Saline County, IL Land Auction - Bickett

Saline County, IL Land Auction - Bickett

Thursday, February 29, 2024  |  10:00 AM Central
Auction closed.
Saline County, IL Land Auction - Bickett

Saline County, IL Land Auction - Bickett

Thursday, February 29, 2024  |  10:00 AM Central
Auction closed.
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Description

80 taxable acres± and a Grain Facility • 2 tracts

Saline County, Illinois

Tract 1 is located 1.5 miles east of Harrisburg, IL on the north side of Highway 13. The land is further described as located in Section 14, T9S-R6E, Harrisburg Township, Saline County, IL.

Tract 2 is located at 120 S Maple St, Harrisburg, IL 62946.

Tract 1 contains a total of 80 taxable acres± with 68 productive tillable acres. Tract 2 is a 67,600-bushel grain facility.

Farmers and investors, check out these investment-quality Saline County, IL properties.
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Method & Terms

Lot # 0 (Sale Order: 1 of 3)      


This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-2.
 

Tract 1 of the Bickett real estate will be sold on a price per acre basis, based on taxable acres. Then Tract 2 will be sold for a lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 Thursday, April 3, 2024. The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer pays 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, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".


CLICK HERE TO VIEW TITLE COMMITMENT

TRACT 1
CLICK HERE TO VIEW PURCHASE AGREEMENT

TRACT 2
CLICK HERE TO VIEW PURCHASE AGREEMENT


Tim and Kim Bickett

Representing Attorney:

James L. Van Winkle, Attorney at Law | Van Winkle Law Office
301 S Jackson St., P O BOX 337, McLeansboro IL 62859 | (618) 643-4396

Auction Managers:
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645


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Tract 1 - 80 taxable acres+/-

Lot # 1 (Sale Order: 2 of 3)      

Quantity: 80

 
  • FSA figures indicate 69.26 NHEL cropland acres
  • Productivity Index (PI): 100.5
  • Soil types include McGary, Colp, and Belknap
  • Pattern tile drainage on 30' spacing
  • Located within the Big Lake Drainage District
  • Highway 13 borders along the south side
  • Tax Parcel:
    • 06-1-079-01-$1,525.24

The purchase agreement will be adjusted to a quantity of 80 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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Sold for: USD 7,050.00
$7,050.00 x 80 = $564,000.00
Total Bid: USD 564,000.00

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$7,050.00 x 80 = $564,000.00 Total

Tract 2 - 4.093 surveyed acres

Lot # 2 (Sale Order: 3 of 3)      

 
  • 67,600-bushel grain storage facility
  • 1 - 48,000-bushel storage bin
  • 2 - 9,800-bushel storage bins
  • Scale has not been in use
  • Office building with 1 full bath, laundry hookups, large office space, and 2 extra rooms
  • 400 AMP Service
  • Ameren Electric
  • City Water and Sewer
  • Tax Parcel:
    • 06-2-372-01-$203.54
    • 06-2-372-02-$414.30
    • 06-1-089-02-$2,422.46

The purchase agreement will be adjusted to a quantity of 4.093 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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Sold for: USD 50,000.00

You've been outbid  to 4****0! to YOU!

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