Shelby & Moultrie County, IL Land Auction - Kunkel
Thursday, June 23, 2022 | 10:00 AM Central
Auction closed.
Shelby & Moultrie County, IL Land Auction - Kunkel
Thursday, June 23, 2022 | 10:00 AM Central
Auction closed.
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See Special Terms for additional fees
See Special Terms for additional fees
Description
250.64 Taxable Acres± • 2 Tracts
The Kunkel Family Trust farm real estate is located approximately 20 miles southeast of Decatur, IL. Tract 1 is located approximately 2 miles south of Moweaqua, IL in Section 7, T13N-R2E, Flat Branch Township, Shelby County, IL, and Tract 2 is located approximately 6 miles southwest of Bethany, IL, in Section 7, T13N-R4E, Marrowbone Township, Moultrie County, IL.
The land contains a total of 250.64 taxable acres and will be sold in 2-tracts. Both tracts represent outstanding, level and all-tillable Class A farmland. Farmers and investors, be sure to check out these investment quality tracts of IL farmland.
MANAGED BY
Kevin Haas (309) 264-7767
David Smith (217) 841-0821
The Kunkel Family Trust farm real estate is located approximately 20 miles southeast of Decatur, IL. Tract 1 is located approximately 2 miles south of Moweaqua, IL in Section 7, T13N-R2E, Flat Branch Township, Shelby County, IL, and Tract 2 is located approximately 6 miles southwest of Bethany, IL, in Section 7, T13N-R4E, Marrowbone Township, Moultrie County, IL.
The land contains a total of 250.64 taxable acres and will be sold in 2-tracts. Both tracts represent outstanding, level and all-tillable Class A farmland. Farmers and investors, be sure to check out these investment quality tracts of IL farmland.
MANAGED BY
Kevin Haas (309) 264-7767
David Smith (217) 841-0821
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.
Both tracts will be sold on a price per acre basis based on the tax acres. The tracts will be offered individually. The tracts will NOT be offered together at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written real estate sales contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until the time of closing. The balance of the bid price will be due at closing, on or before July 23, 2022. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession will be given at the time of closing subject to a cash rent lease on the cropland acres for 2022. Buyer will receive half of the 2022 cash rent and pay half of the 2022 real estate taxes (Contact auction rep for details).
All announcements made sale day take precedence over any prior advertising either written or oral.
The information in our brochure, on our website and in our advertisements 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 all information to their satisfaction. There are no expressed or implied warranties pertaining to the property and the real estate is being sold "As Is".
CLICK HERE TO VIEW FSA INFORMATION
CLICK HERE TO VIEW TRACT 1 TILE DRAWING
CLICK HERE TO VIEW TRACT 2 TILE DRAWING
CLICK HERE TO VIEW TRACT 1 TITLE COMMITMENT
CLICK HERE TO VIEW TRACT 2 TITLE COMMITMENT
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
Kunkel Family Trust
Kevin Kunkel
Lisa Jacobson
Todd Kunkel
Representing Attorney:
Kelly A. Kramer
Daniel J. Kramer Law Offices
1107 S Bridge St., #A
Yorkville, IL 60560
(630) 553-9500
Auction Managers:
Kevin Haas (309) 264-7767
David Smith (217) 841-0821
Tract 1 - 149.64 Taxable Acres+/-
Lot # 1 (Sale Order: 2 of 3)
Quantity: 150
Shelby County, IL
- FSA records indicate 150.52 NHEL cropland acres
- Productivity Index (PI): 142.2 (Class A)
- Soil types include Drummer, Elburn, Millbrook and Virden
- Road access along the east side from CR 700E and along the west side from CR 645E/2700E
- Real Estate Tax Information: Shelby county, 149.64 acres, $8208.78
- Soil Test Results: pH - 6.5, P - 55#/A, K - 290#/A
The purchase agreement will be adjusted to a quantity of 149.64 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
$20,500.00 x 150 = $3,075,000.00 Total
Tract 2 - 101.00 Taxable Acres+/-
Lot # 2 (Sale Order: 3 of 3)
Quantity: 101
Moultrie County, IL
- FSA records indicate 99.29 NHEL cropland acres
- Productivity Index (PI): 140.4 (Class A)
- Soil types include Drummer and Flanagan
- Road access along the north side from CR 1300N and along the west side from St Rt 128
- Real Estate Information: Moultrie county, 101.0 acres, $5319.68
- Soil Test Results: pH - 5.9, P - 67#/A, K - 410#/A
The purchase agreement will be adjusted to a quantity of 101.00 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
$21,100.00 x 101 = $2,131,100.00 Total