Marshall County, IL Land Auction - Simpson
Marshall County, IL Land Auction - Simpson
See Special Terms for additional fees
Description
Marshall County, Illinois
The Simpson farm is located 8 miles northwest of Minonk, IL or 34 miles north/northwest of Bloomington, IL. The land is further described as being located in Section 26, T29N-R1W, Bell Plain Township, Marshall County, Illinois.
Farmers, take advantage of this opportunity to purchase a well-located farm with the opportunity to rent the adjoining 125 acres!
Auction Manager:
Kevin Haas (309) 264-7767
x Cancel
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 Simpson farm is currently being surveyed and will be sold on a price per acre basis, based on survey results.
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 will be due at closing which will take place on or before Friday, February 23, 2024.
The seller will provide title insurance in the full amount of the purchase price. Buyer will receive a credit at closing for the 2023 taxes due and payable in 2024. Buyer will pay the 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.
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 SURVEY PLAT
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW PURCHASE AGREEMENT
Jane Simpson - Seller
Locally known as the Lasswell Farm
Representing Attorney:
Michael L. Neff | Fort & Neff
108 S Broadway St. Stronghurst, IL 61480 | (309)924-1211
Auction Manager:
Kevin Haas (309) 264-7767
Tract 1 - 79.75 surveyed acres
Lot # 1 (Sale Order: 2 of 2)
Quantity: 80
- 79.75 surveyed acres
- FSA records should indicate 82.1 NHEL cropland acres (estimated)
- Productivity Index (PI): 132
- Soil types include Graymont and Flanagan
- Buyer has the opportunity to rent the adjoining 125 acres from the seller
- Access along the west side from N Pattonsburg Rd
The purchase agreement will be adjusted to a quantity of 79.75 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
