Friday, January 12, 2024 - 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
McDonough County, Illinois
Tracts 1, 2 & 3 are located approximately 4 miles north of Blandinsville, IL in Section 9, Blandinsville Township, McDonough County, IL. Tract 4 is located approximately 1 mile east of Blandinsville, IL in Section 34, Blandinsville Township, McDonough County, IL. Blandinsville, IL is located approximately 15 miles north west of Macomb, IL. Be watching for directional and tract signs which have been placed.
SELLER
Land known locally as The Leonard and JoAnne Thompson Farm
MANAGED BY
Jim Sullivan (217) 440-8172
GENERAL INFORMATION
287.88 acres 4 tracts
All 4 Tracts represent productive tillable farmland and sell free and clear for 2024 farming rights.
TRACT INF...
TRACT INFORMATION
Tract 1 - 77.67 surveyed acres
FSA figures should indicate 74.2 acres of cropland
Productivity Index: 142.5
Soil types include Muscatune, Sable & Osco
Access on the north by N 2300TH RD, on the west by CTY RD 11 and on the south by N 2250TH RD
Tract 2 - 72.97 surveyed acres
FSA figures should indicate 66.5 acres of cropland
Productivity Index: 136.2 (on the tillable acres)
Soil types include Osco, Muscatune, Rozetta & Sable
Access on the north by N 2300TH RD, on the south by N 2250TH RD
Tract 3 - 40.0 acres
FSA figures should indicate 38 acres of cropland
Productivity Index: 132.9 (on the tillable acres)
Soil types include Muscatune, Osco & Rozetta
Access on the east by E 300TH ST and on the south by N 2250TH RD
Tract 4 - 97.24 acres
FSA figures should indicate 86.97 acres of cropland
Productivity Index: 134.8 (on the tillable acres)
Soil types include Ipava, Osco, Clarksdale & Denny
Access on the east by 350TH ST
METHOD & TERMS
All 4 tracts will be sold on a price per acre basis and offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.
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 Monday, February 12, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate 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.
Land known locally as The Leonard and JoAnne Thompson Farm
Title Work by:
McMillan, Hennenfent, DeJoode & Humbert PC
402 E Jackson ST, Macomb, IL 61455 | (309) 837-2904
Auction Manager:
Jim Sullivan (217) 440-8172
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationMcDonough County, Illinois
Tracts 1, 2 & 3 are located approximately 4 miles north of Blandinsville, IL in Section 9, Blandinsville Township, McDonough County, IL. Tract 4 is located approximately 1 mile east of Blandinsville, IL in Section 34, Blandinsville Township, McDonough County, IL. Blandinsville, IL is located approximately 15 miles north west of Macomb, IL. Be watching for directional and tract signs which have been placed