Auction
AUCTION INFORMATION
Join us on Friday, November 15, 2024, at 10:00 a.m., at the Donseum Event Center located at 156 W. State Street, Manito, IL (directly behind the Manito Casey Store), for a highly anticipated farmland auction hosted by Petri Auction Company. This will be a live and online auction.
334 +/- contiguous acres, to be sold in four tracts, for Loren and Jane Thomas Farm, also known as the Wonder Farm (Mary Berry, Executor). Located in the Quiver Township of Mason County, this farm has been in the Thomas family for decades and has been well maintained. The farm features primarily irrigated cropland with the balance being timber and open grassland. Each tract has excellent access which makes it an ideal acquisition for any agricultural investor or farmer looking to expand their operations. A portion of the farmland borders Chautauqua National Wildlife Refuge in Havana, Illinois, which is known for its abundant duck and goose population making the farmland tracts excellent for outdoor recreational hunting for Whitetail deer, goose, turkey, and other wildlife.
TRACT INFORMATION
Tract 1. 160.95 +/- Surveyed Acres: Located in the North 1/2 of the Northwest 1/4 of Section 12. TWP 22N Range 8W and the South 1/2 of the Southwest 1/4 of Section 1 TWP 22N Range 8W. This tract consists of a mix of irrigated cropland and timber. A recent CRP contract has expired and can be re-enrolled in 2026.
Tract 2. 78.55 +/- Surveyed Acres: Located in part of the North 1/2 of the Southwest 1/4 in Section 1, TWP 22N Range 8W. This tract consists of a mix of irrigated cropland and timber. A recent CRP contract has expired and can be re-enrolled in 2026.
Tract 3. 92.48 +/- Taxable Acres: Located in part on the Northwest 1/4 of Section 1 TWP 22N Range 8W. This tract consists of irrigated cropland and open grassland. A recent CRP contract has expired and can be re-enrolled in 2026.
Tract 4. Country Home on 2.36 +/- Surveyed Acres: House located at 21017 CR 2250N. House was built in 1973 according to county records and includes approximately 1,120 sq ft of living area. 3 bedrooms, 1.5 baths and a full basement. This tract is also improved with an older barn and silo.
TERMS & CONDITIONS
The auction will be conducted using the Buyer’s Choice methods on Tracts 1 through 3, allowing bidders the flexibility to choose their preferred tract. Tract 4 will then be sold individually by a lump sum bid. Immediately following the auction Buyer(s) will be required to enter into a sales contract and pay 10% of the purchase price as a non-refundable down payment. The balance of the purchase price will be due at closing.
Closing on Tracts 1 & 3 will take place on or before December 31, 2024. Tracts 2 & 4 will close between January 01, 2025 and January 31, 2025. Closing will be held at the offices of Seller's attorney. Open tenancy for crop year 2025 and beyond. Bidding is not subject to any contingencies, including but not limited to financing, appraisal or inspection of the property. All announcements made on sale day take precedence over prior advertising. Real Estate is being sold "AS IS." Buyer(s) should verify the information to their satisfaction. There are no expressed or implied warranties. *All lines and acreages are approximate. Not responsible for errors or omissions.
Seller’s Attorney:
Blake Lindner
Knuppel & Lindner
124 West Market Street
Havana, IL 62644
Petri Auction Company
Todd Petri
(309) 241-2106
www.petriauction.com