Woodford County, IL Land Auction – Mersch

Tuesday, August 02, 2022 - 4:00 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

SOLD!

$9,650 PER ACRE

 

TOTAL – $805,755.70

Location

Woodford County, Illinois

83.498 Surveyed Acres • 1 Tract

Seller

Martin R. T. Mersch

Managed By

Kevin Haas (309) 264-7767

General Information

Land is located in Section 27, T27N•R3W, Worth Township, Woodford County, IL.

Survey

FSA Information

Location & General Information

The Martin R. T. Mersch farm real estate is located approximately 1 mile southeast of Germantown Hills, IL , or 3 miles southwest of Metamora, IL, or 4 miles north of Washington, IL (Approximately 10 miles northeast of Peoria, IL). The property is further described as being in the West Half of the Southeast Quarter of Section 27, T27N-R3W, Worth Township, Woodford County, IL.

This ideally located farm contains a total of 83.498 surveyed acres and will be sold in 1-tract. The property is approximately half tillable farmland and half wooded land which offers excellent outdoor recreational opportunities as well as some excellent home building sites.

Farmers, investors, hunters and home builders, be sure to check out this extremely well located property which offers something for everyone.

Tract Information

  • 83.498 surveyed acres
  • FSA maps indicate 37.90 NHEL cropland acres
  • Productivity Index (PI): 114 (tillable acres)
  • Soil types include Rozetta and Keomah
  • Balance of the acres is mature timber with some marketable trees
  • There is an older house and set of farm buildings located in the northeast corner
  • This property has it all - income producing tillable acres, excellent outdoor recreational/hunting opportunities, and home building sites
  • Road access in the northeast corner off N. Nofsinger Road

Method & terms

The real estate will be sold on a price per acre basis, based on 83.498 surveyed 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 September 2, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Seller will pay all the 2022 real estate taxes as a credit at closing. Possession will be given at the time of closing subject to an existing cash rent farm lease for 2022. The farm sells with an open lease for the 2023 crop year.

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”.

REAL ESTATE TAX INFORMATION

PIN 08-27-400-001 - 80.0 acres - $1,679.56

Aerial Tour

Plat Map

Aerial Map

SOIL MAP

Photos

Martin R. T. Mersch

 

Representing Attorney:

Christian Carini

Attorney at law

5357 W. Devon Ave

Chicago IL 60646

(773) 775-6000

 

 

Auction Manager:

Kevin Haas (309) 264-7767