Greene County, IL Land Auction - Carlson/Hembrough
Tuesday, August 31, 2021 | 1:00 PM Central
Auction closed.
Greene County, IL Land Auction - Carlson/Hembrough
Tuesday, August 31, 2021 | 1:00 PM Central
Auction closed.
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See Special Terms for additional fees
See Special Terms for additional fees
Description
76.9 Surved Acres+/- to be sold in 1 tract
Farmers and investors, The Carlson/Hembrough farm offers a tremendous opportunity to purchase an all tillable, well cared for Class A farm that has been pattern tiled.
The Carlson/Hembrough farm contains 76.9 surveyed acres and will be sold in 1-tract. The land is located approximately 4 ½ miles southeast of Greenfield, IL. From the south edge of Greenfield, take Highway 267 south 2 miles to Highway 108, then east 2 ½ miles to the farm (15 miles west of Carlinville, 25 miles northeast of Jerseyville, or 30 miles south of Jacksonville, IL). The property is further described as being located in the Southeast Quarter of the Southeast Quarter and the Southwest Quarter of the Southeast Quarter, all in Section 13, T10N-R10W, Rockbridge Township, Greene County, IL.
Auction Managers:
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700
Farmers and investors, The Carlson/Hembrough farm offers a tremendous opportunity to purchase an all tillable, well cared for Class A farm that has been pattern tiled.
The Carlson/Hembrough farm contains 76.9 surveyed acres and will be sold in 1-tract. The land is located approximately 4 ½ miles southeast of Greenfield, IL. From the south edge of Greenfield, take Highway 267 south 2 miles to Highway 108, then east 2 ½ miles to the farm (15 miles west of Carlinville, 25 miles northeast of Jerseyville, or 30 miles south of Jacksonville, IL). The property is further described as being located in the Southeast Quarter of the Southeast Quarter and the Southwest Quarter of the Southeast Quarter, all in Section 13, T10N-R10W, Rockbridge Township, Greene County, IL.
Auction Managers:
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700
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Method and 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 Carlson/Hembrough property will be sold by the acre based on the soon to be completed surveyed acres.
Immediately following the auction, the successful bidder 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 the closing. The balance of the purchase price will be due at closing which will be on or before October 1, 2021. The seller will pay the 2021 real estate taxes due and payable in 2022 and is retaining all the crop income for 2021. Title insurance in the full amount of the purchase price will be provided by the seller. Full possession will be given at the time of closing subject to the current crop tenancy for 2021 only.
Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our advertisements and 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, LLC pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW FSA INFORMATION
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW PURCHASE AGREEMENT - revised 8/30 to include surveyed legal description
Carlson/Hembrough Farm
Representing Attorney:
Elliott L. Turpin
Elliott L. Turpin Attorney at Law
325 S. 6th Street
Carrollton, IL 62016
(217) 942-5222
Auction Managers:
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700
Tract 1 - 76.9 Surveyed Acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 77
- 76.9 Surveyed Acres
- FSA maps indicate 79.4 cropland acres (NHEL)
- Soil Productivity Index (PI): 141.7 (Class A)
- Predominant soil types include Muscatune, Sable, Atterberry and Virden
- The farm has been pattern tiled (contact auction rep for details)
- Highway 108 borders the property on the south side and Route 8/NE 1475 Ave on the east side
The purchase agreement will be adjusted to a quantity of 76.9 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
$16,400.00 x 77 = $1,262,800.00 Total
