Sangamon Co. Land Auction
William & John Hood Farm
NEWLY SURVEYED ACRES is 100.151+/- as of 5.26.22 (sold in 1 tract) located at:
14555 Darnell Rd.
Mechanicsburg, IL 62545
LIVE AND ONLINE AUCTION. Visit Hood Farm to register and bid online.
TAXES:
Parcel # 24-01.0-100-005
$4698.90 subject to reassessment
NOTE: New Buyer(s) will receive this year’s cash lease to be paid in January 2023.
BRIEF LEGAL:
The North Half of the Northwest Quarter of Section One (1), except the West 16 acres thereof; all in Township Fifteen (15) North, Range Three (3) West of the Third Principal Meridian.
AVERAGE SOIL TEST RESULTS:
pH 6.1 P1 53 K 322
SOIL TYPES:
Sable silty clay, Ipava silt loam, Buckhart silt loam, Clarksdale silt loam and Rozetta silt loam.
YIELD HISTORY:
| Year | CORN | SOYBEANS |
| 2021 | – | 76 |
| 2020 | 229 | – |
| 2019 | – | 69 |
| 2018 | 259 | – |
| 2017 | – | 71 |
| 2016 | 225 | – |
| 2015 | – | 77 |
| 2014 | 252 | – |
Terms and Conditions
The farm will be sold on a price per acre basis according to the latest tax record. Buyer(s) will enter into a non-negotiable written contract on the day of the auction. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing. Sellers shall pay the 2021 real estate taxes payable in 2022. Buyer(s) shall pay the 2022 real estate taxes payable in 2023 and all subsequent years. Sellers will provide title insurance in the amount of the purchase price subject to the permitted exceptions and the title company's usual and customary exceptions. Possession will be given at the time of closing with full possession given after harvest is completed. The Sellers are prepared to close immediately. Closing will be on or before July 14, 2022. Property is being sold subject to owner confirmation. The Sellers agree to participate in a 1031 like kind exchange.
All announcements sale day shall take precedence over any prior advertising whether written, oral or electronic. 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 and are for demonstration purposes. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is” subject to all easements written or unknown. Seller’s interest in mineral rights will be conveyed. Buyers MUST have financing arranged prior to sale day.
Payment
Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing.
Disclosure of Owner Names
William & John Hood
Contact Information
Aron Cowman 217-473-4840
Ron Cowman 217-473-7550
Soils_MapAuction Date
June 14, 2022
Auction Start Time
10:00 a.m.
Auction Location
Buffalo Fire Department, 114 S. Wells Street Buffalo, IL 62515
Directions
Approximately 1.5 miles south of Mechanicsburg on CR 19 to Darnell Rd., then east 1.5 miles.
Additional Information
New Buyer(s) will receive this year's cash lease to be paid in January 2023.
100' easement will be given.
Newly surveyed acres is 100.151 +/- as of 5.26.22