Russell Hill Farm Auction

Real Estate

Location: 706 N. Main St., Liberty, IL

The Hill farm is located approximately 10 miles southeast of Liberty, IL, near the small village of Beverly. Beverly is located approximately 10 miles northeast of Barry, IL. The farm is further described as being located in Sections 22 & 27, T3S – R5W, Beverly Township, Adams County, IL.

10 a.m. Tuesday, November 5th, 2019
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This listing posted on 10-9-19, for more photos and updates CLICK HERE.

TRACT INFORMATION

Tract 1 – 34.09 Surveyed Acres

  • FSA figures indicate a total of 29.33 acres of cropland.  Approx. 17.17 acres are currently in row crop production.  The balance of the cropland acres represent pastureland.
  • PI Rating: 112.1
  • Soil types include Bunkum, Emery & Clarksdale
  • There is a pond and a creek that runs through the property which offers water supply for livestock.
  • Access is along the north side by N 250th Ave.
     

Tract 2 – 86.96 Surveyed Acres

  • FSA figures indicate 72.66 acres of cropland currently in row crop production.
  • PI Rating: 110.6
  • Soil types include Emery, Keswick, Timewell, Bunkum, Downsouth & Clarksdale
  • The balance of the tract represents waterways & a small amount of timbered draws
  • Access is along the north side by N 250th Ave.
     

Tract 3 – 124.90 Surveyed Acres
FSA figures indicate 113.14 acres of cropland currently in row crop production.
PI Rating: 113.6
Soil types include Emery, Timewell, Ipava, Keswick, Clarksdale & Bunkum
The balance of the tract represents waterways & a small amount of timbered draws
There is a grass road that runs along the east side of this tract which allows for access to the southern portion of the tract.
Access is along the north side by N 250th Ave.
 

Tract 4 – 56.41 Surveyed Acres

  • FSA figures indicate 53.56 acres of cropland currently in row crop production.
  • PI Rating: 111.4
  • Soil types include Timewell, Ipava, Emery, Bunkum, Keswick, Winfield & Clarksdale
  • There is a pond and a couple of waterways located on this tract.
  • Access is along the south side by N 250th Ave.
     

Tract 5 – 25.93 Surveyed Acres, Country Home & Outbuildings

  • Improved with a 2-bedroom country home, this small tract has a lot of potential
  • The 25.93 acres consists of about half pastureland and half thick timber which offers recreational & hunting potential.
  • This tract is also improved with a 54’x 34′ machine shed w/ a heated shop area & a large barn.
  • The home is equipped with ABS Rural water, Central air & LP gas forced air heat.
  • The tract also has well water available to the machine shed & barn.
  • Open House: Wed., Oct. 16th • 4:30 – 6:00 P.M.
  • Access is along the south side by N 250th Ave.
     

METHOD & TERMS

  • The Hill farm has recently been surveyed.  Tracts 1-4 will sell on a price per acre basis and 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 and will be sold for the “lump sum” total dollar amount.  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 Thursday, December 5, 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”.

Known Locally as the Russell Hill Farm
Kent R. Hill – Owner

 

 

Representing Attorney: Steven E. Siebers, Scholz, Loos, Palmer, Siebers & Duesterhaus LLP, 625 Vermont St., Quincy, IL 62301, PH (217) 223-3444

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Russell Hill Farm Auction

For more information, call:
Michael Sullivan (309) 333-0916 or John Borrowman (217) 430-0645


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Questions about this auction? Phone 217.847.2160 or email our office at [email protected].

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Sullivan Auctioneers, LLC

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