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  • STARTNov 5th - 4:00pm

  • VENUEAmerican Legion

Moultrie County, IL Land Auction

SOLD! TRACT 1 – $8,300.00 PER ACRE

SOLD! TRACT 2 – $7,500.00 PER ACRE

TOTAL – $1,203,522.00

 

147.5 Surveyed Acres • 2 Tracts

MONDAY, NOVEMBER 5, 2018 AT 4:00 P.M. CST

Auction Venue: The American Legion, 8 E Strain St, Sullivan, IL 61951

LOCATION & GENERAL INFORMATION

The Nelson farm is located in Section 13, T15N•R4E, Dora Township, Moultrie County, IL.

Land is further described as being located approximately 5 miles northwest of Lovington, IL; approximately 7 miles northeast of Dalton City, IL; or approximately 16 miles northwest of Sullivan, IL.

Both tracts represent “Class A” productive tillable farmland!

 

TRACT INFORMATION

Tract 1 – 121.59 SURVEYED ACRES

  • FSA figures indicate 123.64 acres of NHEL cropland, currently in row crop production
  • PI Rating: 140.7
  • Productive soil types include Flanagan & Drummer-Milford
  • Access is along the east side by CR 600E and along the north side by IL Rt. 32

 

Tract 2 – 25.91 SURVEYED ACRES

  • FSA figures indicate 25.58 acres tillable
  • PI Rating: 140.5
  • Productive soil types include Flanagan & Drummer-Milford
  • Access on the northeast corner, at the intersection of CR 600E and CR 2400N.

 

METHOD & TERMS

Both tracts have recently been surveyed & will sell on a price per acre basis, based on said survey. Both tracts will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) either or both tracts for their high bid. Auctioning will continue until both tracts have been sold. The tracts will NOT be offered in their entirety or in any combination 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 Wednesday, December 5, 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 will be paid by the seller. The 2019 and all subsequent real estate taxes 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. The farm sells free & clear for 2019!

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”.

 

PHOTOS

 

PLAT MAP

 

AERIAL MAP

 

SOIL MAPS

 

SURVEY MAP

 

BETTY JEAN NELSON ESTATE

JOE NELSON – EXECUTOR

 

Representing Attorney:

Steven W Mayberry • Bolen, Robinson, & Ellis LLP

200 W Harrison St • Sullivan IL

(217) 728-7369

 

Auction Manager:

Kevin Haas (309) 264-7767

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Details

Date:
November 5
Time:
4:00 pm - 11:55 pm
Categories:
,

Venue

American Legion
8 E Strain Street, Sullivan, IL, 61951, United States.