VIRTUAL ONLINE
FAYETTE COUNTY, ILLINOIS LAND AUCTION TUESDAY, MARCH 4, 2025 AT 1:00 PM CT 159.4 TAXABLE ACRES± • SELLING IN 3 TRACTS
AUCTION MANAGERS:
RICHARD P. HUDSPETH TESTAMENTARY TRUST GLADYS S. HUDSPETH TESTAMENTARY TRUST ALLIANCE COMMUNITY BANK - TRUSTEE
Representing Attorney: Jerry Tice | Grosboll Tice Barr & Courtney 101 E Douglas Ave. Petersburg, IL 62675 | (217) 632 2282
RODNEY BORROWMAN (630) 247-0667
JOHN BORROWMAN (217) 430-0645
JOHN SULLIVAN (309) 221-6700
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
WWW.SULLIVANAUCTIONEERS.COM (844) 847-2161 | LICENSE #444000107
The Hudspeth Trust real estate is located approximately 9 miles south of Nokomis, IL or 16 miles northwest of Vandalia, IL or 18 miles northeast of Hillsboro, IL. The farm is further described as being located in part of Sections 19 & 30, T9N-R1W, Hurrican Township, Fayette County, Illinois. The farm contains a total of 159.4 taxable acres and will be sold in 3 tracts. All 3 tracts are all-tillable with productive soils. Farmers and investors, be sure to check out this investment quality Fayette County farm real estate. LOCATION & GENERAL INFORMATION
TRACT INFORMATION
TRACT 1 – 79.4 TAXABLE ACRES • FSA figures should indicate 79.69 NHEL cropland acres (estimated - split field) • Productivity Index (PI): 117.2 • Soil types include Oconee and Oconee- Darmstadt • County Road 50E borders along the west side TRACT 2 – 40 TAXABLE ACRES • FSA figures should indicate 38.8 NHEL cropland acres (estimated - split field) • Productivity Index (PI) 119.2 • Soil types include Oconee, Shiloh, and Oconee- Darmstadt • County Road 50E borders along the west side and 3175N along the south TRACT 3 – 40 TAXABLE ACRES • FSA figures should indicate 39.76 NHEL cropland acres • Productivity Index (PI) 111.1 • Soil types include Oconee, Darmstadt, and Ebbert • County Road 50E borders along the east side and 3175N along the south AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161 ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: WWW.SULLIVANAUCTIONEERS.COM
TRACT 1
TRACT 2
TRACT 3
METHOD & TERMS
All 3 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts (in any order) 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 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 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, April 8, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. The buyer will receive full possession at closing. There are no crop leases associated with this property - open lease for the 2025 crop year and beyond. Full possession at closing. The coal beneath the surface of all the tracts has been previously conveyed of record. The tracts are subject to a 60-month Land Access Agreement dated May 2, 2023 with Lafayette Wind, LLC. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made on 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
159.4 TAXABLE ACRES± SELLING IN 3 TRACTS
VIRTUAL ONLINE | FAYETTE COUNTY, ILLINOIS LAND AUCTION TUESDAY, MARCH 4, 2025 AT 1:00 PM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000107 RICHARD P. HUDSPETH TESTAMENTARY TRUST GLADYS S. HUDSPETH TESTAMENTARY TRUST
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