Fulton County, IL Land Auction

Fulton County, IL Land Auction

Tuesday, April 7, 2020  |  1:00 PM Central
Auction closed.
Fulton County, IL Land Auction

Fulton County, IL Land Auction

Tuesday, April 7, 2020  |  1:00 PM Central
Auction closed.
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Description

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The farm is located approx. 3 miles north of Table Grove, IL and is further described as being located in Sections 17 & 18, Farmers Township, Fulton County, IL.

Tracts 1 & 2 represent productive tillable cropland with a small amount of timber on Tract 2.

Tract 3 is improved with a ranch style home and shed situated on approx. 7 acres. The farms sell free & clear for the 2020 crop year.
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 4)      

Tracts 1 & 3 have recently been surveyed. Tract 2 will be sold based on taxable acres and will NOT be surveyed. Tracts 1 & 2 will be sold on a price per acre basis. Tract 3 will be sold for the "lump sum" total dollar amount. The tracts will be sold individually and will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Thursday, May 7, 2020. 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 real estate taxes & subsequent years will be paid by the buyer(s). Immediate possession for 2020 farming rights will be given upon down payment & proof of insurance. Full possession will be given at the time of closing. The farm sells free & clear for the 2020 crop year. There are no hunting leases associated with the property.

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".


CLICK HERE FOR TRACT 1 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 2 PURCHASE AGREEMENT

CLICK HERE FOR TRACT 3 PURCHASE AGREEMENT

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CLICK HERE FOR SURVEY PLAT (TRACTS 1 & 3)
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Tract 1 - 74.45 Surveyed Acres

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 74


Tract 1 - 74.45 Surveyed Acres

  • FSA figures indicate 73.84 acres of NHEL cropland currently in row crop production
  • PI Rating: 138.7 (Class A)
  • Productive soil types include Ipava, Osco, Sable & Rozetta
  • Access is along the east side by Marietta Rd.
The purchase agreement will be adjusted to a quantity of 74.45 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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SOLD
$8,400.00 x 74 = $621,600.00 Total

Tract 2 - 41.10 Taxable Acres+/-

Lot # 2 (Sale Order: 3 of 4)      

Quantity: 41

 

Tract 2 - 41.10 Taxable Acres+/-

  • FSA figures indicate 29.4 acres of cropland currently in row crop production
  • PI Rating: 131.2
  • Productive soil types include Osco, Greenbush, Ipava, Assumption & Elco
  • The balance of the farm is a waterway & timbered draw which offers recreational & hunting opportunities
  • Access is along the west side by Marietta Rd.
The purchase agreement will be adjusted to a quantity of 41.10 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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SOLD
$5,350.00 x 41 = $219,350.00 Total

Tract 3 - 6.87 Surveyed Acres - Home & Pole Building

Lot # 3 (Sale Order: 4 of 4)      


Tract 3 - 6.87 Surveyed Acres - Home & Pole Building

  • Attractive, ranch-style home with 3 bedrooms & 3 bathrooms
  • Other amenities the home offers include an open living/dining room, kitchen w/ tile floor, brick fireplace, partially finished basement, wrap-around covered porch & a 1-car attached garage
  • The home is equipped with central air, LP gas forced air heat, well water & its own septic tank
  • Other improvements include a 40' x 46' pole building
  • The 7 acres offer pasture for livestock, hay ground or even potential building sites
  • The property presents a nice setting with mature trees surrounding the home & buildings & is located along a hard surface road.
  • Access is along the east side by Marietta Rd.
This tract will sell as a lump sum amount.
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SOLD
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