Paul Handsaker/Managing Auctioneer
815.238.2187
Paul@DuncanLandandAuction.com
Ken Duncan/Managing Broker
815.631.0558
Ken@DuncanLandandAuction.com
© Duncan Land and Auction 2015
Information deemed reliable but not guaranteed.
Duncan Land and Auction and publisher disclaim any liablity in connection with the use of this information.
FARM LAND AUCTION!!!
Ken Duncan/Managing Broker
815.631.0558
Ken@DuncanLandandAuction.com
Paul Handsaker/Auctioneer
815.238.2187
P.Handsaker@Gmail.com
Rob Young/Auctioneer
815.632.8000
RobYoung@PrairieChoiceGrains.com
Mar 2nd 4 PM
Wenzel at Cedartone
Polo, IL
Public Auction with RESERVE - Ruth A. Wenzel Trustee Properties
LAND AUCTION - Saturday, March 2nd, 4 PM at The Cedarstone, 610 S Division Ave, Polo IL
Registration at 3:00, Auction at 4:00 PM sharp.
WENZEL FARM
Very Nice Class A farm located approximately 3.5 miles South of Polo, Il. on Rt. 26 and
W. Edgewood Road. Approximately 69.05 acres predominantly all tillable with excellent
soils and is available to farm for 2019! They do not get any nicer than piece of farm land!
Great soils! Great location! Easy to Farm!
TOTAL ACRES: 69.05 Approximate
TILLABLE ACRES: 66.00 Approximate
SOIL PI: 132.9 Greenbush Silt Loam, Osco Silt Loam, Birkbeck and Fayette Silt Loam
TAXES: Information coming soon
Final price is subject to final survey after auction.
AUCTION TERMS AND CONDITIONS
SALE LOCATION – Cedarstone, 610 S Division, Polo, IL
SALE DATE – March 2nd, 2019. Registration at 3 PM, Auction at 4 PM sharp.
TERMS AND CONDITIONS OF SALE
1)
Property will be sold “AS IS WHERE IS” to the highest bidder by public
auction with no warranty provided.
2)
Successful bidder will be required to enter into a standard real estate
purchase contract immediately at the conclusion of the auction. 10% of the
gross purchase price will be due immediately following the auction. Cashiers
check or personal check accepted with letter of credit from a bank or qualified
lending institution. The balance will be due at time of closing on or before
March 31, 2019.
3)
The seller shall provide a title insurance policy in the amount of the purchase
price of the property.
4)
The estimated 2018 real estate taxes due, payable in 2019 will be credited by
the seller to the buyer at time of closing.
5)
The information is deemed to be reliable and accurate. We strongly urge all
prospective buyers to execute their own due diligence.
6)
All announcements at day of sale will override any and all previous
announcements or information.
7)
Property will be sold on a per acre basis using the most recent acres as listed
with the respective County Assessors office for auction purposes. Actual
surveyed acres will be used at time of closing to determine actual final selling
price.
8)
Survey will be completed prior to closing at the sellers expense.
9)
Buyer will make check payable to Duncan Land & Auction, Trust Account
which will be deposited and held in escrow until time of closing.
10) Buyer will reimburse tenant for actual fertilizer costs applied and fall tillage
costs. Costs will be announced the day of sale.
10) BUYER WILL REIMBURSE TENANT FOR ACTUAL COSTS OF TILLAGE AND
FERTILIZER DAY OF SALE. THE COSTS WILL BE POSTED.
SELLERS– Ruth A Wenzel, Trustee/Sellers