Auction Information
Online Bidding SiteSCHUYLER COUNTY, IL LAND AUCTION - MARTIN
SCHUYLER COUNTY, IL LAND AUCTION - MARTIN
Friday, January 24, 2025 - 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
Schuyler County, Illinois
The Martin farm real estate is ideally located approximately 3 miles west of Rushville, IL along the Rushville to Camden Road (25 miles south of Macomb, or 40 miles northwest of Jacksonville, or 50 miles east of Quincy, IL). The property is further described as being located in part of Section 16, T2N-R2W, Buena Vista Township, Schuyler County, Illinois.
SELLER
Jack and Shelly Martin
MANAGED BY
John Sullivan (309) 221-6700
GENERAL INFORMATION
176 acres (subject to survey) 3 tracts
The land contains 176 acres (subject to survey) and will be sold in 3 tracts. Tract 1 is nearly all-tillable with Class A soils, Tract 2 is a...
The land contains 176 acres (subject to survey) and will be sold in 3 tracts. Tract 1 is nearly all-tillable with Class A soils, Tract 2 is all-tillable with productive soils and Tract 3 is mostly wooded land with some tillable acres and offers excellent hunting and outdoor recreational opportunities.
Farmers, investors and outdoor enthusiasts - be sure to check out these investment quality tracts of land.
TRACT INFORMATION
TRACT 1 - 55 acres (subject to survey)
FSA maps indicate 51.25 NHEL cropland acres
Productivity Index: 134.8 (Class A)
Soil types include Ipava and Clarksdale
The balance of the acres is a grass and wooded waterway
The Rushville to Camden Blacktop Road borders along the south side
TRACT 2 - 37 acres (subject to survey)
FSA maps indicate 35.32 NHEL cropland acres
Productivity Index: 114.5 (tillable acres)
Soil types include Rozetta and Keomah
The balance of the acres is grass waterways
Stoney Branch Road borders along the north side
TRACT 3 - 84 acres (subject to survey)
Nearly all wooded with mature trees
Excellent hunting and outdoor recreational opportunities
FSA maps indicate 6.59 NHEL cropland acres
Productivity Index: 114.5 (tillable acres)
Soil types include Rozetta and Keomah
This tract has recently been logged
Access from the north via deeded strip along the west side of Tract 2 (from Stoney Branch Road)
METHOD & TERMS
All 3 tracts will be sold individually, on a price per acre basis, based on the surveyed acres. The tracts will NOT be offered in their entirety at the conclusion of the auction.
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 February 24, 2025.
The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due and payable in 2025. The cropland acres sell subject to a cash rent tenancy for the 2025 crop year (contact auction manager for further details). 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.
Jack and Shelly Martin
Representing Attorney:
John McMillan | McMillan, Hennenfent & DeJoode, PC
402 E Jackson St, Macomb, IL 61455 | (309) 837-2904
Auction Manager:
John Sullivan (309) 221-6700
Map
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