McLean County, IL Land Auction – Hammitt

Friday, December 02, 2022 - 1:00 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

McLean County, Illinois

The Hammitt farm is located approximately 6 miles west of Colfax, IL, or 9 miles southeast of Lexington, IL. The land is further described as being located in Section 36, T25N-R4E, Lexington Township and Section 31, T25N-R5E, Lawndale Township, McLean County, IL.

Seller

Dale Hammitt Farm Trust
Phyllis Haney, Trustee

Managed By

Kevin Haas (309) 264-7767

General Information

160.37 Surveyed Acres • 1 Tract

The property contains a total of 160.37 surveyed acres and will be sold in 1 tract. The farm represents a combination of productive tillable farmland and timber providing excellent whitetail deer hunting and other outdoor recreational opportunities.

Farmers and outdoor enthusiasts, be sure to check out this McLean County, Illinois property.

Tract Information

  • 160.37 Surveyed Acres
  • FSA map should indicate approximately 120 NHEL cropland acres (split field)
  • Productivity Index (PI): 119
  • Soil types include Lawson, Sawmill, Drummer, Fincastle, Fox, Miami, Plano, Kane, Hennepin, Warsaw, Clare, Brenton, Radford, Elburn, Peotone, Camden, Mayville and Strawn
  • The balance of this tract represents pasture, mature timber and Mackinaw River frontage
  • Excellent whitetail deer hunting and other outdoor recreational opportunities
  • Access by way of a 25’ wide deeded strip from E 2025N Rd (Mackinaw River Rd)

Method & Terms

The real estate will be sold on a price per acre basis, based on 160.37 surveyed acres.

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 13, 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. 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”.

Aerial Tour

SOIL TEST RESULTS

pH - 7.3
P    - 71 #/A
K    - 196 #/A

REAL ESTATE TAX INFORMATION

PIN 09-36-200-015 - 89.99A - $632.00
PIN 10-31-300-010 - 123.98A - $1705.32
Note: This PIN includes acres and buildings that are not included in the auction

Survey

Tile Map

FSA Information

Please Note:  This FSA information includes acres that are not involved in this auction.

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Dale Hammitt Farm Trust

Phyllis Haney, Trustee

 

Representing Attorney:

Tom Jennings | Livingston, Barger, Brandt, & Schroeder, LLP

115 W. Jefferson St., Suite 400 Bloomington, IL 61701 |  (309) 828-5281

tjennings@lbbs.com

 

Auction Manager:

Kevin Haas (309) 264-7767