TRACT INFORMATION
TRACT 1 - 63.73 SURVEYED ACRES • FSA records indicate 56.99 cropland acres • Productivity Index (PI): 127.1 (tillable acres) • Soil types include Assumption, Osco and Sawmill • Balance of the acres is a creek and waterways • County Road 1100N borders along the south side TRACT 2 - 67.28 SURVEYED ACRES • FSA records indicate 63.91 cropland acres • Productivity Index (PI): 108.5 (tillable acres) • Soil types include Rozetta and Navlys • Balance of the acres is wooded and grass waterways • Improved with a 12,500 bushel GSI grain bin with dryer and stirrator • Depot Road/E. 8th St borders along the north side and Miller Road on the east side TRACT 3 - 21.54 SURVEYED ACRES • FSA records indicate 11.78 cropland acres • Productivity Index (PI): 108.5 (tillable acres) • Soil types include Rozetta and Navlys • Balance of the acres is wooded and grass waterways • Several nice home building sites • Depot Road/E. 8th St borders along the north side and Miller Road on the west side
TRACT 4 - 117.68 SURVEYED ACRES • FSA records indicate 106.5 cropland acres • Productivity Index (PI): 111.1 (tillable acres) • Soil types include Rozetta, Keomah and Lenzburg • Balance of the acres is grass waterways and a pond • Depot Road/E. 8th St borders along the north side TRACT 5 - 73.46 SURVEYED ACRES • FSA records indicate 16.43 cropland acres • Productivity Index (PI): 111.2 (tillable acres) • Soil types include Rozetta, Navlys and Keomah • Balance of the acres is wooded and offers excellent hunting and outdoor recreational opportunities • Miller Road borders on the west side NOTE: Tracts 2-5 are located in close proximity to an electrical power substation and the sellers have been contacted by companies who are interested in building a solar farm on the property. (Sellers have not entered into any solar contracts). ADDITIONAL INFORMATION, SOIL MAPS, PHOTOS & BIDDING AVAILABLE ONLINE: SULLIVANAUCTIONEERS.COM
METHOD & TERMS
The Cox Trust real estate will be sold on a price per acre basis, based on the surveyed acres. Tract 1 sells first. Then, we will offer “Buyer’s Choice” on Tracts 2 - 5, whereas the high bidder can elect any or all 4 tract(s) for their high bid. If the high bidder does not elect all 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 September 30, 2025. The seller will provide title insurance in the full amount of the purchase price and pay all the 2025 real estate taxes (due in 2026). Possession at closing subject to an existing crop share lease for the 2025 crop year only. The farms sell free and clear of tenancy for 2026 and beyond. There are no hunting leases in place. 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 the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.
Made with FlippingBook Digital Publishing Software