Auction Information
Auctioneer Sullivan Auctioneers, LLC 844-847-2161
Auction Date Aug 13 Auction
Location
Wright Conference Center
Hwy. 67 N
Rushville, IL
Time 01:00PM
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Auction Listing
AuctionZip Auctioneer ID# 43943

Monday, August 13, 2018 at 1:00 p.m.

Sale to be held at the Wright Conference Center, Hwy. 67 N • Rushville, IL 62681

342.78 Surveyed Acres • 4 Tracts

LOCATION & GENERAL INFORMATION

The Sutherland farm is located approximately 3 miles east of the small community of Brooklyn, IL or 6 miles west of Littleton, IL, along Hwy. 101. (15 miles northwest of Rushville, IL, 20 miles southwest of Macomb, IL or 50 miles northeast of Quincy, IL.) The land is further described as being located in part of Sections 14, 23 & 24, T3N-R3W (Brooklyn Township), Schuyler County, IL.

The farm contains a total of 342.78 surveyed acres and will be sold in 4 individual tracts. All tracts represent majority tillable land with some wooded acres that offer hunting and outdoor recreational opportunities. Farmers, investors and outdoor enthusiasts be sure to check out this farm, which offers something for everyone.

TRACT INFORMATION

Tract 1 • 79.91 Acres± (subject to survey)

  • FSA maps indicate 58.66 acres tillable.
  • Crop Productivity Index (PI) is 117.8 (soil maps available online).
  • Soil types on tillable acres include Keomah & Rozetta.
  • Non tillable acres are woods which offers excellent hunting & outdoor recreational uses.
  • Public road access is along the South side by Hwy. 101 and along the East side by Freeman Mine Road.

Tract 2 • 39.13 Acres± (subject to survey)

  • FSA maps indicate 22.51 acres tillable.
  • Crop Productivity Index (PI) is 111.1 (soil maps available online).
  • Soil types on tillable acres include Keomah & Fishhook.
  • Balance of the non tillable acres are woods which offers excellent hunting and outdoor recreational uses.
  • Public road access along the North side by Hwy. 101 and West side by Muley Road.

Tract 3 • 63.50 Acres± (subject to survey)

  • FSA maps indicate 43.59 acres tillable.
  • Crop Productivity Index (PI) is 112.3 (soil maps available online).
  • Soil types on tillable acres include Keomah, Fishhook & Rozetta.
  • Balance of the non tillable acres are woods which offers excellent hunting and outdoor recreational opportunity.
  • Public road access is located in the Southwest corner of the farm by Muley Road.

Tract 4 • 160.24 Acres± (subject to survey)

  • FSA maps indicate 126.38 acres tillable.
  • Crop Productivity Index (PI) is 111.4 (soil maps available online).
  • Soil types on tillable acres include Keomah, Fishhook & Rozetta.
  • Balance of the non tillable acres are woods which offers excellent hunting and outdoor recreational opportunity.
  • Public road access is located along the North side by Hwy 101.

METHOD & TERMS

All 4 tracts have recently been surveyed and will be sold on a price per acre basis based on the surveyed acres. All 4 tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all tracts for their high bid. Auctioning will continue until all 4 tracts have been sold. The tracts will NOT be offered in its entirety or in any combinations at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before October 15, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2017 and 2018 real estate taxes will be paid by the seller. The 2019 Real Estate taxes and all subsequent years will be paid by the new buyer. Possession will be given at the time of closing subject to a crop tenancy for the 2018 crop year only.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

Lori D. Sutherland Trust - Seller

Representing Attorney:
Charles A. Burton
114 W Lafayette St,
Rushville, IL 62681
Phone: 217-322-4303




Auctioneer License Information: 444000107

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