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Jo L. Miller Trust U/A June 30, 2020
Subject Farm Descriptions
Farm Locations: These farms are located in Central Illinois, with tract 1 being just Southwest of Hume, Illinois and tract two West of Hume. OR East of Tuscola, IL about 20 miles or so.
Selling: 161.8 Taxable Acres in two tracts
Tract One This farm is located in section 14 of the West Part of Shiloh Township, Edgar County, Illinois. This is an un-improved tract comprised of 80.00 Acres. Topography is presented as a mostly level farm with no waterways and no open ditches. The farm is mostly rectangular and is made up of two 40-acre parcels; access is good with Highway 49 passing along the eastern boundary and 2000N passing along the Northern boundary.
A soil map is attached and reflects a weighted soil productivity index of 138.8 for 80.00 acres.
The current zoning for this property is classified as Farmland.
This farm will sell as one tract. Bidding will be “by the acre”. We will sell this property as 80.00 acres.
Parcel ID
Acres
2024 Taxes
2024 Tax Per Acre
12-06-14-100-003 12-06-14-100-004
40 40 80
1744.38 1640.36 3384.74
$ $ $
43.61 41.01 42.31
Totals
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Jo L. Miller Trust U/A June 30, 2020
Tract 1, 80.00
Acres
“Reproduced with permission of Rockford Map Publishers”
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Jo L. Miller Trust U/A June 30, 2020
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Jo L. Miller Trust U/A June 30, 2020
138.8 P.I.
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Jo L. Miller Trust U/A June 30, 2020
This tract is part of a larger farm, this portion pertains to tract 1.
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Farm Photos
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Jo L. Miller Trust U/A June 30, 2020
Tract Two: This farm is located in section 35 of the West Part of Young America Township, Edgar County, Illinois. This is an un-improved tract comprised of 81.80 Acres. Topography is presented as a mostly level to gently crowning farm with an open ditch crossing the southwestern portion of the property. Access is average to both the northern and southern portions of the farm with 350 th Street bordering the property to the West. This property does have the homestead dissected out along the western boundary, the homestead area is mostly rectangular in shape and encompasses a portion of the open ditch. The farm is mostly rectangular and is made up of two parcels, see details below.
A soil map is attached and reflects a weighted soil productivity index of 143.4 for the 81.80 acres.
The current zoning for this property is classified as Farmland.
This farm will sell as one tract. Bidding will be “by the acre”. We will offer this property as 81.80 acres.
Parcel ID
Acres
2024 Taxes
2024 Tax Per Acre
15-01-35-200-004 15-01-35-400-001
69.8
3423.67 600.54 4024.21
$ $ $
49.05 50.05 49.20
12
Totals
81.8
Brief Legal: PART OF THE SW1/4 NE1/4; SE1/4 NE1/4; PART OF THE NW1/4 SE1/4; PART OF THE NE1/4 SE1/4 OF SECTION 35, TOWNSHIP 16 NORTH, 14 WEST, EDGAR COUNTY, ILLINOIS
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Jo L. Miller Trust U/A June 30, 2020
Tract 2, 81.80 Acres
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Jo L. Miller Trust U/A June 30, 2020
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Photos Tract 2
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Jo L. Miller Trust U/A June 30, 2020
Terms & Conditions Auction Date & Location: Martin Auction Services, L.L.C. (“Auctioneer”) will offer the property for sale at public auction, the property is listed in this brochure. The Auctioneer will represent the Seller at this event. This auction will take place on Tuesday, July 29th at 10 A.M. at the Hume, IL Community Center, 101 Front St., Hume, IL. (Across the street from the Elevator.) Auction registration will begin at 9 a.m. Bidder Registration: All bidders will be required to register to bid at the auction. Please have pre-qualification documents submitted when registering to bid on either tract unless documents have been sent to our office. Auction Procedures: Conduct of the auction will be the sole discretion of the Auctioneer. This property will be bid on “by the acre”, the Auctioneer has the right to reject any bids and will be the final authority as to the bidding increments. Auctioneer reserves the right and authority to eject any person from the auction for any reasonable grounds deemed appropriate by the Auctioneer. Announcements made by the Auctioneer at the auction will supersede any prior written or oral information. Real Estate Sales Contract: The property is offered for sale on and subject to the terms and conditions contained in the Real Estate Sales Contract. A copy of the contract may be found on-line at www.martinauction.com or one may be obtained from the Auctioneer prior to the auction for review. The terms of the Sales Contract supersede any conflicting terms of sale contained herein. Bidders and their attorney should review the sales contract prior to the auction.
Winning Bidder: Each winning bidder will be required to
a.) place a non-refundable down-payment equal to 10% of the total purchase price of the land in the form of a check to the Auctioneer, b.) Enter into a Sales Contract with the seller for the prospective property. Closing of the auction will occur by August 29 th , 2025, unless otherwise mutually agreed upon by the Seller and Bidder. A title policy will be provided to the successful bidder at closing. See the contract for Possession details. c.) The Seller will pay the 2025 taxes as a credit at closing; the buyer will assume all taxes thereafter. The Seller will provide a title policy for the property. d.) The buyer will gain possession after the 2025 crop is removed. The 2025 crop is being retained by the Seller. Financing: This property is not contingent upon the Purchaser's ability to obtain financing.
Possession: 2026 farming rights are included.
Additional Information: Supporting property information is available from the Auction Company prior to the Auction. All data is believed to be correct but is subject to bidder verification. All items are subject to the terms found within the Real Estate Contract. Information contained within this brochure, any bidder information packages or the website has been obtained from the Seller and other sources deemed to be reliable. However, neither the Seller, Auctioneer nor their agents make any representations or warranties as to the accuracy or completeness of this information. Each prospective bidder must undertake and rely on his or her own investigation of the property. Exclusion of Property: Martin Auction Services, L.L.C. and the Seller reserves the right to withdraw any property before or during the auction, and to sell any property prior to the auction without notice. Additional Conditions: Seller and Auctioneer reserve the absolute right in their sole discretion to amend these procedures, terms, and conditions at or before the auction. To the extent there is any conflict between the provisions of these procedures, terms, and conditions as set forth herein and in any Sales Contract, the terms of the Contract shall govern. Auctioneer has the right, in his sole discretion to postpone, or cancel the auction in whole or in part and to modify or add any terms and conditions of the auction and to announce such modifications or additional terms and conditions prior to or during the auction. All bidders acknowledge that the Auctioneer does NOT have an ownership interest in the property and therefore all bidders acknowledge that the Auctioneer is NOT responsible for any actions or inactions by the Seller regarding the Sellers obligations under the Sales Contract. Except as expressly stated in this document, these procedures, terms and conditions do not create any legal obligations on auctioneer or the seller. If auctioneer or the seller fails to comply with any of these procedures, terms and conditions for any reason, neither the auctioneer nor the seller shall have any liability or obligation whatsoever. These procedures, terms and conditions nevertheless are binding upon and must be complied with by any person or entity submitting a bid. The Seller will be bound only by the provisions of the actual Sales Contract as and when executed and delivered by each party thereto. All attached images and maps are not to scale and should not be relied upon for any true measurements or boundary lines. P.I Chart shows approximate acres and approximate weighted productivity index as described by the University of Illinois. All maps are not to scale, any information used is considered to be correct, however, it is 100% up to the bidder or buyer to make their own inspections and verify any data presented.
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