Henderson County, Illinois LAND AUCTION

Biggsville, Illinois

Tracts #1- 6 are generally located 2 ½ miles west of Biggsville on Old Highway 34.

Tract #7 is located 2 miles north of Biggsville on Highway 94, then 1 ½ miles west on 1700N(which curves north into 1550E), then ¼ mile north on 1550E.

Auction to be held at the Village of Biggsville American Legion Hall, 206 Main Street, Biggsville, IL

288.59 Acres M/L – SELLS IN 7 TRACTS  

Auctioneer’s Note: Steffes Group is honored to be chosen to sell the Merri Fillman Estate land at public auction.  This will be an offering of highly productive land in the Biggsville area!

“Selling Choice with the Privilege”

Tracts #1-4 & #7 will be sold price per acre, Tracts #5 & 6 will be sold lump sum price.  Tracts #1-4 & #7 will be sold Choice with the Privilege, whereas the high bidder may choose Tract #1, Tract #2, Tract #3, Tract #4 or Tract #7 or any combination of tracts times their high bid.  Once this is completed, Tracts #5 & 6 will be sold.  Tracts will not be recombined. 

LAND SOLD FOR: 

TRACT #1 - $10,600 x 61.38 = $650,628.00
TRACT #2 - $10,900 x 74.57 = $812,813.00
TRACT #3 - $5,900 x 59.03 = $348,277.00
TRACT #4 - $5,900 x 46.5 = $274,350.00
TRACT #5 - $31,000.00
TRACT #6 - $55,000.00
TRACT #7 - $11,500 x 40.61 = $467,015.00
TOTAL: $2,639,083.00

Tract #1 – 61.38 Surveyed Acres

FSA information: 61.80 acres tillable
PI Rating: 145.8
Productive soils include: Muscatune & Sable
Located in Section 24, Gladstone Township, Henderson County, Illinois.

Tract #2 – 74.57 Surveyed Acres

Approx. 77 acres tillable
PI Rating: 143.7
Productive soils include: Muscatune, Sable, Rozetta & Greenbush
Located in Section 24, Gladstone Township, Henderson County, Illinois.

Tract #3 – 59.03 Taxable Acres M/L

Approx. 43 acres tillable, balance being timber.
PI Rating: 119.7
Productive soils include: Rozetta, Stronghurst & Muscatune
Located in Section 13, Gladstone Township, Henderson County, Illinois.

Tract #4 – 46.5 Taxable Acres M/L

Approx. 32 acres tillable, balance being timber & a pond.
PI Rating: 116.6
Productive soils include: Rozetta & Greenbush
Located in Section 13, Gladstone Township, Henderson County, Illinois.

Tract #5 – 5 Taxable Acres M/L

Address is 1451 Old Highway 34, Biggsville, IL
This is a potential building site on Old Highway 34 with an older barn & a well with a pump house (owner states well used every year for spraying), all on a hard surface road.

Tract #6 – 1.50 Surveyed Acres

This grain bin site has four approx.. 10,000 bu. Conrad American grain bins with unload augers & stairways.  Two bins have natural gas dryers with an upper cross auger.  The other two bins have fans.

Tract #7 – 40.61 Taxable Acres M/L

FSA information: 40.59 acres tillable
PI Rating: 142.5
Productive soils include: Muscatune, Sable & Seaton
Located in Section 6, Biggsville Township, Henderson County, Illinois.

Terms: 10% down payment of the bid price on October 28, 2019.  Balance of the bid price due at closing with a projected date of December 12, 2019.  Personal check or cash is acceptable for down payment; balance shall be paid by cash, certified check or wire transfer. 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 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 farm lease.  Farm sells free & clear for the 2020 crop year. Immediately following the auction of the real estate, the successful buyer(s) shall enter into a written contract with the seller.  Said contracts will be available for review prior to the auction.

Special Provisions:

• The seller has served termination to the tenant on the tillable ground and is selling free and clear for the 2020 farming season.
• It shall be the obligation of the buyer(s) to report to the Henderson County FSA office and show filed deed(s) in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.  Please note that the final tillable acres will be determined by the FSA office.
• Tracts #1, 2 & 6 will be surveyed by a registered land surveyor and surveyed acres will be the multiplier for Tracts #1 & 2.  Seller shall not be obligated to furnish a survey on any other Tracts.  Tracts #3, 4 & 7 the taxable acres will be the multiplier.  Tracts #5 & 6 will be sold lump sum price.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• The buyer(s) shall be responsible for any fencing in accordance with Illinois state law.
• The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
• If in the future a site clean-up is required it shall be at the expense of the buyer(s).
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Merri F. Fillman Estate & James Dixon
Closing & Representing Attorney – Sara L. Haas
Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C.
321 North Third Street, Third Floor, P.O. Box 1046, Burlington, Iowa 52601
319.576.7515

Tim Meyer: Illinois Licensed Auctioneer #441.001748 - Illinois RE Managing Broker #471.006809. 2245 East Bluegrass Road, Mt. Pleasant, IA