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  • STARTApr 5th - 10:00am

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Hancock County, Illinois Land Auction

Monday, April 5, 2021 at 10:00 A.M.

82.91 Surveyed Acres • 3 Tracts

SOLD! TRACT 1 – $13,600 PER ACRE
SOLD! TRACT 2 – $4,200 PER ACRE
SOLD! TRACT 3 – $31,000 LUMP SUM

TOTAL – $899,186.00

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 Martha L Anderson Estate farm contains 82.91 surveyed acres and will be sold in 3 tracts. The farm is located at the southeast edge of Carthage, IL. From the intersection of Highways 336 and 136 at the east edge of Carthage, take County Road 2050N south ½ mile to the farm (Just south of Memorial Hospital). The land is further described as being located in the West Half of the Northeast Quarter of Section 29, T5N-R6W, Carthage Township, Hancock County, IL.

Tract 1 is nearly all tillable cropland with productive Class A soils, Tract 2 is all wooded which offers excellent hunting and outdoors recreational opportunities as well as several home building sites, and Tract 3 is a ranch style home on 1 acre.

 

Aerial Tour

Tract Information

Tract 1 • 55.78 Surveyed Acres

• FSA figures should indicate 57.3 56.26 cropland acres

• Soil Productivity Index (PI): 135.6 (Class A)

• Soil types include: Timewell, Ipava and Virden

• Tract 1 lays level to gently rolling

• Access: North County Road 2050 runs along the west side

• Sells free and clear for the 2021 crop season

 

Tract 2 • 26.09 Surveyed Acres

• This tract is all wooded

• Excellent recreational tract with whitetail deer, wild turkey and other small game abundant

• Several nice home building sites

• Access: North County Road 2050 is located in the northwest corner of Tract 2

 

Tract 3 • 1.04 Surveyed Acres

• Improved with a 1-story ranch style home built in 2004

• 12 rooms, 3-baths, vinyl siding, asphalt shingled roof, full basement with poured concrete walls

• Home was built and used only as a cat sanctuary – cat excrement and odor is throughout the structure

• Also improved with a 2-story, 24’ x 30’ detached garage

• Concrete floor, open loft, vinyl siding and asphalt shingled roof

• Access: North County Road 2050 runs along the west side

• Please note: Due to the interior condition and odor, we will not be conducting an open house; however, anyone that would like to view the property may do so by contacting the auction company.

 

Method and Terms

Tracts 1 & 2 will be sold on a price per acre basis, based on the final surveyed acres. Tract 3 will sell for a lump sum total dollar amount. Each sale will be final and the farm will not be offered in its entirety 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 a non refundable ten percent (10%) down payment. The balance of the bid price will be due at closing, on or before Wednesday, May 5, 2021. Please note, buyers who wish to get started with spring tillage and planting can do so after signing the purchase agreement, paying their 10% down payment and providing proof of liability insurance. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection. The sellers will provide title insurance in the full amount of the purchase price. Seller will pay the 2020 real estate taxes, due and payable in 2021 and the new buyer will pay the 2021 and all subsequent real estate taxes. The property sells free of crop and hunting tenancy for 2021 and full 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”.

 

SURVEY

 

FSA INFORMATION

PLAT MAP

AERIAL MAPS

SOIL MAP – TRACT 1

PHOTOS

MARTHA L. ANDERSON ESTATE

Marine Bank & Trust, Executor

410 Buchanan Street

Carthage, IL 62321

 

Representing Attorney:

Eric G. Icenogle

Capps, Ancelet, Icenogle & Wallace

55 S. Adams Street

Carthage, IL 62321

 

Auction Manager: John Sullivan (844) 847-2161

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Details

Date:
April 5
Time:
10:00 am - 11:55 pm
Categories:
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