Auction to be held at Sullivan & Son Auction and Events Center, 8 miles south of Carthage, IL on 336 Expressway.
SOLD
TRACT 1 @ $2,200.00 Per Acre TRACT 2 @ $150,000.00 TRACT 3 @ $5,200.00 Per Acre
GENERAL INFORMATION
Selling 95.31 acre farm located 4 miles east of Augusta, IL on Highway 101 to Road 250E, then 3/4 mile north in Birmingham Township, Schuyler County, IL. This farm will be sold in 3 individual tracts with each sale being final and with no combinations. Possession of tracts 1 & 2 will be given at closing. Tract 3 sells subject to a farming lease for the 2015 crop year with the current tenant releasing the land to the successful buyer upon removal of the corn crop. Tract 1 sells with complete and immediate hunting rights.
Tract 1 - 71.96 surveyed acres. There are approximately 25 acres tillable with 16.8 acres currently enrolled in CRP and CREP. The balance of this tract is timber with excellent deer and turkey hunting. Access to this property is from the south adjoining the west side of Tract 2 and from the east adjoining the north side of Tract 3.
Tract 2 - 7.15 surveyed acres improved with a very nice 3 bedroom single story home, a 96’x56’ machine shed and a beautiful nearly 2 acre lake. It is serviced by ABS Water, Adams Electric, has LP Gas Furnace and Central Air. This property is well located on good blacktop road a short distance from Highway 101. It borders Tract 1 on the north and west and Tract 3 on the east. Open House - Sunday, August 9th from 11am-1pm
Tract 3 - 16.20 surveyed acres which is all level to gently rolling tillable farmland with Keomah, Timewell and Clarksdale soils. Access is along blacktop road on south and east sides.
Prospective buyers have permission to walk over and inspect these tracts at their convenience. If unable to attend the Open House on Tract 2, please contact Auction Company for a personal showing.
METHOD & TERMS OF SALE
Tracts 1 & 3 will be sold on a price per acre basis with the survey which will be completed prior to the auction designating the exact acres. Tract 2 will be sold for a total dollar amount. The tracts will be sold individually as listed and not in combination. Ten percent of the bid price to be paid on day of sale with the balance due on or before October 22, 2015. Title Insurance in the full amount of the purchase price will be provided by the seller. The 2015 real estate taxes due and payable in 2016 will be paid by the seller on Tracts 1 & 3. The taxes on Tract 2 will be prorated to the date of closing and will be based on the latest available information. Immediately following the sale of all 3 tracts, the successful buyers shall enter into a written purchase agreement with the seller. A copy of said contract may be inspect prior to the auction by contacting Attorney for Seller, Charles A. Burton, 217-322-4303. All announcements made at the auction shall supersede any prior advertising.
