Sold! $5,000.00 Per Acre
80 ACRES± • 1 TRACT
MONDAY, NOVEMBER 6, 2017 • 1:00 P.M.
Auction to be held at Sullivan Auction Site, US Hwy 136 East, Hamilton, IL.
Location and General Information
The Webb farm is located approx. 5 miles southeast of Carthage, IL and is further described as being in Section 34, T5N – R6W, Carthage Township, Hancock County, IL. This tract of land represents tillable cropland with access along the north & south sides of the farm.
- 80 Acres
- FSA figures should indicate 79.9 acres of cropland currently in row crop production
- PI Rating: 114.6
- Productive soils to include Clarksdale, Fishhook, Coffeen, Assumption & Greenbush
- Estimated Real Estate Taxes: $1,031.46
- Access is along the north side by ECR 1250 & the south side by ECR 1200
Method and Terms
The Mary K. Webb Trust farm will be sold in one individual tract and on a price per acre basis, based on 80 acres.
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 6, 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 2017.
All announcements made on 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”.
Mary K. Webb Trust
Michael Turner • Asst. Vice President & Farm Manager
Gail Nunnery • Vice President & Trust Officer
AUCTION MANAGER: MICHAEL SULLIVAN (309) 333-0916
William B. Bates, Jr. (“Blinn”)
Woods & Bates • Attorneys at Law
306 Clinton Street • Lincoln, IL 62656
Phone (217) 735-1234