Douglas County, IL Land Auction – Rund

Monday, September 19, 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!

$18,000 PER ACRE

 

TOTAL – $720,000.00

Location

Douglas County, Illinois

Seller

Douglas Rund

Managed By

David Smith (217) 841-0821

Location & General Information

The Rund farm is located approx. 3.5 miles south of Newman, IL or approx. 3 miles northwest of Brocton, IL.  The farm is further described as being located in Section 20, T15N - R14W, Sargent Township, Douglas County, IL.  The farm represents productive, Class A, tillable farmland which sells free & clear for the 2023 crop year!

Tract Information

40 Taxable Acres± • 1 Tract

  • FSA figures should indicate this tract is over 100% tillable with all NHEL cropland
  • Productivity Index Rating (PI): 139.2 (Class A)
  • Class A soil types include Drummer, Raub & Harpster
  • Sells free & clear for the 2023 crop year!
  • Access is along the east side by N County Road 2560E

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 Wednesday, October 19, 2022. The 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 cash rent lease for the 2022 crop year only. The farm sells free & clear for the 2023 crop year.

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

Douglas Rund - Seller

 

Representing Attorney:

Angela Vandeventer

17 Park Drive, Villa Grove, IL 61956

(217) 840-8219

 

Auction Manager: David Smith (217) 841-0821