VIRTUAL ONLINE
BUREAU COUNTY, ILLINOIS LAND AUCTION TUESDAY, NOVEMBER 29, 2022 AT 1:00 PM CST
80 TAXABLE ACRES± • SELLING AS 1 TRACT
JOHNSTON FAMILY FARM Representing Attorney: Ryan J. Anderson Law Office 611 Second Street, PO Box 174, Henry, IL 61537 (309) 364-2354
Auction Manager: Kevin Haas (309) 264-7767 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
SUBJECT
LOCATION & GENERAL INFORMATION The Johnston farm is located approximately 8 miles northeast of Bradford, IL, or 14 miles southwest of Princeton, IL. The land is further described as being located in Section 19, T15N-R8E, Indiantown Township, Bureau County, IL. The property contains a total of 80 taxable acres, will be sold in 1 tract, is improved with 3 grain bins, and offers highly productive Class A soil. TRACT INFORMATION • 80 taxable acres • FSA map indicates 80.19 NHEL cropland acres which includes the following: • 2.9 CRP acres with an annual payment of $1,055 expiring 9-30-2026 • 1.0 CRP acre with an annual payment of $300 expiring 9-30-2027 • Productivity Index (PI): 143.5 (Class A) • Soil types include Muscatune, Sable, Plano, Sawmill, Buckhart, Elburn and Parkway • Improved with 3 grain bins totaling 62,000 bu. capacity • All with floor aeration and 8” loadout • West bin has fan only • Middle bin has 2 fans with dryers, Calc-U-Dri drying & automatic transfer system, stirrator and auto sweep • East bin has fan with dryer and stirrator • 3 phase electrical service • Access along the south side from 800N Ave • The 2 LP tanks are owned by the LP supplier and are NOT included in the auction
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.
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
143.5
METHOD & TERMS The real estate will be sold on a price per acre basis, based on 80 taxable acres.
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 December 28, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current tenancy for the 2022 crop year only. Open tenancy for 2023 and beyond. 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 INFORMATON, PHOTOS & BIDDING ONLINE: www.SullivanAuctioneers.com
www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
80 TAXABLE ACRES±
VIRTUAL ONLINE | BUREAU COUNTY, ILLINOIS LAND AUCTION TUESDAY, NOVEMBER 29, 2022 AT 1:00 PM CST
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 JOHNSTON FAMILY FARM
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