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  • STARTJun 17th - 1:00pm

  • VENUE

Hancock County, Illinois Land Auction

Thursday, June 17, 2021 at 1:00 P.M.

OPEN HOUSE: Saturday, June 5th • 10:00 A.M. – 12:00 Noon

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


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145.76 Acres± • 3 Tracts

Location & General Information

The Donald and Norma Whewell Estate farm contains 145.76 taxable and surveyed acres and will be sold in 3-tracts. The farm is ideally located at the east edge of Carthage, IL along Highway 336. The property is further described as being located in Northeast Quarter of Section 20, T5N-R6W, Carthage Township, Hancock County, IL. Tract 1 represents nearly all-tillable, productive Class A farmland. Tract 2 is a small parcel with productive soils and potential for commercial development. Tract 3 consists of an attractive country home with farm outbuildings and situated on approximately 3 acres. Farmers, investors and country homebuyers – be sure to check out this property.

 

Tract Information

Tract 1 • 134.06 Taxable Acres

  • FSA information should indicate 132.10 cropland acres
  • Soil Productivity Index (PI): 138.7 on tillable acres
  • Productive soil types include: Ipava and Virden
  • This tract has a considerable amount of field tile (maps are unavailable at this time)
  • Highway 336 borders this tract to the north and County Road 2050N on the west & County Road 1450E on the south
  • Farmers and investors – be sure to check out this outstanding, nearly all-tillable “Class A” farm

Tract 2 • 8.7 Taxable Acres

  • FSA information should indicate 6.27 cropland acres
  • Soil Productivity Index (PI): 135.6 on tillable acres
  • Productive soil types include: Ipava and Virden
  • Tract 2 has a cell phone tower with an annual income of $7,557
  • Highway 336 runs along the south side, Old Highway 136 along the north and County Road 2050N on the west side
  • Investors – be sure to check out this attractive income producing property which offers further commercial development potential

Tract 3 • 3 Surveyed Acres

  • Improved with an older, 1-½ story country home which features: – 10 rooms with 3-bedrooms and 2-baths – Central AC, newer LP gas forced air heat – Rural public water – Pine tree windbreak
  • Other improvements include a 60’ x 74’ Morton machine shed, 30’ x 60’ Quonset building, and several other older farm outbuildings
  • Public road access off Highway 336
  • Country home buyers – be sure to check out this hard to find property

 

Method and Terms

Tracts 1 and 2 will sell by the acre on a price per acre basis and Tract 3 will sell for a lump sum, total dollar amount. Each tract will be offered individually and will NOT be combined 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 as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Monday, July 19, 2021. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2020 real estate taxes, due and payable in 2021. The farm sells subject to a one-year cash rent crop tenancy. The buyer will receive half of the 2021 cash rent income (contact auction company for details) and pay half of the 2021 real estate taxes, payable in 2022. Possession will be given at the time of closing.

All announcements sale day take precedence over 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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

 

PLAT MAP

AERIAL MAP

SOIL MAPS

TRACT 1 PHOTOS

TRACT 2 PHOTOS

TRACT 3 PHOTOS

Donald & Norma Whewell Estates

Representing Attorney:
Albert Ancelet
Capps, Ancelet, Icenogle & Wallace
55 S. Adams Street
Carthage, IL 62321
(217) 357-2107

 

Auction Managers:

Randy Sharpe (217) 357-4993

John Sullivan (309) 221-6700

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Details

Date:
June 17
Time:
1:00 pm - 11:55 pm
Categories: