AUCTION TO BE HELD AT SULLIVAN & SON AUCTION AND EVENTS CENTER, 8 MILES SOUTH OF CARTHAGE, IL ON 336 EXPRESSWAY.
SOLD
Tract 1: 95.70 acres @ $12,250.00 per acre
Tract 2: 39.62 acres @ $5,100.00 per acre
Tract 3: $40,000.00
TOTAL $1,414,387.00
LOCATION & GENERAL INFORMATION
The Wood real estate is located 1/2 mile west of LaHarpe, IL to the LaHarpe - Fountain Green Blacktop, then 5 miles south to Roads 2150N-2650E, then 1 mile west. Tract 1 is situated in the South Half of the Northeast Quarter of Section 18 and Tracts 2 & 3 are situated in the Northwest Quarter of the Southeast Quarter of Section 18, all in Fountain Green Township, Hancock County, IL. Tracts 1 & 2 are being sold subject to a farm lease for the 2015 crop year with the cash rent payment of $225.00 per tillable acre and $1,650.00 yearly payment for the pasture and machine shed on Tract 2, to be paid to the successful Buyers.
TRACT 1 - 95.70 surveyed acres. 100% Ipava soils. This good level, all tillable tract of land represents some of West Central Illinois’ best producing farmland.
TRACT 2 - 39.62 surveyed acres. This tract of land has 10 acres of good producing tillable farmland with the balance being mostly open pasture. Improvements include a pole and metal type enclosed machine shed and 9,000 bu. grain bin. Dallas Rural Water is on this property and available for hook up.
TRACT 3 - 1.08 surveyed acres improved with a 11/2 story home. Features include 2 bedrooms up and 1 bedroom down, a full bath up and down, basement, newer LP gas furnace, central air and serviced by Dallas Rural Water. It is a very nice, smaller country home. This home is currently occupied and therefore interested parties will need to be sure to attend the Open House on Sunday, December 28th from 11am - 1pm. This property sells with an easement to the machine shed on Tract 2.
OPEN HOUSE
SUNDAY, DECEMBER 28TH • 11AM-1PM
METHOD & TERMS OF SALE
Tracts 1 & 2 will be sold on a price per acre basis with Tract 3 selling for a total dollar amount. Ten percent of the bid price to be paid on day of sale with the balance due on or before February 16, 2015. Title Insurance in the full amount of the purchase price will be provided by the Seller. Possession of Tracts 1 & 2 will be given at time of closing subject to a farm lease for the 2015 crop year. The 2015 cash rent will be given to the Buyers of Tracts 1 & 2. The 2015 real estate taxes due and payable in 2016 are to be paid by the Buyers. The exact date of closing on Tract 3 will be announced on sale day as the current tenants will be given sufficient time to relocate. Immediately following the auction, the successful Buyers shall be required to enter into a written contract with the Seller. Said contract may be inspected prior to the auction by contacting Thomas F. Hartzell, Attorney for Seller, 217-357-3121. All announcements made at the auction shall supersede any prior advertising.
