Land Auction · 48.14 Acres with Homesite Potential · Greene County, Illinois

Auction Date: Friday, February 8 @ 11:00AM

Auction Location: Seton Hall, 125 S. Main St., White Hall

Land Auction · 48.14 Acres with Homesite Potential · Greene County, Illinois

SOLD for $170,000. Ideal size, diversity and access for a tract of land suitable to many hobbies! Located just minutes East of Hillview in rural Northwestern Greene County, this 48.14± acre tract has potential in numerous areas. The farm generates revenue from 8.24 tillable acres and 12 acres enrolled in CRP. The CRP contract pays $2,059 annually and runs through 2022. Hunting and recreational opportunities are nestled among the timbered acreage as the farm moves North onto the bluff. An older 3 bed/1 bath home is located on the property and is selling “AS IS.” The existing structure could be refurbished or there is plenty of room for new construction, if desired. Electricity is on-site. Rural water is planned to come through in 2019.

To learn more about this tract that has many possibilities, call Managing Broker, Luke Worrell, at 217.245.1618.

Property Location: Northwestern Greene County, 2 miles East of Hillview in Section 26-T12N-R13W

Taxes: $1,438.46

PI (for tillable acreage):
128

Primary Soil Type:
Wakeland Silt Loam

Possession:
At closing

Seller:
Administrator of the Quintin Newton Estate

Representing Attorney: Richard Gillingham, Carrollton, 217.942.5244

Sales Terms Summary:
Upon conclusion of auction, Seller 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 March 25, 2019. Possession will be given at closing. The property is free of any tenant’s rights for 2019. Seller will convey by Administrator’s Deed, and will furnish title insurance in amount of the purchase price. Seller will pay the 2018 real estate taxes payable in 2019 by giving Buyer(s) a credit against the purchase price. 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 Quinton Newton Estate 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 Seller’s approval. The property is being sold by the acre. Auctioneer reserves the right to set the bid increments. Seller is 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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Luke Worrell is the Managing Broker for Worrell Land Services, LLC.