the order listed. Ten percent of the bid price is to be paid on the day of sale with the balance due on or before March 23, 2017. Possession will be given at closing subject to a farm lease on the tillable acres of tracts 1 and 2. The Buyers of these 2 tracts will receive the cash rent payment of $220.00 per tillable acre. Title insurance will be furnished by the Seller. The 2017 real estate taxes due in 2018 to be the responsibility of the Buyers of tracts 1 and 2 and will be prorated to the date of closing on tracts 3 and 4. Immediately following the auction the Buyers of each tract will be required to enter into a purchase agreement with the Seller. A copy of said contract may be inspected prior to the auction by contacting Attorney for Seller, Stanley L. Tucker at 217-357-3121. All announcements made at the auction supersede prior advertising.
KATHLEEN WOLFE HEIRS
ATTORNEY FOR SELLER – STANLEY L. TUCKER
Hartzell, Tucker & Hartzell, 608 Wabash, Carthage, IL 62321• 217-357-3121
