Macon County, IL Land Auction – The Curators of the University of Missouri

Monday, February 14, 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!

TRACT 1 – $15,600 PER ACRE

 

TOTAL – $1,201,200.00

Location

Macon County, Illinois

77± Taxable Acres • 1 Tract

Seller

The Curators of the University of Missouri

Managed By

Kevin Haas (309) 264-7767

General Information

Land is located in Section 4, T16N•R1W, Niantic Township, Macon County, IL.

Real Estate Tax Information

PIN 13-10-04-300-005 - 76.998 acres - $3647.46

Soil Tests

Soil test results

pH - 6.1

P   - 57#/A

K   - 434 #/A

 

Yield History

Year     Corn     Beans

2014    260.9

2015    203.7

2016                   71.9

2017    231.4

2018                   67.5

2019    228.2

2020    211.9

2021                   74.0

 

 

FSA Information

Location & General Information

The Curators of the University of Missouri farm real estate is located approximately 3-miles west of Niantic, IL, or 12-miles west of Decatur, IL. The property is further described as being located in the North Half of the Southwest Quarter of Section 4, T16N-R1W, Niantic Township, Macon County, IL.

The farm contains a total of 77 taxable acres, will be sold in 1-tract and is nearly all-tillable, Class A farmland. Farmers and investors, be sure to check out this Macon County, IL investment quality farm.

Tract Information

  • 77 taxable acres
  • FSA maps indicate 70.85 cropland acres
  • Soils Productivity Index (PI): 139.2 (Class A)
  • Soil types include Ipava, Tama and Sable
  • The remaining acres is a small patch of woods and grass waterways
  • The Macon County Line Road borders along the west side

Method and Terms

The farm will be sold on a price per acre basis, based on the 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 March 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 and the farm sells free and clear of tenancy for the upcoming 2022 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 all 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”.

Plat Map

Aerial Map

SOIL MAP

Photos

The Curators of the University of Missouri

 

Representing Attorney:

Patrick T. Fitzgerald

Meyer Capel

306 W Church St.

Champaign IL 61820

217-352-1800

 

Auction Manager:

Kevin Haas (309) 264-7767

Aerial Tour