Hancock & McDonough County, IL Land Auction - Irish

Location & General Information

The Irish Farm is located approximately 4.5 miles southwest of Blandinsville, Illinois. Tract 1 is located in Section 24 of Fountain Green Township, Hancock County, Illinois. Tracts 2 and 3 are located in Section 19 of Hire Township, McDonough County, Illinois.

All 3 tracts represent productive tillable cropland.

Tract Information

Tract 1 • 80 Acres

FSA Figures indicate 78.23 acres of cropland (NHEL)
Productivity Index (PI): 132 (on the cropland acres)
Soil types include: Ipava, Virden, Keller, and Assumption
Access on the north by E. County Road 2100

Tract 2 • 45.32 Surveyed Acres

FSA Figures should indicate 39 acres of cropland
The balance of the cropland acres consists of waterways.
Productivity Index (PI): 122.5 (on the cropland acres)
Soil types include: Rozetta, Ipava, Clarksdale, Keomah, and Fishhook.
Access on the south by N. 1440th Road, on the east by County Road 50 East and on the west by County Road 25 E.

Tract 3 • 60.54 Surveyed Acres

FSA Figures should indicate 58 acres of cropland
Productivity Index (PI): 142 (Class A)
Soil types include: Ipava and Sable
Access on the west by County Road 25 E.

Method & Terms

The tracts will sell individually in numerical order. Each sale will be final. The 3 tracts will NOT be offered in their entirety at the end of the auction. Tract 1 will sell on a per acre basis based on 80 taxable acres. Tracts 2 and 3 will sell on a per acre basis based on a survey that is currently being completed (the seller will pay for the cost of said survey).

Bidding is NOT subject to financing, appraisal or inspection.

Immediately following the auction, the winning bidder(s) will be required to sign a real estate sales contract and pay ten (10%) of the purchase price as a non-refundable down payment.

The balance of the purchase price will be due at closing which will take place on or before January 10, 2023. Possession will be given at the time of closing subject to the current farm tenant in possession for the 2022 crop year. Farm will sell free and clear for the 2023 crop year.

The 2022 real estate taxes will be paid by the seller. All subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.

All announcements made sale day take precedence over 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. Buyer 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”.