Mason County, IL Land Auction - Marshall

Mason County, IL Land Auction - Marshall

Wednesday, February 24, 2021  |  1:00 PM Central
Auction closed.
Mason County, IL Land Auction - Marshall

Mason County, IL Land Auction - Marshall

Wednesday, February 24, 2021  |  1:00 PM Central
Auction closed.
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Description

424.685 Surveyed & Taxable Acres • 6 Tracts

The Mary Marshall farm contains 424 acres+/- (to be sold in 6 tracts) and is located approximately 6 miles south of Havana, Mason County, IL. The tracts are all or nearly all tillable and most have center pivot irrigation. Farmers and investors, be sure to check out this Mason County, IL farm real estate auction.

Auction Managers: John Sullivan (309) 221-6700
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 7)      


This lot is informational and may be used for test bidding - place your actual bids on Lots #1-6 below.

Tracts 2, 3 & 6 will be surveyed and the final surveyed acres will be used to constitute the final settlement price. Tracts 1 - 6 will sell on a price per acre basis and will be offered through the marketing method of Buyer's Choice, where as the high bidder can elect (in any order) any or all tracts for their high bid. Buyer's Choice auctioning will continue until all six tracts have been elected. The tracts 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 Friday, March 26, 2021. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, and inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the sellers. The 2021 real estate taxes will be paid by the new buyer. Possession will be given at the time of closing. Tracts 1 & 6 sell free and clear of crop tenancy for the 2021 crop year. Tracts 2, 3, 4 & 5 sell subject to a cash rent crop tenancy for 2021 (contact auction rep for further details).

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. The real estate and all improvements are being sold "As Is". The irrigation units and components are being sold "As Is".

Updated Cash Rent Information!
  • Tract 2 - 66.26 irrigated acres at $250/ac., 36.84 non-irrigated acres at $140/ac. - Total cash rent payment $21,722 plus $3,000 for building rent.

  • Tract 3 - 71.35 irrigated acres at $250/ac., 14.52 non-irrigated acres at $140/ac. - Total cash rent payment $19,870.
  • Tract 4 - 39.56 irrigated acres at $250/ac., 3.33 non-irrigated acres at $140/ac. - Total cash rent payment $10,356.
  • Tract 5 - 33.23 irrigated acres at $250/ac., 7.79 non-irrigated acres at $140/ac. - Total cash rent payment $9,398.


CLICK HERE TO VIEW FSA INFORMATION

CLICK HERE TO VIEW TRACTS 2 & 3 SURVEY PLAT

CLICK HERE TO VIEW TRACTS 2 & 3 SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 6 SURVEY PLAT


CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 6 PURCHASE AGREEMENT


Mary Marshall - Seller

Representing Attorney:

Thomas L. Brownfield
19524 Baldwin Beach Rd.
Havana, IL 62644
(309) 338-2175

Auction Managers: John Sullivan (309) 221-6700


...more

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Bid Accepted!

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PASSED

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This lot was not sold.

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Reserve Not Met

Tract 1 - 40 Acres+/-

Lot # 1 (Sale Order: 2 of 7)      

 
  • Located in the Northwest Quarter of the Southeast Quarter, Section 35, T21N-R9W, Havana Township, Mason County, IL
  • FSA figures should indicate 38.64 cropland acres
  • 34.73 acres under center pivot irrigation
  • Valley 3-tower electric driven pivot
  • Soil Productivity Index (PI): 95.7 (tillable acres)
  • Soil types to include: Sparta, Ridgeville, Ade and Onarga
  • Public road access along the west side by 1450E
  • This tract sells free and clear of crop tenancy for 2021

The purchase agreement will be adjusted to a quantity of 40 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 7,950.00

You've been outbid  to O****h! to YOU!

Placing your bid. please wait...

Tract 2 - 121.229 Surveyed Acres

Lot # 2 (Sale Order: 3 of 7)      

 
  • Located in the South Half of Section 36, T21N-R9W, Havana Township, Mason County, IL
  • FSA figures should indicate 103.1 cropland acres (estimated)
  • Balance of the acres is building site and patches of timber which offers hunting opportunities
  • 66.26 acres under center pivot irrigation
  • Reinke 6-tower diesel driven pivot
  • No power unit is being conveyed
  • Soil Productivity Index (PI): 92.3 (tillable acres)
  • Soil types to include: Ade, Sparta, Plainfield, Ridgeville and Disco
  • Building improvements include 3 machine sheds, an open front building and 3 small, older grain bins
  • Public road access along the south side by 1100N
  • This tract sells subject to a cash rent crop tenancy for 2021 (contact auction rep for further details)
  • Updated cash rent information: 66.26 irrigated acres at $250/ac., 36.84 non-irrigated acres at $140/ac. - Total cash rent payment $21,722 plus $3,000 for building rent

The purchase agreement will be adjusted to a quantity of 121.229 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,650.00

You've been outbid  to R****9! to YOU!

