VIRTUAL ONLINE
BROWN COUNTY, ILLINOIS LAND AUCTION MONDAY, SEPTEMBER 18, 2023 AT 10:00 AM CT
370 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS
TRACT 2
TRACT 5
TRACT 5
TRACT 3
ROGER BUSEN, PATRICIA HENRY & DIANNE SNYDER - SELLERS Representing Attorney: James L. Palmer | Scholz, Palmer and Duesterhaus LLP 625 Vermont Street , Quincy, IL 62301 | (217) 223-3444
AUCTION MANAGER:
JOHN SULLIVAN (309) 221-6700
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION 370 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS BROWN COUNTY, IL LAND AUCTION
The Busen farm real estate is located just north of the small community of Timewell, IL (Mound Station), or 7 miles northwest of Mt Sterling, IL (30 miles east of Quincy, IL). The property is further described as being in Section 4, T1S-R4W, Lee Township; and Sections 32 & 33, T1N-R4W, Pea Ridge Township, all in Brown County, IL. The farm contains 370 acres (subject to survey) and will be sold in 5-tracts. Several of the tracts are all or nearly all tillable with Class A soils and one tract has excellent pastureland with trees, ponds and some tillable acres. Farmers, investors and outdoor recreationists, be sure to check out these outstanding tracts of Brown County farmland.
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 5
370 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS BROWN COUNTY, IL LAND AUCTION
TRACT INFORMATION
TRACT 1 70 ACRES (SUBJECT TO SURVEY) • FSA figures indicate 64.78 NHEL cropland acres • Productivity Index (PI): 136.6 (Class A) • Soil types include Virden, Ipava and Timewell • Balance of the acres is a shared pond and grass waterway • Public road 1150 N Ave borders on the south side and 200 E St on the west side TRACT 2 77 ACRES (SUBJECT TO SURVEY) • FSA figures indicate 75.34 NHEL cropland acres • Productivity Index (PI): 136.5 (Class A) • Soil types include Virden and Ipava • Basically 100% tillable with some newer plastic drainage tile recently installed • Public road 1150 N Ave borders on the south side and 1200 N Ave on the north side TRACT 3 51 ACRES (SUBJECT TO SURVEY) • FSA figures indicate 46.63 cropland acres • Productivity Index (PI): 111.6 (tillable acres) • Soil types include Clarksdale, Fishhook, Virden and Rushville • Balance of the acres is grass waterways • Public road 150 E St borders on the west side TRACT 4 26 ACRES (SUBJECT TO SURVEY) • FSA figures should indicate 19.89 cropland acres (split field) • Productivity Index (PI): 117 (tillable acres) • Soil types include Rozetta and Clarksdale • Balance of the acres is pastureland • You are welcome to walk this parcel, but be aware the tenant has cattle on the pasture, so please keep all gates closed • Public road 150 E St borders on the west side and 1200 N Ave on the south side TRACT 5 146 ACRES (SUBJECT TO SURVEY) • FSA figures should indicate 63.46 cropland acres (split field) • Productivity Index (PI): 109.6 (tillable acres) • Soil types include Keomah, Rozetta and Rushville • Balance of the acres is improved pastureland which is well fenced, trees and 3 ponds • This tract offers many opportunities including livestock production, outdoor recreation and hunting, and potential home/cabin building sites • Public road 1200 N Ave borders on the south side
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 1
TRACT 2
136.5
136.6
TRACT 4
TRACT 3
111.6
117
TRACT 5
TRACT 5
109.6
370 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS BROWN COUNTY, IL LAND AUCTION
METHOD & TERMS
All 5 tracts will sell on a per acre basis based on the acres obtained from the survey. All 5 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 5 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before October 20, 2023. The sellers will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Possession will be given at the time of closing, subject to a farm tenancy for the 2023 production year. Sellers are retaining all farm income for 2023. The farm sells free and clear of tenancy for 2024. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. All announcements on sale day shall take precedence over any prior advertising, either written or oral. The information in this brochure, on our website and in our advertisements 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 pertaining to the property. The real estate and improvements are being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com If you need assistance with bidding, please contact our office at (844) 847-2161
TRACT 1
TRACT 1
TRACT 2
TRACT 3
TRACT 3
TRACT 4
TRACT 5
TRACT 5
TRACT 5
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
No Internet Buyer fees!
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
370 ACRES± (SUBJECT TO SURVEY) SELLING AS 5 TRACTS
VIRTUAL ONLINE | BROWN COUNTY, ILLINOIS LAND AUCTION MONDAY, SEPTEMBER 18, 2023 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 ROGER BUSEN, PATRICIA HENRY & DIANNE SNYDER - SELLERS
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