Marshall County, IL Land Auction – Clark

Wednesday, October 05, 2022 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Marshall County, Illinois

Land is located in Section 12, T29N•1E, Bennington Township, Marshall County, IL.

Seller

Nancy Clark Trust Farm
Known locally as the Ames Farm

Managed By

Kevin Haas (309) 264-7767
Dan Sullivan (319) 795-1833

General Information

176.65 Surveyed Acres • 2 Tracts

Inspection

Tuesday, September 20th • 3:00 PM – 5:00 PM

Location & General Information

The Nancy Clark Trust Farm, known locally as the Ames Farm, is located just west of Rutland, IL, or 4 miles east of Toluca, IL, or 4 miles south of Wenona, IL (18 miles southwest of Streator, IL) in Section 12, T29N-1E, Bennington Township, Marshall County, Illinois.

The property contains a total of 176.65 surveyed acres and will be sold in 2-tracts. Tract 1 contains 172.51 surveyed acres and is all-tillable with productive soils. Tract 2 contains 4.14 surveyed acres and is improved with a 2-story country home with 4-bedrooms, several farm outbuildings and a pond.

Farmers, investors and home buyers, be sure to check out the Clark Trust properties which are ideally located in Marshall County, IL.

Tract Information

TRACT 1 - PRODUCTIVE CROPLAND

  • 172.51 surveyed acres
  • FSA maps indicate 173.15 NHEL cropland acres
  • Productivity Index (PI): 129.3 (some Class A soils)
  • Soil types include Rutland, Streator and Wenona
  • There is a strip of land on the west side of I-39 which is included with Tract 1
  • St Rt 251 (E 6th St) borders along the east side, County Rd 400 N along the south side and I-39 borders on the west (no access)

TRACT 2 - COUNTRY HOME AND ACREAGE

  • 4.14 surveyed acres
  • Improved with an older 2-story country home with approximately 1700 square feet and features 4-bedrooms, 1.5-bath, alum. siding/asphalt roof, natural gas service and central air
  • Also improved with a detached 2-car garage, a 52’ x 82’ metal storage building, a barn, shed, and a pond 
  • Country home ideally located west of Rutland, south of Wenona and east of Toluca, IL
  • St Rt 251 (E 6th St)  borders along the east side 
  • The appliances, furniture, and other personal items in the house are not included in the auction and will be removed before closing.
  • The farm machinery, 1000 gal fuel tank, air compressor, tools, and other farm support items are not included in the auction and will be removed before closing.

Method & Terms

Tract 1 will be offered first and sold on a price per acre basis, based on a soon to be completed surveyed acres. We will then offer Tract 2 for a lump sum or total dollar amount.  The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before November 7, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Possession on Tract 1 will be given at the time of closing, subject to a crop lease for the 2022 crop year only (free of tenancy for 2023 and beyond). Possession on Tract 2 will be given at the time of closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

Aerial Tour

Survey

FSA INFORMATION

REAL ESTATE TAX INFORMATION

Tract 1 PIN 14-12-200-002 - 33.13 Acres - $1,184.60
Tract 2 PIN 14-12-400-001 - 142.59 Acres - $8,259.60

Plat Map

Aerial Map

Tract 1 • SOIL MAP

Subject Photos

Nancy Clark Trust Farm
Known locally as the Ames Farm

 

Representing Attorney: Marci M. Shoff, Esq.

Hasselberg, Rock, Bell & Kuppler LLP
4600 N. Brandywine Drive, Suite 200
Peoria, IL 61614
(309) 688-9400

 

Auction Managers:

Kevin Haas (309) 264-7767
Dan Sullivan (319) 795-1833