Hancock County, IL Land Auction – Jefferson

Wednesday, December 14, 2022 - 10:00 am 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

Hancock County, Illinois

Seller

Marion Elizabeth Jefferson Trust
Irvin Jefferson Estate

Managed By

Michael Sullivan (309) 333-0916

Randy Sharpe (217) 357-4993

General Information

352.27 Acres± • 5 Tracts

Location & General Information

The Jefferson farms are located between Carthage, IL & Plymouth, IL near the small village of St. Mary. These tracts are further described as being located in Section 3, T4N - R5W, St. Mary Township &. Sections 34 & 35, T5N - R5W, Hancock Township, all in Hancock County, IL.  Tracts 1 & 2 represent productive, Class A tillable farmland.  Tract 3 represents productive, tillable farmland with a nice pond.  Tracts 4 & 5 represent tremendous recreational tracts with incoming producing tillable acres & outstanding hunting opportunities.

Tract Information

TRACT 1 • 117.73 TAXABLE ACRES

  • FSA figures indicate 121.11 acres of NHEL cropland
  • Productivity Index (PI): 139.3 (Class A)
  • Productive soil types include Ipava, Virden, Osco & Buckhart
  • Some field tile
  • Access is along the south side by E County Rd 1100 & along the east side by N County Rd 2900

TRACT 2 • 41.59 SURVEYED ACRES

  • FSA figures indicate 37.24 acres of NHEL cropland
  • Productivity Index (PI): 135.6 (Class A)
  • Productive soil types include Ipava, Virden & Clarksdale
  • Pattern tiled
  • Access is along the west side by N County Rd 2900 & along the south side by E Count Rd 1200

TRACT 3 • 80 TAXABLE ACRES

  • FSA figures indicate 60.65 acres of NHEL cropland currently in row crop production.
  • An additional 8.92 acres of cropland were enrolled in CRP (west side of the farm) and have expired as of 9/30/2022.
  • Productivity Index (PI): 123.9
  • Soil types include Timewell, Rubio, Clarksdale, Rozetta, Fishhook & Keomah
  • Approx. 50 acres of tile
  • The balance of this farm represents some timber draws and 2 ponds (one nice size pond on the east side).  
  • This piece offers whitetail deer and other wildlife hunting
  • Access is along the east side by N County Rd 2900

TRACT 4 • 27.89 TAXABLE ACRES

  • FSA figures indicate 13.65 acres are currently in hay production
  • Productivity Index (PI): 103.1
  • This tract represents rolling hay ground as well as excellent whitetail deer & other wildlife habitat
  • There are also potential building sites with rural water available
  • Access is along the northwest side by E County Rd 1260

TRACT 5 • 85.06 SURVEYED ACRES

  • FSA figures indicate 20.02 acres of cropland
  • Productivity Index (PI): 118.4
  • The balance of the farm represents excellent whitetail deer & other wildlife habitat with timber & draws and a creek meandering through the property
  • There is a camping site improved with a cabin.  This site has been well manicured & looks like a park.  There are also trails throughout the tract offering access to all parts of the farm.  
  • This would make a great potential building site with rural water & electricity available. 
  • Access is along the west side by N County Rd 2900

Method & Terms

All 5 tracts will be sold on a price per acre basis and will be sold in numerical order. The tracts will NOT be offered together or in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Tuesday, January 17, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Possession will be given at the time of closing, subject to a farm tenancy for the 2023 crop year. Contact auction managers for details. There are no hunting leases associated with the property.

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”.

Marion Elizabeth Jefferson Trust
Irvin Jefferson Estate

 

Representing Attorney:

Eric G. Icenogle | Capps, Ancelet, Icenogle & Wallace

55 S. Adams St., Carthage, IL 62321 | (217) 357-2107

 

Auction Managers:

Michael Sullivan (309) 333-0916

Randy Sharpe (217) 357-4993