VIRTUAL ONLINE
SCHUYLER COUNTY, ILLINOIS LAND AUCTION FRIDAY, SEPTEMBER 1, 2023 AT 10:00 AM CT 196.07 SURVEYED ACRES • SELLING AS 4 TRACTS
TRACT 1
TRACT 2
TRACT 2
ELEANOR M. SMITH TRUST DAVID SMITH & KAREN BRECKENKAMP - TRUSTEES Representing Attorney: William L. Siebers | Siebers Law, LLC 625 Vermont, Quincy, IL 62301 | (217) 214-1909
AUCTION MANAGER:
JOHN SULLIVAN (309) 221-6700 john.sullivan@bigiron.com
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION 196.07 SURVEYED ACRES • 4 TRACTS SCHUYLER COUNTY, IL LAND AUCTION
The Eleanor M Smith Trust farm real estate is located approximately 3 miles northeast of Brooklyn, IL or 5 miles northwest of Littleton, IL, or 15 miles northwest of Rushville, IL (15 miles south of Macomb, IL). From Brooklyn, take Highway 101 east 2 ½ miles to Baxter Hill/Lantz Road, then north ½ mile to the farm, or from Littleton, take Highway 101 west 4 miles to Freeman Mine road, then north 1 mile to the farm. The land is further described as being in part of Sections 10, 11 and 15, T3N-R3E, Brooklyn Township, Schuyler County, IL. The real estate contains 196.07 acres and will be offered in 4-tracts. Tracts 1 & 3 are mostly all tillable, productive cropland. Tracts 2 & 4 are recreational tracts with trees, a pond, some CRP acres, and cropland, all of which offers outstanding hunting and recreational opportunities. The real estate will be sold on a virtual online auction.
BROOKLYN
TRACT 1
TRACT 2
196.07 SURVEYED ACRES • 4 TRACTS SCHUYLER COUNTY, IL LAND AUCTION
TRACT INFORMATION
TRACT 1 61.80 SURVEYED ACRES • FSA records indicate 53.82 NHEL cropland acres • Productivity Index (PI): 122.3 (tillable acres) • Soil types include Keomah and Ipava • The balance of the acres is a waterway with trees and a building site with an older set of farm outbuildings • Extensive conservation terraces have been completed on this parcel • Public road access along the east side from Baxter Hill/Lantz Road TRACT 2 28.30 SURVEYED ACRES • FSA records indicate 17.82 cropland acres • Includes 2.55 acres in CRP with an annual payment of $399.79 expiring in 2030 • Productivity Index (PI): 114.4 (tillable acres) • Soil types include Rozetta, Keomah and Fishhook • Balance of the acres is wooded with a nice pond offering outdoor recreational and hunting and fishing opportunities • Several very nice home building sites • Public road access along the east side from Baxter Hill/Lantz Road TRACT 3 24.38 SURVEYED ACRES • FSA records indicate 16.81 NHEL cropland acres • Includes 1.26 acres in CRP with an annual payment of $197.54 expiring in 2030 • Productivity Index (PI): 116.2 (tillable acres) • Soil types include Keomah and Fishhook • Balance of the acres is a large, wooded draw which offers outdoor recreational and hunting opportunities • Public road access along the west side from Baxter Hill/Lantz Road TRACT 4 81.59 SURVEYED ACRES • FSA records indicate 26.82 cropland acres • Includes 10.8 acres in CRP with an annual payment of $2,557 expiring in 2032 • Balance of the acres is mature timber offering outstanding hunting and outdoor recreational opportunities with whitetail deer, wild turkey and other small game abundant • Several very nice home or cabin building sites • Public road access along the north (Center Ridge Road) and east (Freeman Mine Road) sides • Productivity Index (PI): 99.4 (tillable acres) • Soil types include Keomah, Ursa and Rozetta
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 2
TRACT 1
122.3
114.4
TRACT 4
TRACT 3
116.2
99.4
TRACT 3
TRACT 4
196.07 SURVEYED ACRES • 4 TRACTS SCHUYLER COUNTY, IL LAND AUCTION
METHOD & TERMS
All the tracts have been surveyed and will be sold by the acre, based on the surveyed acres. The 4-tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all the tracts (in any order) for their high bid. If the high bidder does not elect all the tracts, then Buyers Choice auctioning will continue until all the tracts have been selected. The tracts will not be offered together at the conclusion of the auction. Immediately following the auction, the successful bidder(s) will be required to sign and enter into a written 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 October 2, 2023. The Seller will provide Title Insurance in the full amount of the purchase price. Possession on all the tracts will be given at the time of closing, subject to a farm tenancy for the 2023 crop year. The seller will retain all farm income for 2023 and pay the 2023 Real Estate Taxes, due and payable in 2024. There are no hunting leases associated with any of the tracts and all tracts sell free and clear of crop tenancy for 2024. 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, LLC pertaining to this property. Real estate is 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 2
TRACT 3
TRACT 4
TRACT 4
TRACT 4
TRACT 4
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
196.07 SURVEYED
VIRTUAL ONLINE | SCHUYLER COUNTY, ILLINOIS LAND AUCTION FRIDAY, SEPTEMBER 1, 2023 AT 10:00 AM CT
ACRES SELLING AS 4 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 ELEANOR M. SMITH TRUST DAVID SMITH & KAREN BRECKENKAMP - TRUSTEES
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