128.91 Acres± (2 Tracts)
Saturday, November 3, 2018 at 1:00 P.M.
Sale to be held at the Eagles Club, Hwy. 94 North (519 North Madison St.), Carthage, IL 62321
LOCATION & GENERAL INFORMATION
The Moormann farm is located west of St. Mary along the Colmar to Bentley blacktop or approximately 7 mi. NW of Plymouth, IL or 10 mi. SE of Carthage, IL (25 mi. SW of Macomb, IL; 40 mi. NE of Quincy, IL) and the farm is further described as being located in Sections 8 & 17, St. Mary Township, Hancock County, IL.
The farm represents productive tillable farmland!
Tract 1 • 103.91 Acres±
• 93.92 acres tillable.
• Crop Productivity Index (PI) is 136.6 (Class A).
• Predominant soils: Ipava & Virden.
• Balance of the acres are pasture & woods and an older home (hasn’t been occupied in many years) and a barn.
• County Hwy. 6 runs along the south side of this tract (Colmar to Bentley road).
Tract 2 • 25 Acres±
• 19.18 acres tillable.
• Crop Productivity Index (PI) is 104.6.
• Predominant soils: Rozetta & Fishhook.
• Balance of the acres is wooded draws & grass waterways.
• County Hwy. 6 runs along the north side of this tract (Colmar to Bentley road).
METHOD & TERMS
Land will be sold on a price per acre basis. Tract 1 will sell first based on 103.91 acres, then Tract 2 will sell based on 25 acres. Each sale will be final.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before December 3, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes, due and payable in 2019, will be paid by the seller. The 2019 & all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells subject to the crop current tenancy for the 2018 crop year. The farm sells free & clear for the 2019 crop year. There are no hunting leases associated with the property.
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”.
L. Alvin and Rosella Moormann Estate
Amanda Quesenberry, Aaron Quesenberry, Joyce VanBrooker, Jennifer VanBrooker & Nicole Sager – Sellers
Capps Ancelet Rasmussen & Icenogle
55 South Adams Street
P.O. Box 250
Carthage, IL 62321