Tazewell County, IL Land Auction – Koch

Koch Calendar

Thursday, March 02, 2023 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Tazewell County, Illinois

The Ruth M. Koch farm is located approximately 5 miles north of Delavan, Illinois or 16 miles southwest of Morton, Illinois. The property is further described as being located in Section 23, T23N-R4W, Dillon Township, Tazewell County, Illinois.

Koch Calendar

Seller

Ruth M. Koch Estate
Steven Beutel, Co-Executor
Nathan Koch, Co-Executor

Managed By

Kevin Haas (309) 264-7767

General Information

100 Taxable Acres± • 1 Tract

The real estate contains a total of 100 taxable acres, will be sold in 1 tract, and represents a combination of productive tillable cropland and mature timber with excellent building sites. Farmers and outdoor enthusiasts, be sure to check out this Tazewell County, Illinois property.

Tract Information

  • FSA map indicates 68.9 NHEL cropland acres
  • Productivity Index (PI): 116.1
  • Soil types include Rozetta, Stronghurst, Senachwine-Hennepin and Sable
  • Access along the west side from Springfield Rd and along
    the south & east sides from Tullamore Rd

Method & Terms

The Ruth M. Koch farm will be sold on a price per acre basis, based on 100 taxable acres.

Immediately following the auction, the successful buyer 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 closing. The balance of the purchase price will be due at closing which will take place on or before Monday, April 3, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing. The property sells free and clear of tenancy for 2023 and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our 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”.

FSA INFORMATION

Note:  There are no longer any CRP acres on this farm.  The CRP contract was recently cancelled.

REAL ESTATE TAX INFORMATION

PIN 17-17-23-100-002 - 100.0A - $1855.76

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Ruth M. Koch Estate
Steven Beutel, Co-Executor
Nathan Koch, Co-Executor

 

Representing Attorney:

Justin Stoller | Stoller Law Office

15 W Front Street, El Paso IL, 61738 | (309) 527-4300

 

Auction Manager:

Kevin Haas (309) 264-7767