Coles & Clark County, IL Land Auction – Hill

Monday, December 12, 2022 - 3:00 pm 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

Coles & Clark County, IL

Seller

Nelse Virginia Hill Estate

Managed By

David Smith (217) 841-0821

Michael Sullivan (309) 333-0916

Location & General Information

The Nelse Virginia Hill farm is located approximately 4 miles southwest of Westfield, IL or 13 miles southeast of Charleston, IL. The property is further described as being located in Section 7, T11N-R11E, Hutton Township, Coles County, IL and Section 7, T11N-R14W, Parker Township, Clark County, IL. The farm contains a total of 194 Acres (subject to survey), will be sold in 1 tract and represents productive tillable cropland.

Tract Information

194 Acres± • 1 Tract

  • FSA maps indicate 189.84 NHEL cropland acres which includes 1.73 CRP acres with an annual payment of $622 expiring 9-30-2030 and 5.75 CRP acres with an annual payment of $2,090 expiring 9-30-2029
  • Productivity Index (PI): 125.5
  • Soil types include Brooklyn, Shiloh, Drummer, Cisne, Bluford, Millbrook, Brenton and Senachwine
  • Access along the west from N Co Rd 2420 E

Real Estate Tax Information

  • Clark Co. PIN 12-06-07-00-100-001 - 119 acres - $3,758.32
  • Coles Co. PIN 05-0-01842-000 - 77.24 acres - $4,047.44 (includes buildings and approximately 2.346 acres that are not included in the auction)

 

Method & Terms

The real estate will be sold on a price per acre basis, based on a soon to be completed survey.

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 January 11, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current tenancy for the 2022 crop year only, if any. Open tenancy for 2023 and beyond.

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”.

Plat Map

Aerial Map

Soil Map

Photos

Nelse Virginia Hill Estate - Seller

 

Representing Attorney:

Cara Shoaff

Shoaff Law, LLC

PO Box 250 | 11 E Main Street, Casey, IL 65420

(217) 609-0111

 

Auction Managers:

David Smith (217) 841-0821

Michael Sullivan (309) 333-0916