Frith & Tarr Sale Bill

VIRTUAL ONLINE

HANCOCK COUNTY, ILLINOIS LAND AUCTION THURSDAY, AUGUST 22, 2024 AT 1:00 PM CT 159.12 SURVEYED ACRES • SELLING IN 2 TRACTS

TRACT 1

TRACT 1

TRACT 2

TRACT 2

AUCTION MANAGERS:

FRITH LIVING TRUST & LOIS TARR TRUST Representing Attorney: Kurt Dittmer | Rasmussen and Dittmer, LLC 102 N Center St, La Harpe, IL 61450 | (217) 659-3312

JIM SULLIVAN (217) 440-8172

LOUIE ZINN (319) 795-2314

SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!

SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107

The farm is located approximately 4 miles west of LaHarpe, IL on the south side of IL State Hwy 9 in Section 23, T7N-R6W, Durham Township, Hancock County, Illinois. LaHarpe, IL is located approximately 20 miles northeast of Carthage, IL or approximately 25 miles southeast of Burlington, IA. Both tracts offer productive tillable cropland, recreational acreage, potential home building sites and more! There is Rural Public water and electricity available nearby. LOCATION & GENERAL INFORMATION

LA HARPE

TRACT 2

TRACT 1

TRACT INFORMATION

TRACT 1 - 82.12 SURVEYED ACRES • FSA records should indicate 71 acres of cropland of which approximately 5.5 acres are enrolled in CRP @ a payment rate of $240.00 per acre through 9-30-33 • The non cropland acres are wooded and offer recreational opportunities • Productivity Index (PI): 134.7 (CLASS A) on the acres currently being farmed (excluding the CRP and timber) • Soil types include Muscatune, Atterberry, Greenbush, Rozetta and Sable • Access along the west side by NCR 2350 TRACT 2 - 77.0 SURVEYED ACRES • FSA records should indicate 59 acres of cropland of which approximately 12.0 acres are enrolled in CRP @ a payment rate of $240.00 per acre through 9-30-33 • The non cropland acres are wooded and offer recreational opportunities • Productivity Index (PI): 121.7 on the acres currently being farmed (excluding the CRP and timber) • Soil types include Greenbush, Coffeen, Rozetta, Hickory, Atterberry and Muscatune • Access along the north by St Hwy 9 and on the west by NCR 2350

AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161

SOIL MAPS FOR THE APPROXIMATE ACRES CURRENTLY BEING FARMED

TRACT 2

TRACT 1

134.7

121.7

METHOD & TERMS

Both tracts will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either Tract 1 or Tract 2 for their high bid. If the high bidder does not elect both tracts, the remaining tract will be sold. 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, October 1, 2024. The seller will provide title insurance in the full amount of the purchase price and will pay the 2024 real estate taxes due in 2025. Buyer will receive possession at closing, subject to an existing lease for the 2024 crop year only. Open lease for 2025 crop year. 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.

ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

159.12 SURVEYED

VIRTUAL ONLINE | HANCOCK COUNTY, ILLINOIS LAND AUCTION THURSDAY, AUGUST 22, 2024 AT 1:00 PM CT

ACRES SELLING IN 2 TRACTS

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 FRITH LIVING TRUST & LOIS TARR TRUST

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