McDonough County, IL Land Auction – Menn

Menn Calendar 2

Friday, October 28, 2022 - 1:00 pm 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

McDonough County, Illinois

The TJ and Jennifer Menn real estate is located at the west edge of Colmar, IL, along the west side of Highway 61, or 4 miles northeast of Plymouth, IL, or 15 miles southwest of Macomb, IL. The property is further described as being in Section 7, T4R•R4W, Lamoine Township, McDonough County, IL.

Menn Calendar 2

Seller

T.J. & Jennifer Menn

Managed By

Randy Sharpe (217) 357-4993

John Sullivan (309) 221-6700

General Information

51.29 Taxable Acres± • 1 Tract

The farm contains 51.29 taxable acres and is mostly all-tillable cropland with road frontage on 3-sides. Farmers, investors and home builders – be sure to check out this property which offers something for everyone.

tract information

  • 51.29 taxable acres
  • FSA maps indicate 44.2 cropland acres
  • Productivity Index (PI): 114.3 acres
  • Soil types include Keomah, Rosetta, Tice and Hickory
  • Balance of the acres are grass and wooded waterways
  • Highway 61 is located on the east side, St Mary’s Road along the south, and E 50th Street on the west side

Method & Terms

The real estate will be sold on a price per acre basis, based on 51.29 taxable 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 November 28, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current tenancy for the 2022 crop year only. Open tenancy for 2023 and beyond.

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”.

FSA Information

Plat Map

Aerial Map

SOIL MAP

Subject Photos

T.J. & Jennifer Menn - Sellers

 

Representing Attorney: Thomas Hartzell | Tucker, Hartzell & Bryant

608 Wabash Ave  |  Carthage, IL 62321  |  (217) 357-3121

Auction Managers:

Randy Sharpe (217) 357-4993  |  John Sullivan (309) 221-6700