Auction Information
Online Bidding SiteWOODFORD COUNTY, IL LAND AUCTION SCHMITT
LOCATION
Woodford County, Illinois
83.498 Surveyed Acres 1 Tract
GENERAL INFORMATION
Land is located in Section 27, T27NR3W, Worth Township, Woodford County, IL.
Note:
The sellers and their tenant request that when you are inspecting the property that everyone be respectful and not drive over the farm during muddy conditions.
REAL ESTATE TAX INFORMATION
PIN 08-27-400-001
80.0 acres
$1530.48
LOCATION & GENERAL INFORMATION
The Emma Schmitt farm real estate is located approximately 1 mile southeast of Germantown Hills, IL , or 3 miles southwest of Metamora, IL, or 4 miles north of Washington, IL (Approximately 10 miles northeast of Peoria, IL). The property is further described as being in the West Half of the Southeast Quarter of Section 27, T27N-R3W, Worth Township, Woodford County, IL.
This ideally located farm contains a total of 83.498 surveyed acres and will be sold in...
This ideally located farm contains a total of 83.498 surveyed acres and will be sold in 1-tract. The property is approximately half tillable farmland and half wooded land which offers excellent outdoor recreational opportunities as well as some excellent home building sites.
TRACT INFORMATION
83.498 surveyed acres
FSA maps indicate 37.90 NHEL cropland acres
Productivity Index (PI): 114 (tillable acres)
Soil types include Rozetta and Keomah
Balance of the acres is mature timber with some marketable trees
There is an older house and set of farm buildings located in the northeast corner
This property has it all - income producing tillable acres, excellent outdoor recreational/hunting opportunities, and home building sites
Road access in the northeast corner off N. Nofsinger Road
METHOD AND TERMS
The real estate will be sold on a price per acre basis, based on 83.498 surveyed 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 May 18, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Buyer will pay all the 2022 & all subsequent real estate taxes. Possession will be given at the time of closing subject to a cash rent farm lease for 2022 - seller is also providing to the buyer at closing additional rent income - contact auction company for details
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.
Emma Schmitt Farm
Sarah Carbone
Debbie Mullinax
Representing Attorney:
James F Kane
Johnson, Bunce, & Noble
7800 N. Sommer St.
Suite 425
Peoria, IL 61615-1994
(309) 691-9650
Auction Manager:
Kevin Haas (309) 264-7767
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