PIKE COUNTY, ILLINOIS LAND AUCTION MONDAY, JANUARY 16, 2023 AT 10:00 AM CT 443 ACRES± (SUBJECT TO SURVEY) • 4 TRACTS VIRTUAL ONLINE
AUCTION MANAGERS:
ROONEY FARM PROPERTIES SOUTH, LLC Representing Attorney: Ronald K. Hoskin | Lowry & Hoskin, LLP 130 S Madison St. Pittsfield, IL 62363 | (217) 285-4822
RODNEY BORROWMAN (630) 247-0667
(217) 430-0645 JOHN BORROWMAN
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The Rooney Farm Properties South, LLC real estate is located a short distance southeast of Hull, IL, or approximately 11 miles east of Hannibal, MO, or 20 miles southeast of Quincy, IL. The land is further described as being located in Sections 1 & 2, T5S-R7W, Cincinnati Township, & Section 36, T4S-R7W, Kinderhook Township, all in Pike County, IL. The Rooney farm contains a total of 443 acres± (subject to survey) and will be sold in 4 tracts. All 4 tracts represent highly productive, nearly all tillable Mississippi River bottomland and are located in the Sny Drainage District. Tracts 2 and 3 are improved with Valley GPS ready center pivot irrigation units. Farmers and investors, the Rooney real estate offers a tremendous opportunity to purchase over 440 contiguous acres of productive Mississippi River bottomland with Valley pivot irrigation systems.
TRACT INFORMATION TRACT 1 - 80 Acres± (Subject to Survey) • FSA records indicate 81.43 NHEL cropland acres • Productivity Index: 128.9 • Soils include Wakeland, Orion, Vesser • Access along the east side from 200th St and along the south side from 270th Ave. TRACT 2 - 100 Acres+/- (Subject to Survey) • FSA records should indicate 100 NHEL cropland acres (split field with Tract 3) • Productivity Index: 128.0 • Soils include Wakeland, Orion, Coffeen • Improved with a Valley 5-tower electric drive center pivot irrigator • Access along the west side from 200th St and along the south side from 270th Ave. TRACT 3 - 200 Acres± (Subject to Survey) • FSA records should indicate 203.14 NHEL cropland acres (split field with Tract 2) • Productivity Index: 128.4 • Soils include Wakeland, Orion, Vesser • Improved with a Valley 10-tower electric drive center pivot irrigator • Access along the west side from 200th St and along the east side from 205th Ave. TRACT 4 - 63 Acres± (Subject to Survey) • FSA records indicate 66.61 NHEL cropland acres • Productivity Index: 129.7 • Soils include Wakeland, Orion, Coffeen • Currently, this tract has some irrigation coverage from the pivot on Tract 3 • Access along the west side from 205th Ave.
ADDITIONAL INFORMATION TOTAL FOR ALL TRACTS
ADDITIONAL INFORMATON, PHOTOS & BIDDING ONLINE: WWW.SULLIVANAUCTIONEERS.COM
• Sny Drainage District Tax - $7,492.42 • Pike County, IL Real Estate Tax - $6,043.72
TRACT 2
TRACT 1
128
128.9
TRACT 4
TRACT 3
128.4
129.7
METHOD & TERMS All 4-tracts will be sold by the acre based on the surveyed acres and offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of the tracts for their high bid. If the high bidder does not take all the tracts, then “Buyer’s Choice“ auctioning will continue 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(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, 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 Feb 22, 2023. 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. Possession will be given at the time of closing and the farm sells free and clear of tenancy for the 2023 crop year. Bidding is NOT subject to any contingencies including but not limited to financing, appraisal or inspection. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure 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 all 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”.
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
443 ACRES± (SUBJECT TO SURVEY)
VIRTUAL ONLINE | PIKE COUNTY, ILLINOIS LAND AUCTION MONDAY, JANUARY 16, 2023 AT 10:00 AM CT
4 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 ROONEY FARM PROPERTIES SOUTH, LLC
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