Henderson County, IL Land Auction – Potsick & Gesling

Friday, February 18, 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

SOLD!

TRACT 1 – $7,950 PER ACRE

TOTAL – $514,921.50

Location

Henderson County, Illinois

Seller

Joan C. Potsick

William H. Gesling

Managed By

Dale Jones (309) 299-6400

Joe Sullivan (844) 847-2161

Location & General Information

64.77 Taxable Acres - 1 Tract

The farm is located approx. 2.5 miles south of the Hwy 34/Carman Blacktop Junction and is further described as being located in Section 14, T9N - R6W, Carman Township, Henderson County, IL. The tract represents productive, tillable farmland.

Tract Information

  • FSA records indicate 67.59 acres of NHEL cropland
  • Crop Productivity Index (PI) Rating: 116
  • Soil types include: Wabash, Shaffton, Cresent & Ambraw
  • Sells with cash rent agreement for the 2022 crop year
  • Access is along the west side by the Carman Blacktop

Real Estate Tax Information

PIN 08-14-100-002 - 64.77 acres - $2,659.88

Method & terms

The farm will be sold on a price per acre basis, based on 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 Friday, March 18, 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. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year only - the new buyer will receive 100% of the cash rent income - contact auction company for details.

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 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”.

Aerial Tour

Plat Map

Aerial Map

SOIL MAP

Photos

Joan C. Potsick & William H. Gesling - Sellers

 

Representing Attorney:

Marcum Spears

Spears & Spears

201 W Broadway,

Monmouth, IL 61462

(309) 734-5105

 

Auction Managers:

Dale Jones (309) 299-6400

Joe Sullivan (844) 847-2161