Auction Information
Online Bidding SiteMCDONOUGH COUNTY, IL LAND AUCTION - WAYLAND
MCDONOUGH COUNTY, IL LAND AUCTION - WAYLAND
Thursday, December 5, 2024 - 1:00 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
LOCATION
McDonough County, Illinois
The Wayland farm is located approximately 5 miles south of Macomb IL and is further described as being located in Section 35, T5N - R3W, Chalmers Township, McDonough County, Illinois.
SELLER
Paul Wayland
MANAGED BY
Michael Sullivan (309) 333-0916
GENERAL INFORMATION
40 taxable acres 1 tract
The farm represents prime, Class A tillable farmland which sells free & clear for the 2025 crop year!
TRACT INFORMATION
40 taxable acres
FSA figures indicate 39.80 acres of NHEL cropland
Productivity Index (PI): 139.6 (Class A)
Soil types include Virden & Ipava
Sells free & clear for the 2025 crop year
Access is along the north ...
Access is along the north side by County Hwy 22 & along the east side by E 1100th St.
METHOD & TERMS
The Wayland farm 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 Wednesday, January 15, 2025.
The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession of the farm at closing. The farm sells free & clear of any tenancy for the 2025 crop year & 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.
Paul Wayland
Representing Attorney:
Eric G. Icenogle | Capps, Ancelet, Icenogle & Wallace
55 S Adams St, Carthage, IL 62321 | (217) 357-2107
Auction Manager:
Michael Sullivan (309) 333-0916
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McDonough County, Illinois
The Wayland farm is located approximately 5 miles south of Macomb IL and is further described as being located in Section 35, T5N - R3W, Chalmers Township, McDonough County, Illinois.