VIRTUAL ONLINE
ADAMS & PIKE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, APRIL 19, 2023 AT 10:00 AM CT
770 ACRES± • SELLING IN 9 TRACTS
H. LOWELL SCHMALSHOF TRUST & THELMA M. SCHMALSHOF TRUST
Closing Attorney: John Hauk | Hauk & Owens, LLC 811 Maine St, Quincy, IL 62301 | (217) 214-2757
MICHAEL SULLIVAN (309) 333-0916
RODNEY BORROWMAN (630) 247-0667
JOHN BORROWMAN (217) 430-0645
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION Tract 1 is located 3.5 miles south of Chambersburg, IL and is further described as being located in Section 33, T3S - R2W, Chambersburg Township, Pike County, IL. Tract 1 represents productive, tillable farmland. Tracts 2 & 3 are located a short distance east of Beverly, IL and are further described as being located in Sections 21 & 22, T3S - R5W, Beverly Township, Adams County, IL. Both tracts represent productive, tillable farmland, some timber & draws and are improved with a machine shed & grain bins. Tracts 4 & 5 are located 1 mile west of Beverly, IL and are further described as being located in Section 19, T3S - R5W, Beverly Township, Adams County, IL. Both tracts represent a combination of CRP acres, tillable cropland & timber/draw areas. Tract 6 is located 3 miles west of Beverly, IL and is further described as being located in Section 23, T3S - R6W, Richfield Township, Adams County, IL. Tract 6 represents a combination of pasture & timber. Tracts 7-9 are located 4.5 miles south of Liberty, IL near Richfield and are further described as being located in Section 16, T3S - R6W, Richfield Township, Adams County, IL. Tracts 7 & 8 represent a combination of CRP acres & timber/draws which offer excellent whitetail deer & other wildlife habitat. Tract 9 represents a country home on a small acreage.
IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847-2161
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION
TRACT 1
TRACT 1
117.3
TRACT 1 INFORMATION
Tract 1 - 165.65 Taxable Acres± • FSA records indicate 161.80 acres of NHEL cropland • Productivity Index (PI): 117.3 • Soil types include Titus, Darwin & Dupo • There is a grain bin located in the northwest corner • Access is along the north side by 350th Ave.
TRACTS 2 & 3 INFORMATION Tract 2 - 80 Taxable Acres± • FSA figures indicate 71.41 acres of cropland • The balance is in waterways & a small draw • Productivity Index (PI): 113.8 • Soil types include Clarksdale, Emery & Keswick • Access is along the west side by County Rd 2775 E & along the south side by County Rd 253 N Tract 3 - 160 Taxable Acres± • FSA figures indicate 131.36 acres of cropland • The balance is in waterways & a timbered area in the eastern portion of the tract which would offer potential hunting/recreational opportunities • Productivity Index (PI): 112.5 • Soil types include Timewell, Emery, Clarksdale, Keswick, Bunkum, El Dara, Keomah & Downsouth • There is also a machine shed & grain bins located in the south central portion of the tract • Access is along the south side by County Rd 253 N FOR ADDITIONAL INFORMATION, PHOTOS & BIDDING INSTRUCTIONS: WWW.SULLIVANAUCTIONEERS.COM
TRACTS 2 & 3
TRACTS 4 & 5
TRACTS 4 & 5 INFORMATION Tract 4 - 50 Acres± (Subject to Survey) • FSA figures indicate 26.35 acres of cropland currently in row crop production • An additional 13.50 acres of cropland are currently enrolled in CP1 CRP program at a payment rate of $213.90 per acre through September 30, 2032. • Productivity Index (PI): 99.6 • This tract offers income producing tillable & CRP acres, and additionally, excellent hunting/ recreational opportunities. • There are also a couple of ponds located on the property • Access is along the south side by County Rd 200 N Tract 5 - 64 Acres± (Subject to Survey) • FSA figures indicate 45.30 acres of cropland currently enrolled in CP1 CRP program at a payment rate of $213.90 per acre through September 30, 2032. • The balance of the tract is in timber & draws which offer excellent hunting/recreational opportunities • Productivity Index (PI): 104.7 • Potential building sites and a pond located on the west side of the farm • Access is along the west side by County Rd 2500 E & along the south side by County Rd 200 N
