Friday, January 19, 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
McLean County, Illinois
The farm is located approximately 1 mile west of Carlock, IL, or 11 miles northwest of Bloomington, IL. The land is further described as being located in Sections 25 & 26, T25N-R1W, Danvers Township, McLean County, Illinois.
SELLER
Marian R. Wiegand Estate
Karen Wiegand
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
105.77 total acres 2 tracts
Farmers & investors dont miss this opportunity to purchase a high producing McLean County farm located close to excellent grain market outlets.
TRACT INFORMATION
Tract 1 38.91 surveyed acres
FSA records indicate 38.5 cropland acres
There are no CRP acres associated with this tract
Productivity Index (PI): 130.4...
Productivity Index (PI): 130.4
Soil types include Catlin, La Rose, Ipava, Sable, Osco, and Radford
This tract has excellent fertility
Access along the east side from CR600E
Tract 2 66.86 taxable acres
FSA records indicate 59.69 cropland acres
Includes 5.6 CRP acres, annual payment of $2,119.00, expires 9-30-2026
Includes 3.2 CRP acres, annual payment of $1,123.00, expires 9-30-2026
Productivity Index (PI): 129.4
Soil types include Catlin, Saybrook, Sable, La Rose, Radford, Osco, Ipava, and Sawmill
This tract has excellent fertility
Access along the east side from CR600E
SOIL TEST RESULTS
Tract 1
pH - 7.5
P - 62 #/A
K - 342 #/A
Tract 2
pH - 7.2
P - 69 #/A
K - 360 #/A
YIELD HISTORY
Both tracts combined
2023 corn 227 BPA
2022 beans 65 BPA
2021 corn 232 BPA
2020 beans 72 BPA
REAL ESTATE TAX INFORMATION
Tract 1
PIN 05-36-200-005 - 3.67A - $132.38
PIN 05-36-200-008 - 33.83A - $1524.10
Tract 2
PIN 05-36-200-011 - 66.86A - $2619.40
METHOD & TERMS
The Wiegand farms will be sold on a price per acre basis - Tract 1 will be sold based on surveyed acres and Tract 2 will be sold based on taxable acres. Both tracts will be 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 Tuesday, February 20, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 taxes, due and payable in 2024, with a credit at closing. Buyer is responsible for paying 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at 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.
Marian R. Wiegand Estate
Karen Wiegand
Representing Attorney:
James J. Stoller | Stoller Law Office
15 W. Front St., El Paso IL 61738 | (309) 527-4300
Auction Manager:
Kevin Haas (309) 264-7767
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 InformationMcLean County, Illinois
The farm is located approximately 1 mile west of Carlock, IL, or 11 miles northwest of Bloomington, IL. The land is further described as being located in Sections 25 & 26, T25N-R1W, Danvers Township, McLean County, Illinois.