Henderson County, IL Land Auction – Summit Ag Fund II LLP

Wednesday, December 08, 2021 - 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

Henderson County, IL

Land is located in Section 5, T9N•R5W, Stronghurst Township, Henderson County, IL.

43.32± Acres • 1 Tract

Seller

Summit Ag Fund II LLP

Managed By

Michael Sullivan (309) 333-0916

Dale Jones (309) 299-6400

General Information

Land represents nearly 100% tillable farmland with a PI of 132.1. The farm sells free and clear for the 2022 crop year.

Online Bidding

Bidding Now Live – Place Your Bids!

Location & General Information

Land is located in Section 5, T9N•R5W, Stronghurst Township, Henderson County, IL.

Land represents nearly 100% tillable farmland with a PI of 132.1. The farm sells free and clear for the 2022 crop year.

Tract Information

  • FSA figures indicate 43.34 acres of NHEL cropland
  • Productivity Index (PI) Rating: 132.1
  • Predominantly Raddle & Seaton soils
  • Sells free & clear for the 2022 crop year
  • Access is along the west side by Rd 1075E & along the south side by Rd 1150N

Method and Terms

The farm will be sold on a price per acre basis, based on a 2017 survey.

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, January 14, 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 at closing subject to the existing crop tenancy for the 2021 crop year 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 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

Summit Ag Fund II LLP

 

Representing Attorney:

Kurt Dittmer

Rasmussen & Dittmer, LLC

102 N. Center Street

LaHarpe, IL 61450

Ph: 217-659-3312

 

Auction Manager:

Michael Sullivan (309) 333-0916

Dale Jones (309) 299-6400