79.3 Taxable Acres± • 1 Tract
Thursday, January 21, 2021 at 11:00 A.M.
SOLD! $9,150 PER ACRE
TOTAL – $725,595.00
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.
LOCATION & GENERAL INFORMATION
The McNutt land is located approximately 6 miles west of Henry, IL, or approximately 20 miles south of Princeton, IL, or 30 miles north of Peoria, IL. The property is further described as being located in the North Half of the Southwest Quarter of Section 10, T13N-R9E, Whitefield Township, Marshall County, IL. Public road CR 1400N is along the north side and CR 950E along the east side.
The farm contains 79.3 taxable acres of which FSA records show 66.65 cropland acres. Additionally, there are 3.2 acres classified as Artificial Wetland and 1.2 acres as Farmed Wetland Pasture. The entire farm has a Soil Productivity Index (PI) of 136.8 (Class A farm) with the predominant soils being Osco, Sawmill, Muscatune, and Caitlin. The farm sells free and clear of tenancy for the 2021 crop year.
The McNutt farm offers productive tillable farmland with Class A soils, as well as man-made wetlands and wildlife areas, which offer enhanced waterfowl habitat. Additionally, the farm has had extensive conservation practices applied over the entire farm. Contact the Marshall County NRCS for additional information.
METHOD & TERMS
The McNutt farm will be sold by the acre on the basis of 79.3 taxable acres.
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. The balance of the bid price will be due at the time of closing on or before Monday, February 22, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, and inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the sellers. The 2021 real estate taxes will be paid by the new buyer.
The farm sells free of tenancy for the 2021 crop year. Possession will be given at the time of closing.
All announcements sale day shall take precedence over any 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, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.
William J. & Melinda Jean McNutt
Ryan J Anderson Law Office
611 Second Street, Henry IL 61537