VIRTUAL ONLINE
SCHUYLER COUNTY, ILLINOIS LAND AUCTION THURSDAY, FEBRUARY 1, 2024 AT 10:00 AM CT 665 ACRES± (SUBJECT TO SURVEY) • SELLING IN 7 TRACTS
TRACT 2
TRACT 7
T.R. MILLS TRUST ℅ LINDA BUTLER, VICE PRESIDENT AND TRUST OFFICER RUSHVILLE STATE BANK
AUCTION MANAGER:
Representing Attorney: Charles A. Burton Law Office 114 W Lafayette St. Rushville, IL 62681 | (217) 322-4303
JOHN SULLIVAN (309) 221-6700
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The TR Mills Trust real estate is located approximately 7 miles west of Beardstown, IL, or 10 miles south of Rushville, IL, or 15 miles east of Mt Sterling, IL, or 35 miles northwest of Jacksonville, IL. The property is further described as being in part of Sections 7, 8, 9, 10 and 18, T1S-R1W, Bainbridge Township, Schuyler County, IL. The land contains a total of 665 acres (subject to final survey) and will be offered in 7- tracts. Six of the tracts are all or nearly all tillable bottomland with productive soils (some Class A). One tract borders the IL River, is wooded with mature timber and offers excellent hunting, fishing and outdoor recreational opportunities. Farmers, investors and oudoor enthusiasts, be sure to check out these investment quality tracts of land. All the tracts are located within a 1 mile radius.
TRACT 1
TRACT 4
TRACT 7
TRACT INFORMATION
TRACT 1 - 120 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 102.92 NHEL cropland acres • Productivity Index (PI): 128.3 • Soil types include Tice, Beaucoup and Dickinson • Located in the Crane Creek Drainage and Levee District • A levee and the Lamoine River border along the south side • Sandy Bend Road borders along the north side TRACT 2 - 205 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 183.32 NHEL cropland acres • Productivity Index (PI): 133.1 (Class A) • Soil types include Tice and Beaucoup • Located in the Crane Creek Drainage and Levee District • A levee and the Lamoine River border along the south side • Sandy Bend Road borders along the north side TRACT 3 - 40 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 39.38 NHEL cropland acres • Productivity Index (PI): 118 • Soil type is Titus • Located in the Crane Creek Drainage and Levee District • Access is via an easement off Sandy Ridge Road into the northwest corner of Tract 3 TRACT 4 - 80 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 79.18 NHEL cropland acres • Productivity Index (PI): 122.8 • Soil types include Titus and Beaucoup • Located in the Crane Creek Drainage and Levee District • Sandy Ridge Road borders on the west side
TRACT 5 - 70 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 63.95 NHEL cropland acres • Productivity Index (PI): 107.8 • Soil types include Dickinson, Darwin and Beaucoup • Located in the Crane Creek Drainage and Levee District • Sandy Bend Road borders along the south and east sides TRACT 6 - 16 ACRES (SUBJECT TO SURVEY) • FSA maps indicate 12.3 NHEL cropland acres • Productivity Index (PI): 103 • Soil type is Dickinson • This tract also offers waterfowl hunting and fishing opportunities with a large drainage ditch running along the west side with its close proximity to both the IL and Lamoine Rivers • A large power transmission tower is located on this parcel • Located in the Crane Creek Drainage and Levee District • Sandy Bend Road borders along the north side TRACT 7 - 130 ACRES (SUBJECT TO SURVEY) • Nearly all wooded with mature standing timber • A levee and the Illinois River border along the entire southeast side • With its close proximity to both the Illinois and Lamoine Rivers, this tract offers some excellent outdoor recreational opportunities with Whitetail deer, wild turkey, waterfowl and fishing opportunities • Located in the Crane Creek Drainage and Levee District • Sandy Bend Road borders along the west side
SOIL MAPS
TRACT 1
TRACT 2
133.1
128.3
TRACT 4
TRACT 3
118
122.8
TRACT 5
TRACT 6
103
107.8
METHOD & TERMS
The real estate will be sold on a price per acre basis, based on the surveyed acres. All 7 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any individual tract or tracts (in any order) for their high bid. If the high bidder does not elect all the offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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 March 15, 2024. The seller will provide title insurance in the full amount of the purchase price and pay the 2023 drainage and real estate taxes. The buyer will be responsible for the 2024 real estate and drainage taxes. Possession will be given at closing, subject to a cash rent lease for the 2024 crop year only. Note: The buyer will receive the cash rent income for 2024 (contact auction manager for further details). Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made on 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 all information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”. ON BEHALF OF THE BENEFICIARIES OF THE T.R. MILLS TRUST, AND SULLIVAN AUCTIONEERS, A BIGIRON COMPANY THANK YOU FOR YOUR INTEREST IN THIS LAND AUCTION!
VISIT OUR WEBSITE WWW.SULLIVANAUCTIONEERS.COM
FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
JOHN SULLIVAN (309) 221-6700
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. NO INTERNET BUYER FEES! IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
TRACT 1
TRACTS 1 & 2
TRACT 2
TRACT 2
TRACT 2
TRACT 3
TRACT 3
TRACT 4
TRACT 4
TRACT 5
TRACT 5
TRACT 6
TRACT 7
TRACT 7
TRACT 7
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
665 ACRES± (SUBJECT TO SURVEY) SELLING IN 7 TRACTS
VIRTUAL ONLINE | SCHUYLER COUNTY, ILLINOIS LAND AUCTION THURSDAY, FEBRUARY 1, 2024 AT 10:00 AM CT
T.R. MILLS TRUST
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8Made with FlippingBook - Online catalogs