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  • STARTJun 22nd - 1:00pm

  • VENUEONLINE ONLY

Hancock County, IL Land Auction

78 Acres± (Subject to Survey) – 3 Tracts

Monday, June 22, 2020 at 1:00 P.M.

Auction to be conducted as a virtual, online only auction.  No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161.  Thank you.


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Location & General Information

The Geissler farm is located approx. 2 miles south of Elvaston, IL and is further described as being located in Section 6, T4N – R7W, Bear Creek Township, Hancock County, IL. The tracts represent tillable cropland and also timber & recreational land which offers excellent hunting. All tracts sell with a farm tenant for the 2020 crop year only.

 

Tract Information

Tract 1 – 40 Acres (Subject to Survey)

• FSA figures indicate 26.85 acres of cropland currently in row crop production.

• Additionally, there are 1.59 acres of CRP enrolled in 2 different contracts.  Both contracts expire 9-30-2021.  Total annual payment for both contracts is $214.15.

• PI Rating: 112.1

• Soil types include: Clarksdale, Timewell, Rozetta, Fishhook-Atlas & Keller

• The balance of the farm represents timber & draws which are ideal for whitetail deer & other wildlife habitat.

• Access is along the west side by NCR 1300

 

Tract 2 – 13 Acres (Subject to Survey)

• FSA figures indicate this tract is nearly all tillable

• PI Rating: 113.1

• Soil types include Clarksdale, Fishhook-Atlas & Keller

• Access is along the west side by NCR 1300

 

Tract 3 – 25 Acres (Subject to Survey)

• FSA figures indicate 15.42 acres of cropland currently in row crop production.

• Additionally, there are .26 acres enrolled in CRP through 9-30-2021.  The total annual payment is $36.28.

• PI Rating: 111.1

• Soil types include Rozetta, Clarksdale & Fishhook

• The balance of the farm represents timber & draws which are ideal for whitetail deer & other wildlife habitat.

• Nice sized combination tract that also overlooks a beautiful lake to the west.

• Access at the southwest corner by way of a 30′ ingress/egress easement down a well graveled lane extending from NCR 1300

 

 

Method and Terms

The Geissler farm is currently being surveyed. All 3 tracts will sell on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect, in any order, any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 3 tracts have been purchased. The tracts will NOT be offered in their entirety or in any combinations 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, July 22, 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 real estate taxes will be split between the buyer and the seller. The farm sells with a tenant for the 2020 crop year only. The buyer(s) will receive a portion of the cash rent payment – contact auction co. for details. Possession will be given at the time of closing, subject to the current tenant for the 2020 crop year. There are no hunting leases associated with the property.

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”.

 

PLAT MAP

 

AERIAL MAP

 

SOIL MAPS

 

PHOTOS

 

Additional information coming soon!

 

William & Teresa Geissler – Sellers

 

Auction Manager: Michael Sullivan (309) 333-0916

 

Representing Attorney:

Thomas F. Hartzell

Hartzell, Tucker & Bryant

608 Wabash Ave., Carthage IL 62321

(217) 357-3121

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Details

Date:
June 22
Time:
1:00 pm - 11:55 pm
Categories:
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