Woodford County, IL Land Auction – Wiegand

Friday, December 02, 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

Location

Woodford County, Illinois

The Wiegand farm is located approximately 5 miles southwest of Eureka, IL, or 12 miles northeast of Morton, IL. The land is further described as being located in Section 22, T26N-R2W, Cruger Township, Woodford County, IL.

Seller

Robert & Helen Wiegand Farm

Managed By

Kevin Haas (309) 264-7767

General Information

40 Taxable Acres± • 1 Tract

The property contains a total of 40 taxable acres, will be sold in 1 tract, and represents highly productive Class A farmland.

Farmers and investors, be sure to check out this Class A farm in Woodford County, Illinois.

Tract Information

  • 40. 0 taxable acres
  • FSA map indicates 39.77 NHEL cropland acres
  • Productivity Index (PI): 141.6 (Class A)
  • Soil types include Buckhart, Ipava and Sable
  • Well located in the SW corner supplying water to the City of Eureka with a perpetual lease
  • Access along the south side from CR 700N (Guth Rd)

Method & Terms

The real estate will be sold on a price per acre basis, based on 40 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 December 27, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current tenancy for the 2022 crop year only. Open tenancy for 2023 and beyond.

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

REAL ESTATE TAX INFORMATION

PIN 13-22-300-002 - 40.0A - $2025.48

Well Easement Agreement Information

Note:  The most recent well easement agreement payment was $258.75/yr.

FSA Information

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Robert & Helen Wiegand Farm

 

Representing Attorney:

James Stoller  |  Stoller Law Office

15 W Front Street, El Paso, IL 61738  | ( 309) 527-4300

 

Auction Manager:

Kevin Haas (309) 264-7767