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PIKE COUNTY, ILLINOIS LAND AUCTION THURSDAY, DECEMBER 22, 2022 AT 1:00 PM CT
170 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS
PRODUCTIVE TILLABLE CROPLAND
& RECREATIONAL LAND
Auction Managers:
FULMER FAMILY TRUST LINDA FULMER - TRUSTEE | SALLY BENNETT TRUST Representing Attorney: Ronald K. Hoskin | Lowry & Hoskin, LLP 130 S Madison St. Pittsfield, IL 62363 | (217) 285-4822
JOHN BORROWMAN
RODNEY BORROWMAN
(630) 247-0667 | (217) 430-0645
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
PIKE COUNTY, ILLINOIS The farm is located approximately 2 miles north of Time, IL, or 5.5 miles southeast of Pittsfield, IL, and is further described as being in Section 34, T5S-R3W, Newburg Township, Pike County, IL. 170 ACRES± (SUBJECT TO SURVEY) 2 TRACTS The property contains a total of 170 acres+/- (subject to survey) and will be sold in 2 tracts. Both tracts offer productive tillable cropland as well as prime Pike County, IL Whitetail Deer & Wild Turkey Hunting acreage!
TRACT INFORMATION TRACT 1 - 110 ACRES± (SUBJECT TO SURVEY) • FSA maps indicate approximately 93.72 HEL (split field) • Productivity Index (PI): 115.5 • Soil types include Winfield, Menfro, and Downsouth • Balance of acres in timber and waterways • Access along the south side from 225th Avenue. TRACT 2 - 60 ACRES± (SUBJECT TO SURVEY) • FSA maps indicate approximately 45.00 HEL (split field) • Productivity Index (PI): 117.7 • Soil types include Winfield, Caseyville, and Downsouth • Balance of acres in timber and waterways • Access along the south side from 225th Avenue.
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SULLIVANAUCTIONEERS.COM FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING
117.7
WWW.SULLIVANAUCTIONEERS.COM
115.5
METHOD & TERMS
Both tracts will be sold on a price per acre basis, based on the soon to be completed surveyed acres. Both tracts will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) either or both tracts for their high bid. “Buyers Choice” auctioning will continue until both tracts have been elected. The tracts will not be offered in their entirety at the end 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 February 2, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. Both tracts sell subject to a crop and hunting lease agreement through 2/28/25 (contact auction manager for details). 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
PIKE COUNTY, ILLINOIS LAND AUCTION THURSDAY, DECEMBER 22, 2022 AT 1:00 PM CT
170 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 FULMER FAMILY TRUST
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