SULLIVAN & SON AUCTION AND EVENTS CENTER, 8 MILES SOUTH OF CARTHAGE, IL ON 336 EXPRESSWAY.
SOLD
Tract 1: 82.57 acres @ $13,500.00 per acre
Tract 2: 41.15 acres @ $12,000.00 per acre
Tract 3: 41.00 acres @ $5,300.00 per acre
TOTAL: $1,825,795.00
LOCATION & GENERAL INFORMATION
All 3 tracts are located 5 miles west of Bowen, IL or from Carthage, IL, take IL 336 Expressway south 12 miles to Road 250N, then 1 mile west to tracts 1 & 2. Tract 3 is located 1 mile north of tract 1 on Road 1800E.
TRACT 1 - 82.57 surveyed acres being the West Half of the Southwest Quarter of Section 24, St. Albans Township, Hancock County, IL. This level, all tillable parcel contains mostly high producing Virden, Ipava and Timewell soils. Road 250N borders the north and 1800E borders the West. This is an excellent tract of land.
TRACT 2 - 41.15 surveyed acres being the West Half of the East Half of the Southwest Quarter Of Section 24, St. Albans Township, Hancock County, IL. The north half of this tract is all level Ipava And Virden soils with the South half being gently rolling with Ipava, Clarksdale and Atlas soils. This tract borders the east side of tract 1 and Road 250N on the north.
TRACT 3 - 41 surveyed acres, being the Northeast Quarter of the Southeast Quarter of Section 14, St. Albans Township, Hancock County, IL. It is located 1/2 mile east of West Point, IL to Road 1800E, then 1/2 mile south or 1 mile north of tract 1. FSA figures indicate 33 acres tillable with soils types to include Lawson, Hickory, Fishhook and Atlas. There is a pond on this tract.
IMMEDIATE POSSESSION FOR 2015 FARMING SEASON
METHOD & TERMS OF SALE
All three tracts will be sold on a price per acre basis and will be sold in the order they are listed. Ten percent of the bid price to be paid on day of sale with the balance due on or before April 25, 2015. Title Insurance in the full amount of the purchase price will be provided by Sellers. The 2014 real estate taxes due in 2015 will be paid by the Sellers with the 2015 and subsequent taxes being the responsibility of the Buyers. Immediately following the auction, the successful Buyers shall be required to enter into a written agreement with the Sellers. A copy of said contract may be inspected prior to the auction by contacting the Attorney for Sellers, Albert Ancelet, 217-357-2107. All 3 tracts sell free of any farm leases and upon payment of the ten percent escrow money the Buyers have permission, if weather permits, to enter onto the farms for the purpose of field work.
PROSPECTIVE BUYERS HAVE PERMISSION TO DRIVE OVER AND INSPECT THESE PROPERTIES.
ANY ANNOUNCEMENTS MADE AT THE SALE SHALL SUPERSEDE ANY PRIOR ADVERTISING.