Placing your bid. please wait...

Tract 3 - 121.228 Surveyed Acres

Lot # 3 (Sale Order: 4 of 7)      

 
  • Located in the South Half of Section 36, T21N-R9W, Havana Township, Mason County, IL
  • FSA figures should indicate 85.87 cropland acres (estimated)
  • Balance of the acres is wooded which offers excellent hunting and outdoor recreational opportunities
  • 71.35 acres under center pivot irrigation
  • Reinke 6-tower diesel driven pivot
  • Sells with an older Duetz diesel unit which is not operational
  • Soil Productivity Index (PI): 99 (tillable acres)
  • Soil types to include: Gilford, Sparta, Ade and Orio
  • Public road access along the south side by 1100N
  • This tract sells subject to a cash rent crop tenancy for 2021 (contact auction rep for further details)
  • Updated cash rent information: 71.35 irrigated acres at $250/ac., 14.52 non-irrigated acres at $140/ac. - Total cash rent payment $19,870.

The purchase agreement will be adjusted to a quantity of 121.228 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,900.00

You've been outbid  to l****6! to YOU!

Placing your bid. please wait...

Tract 4 - 43.5 Acres+/-

Lot # 4 (Sale Order: 5 of 7)      

 
  • Located in the Southeast Quarter of the Southeast Quarter of Section 3, 20N-R9W, Bath Township, Mason County, IL
  • FSA figures should indicate 42.89 cropland acres
  • 39.56 acres under center pivot irrigation
  • Reinke 3-tower electric driven pivot
  • Soil Productivity Index (PI): 103.9 (tillable acres)
  • Soil types to include: Ridgeville, Sparta, Ade, and Disco
  • Public road access along the east side by 1400E and the south by 1000N
  • This tract sells subject to a cash rent crop tenancy for 2021 (contact auction rep for further details)
  • Updated cash rent information: 39.56 irrigated acres at $250/ac., 3.33 non-irrigated acres at $140/ac. - Total cash rent payment $10,356.

The purchase agreement will be adjusted to a quantity of 43.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 8,050.00

You've been outbid  to J****9! to YOU!

Placing your bid. please wait...

Tract 5 - 40 Acres+/-

Lot # 5 (Sale Order: 6 of 7)      

 
  • Located in the Southeast Quarter of the Northeast Quarter of Section 10, 20N-R9W, Bath Township, Mason County, IL
  • FSA figures should indicate 41.02 cropland acres
  • 33.23 acres under center pivot irrigation
  • Reinke 3-tower electric driven pivot
  • Soil Productivity Index (PI): 95.5 (tillable acres)
  • Soil types to include: Sparta, Onarga and Ade
  • Public road access along the east side by 1400E
  • This tract sells subject to a cash rent crop tenancy for 2021 (contact auction rep for further details)
  • Updated cash rent information: 33.23 irrigated acres at $250/ac., 7.79 non-irrigated acres at $140/ac. - Total cash rent payment $9,398.


The purchase agreement will be adjusted to a quantity of 40 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.


...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 7,650.00

You've been outbid  to T****2! to YOU!

Placing your bid. please wait...

Tract 6 - 57.253 Surveyed Acres

Lot # 6 (Sale Order: 7 of 7)      

Quantity: 57

 
  • Located in the Southwest Quarter of Section 2, 20N-R9W, Bath Township, Mason County, IL
  • FSA figures should indicate 41.46 cropland acres
  • Balance of the acres is wooded which offers excellent outdoor recreational & hunting opportunities
  • Soil Productivity Index (PI): 91 (tillable acres)
  • Soil types to include: Sparta, Plainfield, Bloomfield and Ridgeville
  • Public road access along the east side by 1400E
  • This tract sells free and clear of crop tenancy for 2021
  • Buyer to reimburse previous tenant for wheat inputs (contact auction rep for further details)

The purchase agreement will be adjusted to a quantity of 57.253 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 4,750.00
$4,750.00 x 57 = $270,750.00
Total Bid: USD 270,750.00

You've been outbid  to J****9! to YOU!

Placing your bid. please wait...

$4,750.00 x 57 = $270,750.00 Total
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