73 Acres± • 1 Tract
Monday, June 1, 2020 at 10:00 A.M.
VIRTUAL ONLINE ONLY AUCTION – NO ONSITE BIDDING!
IMPORTANT UPDATE! PLEASE READ
- This auction will be an ONLINE ONLY bidding platform event – No onsite bidding.
- Individuals wishing to bid must register with ProxiBid.
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Location & General Information
The Hutson farm is located approx. 1 mile east of Niota, IL and is further described as being located in Section 12, T7N – R8W, Appanoose Township, Hancock County, IL.
The farm represents tillable cropland & is improved with an older home & a few outbuildings. The farm sells with a farm tenant for the 2020 crop year.
- FSA figures indicate 67.15 acres of NHEL cropland currently in row crop production
- PI Rating: 110.7
- Soil types include Titus, Sarpy, Landis & Tice
- The farm is improved with an older home & a few outbuildings
- Sells with a tenant for the 2020 crop year, contact auction manager for details.
- Access is along the east side by N County Rd 1250
Method & Terms
The Hutson farm will be sold on a price per acre basis, based on 73 taxable acres. The farm will not be surveyed.
Immediately following the auction, the successful buyer 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, July 1, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject to the current tenant for the 2020 crop year.
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”.
Auction Manager: Michael Sullivan (309) 333-0916
Ruth Hutson Estate
Ron Hutson & Dennis Hutson
Albert V. Ancelet
Capps, Ancelet, Icenogle & Wallace
55 S. Adams St., Carthage, IL 62321