273.58 Acre Land Auction · 3 Tracts · Morgan & Scott Counties

Auction Date: Friday, November 3 · 11:00AM

Auction Location: Nimrod Funk Building, 401 N. Walnut, Winchester IL

273.58 Acre Land Auction · 3 Tracts · Morgan & Scott Counties

Tract 1 – 84.85 Acres in Scott County, Illinois

An 84.85 acre tract that is an excellent producer. The farm is 95% tillable with 80.94 acres that carry an average PI rating of 123.3. The tillable acreage is split between two fields, both of which have drainage improvements with basins and dry dams. Additional tile outlets are present. This tract also has excellent access with road frontage along the entire Southern and Western boundaries. A very attractive piece in a strong Scott County farming community!

Taxes: $1,594.18
Location: 5 miles East of Winchester in 13-14N-12W

Tract 2 – 28.28 Acres in Scott County, Illinois

A small and diverse tract that has a lot to offer, including home-site potential. Of the 28.28 taxable acres, 19.64 acres are tillable, making it 69% income-producing. The cropped portion of the farm has excellent access, sitting just South of the Woodson-Winchester Blacktop. The acreage tapers South and transitions into recreational and hunting acreage. This unique tract of land is in a great location and could be taken many directions depending on the buyer’s wishes.

Taxes: $91.26
Location: 5 miles East of Winchester in 31-14N-11W

Tract 3 – 160.45 Acres in Southern Morgan County, Illinois

Combination farms like this aren’t often available – a good-sized tract with 63% of its acreage being income-producing. The tillable acreage is all in one contiguous field. A strong CRP rate and excellent timber, as well. What more could you want?! This is a great package for those who are in the market for a farm that can serve as a recreational escape, as well as an income-producer.

This 160.45 acre tract has mature woodland and offers seclusion in Southern Morgan County along Capps Road. Approximately 93.96 acres are in cropland, giving this recreational/hunting-centric piece a strong revenue stream. In addition to the farmed acreage, a CRP contract is in place for 6.44 acres at a rate of $329/acre through 2029. The tract is subject to an access easement across a portion of the premises.

Taxes: To be determined
Location: 3 miles South of Murrayville in 25&36-13N-11W

 

Seller: Beulah S. Coats 2009 Trust

Representing Attorney:
Richard R. Freeman
Rammelkamp Bradney, P.C.
232 West State Street
Jacksonville, IL 62650
Phone: 217.245.6177

Sales Terms: Upon conclusion of auction, Sellers and Buyer(s) shall enter into a Purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before December 4, 2017. Possession will be given at closing or upon removal of 2017 crops. The property is free of any tenant’s rights for 2018. Seller will convey by Trustees’ Deed, and will furnish title insurance in amount of the purchase price. Sellers will pay the 2017 real estate taxes payable in 2018 by giving Buyer(s) a credit against the purchase price or by tax escrow. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Seller’s agent for the Beulah S. Coats 2009 Trust and is not representing any Buyer(s). The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Sellers’ approval. The property is being sold by the acre. Each tract to be sold separately and not offered back in any combination. Auctioneer reserves the right to set the bid increments. Sellers are not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to these properties. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

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Allan Worrell is the Managing Broker for Worrell Land Services, LLC.