Tipsword Sale Bill

VIRTUAL ONLINE

EFFINGHAM COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, MAY 7, 2025 AT 10:00 AM CT 352 TAXABLE ACRES± • SELLING IN 4 TRACTS

TRACT 1

TRACT 2

TRACT 2

TRACT 3

TRACT 4

TRACT 4

AUCTION MANAGERS:

TRACT 1, 3, & 4 - TIPSWORD LAND CO TRACT 2 - ESTATE OF NORMA L. TIPSWORD

Representing Attorney: Joel A. Slater | Taylor Law Offices PC 122 East Washington Avenue, Effingham, Illinois 62401 | (217) 342-3925

RODNEY BORROWMAN (630) 247-0667

JOHN BORROWMAN (217) 430-0645

SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!

WWW.SULLIVANAUCTIONEERS.COM (844) 847-2161 | LICENSE #444000566

LOCATION & GENERAL INFORMATION

The Tipsword real estate is located approximately 3 miles south of Beecher City, IL, or 7 miles north of Altamont, IL, or 12 miles west of Effingham, IL. It is further described as being in Sections 8, 17, 18, & 21, T8N-R4E, Moccasin Township, Effingham County, Illinois. The real estate represents a combination of tillable farmland and premier hunting/recreational land in a highly sought-after area of Effingham County, Illinois. AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASECONTACT OUR OFFICE AT (844) 847 - 2161 ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com

METHOD & TERMS

The real estate will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of “Buyer’s Choice”, where the high bidder can elect any or all 4 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 4 tracts have been selected. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(s) 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. The balance of the bid price will be due at the time of closing, on or before Monday, June 11, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due in 2025 through a credit at closing based on the best available information. Buyer will pay all the 2025 taxes. Buyer receives all the 2025 cash rent and seller’s portion of the CRP Contract prorated from January 1, 2025. (Contact auction managers for details) Possession at closing subject to an existing lease for the 2025 crop year. 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 pertaining to this property. Real estate is being sold “AS IS”.

TRACT INFORMATION

TRACT 1 - 45 TAXABLE ACRES± • Productivity Index (PI): 89.3 • Soil types include Hickory, Ava, and Holton • Remainder of acres in timber, creek, and waterways • Excellent hunting opportunities • Potential building sites • EJ water and electricity along Moccasin Rd • Access is along the north side by E. 1600th Ave (Moccasin Rd) and the east side by N. 100th St.

TRACT 2 - 40 TAXABLE ACRES± • Productivity Index (PI): 102.6 • Soil types include Hoyleton, Atlas, and Cisne • Small country home: • 2 bedrooms • 1 bath • Kitchen • Living room

• Full unfinished basement • Electric water heater (2017) • EJ water and electric • Other improvements include: • Barn • Lean to shed • Small storage shed • Excellent location to build your dream home • Access is along the south side by E. 1600th Ave (Moccasin Rd) and the west side by 150th St. TRACT 3 - 160 TAXABLE ACRES± • Productivity Index (PI): 104.9 • Soil types include Cisne, Hoyleton, and Atlas • Remainder of acres in timber, creek, and waterways • Outstanding hunting opportunities • Potential building sites • EJ water and electricity along Moccasin Rd • Access is along the north side by E. 1600th Ave (Moccasin Rd), the east side by N. 200th St., and the south side by E. 1550th Ave. TRACT 4 - 107 TAXABLE ACRES± • Productivity Index (PI): 90.8 • FSA figures should indicate 34.25 HEL cropland acres • Includes 13.64 CRP acres with an annual payment of $3,740.00, expires 9/30/2034 (Please review CRP Contract) • Soil types include Ava, Hickory, and Bluford • Remaining acres in mature timber • Outstanding outdoor recreational tract with Whitetail deer, wild turkey, and other wildlife abundant • Potential building sites • EJ water runs along the east side of the property • Access is along the north side by E. 1500th Ave and the east side by N. 300th St.

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

352 TAXABLE ACRES± SELLING IN 4 TRACTS

VIRTUAL ONLINE | EFFINGHAM COUNTY, IL LAND AUCTION WEDNESDAY, MAY 7, 2025 AT 10:00 AM CT

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566 TRACT 1, 3, & 4 - TIPSWORD LAND CO TRACT 2 - ESTATE OF NORMA L. TIPSWORD

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