Henderson County, IL Land Auction

Henderson County, IL Land Auction

Wednesday, April 15, 2020  |  10:00 AM Central
Auction closed.
Henderson County, IL Land Auction

Henderson County, IL Land Auction

Wednesday, April 15, 2020  |  10:00 AM Central
Auction closed.
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Description

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The Blake farm is located approx. 3 miles northeast of Biggsville, IL & is further described as being located in Section 34, Rozette Twp & Section 4, Biggsville Twp, Henderson County, IL.

Tract 1 represents a premier hunting tract with CRP & timber which offers tremendous whitetail deer & other wildlife habitat.

Tract 2 represents tillable cropland currently enrolled in CRP & is improved with a small home.

Tract 3 represents a commercial real estate parcel located in Biggsville. This building is also the former location of Scott Equipment.
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Method and Terms

Lot # 0 (Sale Order: 1 of 4)      

 

Tracts 1 & 2 have recently been surveyed and will be sold on a price per acre basis. Tract 3 will be sold for the "lump sum" total dollar amount and will NOT be surveyed. The tracts will be sold individually and will NOT be offered in their entirety at the conclusion of the auction. Bidding is not contingent upon financing. 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, May 15, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 real estate taxes & subsequent years will be paid by the buyer(s). The new buyer(s) will receive 100% of the 2020 & subsequent years’ CRP income. Immediate possession will be given to the new buyer upon down payment & proof of insurance to complete re-seeding of the CRP acres. Contact auction company for details. Full possession will be given at the time of closing. The farm sells free & clear for the 2020 hunting seasons. 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. This real estate is being sold "as is".


CLICK HERE FOR PURCHASE AGREEMENT

CLICK HERE FOR TITLE COMMITMENT

CLICK HERE FOR SURVEY PLAT


Representing Attorney:

Kurt R. Dittmer
Rasmussen & Dittmer, LLC
102 N. Center St.
P.O. Box 509
La Harpe, IL 61450
PH (217) 659-3312


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Tract 1 - 114.5 Surveyed Acres

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 114


Tract 1 - 114.5 Surveyed Acres

  • FSA figures indicate 57.5 acres of cropland are currently enrolled in CRP - 54.6 acres are enrolled at a payment rate of $276.13 & an additional 2.90 acres are enrolled at a payment rate of $281.90 for a total annual payment of $15,895.
  • There are additional acres of cropland that include waterways & areas of overgrown pasture which could be utilized for food plots.
  • PI Rating on cropland acres: 105.9
  • Soil types include Rozetta, Seaton-Hickory, Fayette & Otter-Lawson
  • The balance of the farm represents timber, draws and thick, overgrown pasture areas which are ideal for whitetail deer, wild turkey & other wildlife habitat.
  • Access is along the east side by 1800 E.
  • Please note: the CRP on this tract will need to be re-seeded, please contact auction company for details.
The purchase agreement will be adjusted to a quantity of 114.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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$3,650.00 x 114 = $416,100.00 Total

Tract 2 - 28.49 Surveyed Acres

Lot # 2 (Sale Order: 3 of 4)      

Quantity: 28

Tract 2 - 28.49 Surveyed Acres

  • FSA figures indicate 23.10 acres of cropland, currently enrolled in CRP at a payment rate of $236.71 per acre for a total annual payment of $5,468.
  • PI Rating on cropland acres: 106.7
  • Soil types include Rozetta, Fayette & Elco-Atlas
  • The balance represents pasture land
  • Improvements include a smaller, 2-bedroom, 1-bath home equipped w/ all electric HVAC, well water & a newer septic system. Other improvements include an older pole building & an old house (in disrepair)
  • This piece would make a nice addition to Tract 1 as a hunting cabin along with extra income producing CRP acres!
  • Access is along the west side by 1800 E.
  • Please note: the CRP on this tract will need to be re-seeded, please contact auction company for details.
The purchase agreement will be adjusted to a quantity of 28.49 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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$4,250.00 x 28 = $119,000.00 Total

Tract 3 - Commercial Building & 1.5 Acres+/- in Biggsville, IL

Lot # 3 (Sale Order: 4 of 4)      


Tract 3 - Commercial Building & 1.5 Acres+/- in Biggsville, IL

  • Formerly Scott Equipment's headquarters, this commercial building offers many potential uses.
  • The shop is approx. 40'x 45' which includes an overhead door on the north side & also has a restroom.
  • There is a store-front that measures approx. 25' x 35'. The storefront contains an open display/common area with large windows overlooking the road to the north. There is also a small office area behind a counter in the storefront.
  • The property is served by well water, LP gas forced air heat, a/c, owned septic tank & has 3-phase run, but is not hooked up.
  • Potential uses are endless - retail store, car/equipment dealership, restaurant, repair shop, etc.
  • The 1.5 Acres+/- include a large, partially graveled area to the east of the building.
  • Access is along the north side by Old Route 34/ 1500 N.
This tract will sell as a lump sum amount.
 
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