Mary V. Thomas Revocable Living Trust Auction

Real Estate

Location: 415 W Adams Street, Havana, IL

The Mary V. Thomas Revocable Living Trust is located in Sections 16, 17 & 18, T20N•R8W, Kilbourne Township and Sections 20 & 21, T20N•R7W, Crane Creek Township, Mason County, IL.Tracts 1-4 are located a short distance north of Kilbourne, IL and represent tillable cropland, timber acres, machine shed & an older home. Tract 5 is located approx. 5 miles east of Kilbourne.

11 a.m. Saturday, November 2nd, 2019
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This listing posted on 10-7-19, for more photos and updates CLICK HERE.

TRACT INFORMATION

Tract 1 – 40 Acres±

  • FSA figures indicate 39.58 acres of NHEL cropland currently in row crop production
  • PI Rating: 109
  • Soil types include Onarga, Ridgeville, Ade & Watseka
  • The pivot that is located on this tract is not owned by our sellers and is not being conveyed with this tract.
  • Access is along the north side by 800N
     

Tract 2 – 38 Acres± (Subject to Survey)

  • FSA figures should indicate approx. 33 acres of cropland currently in row crop production
  • PI Rating: 96.5
  • Soil types include Disco, Ade, Plainfield & Sparta
  • The pivot that is located on this tract is not owned by our sellers and is not being conveyed with this tract.
  • The balance of this tract represents timber in the northeast corner
  • Access is along the south side by 800N
     

Tract 3 – 40 Acres± (Subject to Survey)

  • FSA figures should indicate approx. 12 acres of NHEL cropland
  • The balance of the farm represents timber & thick wildlife habitat which offer excellent hunting/recreational opportunities
  • This tract is improved with a 60’x 38′ Morton machine shed, a 2-story home & a few other outbuildings
  • Access is along the south side by 800N & along the east side by Hwy 97
     

Tract 4 – 12 Acres±

  • FSA figures indicate 12 acres of NHEL cropland currently in row crop production
  • PI Rating: 97.2
  • Soil types include Bloomfield, Onarga & Ade
  • Access is along the west side by Hwy 97
     

Tract 5 – 60 Acres±

  • FSA figures indicate 25.96 acres of NHEL cropland currently in row crop production
  • PI Rating: 109.2
  • Predominantly Alvin soil types
  • The balance of the farm represents timber & thick wildlife habitat which provides excellent whitetail deer & other wildlife hunting
  • Access is along the north side by 750N & along the west side by 2380E
     

 

METHOD & TERMS

  • The Thomas farm will be offered in 5 tracts and all tracts will be sold on a price per acre basis. Tracts 2 & 3 are currently being surveyed. Tracts 1, 4 & 5 are not being surveyed and will be sold based on taxable acres. Tracts 1-4 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect, in any order, any or all tracts 1-4 for their high bid. “Buyer’s Choice” auctioning will continue until tracts 1-4 have been purchased. Tract 5 will be sold individually. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
  • Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Tuesday, December 3, 2019. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant’s rights. The farm sells free & clear for the 2020 crop year.
  • All announcements sale day shall take precedence over any 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. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

 Mary V. Thomas Revocable Living Trust
Rachel M. Tyler – Trustee

 

Representing Attorney: Charles Kim Smith, Attorney at Law, 113 E. Douglas St., Petersburg, IL 62675, PH (217) 632-7750

Mary V. Thomas Revocable Living Trust Auction


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