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  • STARTAug 20th - 10:00am

  • VENUEAllin Twp Community Bldg

McLean County, IL Land Auction

SOLD! TRACT 1 – $9,350.00 PER ACRE

SOLD! TRACT 2 – $9,600.00 PER ACRE

SOLD! TRACT 3 – $8,000.00 PER ACRE

TOTAL – $1,820,685.50

204.47 Surveyed Acres • 3 Tracts

Monday, August 20, 2018 at 10:00 A.M.

Auction Venue: Allin Township Community Building, 203 N. Blackstone St., Stanford, IL 61774

Land is located just South of Stanford, IL, in Section 32, T23N•R1W, Allin Township, McLean County, Illinois. (Stanford, IL is located approximately 15 miles southwest of Bloomington, IL.)

 

The average yield of the last 2 years for corn has been 235 bu/acre and soybeans has been 71.5 bu/acre.

 

TRACT INFORMATION

Tract 1 – 24.65 Surveyed Acres

  • FSA figures indicate 23.57 acres of NHEL cropland currently in row crop production
  • PI Rating: 137.1
  • Productive soil types include Sable, Ipava, Birkbeck & Osco
  • Road access along the north side by E 850 N Road & along the east side by Co. Rd. 150 E

 

Tract 2 – 94.78 Surveyed Acres

  • FSA figures indicate 88.91 acres of NHEL cropland currently in row crop production
  • PI Rating: 132.4
  • Productive soil types include Sable, Ipava, Catlin, Normal, Dana, Russell, Camden, Sawmill & Kaneville
  • There are an additional 5 acres of timber in the northeast corner
  • Road access along the west side by Co. Rd. 150 E

 

Tract 3 – 85.04 Surveyed Acres

  • FSA figures indicate 62.88 acres of NHEL cropland currently in row crop production
  • PI Rating: 129.5
  • Productive soil types include Sawmill, Miami, Lawson, Plano, Osco & Ipava
  • The parcel also offers pasture, timber & several nice building sites
  • There is also an older corn crib located on this tract
  • Road access along the west side by Co. Rd. 150 E

 

METHOD & TERMS

All 3 tracts have recently been surveyed & will sell on a price per acre basis. All 3 tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all tracts for their high bid. Auctioning will continue until all 3 tracts have been sold. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.

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 Monday, October 8, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2017 and 2018 real estate taxes will be paid by the seller. The 2019 Real Estate taxes and all subsequent years will be paid by the new buyer. Possession will be given at the time of closing subject to a crop tenancy for the 2018 crop year only. 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”.

 

PLAT MAP

 

AERIAL MAP

 

SOIL MAPS

 

PLAT OF SURVEY

PHOTOS

 

Witham Family Farm

Christopher Witham & Pamela Hubbell

 

Representing Attorney:

A. Clay Cox

Cox & Associates, LLC

202 N. Center

Bloomington, IL 61701

309-828-7331

claycox@coxandassoc.com

 

Auction Manager: 

Kevin Haas (309) 264-7767

kevin@sullivanauctioneers.com

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Details

Date:
August 20
Time:
10:00 am - 12:00 pm
Categories:
,

Venue

Allin Twp Community Bldg
203 N Blackstone, Stanford, IL, 61774, United States.
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