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Auction Information

Coles County, Illinois Land Auction

Mon Nov 08 - 01:00PM


Online Auction, Arcola, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Monday, November 08, 2021 - 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

Coles County, Illinois

Coles County, Illinois

51.87 Taxable Acres±


SELLER

Edgar Family Farm

Stephen A. Edgar

Mark A. Edgar

Kathy E. Bickel

Susan M. Moore

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

Land is located in Section 34, T14N•R8E, Humboldt Township, Coles County, IL.


LOCATION & GENERAL INFORMATION

The Edgar Family Farm is located approximately 4 miles south of Arcola, IL along I-57, or 10 miles north of Matoon, or 15 miles northwest of Charleston, IL. The land is further described as being located in the Northwest Quarter of Section 34, T14N-R8E, Humboldt Township, Coles County, IL.

The farm contains a total of 51.87 taxable acres, will be sold in 1-tract and is an all-tillable, highly productive farm with Class A soils. Be sure to check out this attractive and well located farm.

TRACT INFORMATION

  • 51.87 Taxable Acres
  • FSA map indicates 52.78 cropland acres
  • Soil Productivity Index: 141 (Class A)
  • Soil types include Flanagan and Drummer-Milford
  • East County Road 1700N borders the farm on the north side

METHOD & TERMS

The Edgar Family Farm will be sold as 1 tract by the acre on the basis of 51.87 taxable acres. Immediately following the auction, the successful buyer will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before December 15, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2021 real estate taxes will be paid by the sellers. The seller is retaining the 2021 crop. Possession will be given at the time of closing subject to any remaining 2021 crop tenancy. The farm sells free and clear of tenancy for 2022.

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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.



Edgar Family Farm

Stephen A. Edgar

Mark A. Edgar

Kathy E. Bickel

Susan M. Moore

 

Representing Attorney:

Robert E. Kosic

Law Office of Kosic & Stout, P.C.

130 N. Locust Street

P.O. Box 112

Arcola, IL 61910

(217) 268-3609

 

Auction Manager:

Kevin Haas (309) 264-7767

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.