VIRTUAL ONLINE
SHELBY COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 2, 2023 AT 10:00 AM CT
357.11 TAXABLE ACRES± • SELLING IN 4 TRACTS
DALE DONNEL TRUST IMOGENE DONNEL TRUST KENNETH E. DONNEL, TRUSTEE Representing Attorney: James M. Lestikow, Partner | Harrison LLP 2121 W. White Oaks Drive, Suite E, Springfield, IL 62704 | (217) 353-1239
AUCTION MANAGER:
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION 357.11 TAXABLE ACRES± • 4 TRACTS SHELBY COUNTY, IL LAND AUCTION
The Dale Donnel Trust and Imogene Donnel Trust farm is located 9 miles east of Assumption, IL or 20 miles south of Decatur, IL. The farm is further described as being located in Section 33, T13N-R3E, Pickaway Township and Sections 3, 4, 9, T12N-R3E, Ridge Township, Shelby County, Illinois. The real estate contains a total of 357.11 taxable acres, will be sold in 4 tracts, and represents highly productive Class A soil. Farmers and investors – don’t miss this opportunity!
357.11 TAXABLE ACRES± • 4 TRACTS SHELBY COUNTY, IL LAND AUCTION
TRACT INFORMATION
TRACT 1 160.0 TAXABLE ACRES± • FSA figures indicate 157.96 NHEL cropland acres • Productivity Index (PI): 144 • Soil types include Drummer and Flanagan • The well on this tract services the house located across the road to the south. See website for easement details. • Access along the south side from 2100N Rd and along the west side from 1400E Rd TRACT 2 78.5 TAXABLE ACRES± • FSA figures indicate 77.05 NHEL cropland acres • Productivity Index (PI): 143.7 • Soil types include Flanagan, Drummer, and Peotone • Includes a small parking area where the concrete bin foundations are located • Access along the north side from 2100N Rd and along the west side from 1400E Rd TRACT 3 40.0 TAXABLE ACRES± • FSA figures indicate 40.31 NHEL cropland acres • Productivity Index (PI): 140.9 • Soil types include Drummer, Raub, and Flanagan • Access along the west side from 1400E Rd TRACT 4 78.61 TAXABLE ACRES± • FSA map figures indicate 72.08 NHEL cropland acres • Productivity Index (PI): 140 • Soil types include Flanagan, Drummer, Dana, Catlin, and Parr • Includes a small patch of mature timber in the southwest
TRACT 1
TRACT 2
TRACT 3
corner, which provides excellent deer hunting • Access along the east side from 1525E Rd
TRACT 4
TRACT 2
TRACT 1
144
143.7
TRACT 1
TRACT 2
TRACT 4
TRACT 3
140.9
140
TRACT 3
TRACT 4
357.11 TAXABLE ACRES± • 4 TRACTS SHELBY COUNTY, IL LAND AUCTION
METHOD & TERMS
The Dale Donnel Trust and Imogene Donnel Trust farm will be sold on a price per acre basis, based on taxable acres. All 4 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts 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 Friday, December 1, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made 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, LLC pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com If you need assistance with bidding, please contact our office at (844) 847-2161
TRACT 1
TRACT 1
TRACT 1
TRACT 2
TRACT 2
TRACT 3
TRACT 3
TRACT 4
TRACT 4
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
No Internet Buyer fees!
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
357.11 TAXABLE ACRES±
VIRTUAL ONLINE | SHELBY COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 2, 2023 AT 10:00 AM CT
SELLING AS 5 TRACT
DALE DONNEL TRUST IMOGENE DONNEL TRUST KENNETH E. DONNEL, TRUSTEE
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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