Fulton County, IL Land Auction – Westerfield

Thursday, February 03, 2022 - 3:00 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!

$7,850 PER ACRE

Location

Fulton County, Illinois

The Westerfield farm is located 1 mile northwest of St. David, IL, or 5 miles southwest of Canton, IL, or 30 miles southwest of Peoria, IL. The property is further described as being located in the Northeast Quarter of the Southwest Quarter of Section 16, T6N-R4E, Buckhart Township, Fulton County, IL.

Seller

Terry L. Westerfield

Managed By

Dan Sullivan (844) 847-2161

John Sullivan (309) 221-6700

General Information

The property contains 40.28 taxable acres, will be sold in 1-tract and represents productive, tillable farmland as well as wooded areas which offer outdoors recreational opportunities and possible home building sites.

tract information

  • FSA maps indicate 29.22 cropland acres
  • Productivity Index (PI): 118 (tillable acres)
  • Balance of the land is wooded which offers wildlife, outdoors recreational opportunities and several nice home building sites
  • County Road 22 (hard surfaced road) borders along the north side
  • The property sells subject to a prior reservation of coal and other minerals underlying the surface of the land and all rights and easements in favor of said mineral estate

Real Estate TAx Information

PIN 14-14-16-300-002 - 40.28 acres - $775.68

Method & Terms

The real estate 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 3, 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. Full possession at closing and the land sells free and clear of crop tenancy for 2022.

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”.

Aerial Tour

Plat Map

Aerial Map

FSA Information

SOIL MAP - tillable area

Photos

Terry L. Westerfield

 

Auction Managers:

Dan Sullivan (844) 847-2161

John Sullivan (309) 221-6700

 

Representing Attorney:

Ron Weber
Froehling, Weber & Schell, LLP
167 West Elm Street | Canton, Illinois 61520 | (309) 647-6317