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Search Land - 320.9± Acres as 2 Tracts · Class A Farmland · Brown County, IllinoisNew Property

320.9± Acres as 2 Tracts · Class A Farmland · Brown County, IllinoisNew Property

Auction
Route 99, Mt Sterling, IL
Status: Active
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Property Type
Acreage
Farm Auction
Acreage
320.9 acres
County
Brown, IL
Format
Auction
Features
N/A
List Date
Apr 25, 2024
Documents
Brochure
Description
Some of the best farmland Brown County, Illinois has to offer! Bidders have the option to bid on either or both tracts. The four highest bidders for each tract will have the opportunity to raise their bids at a private live auction. Details are below for each of these great tracts. Contact the Seller's Designated Representative and Managing Broker, Luke Worrell, at 217-473-7039 with questions or to schedule time to tour the properties. Tract 1 · 167.9±  Taxable Acres · 96% Tillable · Class A Soils (139.2 PI) An incredible opportunity to significantly expand your Class A tillable acreage! These 167.9 total acres are nearly entirely tillable, with 161.5± highly-productive NHEL row crop acres. Five-year yield averages are 230 bu/ac corn and 76 bu/ac beans. Soils clock in at an impressive 139.2 Productivity Index Rating. The Westernmost 60 acres of the property has been pattern tiled within the last 10 years. Farm unencumbered in nice long rows, with exceptional access from three sides. Property Location: 1.5± miles North of Mt. Sterling along Route 99 in Brown County S5&6-T1S-R3W Acreage: 167.9 total taxable acres, 161.5± USDA NHEL tillable acres Access: From Route 99 along the East, County Road 1200N along the North and County Road 700E along the West Productivity Index Rating: 139.2 Primary Soil Type: Ipava 5-Year Yield History: 230 bu/ac corn, 76 bu/ac beans Topography: Level Parcel Numbers: 05-008-001-00, 05-009-004-00 2022 Real Estate Taxes: $7,672.56 Tenancy: The farm is leased for 2024 (details available upon request).  The successful buyer will assume the landlord's position for the 2024 growing season.  Tenancy ends upon 2024 harvest and the farm is free and clear of 2025 tenancy. *************** Tract 2 · 153± Taxable Acres · 92% Tillable · Class A Soils (136.1 PI) Another head-turner, this 153± acre tract is another chance to expand your operation with a strong producer! Of the total acreage, 141.31± acres are tillable and boast a Class A Productivity Index Rating of 136.1. Five-year yield averages are 230 bu/ac corn and 76 bu/ac beans. The slight roll of the farm assists with drainage. Easy access is available along the North and West. Property Location: 1± mile West of Mt. Sterling where Route 24 meets County Road 600E in Brown County S7-T1S-R3W Acreage: 153 total taxable acres, 141.31± tillable acres (109.22 NHEL, 32.09 HEL) Access: From County Road 600E along the West and County Road 1100N along the North Productivity Index Rating: 136.1 Primary Soil Type: Ipava Topography: Level to slightly rolling Parcel Number: 05-010-001-00 2022 Real Estate Taxes: $6,344.52 Tenancy: The farm is leased for 2024 (details available upon request).  The successful buyer will assume the landlord's position for the 2024 growing season.  Tenancy ends upon 2024 harvest and the farm is free and clear of 2025 tenancy. *************** Seller: Hendrick Family LLC Representing Attorney: John R. Simpson · Sorling Northrup · 217-544-1144 Sealed Bid Process: Sealed bids are due by 12:00 Noon CST on Friday, May 24. Bidders have the option to bid on either or both tracts. The top four bidders per tract will be contacted by 5:00pm CST Friday, May 24. The four highest bidders for each tract will have the opportunity to raise their bids at a private live auction on Wednesday, May 29 at 10:00AM (absentee bidding available upon request, location TBD). The highest sealed bid per tract will be the opening bid for the live portion of the auction. Additional details available on the bid form located within the property brochure (available for download from this page or email LukeW@Worrell-LandServices.com). Terms & Conditions: Upon conclusion of the live auction on Wednesday, May 29, Sellers and Buyer(s) shall enter into a purchase agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. The successful bidder is purchasing with no financing contingencies and must be prepared for cash settlement of the purchase on or before July 10. Possession will be given at closing. Transfer will be by the LLC members to Buyer(s). If more than one Buyer is involved, transfer will be by an appropriate interest of the LLC to each Buyer. Seller will be responsible for drafting any such transfer documents to convey an appropriate interest to Buyer(s). Seller will furnish title insurance in amount of the purchase price. The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Seller approval. Seller is not responsible for any accidents that may occur while inspecting the property. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions are assumed by the Seller or its agent. Announcements made by the Broker at the time of sale will take precedence over any previously printed material or any other oral statements made. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the seller’s agent.
Listing Agent
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Luke Worrell
Co-Op Member Owner
Worrell Land Services, LLC
Jacksonville, Illinois
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