Mike Sullivan Land Sales - Hancock & Schuyler County IL Real Estate Auction
Mike Sullivan Land Sales - Hancock & Schuyler County IL Real Estate Auction

Hancock & Schuyler County IL Real Estate Auction

Tuesday, November 23 at 10:00 am

 

 

SCHUYLER & HANCOCK COUNTY, IL

REAL ESTATE AUCTION

346.69 ACRES & AUGUSTA, IL HOME

 

TUESDAY, NOVEMBER 23, 2021 • 10:00 AM

AUCTION TO BE CONDUCTED AT "RUDY'S CAFE", IN AUGUSTA, IL

SOLD

AUCTION RESULTS

 

Surveyed Acres

Price Per Acre

Total

TRACT 1

82.34 acres

 $    9,000.00 per ac.

 $  741,060.00

TRACT 2

99.71 acres

 $    8,200.00 per ac.

 $  817,622.00

TRACT 3

103.06 acres

 $    6,000.00 per ac.

 $  618,360.00

TRACT 4

61.58 acres

 $    4,400.00 per ac.

 $  270,952.00

Residential

Real Estate

 

 

 $  84,000.00

 

 

AUCTION TOTAL

$  2,531,994.00

LOCATION & GENERAL INFORMATION

The Green land is located in Schuyler and Hancock Counties. From Augusta, IL take Highway 101 approximately 2 miles east to Schuyler County Road 50E (Tower Road), then south 1 1/2 miles to Tract 1. Tracts 2, 3, & 4 are located 3/4 mile south of Highway 101 on Tower Road to Highland Road and then west. The residential real estate is located 1 block east of the 4-way stop, at 702 Main Street in Augusta, IL. The 4 tracts of land will be sold individually and in the order listed, followed by the Augusta home. The land sells subject to a rowcrop and pasture lease for 2022, with the buyers receiving the cash rent. Contact Auction Co for details. Hunting rights will be given at closing.

 

TRACT 1 - 82.34 surveyed acres located in the N1/2 of the NE1/4 of Section 31 of Birmingham Township. There are 75 acres tillable (35 acres NHEL & 40 acres HEL), with the balance being a wooded draw. Soil types are Timewell, Keller, Ipava and Osco, with a 127 PI. Tower Road borders the west side and Union Road borders the north side.

 

TRACT 2 - 99.71 surveyed acres being part of the NW1/4 of Section 30 of Birmingham Township, Schuyler County and part of the NE1/4 of Section 25 of Augusta Township, Hancock County. There are over 80 acres tillable (all NHEL), with mostly Keomah, Timewell, and Clarksdale soils, and a 126 PI. The balance is pasture and a few acres of timber. Highland Road borders the south side.

 

TRACT 3 - 103.06 surveyed acres situated in the E1/2 of the NW1/4 of Section 30, Birmingham Township, Schuyler County. This tract has 36 tillable acres (all NHEL), with Keomah, Clarksdale and Fishhook soils and a 115 PI. There are 59 acres of rolling pasture and 8 acres of timber. It's improved with a machine shed and an older barn. Clayton-Camp Point Water is on this property with a meter on the east side. Tower Road borders the east side and Highland Road borders the south.

 

TRACT 4 - 61.58 surveyed acres being part of NW1/4 of Section 30 of Birmingham Township, Schuyler County and part of the NE1/4 of Section 25 of Augusta Township, Hancock County. This tract is mostly timber with excellent hunting. It partially borders IL DNR property and Williams Creek winds through it. There are 12 tillable acres. Road 3080E borders the west side and Highland Road borders the south.

 

RESIDENTIAL PROPERTY - Located at 702 Main Street in Augusta, IL. This property is improved with a very nice, 1178 sq. ft., single story home. Features include 2 bedrooms, 1 bath, single car attached garage, crawl space, newer heat pump and recently replaced roof. The front of the home is brick and the approach to the garage is concrete. There will be an Open House on Sunday, October 31st and Sunday, November 7th, from 11am to 1pm both days, or call to set up a private showing.

 

METHOD & TERMS OF SALE

The farm tracts will be sold on a price per acre basis using the completed survey figures. They will be offered individually and each sale will be final. The tracts will not be offered in combination. All 4 tracts sell subject to a farm lease for the year 2022 with the buyers receiving the cash rent. This includes the rowcrop and pasture land. Full hunting rights will be conveyed at closing. The residential property will be sold for a total dollar amount and full possession will be given. Ten percent of the bid price to be paid on sale day with the balance due on or before January 7, 2022. Title Insurance in the amount of the purchase price will be provided. Seller will pay the 2021 real estate taxes due in 2022 with the buyers being responsible for all subsequent taxes. Immediately following the auction the successful buyers will be required to enter into a purchase contract with the seller. A copy of said agreement may be inspected prior to the auction by contacting Eric Icenogle, attorney for seller.

 

ALL ANNOUNCEMENTS MADE AT THE AUCTION

SHALL SUPERSEDE ANY PRIOR ADVERTISING.

 

PAULINE V. GREEN ESTATE

ATTORNEY FOR ESTATE - ERIC ICENOGLE

CAPPS, ANCELET, ICENOGLE & WALLACE

55 S. ADAMS, CARTHAGE, IL 62321   217-357-2107