CHAMPAIGN COUNTY, IL LAND AUCTION - KERNS

Wednesday, December 11, 2024 - 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

Champaign County, Illinois

The Kerns farm is located 3 miles north of Sadorus, IL or 9 miles southwest of Champaign, IL. It is further described as being located in Section 19, T18N-R8E, Tolono Township, Champaign County, Illinois.

SELLER

Judith Kerns Trust

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

66.3 taxable acres 1 tract

The Kerns farm contains high Class A soils. This is an excellent opportunity for farmers and investors to purchase a highly desirable Champaign County, IL farm.

TRACT INFORMATION

66.3 taxable acres

FSA records indicate 64.76 NHEL cropland acres

Productivity Index (PI): 143.1

Soil types include Drummer and Flanagan

Over 97% Class A soils!

Excellent drainage outlet available

Access along the north side from 900N Rd and along the west side from 600E Rd

REAL ESTATE TAX INFORMATION

PIN 29-26-19-100-002 - 66.3A - $3227.72

Includes $397.50 drainage assessment

SOIL TEST RESULTS

PH - 5.9

P - 45#/A

K - 181#/A

METHOD & TERMS

The Kerns farm will be sold on a price per acre basis, based on taxable acres.

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 Friday, January 10, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Possession at closing subject to an existing lease for the 2024 crop year ending February 28, 2025. Open lease for 2025 crop year.

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.

Judith Kerns Trust

Representing Attorney:

Hannah Wince | Klaus, LeFebvre & Wince LLP

7 N Main St., Villa Grove, IL 61956 | (217) 832-3701

Auction Manager:

Kevin Haas (309) 264-7767