Launer Farm Auction

Location: 1066 East US Hwy 136, Hamilton, IL
Auction to be held at Sullivan Auction Site
2 PM Thursday November 8th, 2018
REAL ESTATE
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This listing posted Oct. 15; for updates or more photos and info, CLICK HERE


HANCOCK COUNTY, IL LAND AUCTION
80 Acres± – 1 Tract

 
The Launer farm is located 3 miles north of Elvaston, IL and is further described as being located in the South Half of the Northeast Quarter of Section 7, T5N – R7W, Prairie Township, Hancock County, IL.
 
TRACT INFORMATION
 
  • FSA figures indicate 75 acres of cropland currently in row crop production
  • The balance is in well maintained waterways
  • PI Rating: 134.6
  • Productive soil types include Ipava, Rubio, Keller & Buckhart
  • Access is along the east side by N County Rd 1400
 
METHOD & TERMS

The Launer farm will be sold on a price per acre basis, based on 80 taxable acres. Immediately following the auction, the successful buyer(s) will be required to enter into a written Purchase Agreement with the sellers and pay 10% of the bid price. The balance of the bid price will be due at the time of closing,­ scheduled on or before Tuesday, January 8, 2019. An owner’s policy of title insurance in the full amount of the purchase price will be provided by the seller. Purchase Agreement may be inspected prior to the auction by contact the attorney for the sellers, Thomas F. Hartzell (217) 357-3121. The 2018 real estate taxes, due and payable in 2019, will be paid by the seller based upon the most recent available tax statement. The 2019 real estate taxes & subsequent years will be paid by the new buyer. Full possession will be given at the time of closing, subject only to the current tenant in possession for the 2018 crop year. Farm sells free and clear for 2019.
 
Eldon & Doris Launer
 
Representing Attorney: Thomas F. Hartzell, Hartzell, Tucker & Hartzell, 608 Wabash Ave., Carthage IL 62321. Phone: (217) 357-3121.
 
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”.

Launer Farm Auction

For more information, call:
Auction Manager: Michael Sullivan (309) 333-0916



or email Our Office at [email protected]
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