Mercer County, IL Land Auction - Johnson

Mercer County, IL Land Auction - Johnson

Tuesday, March 28, 2023  |  10:00 AM Central
Auction closed.
Mercer County, IL Land Auction - Johnson

Mercer County, IL Land Auction - Johnson

Tuesday, March 28, 2023  |  10:00 AM Central
Auction closed.
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Description

61.47 Taxable Acres± • 1 Tract

Mercer County, Illinois

The Mark Johnson Farm is located approximately 4.5 miles east of Sherrard, IL, or 14 miles southeast of Moline, IL, or 29 miles north of Galesburg, IL. The property is further described as being located in Sections 11 & 12, T15N-R1W, Richland Grove Township, Mercer County, Illinois.

The farm represents improved pasture, wooded areas with recreational possibilities, a pond and attractive home building sites with great access along Knoxville Rd in Sherrard School District. The farm sells free clear of tenancy for 2023!

Auction Manager:
Dale Jones: (309) 299-6400
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 Johnson farm will be sold on a price per acre basis, based on 61.47 taxable acres+/-.

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, April 28, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing. The property sells free and clear of tenancy for 2023 and beyond.

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, a BigIron company pertaining to this property. Real estate is being sold "AS IS".


CLICK HERE TO VIEW PURCHASE AGREEMENT

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW TAX INFORMATION


Mark Johnson, Seller


Representing Attorney:
Karl Bredberg  |  Katz Nowinski, P.C.
Po Box 208, 2020 SE 3rd St, Aledo, IL, 61231-0208  |  (309) 582-5327

Auction Manager:
Dale Jones: (309) 299-6400


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Tract 1 - 61.47 Taxable Acres+/-

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 61

 
  • Improved pasture
  • Attractive home building sites
  • Wooded areas suitable for recreational activities
  • Small pond for livestock water or recreation
  • Other potential pond or lake sites
  • Paved road access on the west side from Knoxville Rd.
  • Approximately 14 miles from the Illinois Quad Cities

The purchase agreement will be adjusted to a quantity of 61.47 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 

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Bid Accepted!

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Sold for: USD 6,200.00
$6,200.00 x 61 = $378,200.00
Total Bid: USD 378,200.00

You've been outbid  to K****1! to YOU!

Placing your bid. please wait...

$6,200.00 x 61 = $378,200.00 Total
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