Sold! $10,600 Per Acre
Monday, November 27, 2017 at 10:00 A.M.
Sale to be held at the Mt. Sterling Community Center YMCA, 896 IL 99 850 E. St., Mt. Sterling, IL 62353
81.04 Surveyed Acres • 1 Tract
Location and General Information
The Worthington farm is located approximately 3 miles northwest of Mt. Sterling, Illinois or 1 mile east of the small town of Timewell, Illinois. From Hwy. 24 east of Timewell and west of Mt. Sterling go north 1 mile on 350E Street, then east on Co. Rd. 1200 N a short distance to the farm. The farm is further described as being located in the E 1/2 of the NE 1/4 of Section 3 of Lee Township, Brown County, Illinois. The farm contains 81.04 Surveyed Acres with 73.5 crop acres according to FSA. Soil types include Class A Virden & Ipava (82%) with a Crop Productivity Index on the entire tillable acres of 134.6. The balance of the acres are in waterways. The Worthington Farm was pattern tiled in 1996 by C&L Tiling with 3″ tile on 40′ centers – farmable conservation terraces were also constructed. Make plans to check out this highly productive Brown County, Illinois farm, with “Class A Soils”.
Method & Terms
The Worthington family farm will be sold in one individual tract and on a price per acre basis. A professional survey has recently been completed. The new surveyed acres will be used to calculate the final settlement price.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller, and pay 10% of the bid price down as earnest money with the balance due at the time of closing on or before Wednesday, December 27, 2017. Title insurance in the full amount of the final purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller. Possession will be given at the time of closing subject only to the current farm tenancy for the 2017 crop year. The farm sells with full 2018 farming rights.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
Trust Estate of Glenn & Evalyn Worthington
Theresa Geisler – Trustee
Edward B. Tucker
116 South Capitol Avenue
Mt. Sterling, IL 62353
Ph: (217) 773-3356