Auction Information
HANCOCK COUNTY, IL LAND AUCTION FOLEY
The Foley farm is located approx. 2 miles west of Plymouth, IL along the Denver-Plymouth blacktop and is further described as being located in Section 3, T3N - R5W, Augusta Township, Hancock County, IL. The tracts represent productive tillable farmland, improved pastureland, timber, potential building sites & a country home!
Tract 1 - 176 Acres (Subject to Survey)
FSA figures indicate this tract to be nearly 100% NHEL cropland acres
Productivity Index (PI): 129.7
Productive soil types include Timewell, Ipava, Atlas, Virden, Clarksdale, Osco, Rozetta, Hickory & others
Access is along the north by County Road 2820E & along the west by a maintained township gravel road
Tract 2 - 166 Acres (Subject to Survey)
FSA figures should indicate approx. 56 acres of cropland
The remaining acres represent rolling pasture land & timber/draws
Productivity Index (PI): 123.2 (Tillable Acres)
Nice combin...
Nice combination tract which offers a little bit of everything. Farm it and turn cattle out or build it up to be a great hunting farm!
Improved with an open front livestock shed, small grain bin & stocked pond - Reservoir tank and pump provide water for livestock
Access is along the north side by County Road 2820E & along the east side by a maintained township gravel road
Tract 3 - 22 Acres (Subject to Survey)
Neat little acreage which could be utilized in several different ways
Potential building sites & rural water available
Recreational acreage which provides whitetail deer & other wildlife habitat
Creek runs through the middle provides a beautiful view & water for cattle or wildlife
Currently being used as pasture
Access is along the north by the Denver-Plymouth blacktop & along the west & south sides by County Road 2820E
Tract 4 - Country Home & 1 Acre (Subject to Survey)
Older 2-story brick home with 4 bedrooms and 1 bath
Well water, LP gas heat, Adams fiber optic & WIEC 200 amp service
Access is by way of a maintained township gravel road
Open House: Tuesday, January 31 4:00 PM 5:30 PM CT
Tracts 1-3 will be sold on a price per acre basis, based on surveyed acres & will be sold through the marketing method of Buyers Choice, whereas the high bidder can elect any or all 3 tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tract(s) will be offered. Tract 4 will be sold last for the lump sum, total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) 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 Thursday, March 9, 2023. 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. Buyer will be responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing.
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.
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