Auction Information
Auctioneer Sullivan Auctioneers, LLC 844-847-2161
Auction Date Sep 17 Auction
Location
Eagles Club
519 N. Madison St.
Carthage, IL
Time 01:00PM
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Auction Listing
AuctionZip Auctioneer ID# 43943
95 Acres± - 1 Tract

Tuesday, September 17, 2019 at 1:00 P.M.

Auction to be held at the Eagles Club, Carthage, IL

Location & General Information
The Thomas farm is located 1.5 miles south of Burnside, IL and is further described as being located in Section 28, T6N - R6W, Pilot Grove Township, Hancock County, IL. The farm represents Class A, tillable farmland.

Tract Information
95 Acres± (Subject to Survey) • 1 Tract
• FSA figures indicate 93.61 acres of total cropland. 86.3 acres of NHEL cropland are currently in row crop production. 1.7 acres of cropland are currently enrolled in CRP waterways at a payment rate of $302.75 per acre for an annual payment of $515. The remaining 5.61 acres of NHEL cropland are currently not being farmed and not enrolled in any programs (northwest corner of the farm).
• PI Rating: 138.1 (Class A)
• Predominantly Ipava, Virden & Osco soils
• Access is along the south side by E County Rd 1950 & along the west side of N County Rd 2100

Method & Terms
The Thomas farm is currently being surveyed and will sell on a price per acre basis.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Monday, October 21, 2019. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant's farm lease. The farm sells free & clear for the 2020 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".

Terry Thomas - Seller

Auction Manager: Michael Sullivan

Representing Attorney
Kurt R. Dittmer
Rasmussen and Dittmer, LLC
PO Box 509
102 N. Center St., La Harpe, IL 61450
Phone: 217-659-3312



Auctioneer License Information: 444000107

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