Hancock County, Illinois Land Auction

Friday, August 20, 2021 - 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

SOLD!

$16,000 PER ACRE

Location

Hancock County, Illinois

The farm is located 1 mile north of Ferris, IL or 6 miles northwest of Carthage, IL, and is further described as being located in the Southeast Quarter of Section 22, T6N-R7W, Rock Creek Township, Hancock County, IL.

Seller

Mapes Family Trust

Managed By

Randy Sharpe (217) 357-4993

John Sullivan (309) 221-6700

General Information

126.65 Surveyed Acres – 1 Tract

Outstanding “Class A” West Central Illinois farm. Farmers and investors, be sure to check out this excellent, nearly all tillable farm, Class A farm.

Tract Information

  • 126.65 surveyed acres
  • FSA figures indicate 123.33 NHEL cropland acres
  • Soil Productivity Index (PI): 138.4 (Class A)
  • Soil types include: Ipava and Virden
  • Some field drainage tile (Contact auction rep for details)
  • E County Road 2000 borders the farm on the south side and N County Road 1700 on the east side
  • Farmers and investors, be sure to check out this excellent, nearly all tillable farm, Class A farm.

Method & Terms

The Mapes Family Trust farm will be sold by the acre based on 126.65 surveyed acres.

Immediately following the auction, the successful bidder 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 the closing. The balance of the purchase price will be due at closing which will be on or before October 1, 2021. The seller will pay the 2021 real estate taxes, due in 2022, and will retain all interest in the growing crop. Title insurance in the full amount of the purchase price will be provided by the seller. Full possession will be given at the time of closing subject only to the current farm tenancy.

Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, website, etc, 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”.

Plat Map

Aerial Map

SOIL MAP

fsa information

Manure Easement

Photos

Mapes Family Trust - Seller

 

Representing Attorney:

Bruce Biagini

Flack, McRaven & Stephens

32 West Side Courthouse Square

PO Box 359

Macomb, IL 61455-2219

(309) 837-5000

 

Auction Managers:

Randy Sharpe (217) 357-4993

John Sullivan (309) 221-6700