VIRTUAL ONLINE
COLES COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 11, 2024 AT 1:00 PM CT
271.40 TAXABLE ACRES± • SELLING IN 2 TRACTS
AUCTION MANAGER:
ROBERT D. ATWELL ESTATE
Representing Attorney: Janet L Grove | Constant, Wawrzynek & Grove, LLC 1400 Charleston Ave., Suite 200, P.O. Box 1425, Mattoon, Illinois 61938 | (217) 234-7123
DAVID SMITH (217) 841-0821
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
The Robert D. Atwell farm is located 1 mile south of Lerna, Illinois and is further described as being located in Sections 10 & 15, T11N-R8E, Pleasant Grove Township, Coles County, Illinois. The real estate contains a total of 271.40 taxable acres, will be sold in 2 tracts and represents highly productive Class A soil. Farmers and investors, be sure to check out this Class A farm near Mattoon and Charleston, Illinois.
TRACT INFORMATION
TRACT 1 – 138.54 TAXABLE ACRES • FSA figures indicate approximately 136.70 NHEL cropland acres (Split field) • Productivity Index (PI): 136.9 (Class A) • Soil types include Drummer and Toronto • Access along the north off Park St and east from N Co Rd 1000 E TRACT 2 – 132.86 TAXABLE ACRES • FSA figures indicate approximately 119.07 NHEL cropland acres (Split field) • Productivity Index (PI): 134.5 (Class A) • Soil types include Toronto and Drummer • Access along the east off N Co Rd 1000 E and south off E Lincoln Hwy Rd
TRACT 2
TRACT 1
134.5
136.9
METHOD & TERMS
The Robert D Atwell farm will be sold on a price per acre basis, based on taxable acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. 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 Tuesday, January 14, 2025 The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2024 crop income and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Possession at closing subject to an existing lease for the 2024 crop year only. Open lease for 2025 crop year 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, SOIL MAPS, PHOTOS & BIDDING AVAILABLE ONLINE: WWW.SULLIVANAUCTIONEERS.COM AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
271.40 TAXABLE ACRES± SELLING IN 2 TRACTS
VIRTUAL ONLINE | COLES COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 11, 2024 AT 1:00 PM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 ROBERT D. ATWELL ESTATE
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