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Auction Information

Pike County, IL Auction- Nelson & World Giving

Thu Feb 10 - 01:00PM


Online Auction, Hull, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Thursday, February 10, 2022 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161


LOCATION

Pike County, Illinois

The Richard Nelson Trust & Kris Nelson Trust, & the World Giving Foundation  property (commonly known as Hopewell Prairie Farms) is located a short distance southeast of Hull, IL.  Hull is located approximately 11 east of Hannibal, MO, or 20 miles southeast of Quincy, IL.  Tract 1 is located in Section 33, Kinderhook Township,  Tract 2 is located in Section 34, Kinderhook Township,  Tract 3 is located in Section 12, Cincinnati Township, and Tract 4 is located in Sections 12 & 13 of Cincinnati Township, all in Pike County, Illinois.


SELLER

Richard Nelson Trust & Kris Nelson Trust

Seller- Tracts 1 & 2

World Giving Foundation

Seller – Tracts 3 & 4

MANAGED BY

John Borrowman (217) 430-0645
Rodney Borrowman (630) 247-0667

GENERAL INFORMATION

323.14 Taxable Acres • 4 Tracts

Farmers & investors, be sure to check out this income-producing farm.


TRACT INFORMATION

Tract 1 • 75.29 Taxable Acres

  • FSA records indicate 74.5 NHEL cropland acres
  • Soil Productivity Index: 115.5 (tillable acres)
  • Soils include Titus, Darwin, Ambraw
  • The balance of the farm is a drainage ditch which provides excellent drainage
  • Access along the north side from 285th Ave, along the east side from 180th St., and the south from 280th Ave.

Tract 2 • 79.88 Taxable Acres

  • FSA records indicate 80.23 NHEL cropland acres
  • Soil Productivity Index: 127.3 (tillable acres)
  • Soils include Vesser, Beaucoup, Titus
  • Nearly 100% tillable
  • Access along the east side from 190th St.

Tract 3 • 59.52 Taxable Acres

  • FSA records indicate 59.62 NHEL cropland acres
  • Soil Productivity Index: 125.2 (tillable acres)
  • Soils include Vesser, Coffeen, Wakeland
  • Nearly 100% tillable
  • Access along the west side from 190th St.

Tract 4 • 108.45 Taxable Acres

  • FSA records indicate 104.29 NHEL cropland acres
  • Soil Productivity Index: 126.6 (tillable acres)
  • Soils include Vesser, Beaucoup, Coffeen
  • Nearly 100% tillable
  • Access along the west side from 190th St.

METHOD & TERMS

All 4-tracts will be sold by the acre based on the taxable acres and offered through the marketing method of “Buyer’­­s Choice” whereas the high bidder can purchase (in any order) any or all of the tracts for their high bid. If the high bidder does not take all 4-tracts then “Buyer’s Choice“ auctioning will continue until all tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 be on or before March 21, 2022. Seller will provide Title Insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession will be given at the time of closing and the farm sells free and clear of tenancy for the 2022 crop year.

Bidding is NOT subject to any contingencies including but not limited to financing, appraisal or inspection.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure 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 all 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”.


Richard Nelson Trust & Kris Nelson Trust - Tracts 1 & 2

World Giving Foundation - Tracts 3 & 4

 

Representing Attorney:

Jenna L. Tucker

Rammelkamp Bradney, P.C.

232 West State | P.O. Box 550 | Jacksonville, IL 62651

(217) 245-6177

 

Auction Managers:

John Borrowman (217) 430-0645
Rodney Borrowman (630) 247-0667

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.