Henry County, IL Land Auction - Martin
Henry County, IL Land Auction - Martin
See Special Terms for additional fees
Description
The Martin farm is located at the northwest edge of Geneseo, IL and is further described as being located in Section 8, T17N - R3E, Geneseo Township, Henry County, IL. The farm represents productive, tillable farmland, a 2-story country home, barn & a nice small piece of timber that is secluded and lies at the extreme west end of the farm. The tillable land represents Class A soils with a PI of 137.7 (soil map online).
Property Preview: Sunday September 20th from 2:00 - 4:00 P.M.
Note: Masks/Face coverings are required to enter the home.
Mark your calendars for Monday, September 28th and take part in this online only event. Properties like this rarely come up for sale.
Auction to be conducted as a virtual, online only auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
Auction Manager: Dale Jones (309) 299-6400
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Method and Terms
Lot # 0 (Sale Order: 1 of 2)
The Martin property has recently been 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 Tuesday, December 1, 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 will be paid by the seller. Possession will be given at the time of closing subject to the current farm tenant and residential tenant - contact auction manager for details.
All announcements sale day shall take precedence over any prior advertising either written or oral.
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW LEGAL DESCRIPTION
CLICK HERE TO VIEW TITLE COMMITMENTS
CLICK HERE TO VIEW RESIDENTIAL DISCLOSURES
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW FARM & RESIDENCE INFORMATION
CLICK HERE TO VIEW FSA INFORMATION
CLICK HERE TO VIEW PROPERTY TAX INFORMATION
CLICK HERE TO VIEW FLOODPLAIN AMENDMENT
Gaylon Martin Trust - Seller
Representing Attorney:
Richard A. Stone
Stone & Palmgren
211 S. State St., Geneseo, IL 61254
PH (309) 944-4628
Auction Manager: Dale Jones (309) 299-6400
Tract 1 - 59.07 Surveyed Acres
Lot # 1 (Sale Order: 2 of 2)
Quantity: 59
- FSA figures indicate 41.29 acres of cropland currently in row crop production
- An additional .5 acres are enrolled in a CRP waterway
- PI Rating: 137.7 (Class A)
- Balance of the acres are in timber & recreational ground
- 4-bedroom country home
- Access is by way of an owned, deeded strip of land extending west from College Ave.
Note: Masks/Face coverings are required to enter the home.
Contact auction manager, Dale Jones for additional information: 309-299-6400
The purchase agreement will be adjusted to a quantity of 59.07 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