TRACTS 6, 7, 8 & 9
TRACTS 6, 7, 8 & 9 INFORMATION Tract 6 - 70 Acres± (Subject to Survey) • This parcel represents rolling pasture land with several areas of trees & draws throughout • Beebe Creek runs through the middle of the farm which provides livestock or wildlife an excellent water source • There is also a pond and a few outbuildings located on the west side • This piece is ideally set up for livestock, or could easily be en- hanced to be an excellent hunting/recreational property! • Access is along the south side by County Rd 200 N Tract 7 - 60 Taxable Acres± • FSA records show this farm to be nearly all enrolled in CRP (see website for maps) • Approx. 51 acres are enrolled in CP1 CRP program at a payment rate of $130.67 per acre through September 30, 2023. • Productivity Index (PI): 104.9 • The balance of the farm represents timber, draws, meandering creek & a pond • This tract offers excellent hunting/recreational opportunities. • There are a couple older sheds & grain bins along the west side • Access is along the west side by County Rd 2150E Tract 8 - 119 Taxable Acres± • FSA records indicate approx. 74 acres of cropland which includes CRP fields & hay fields • 42.90 acres are enrolled in CP1 CRP program at a payment rate of $222.60 per acre through September 30, 2031. • 11.00 acres are enrolled in CP21 CRP program at a payment rate of $192.57 per acre through September 30, 2024. • Approx. 7 acres are enrolled in CP1 CRP program at a payment rate of $130.67 per acre through September 30, 2023. • The remainder of the cropland acres are currently in hay production • This tract offers excellent whitetail deer & other wildlife habitat with several timber & draws located throughout • McCraney Creek runs through the property and offers some very scenic views & water source for wildlife & potential livestock • There is an open front livestock shed located in the northeast corner of the tract • Make plans to view this tract to see all it has to offer! • Access is along the east side by County Rd 2150E Tract 9 - Country Home & 1 Acre± (Subject to Survey) • Check out this brick, one-story country home situated on approx. 1 acre. • This would make a great hunting cabin or a neat, secluded home in the country! • Rural water service by ABS • Open House: Saturday, April 1 from 10:00 AM - 12 Noon • Access is along the east side by County Rd 2150E
ON BEHALF OF THE H. LOWELL SCHMALSHOF TRUST, THELMA M. SCHMALSHOF TRUST AND SULLIVAN AUCTIONEERS, THANK YOU FOR YOUR INTEREST IN THIS LAND AUCTION! METHOD & TERMS Tracts 1-8 will be sold on a price per acre basis. Tracts 1, 2, 3, 7 & 8 will be sold based on taxable acres. Tracts 4, 5 & 6 will be sold based on surveyed acres. Tract 9 will be surveyed and will be sold for the lump sum, total dollar amount. Tract 1 will be sold first. Tracts 2 & 3 will be offered next through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts 2 & 3 for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. Tracts 4-8 will then be offered through the marketing method of “Buyers Choice”. Tract 9 will be sold last. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyers 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, May 23, 2023. The 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. Buyer will be responsible for the 2023 RE taxes, as they will be getting the 2023 income. Possession will be given at the time of closing for Tracts 4,5,7,8 & 9. Possession for Tracts 1,2,3 & 6 will be subject to a farm tenancy for 2023 only. All tracts sell free and clear for 2023 hunting rights. Contact auction managers for farm lease details. 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, LLC 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
770 ACRES±
VIRTUAL ONLINE | ADAMS & PIKE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, APRIL 19, 2023 AT 10:00 AM
SELLING IN 9 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 H. LOWELL SCHMALSHOF TRUST & THELMA M. SCHMALSHOF TRUST
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