Brown County, IL Land Auction – Kinsey

Tuesday, December 28, 2021 - 11:30 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

Brown County, Illinois

The Kinsey farm is located in Section 20, Versailles Township, Brown County, Illinois. The farm is further described as being located at the west edge of the small village of Versailles, Illinois and accessed by an easement off of Chestnut Street.

Seller

Christopher R. Kinsey

Managed By

Joe Sullivan (844) 847-2161

General Information

10 Acres± • 1 Tract

Hard to find small property which is nearly 100% tillable. The farm has a Crop Productivity Index (PI) of 119.3 on the tillable portion. The farm also has potential development value. The farm sells with full possession and with full farming rights for the upcoming 2022 crop year!

Tract Information

•          FSA figures should indicate 9.94± acres of NHEL tillable farmland.

•          Soil Productivity Index (PI): 119.3 (tillable acres)

•          Soil types include Fayette & Stronghurst.

•          The farm also has potential development value.

•          Access by way of a 20’ wide easement which extends from the northeast corner of the farm east to Chestnut Street.

Method & Terms

The farm will be sold on a price per acre basis, based on advertised acres.

Immediately following the auction, the successful buyer 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 Monday, January 31, 2022. The seller will provide title insurance in the full amount of the purchase price and the seller will pay the estimated 2021 real estate taxes, due and payable in 2022, as a credit against the sale price based on the latest information available. Possession will be granted once the down payment has been made and the contract signed giving the new buyer the opportunity to do tillage work. The farm is selling free & clear for the upcoming 2022 crop season.

Bidding is NOT subject to the following 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”.

Real Estate Tax Information

PIN 07-059-010-00 - 10 Acres - $306.96

Plat Map

Aerial Map

SOIL MAP • Tillable Acres

Photos

Christopher R. Kinsey - Seller

 

Representing Attorney:

Charles E. McNeely

Charles E. McNeely, P.C.

226 W. State Street

PO Box 970

Jacksonville, Illinois 62651

(217) 245-7148

 

 

Auction Manager: Joe Sullivan