Fulton County, IL Land Auction - Ingersoll

Fulton County, IL Land Auction - Ingersoll

Thursday, May 19, 2022  |  11:30 AM Central
Auction closed.
Fulton County, IL Land Auction - Ingersoll

Fulton County, IL Land Auction - Ingersoll

Thursday, May 19, 2022  |  11:30 AM Central
Auction closed.
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Description

186.95 Surveyed Acres • 1 Tract

The land is located a short distance west of London Mills, IL and just south of Hwy 116 (20 miles south of Galesburg or 30 miles west of Peoria). The property is further described as being in Section 5, T8N•R2E, Young Hickory Township, Fulton County, IL.

The W.D. Boyce Council is selling a portion of the Ingersoll Scout Reservation which they do not utilize. The land represents timber, CRP & CREP acres which offer excellent whitetail deer, wild turkey & other wildlife habitat. The main core of the Reservation is NOT selling which includes buildings, camp sites, hiking trails, and other activity areas.

MANAGED BY
Michael Sullivan (309) 333-0916
Catalog Terms of sale
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Method & Terms

Lot # 0 (Sale Order: 1 of 2)      


This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.

The farm will be sold on a price per acre basis, based on a survey that is currently underway.

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 due at closing on or before Monday, June 20th, 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. The 2022 real estate taxes will be prorated to the date of closing. All CRP & government payments will be prorated to the date of closing. Full possession will be given at closing - there are no hunting leases.

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".


CLICK HERE TO VIEW CRP & CREP MAP

CLICK HERE FOR CRP INFORMATION

CLICK HERE FOR PERMANENT EASEMENT CREP INFORMATION


CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY


CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT


W.D. Boyce Council
Ingersoll Scout Reservation - Seller


Representing Attorney:
Nancy Schell
Froehling Weber & Schell
167 W Elm St
Canton, IL 61520
(309) 647-6317


Auction Manager: 
Michael Sullivan (309) 333-0916
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Tract 1 - 186.95 Surveyed Acres

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 187

 
  • 180 Acres+/- (Subject to Survey)
  • FSA figures indicate 35.76 acres:
    • Enrolled in a CP2 CRP contract with annual payment of $6,436 which expires 9/30/22
    • The CRP renewal was denied (contact auction manager for details)
  • FSA figures also indicate 55.50 acres:
    • Enrolled in a permanent, state CREP easement
  • See website for maps showing CRP & CREP fields
  • The balance of the farm represents a variety of wildlife habitat with thick timber, rolling timber hillsides & bottomland timber
  • Several riding & hiking trails which provide access & scenic views
  • Cedar Creek borders along the west side & partially along the south & east sides
    Abundant wildlife including Whitetail deer, wild turkeys & other small game
  • Public road access along the north side by Knox Road

The purchase agreement will be adjusted to a quantity of 186.95 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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Sold for: USD 4,250.00
$4,250.00 x 187 = $794,750.00
Total Bid: USD 794,750.00

You've been outbid  to Y****2! to YOU!

Placing your bid. please wait...

$4,250.00 x 187 = $794,750.00 Total
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