Hancock County, IL Land Auction – Melton

Friday, September 30, 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

SOLD!

TRACT 1 – $17,900 PER ACRE

TRACT 2 – $5,400 PER ACRE

 

TOTAL – $519,298.00

Location

Hancock County, Illinois

Land is located in section 30, T7N • R6W, Durham Township, & Section 24, T7N • R6W, Dallas City Township, Hancock County, IL.

The farms are located approximately 4 miles southeast of Dallas City, IL or approximately 12 miles north of Carthage, IL.

Seller

Sandra Melton Estate

Emily Rhoades – Executor

Managed By

Dan Sullivan (319) 795-1833

Brandt Henness (309) 224-4276

Tract Information

Tract 1 • 20.00 Taxable Acres±

  • FSA figures indicate 19.5 acres of NHEL cropland, currently in row crop production
  • Productivity Index (PI): 143.5 (Class A)
  • Soil types include Muscatune and Sable
  • East County Rd 2500 borders along the south side
  • Real Estate Tax Information
    • PIN 05-30-000-280 – 20.00 acres - $971.16

 

Tract 2 • 29.87 Taxable Acres±

  • FSA figures indicate 14.12 acres of cropland currently in row crop production
  • The balance of the farm is pasture/hay land and timber with a creek running through it providing excellent hunting and other recreational opportunities.
  • Productivity Index (PI): 124.9
  • Soil types include Rozetta, Muscatune, and Ursa
  • County Highway 94 boarders the east side
  • Real Estate Tax Information
    • PIN 04-24-400-006 – 29.87 acres - $575.46

Method & Terms

Both tracts will be sold individually on a price per acre basis based on the taxable acres. The tracts will not be offered together or in any combinations at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written real estate sales contract with the seller and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until the time of closing. The balance of the purchase price will be due at closing, on or before October 31, 2022. 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 crop tenancy on the cropland acres for 2022 only.

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 any prior advertising either written or oral. The information in our brochure, on our website, and in our advertisements 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 all information to their satisfaction. There are no expressed or implied warranties pertaining to the property and the real estate is being sold “As Is”.

FSA Information

Survey map

Aerial Tour

Plat Map

Aerial Maps

Soil Maps

Tract 1 Subject Photos

Tract 2 Subject Photos

Sandra Melton Estate

Emily Rhoades

 

Representing Attorney:

Kurt Dittmer

Rasmussen & Dittmer, LLC

P.O. Box 509

102 N. Center St., La Harpe, IL 61450

(217) 659-3312

 

Auction Managers:

Dan Sullivan (319) 795-1833

Brandt Henness (309) 224-4276