Smithfield, IL 61477(Fulton County)

The farm contains a total of 277 acres (subject to survey) and will be sold in 4-tracts. Tracts 1-3 are nearly all tillable, and Tract 4 is wooded with mature trees, some tillable land, and offers outstanding hunting and recreational opportunities.

Farmers, investors and outdoor enthusiasts - be sure to check out this property.

TRACT INFORMATION

Tract 1 - 50 acres (subject to survey)

FSA figures indicate 44.79 cropland acres (actually farming approximately 46 acres)

Productivity Index (PI): 115.7

Soil types include Keomah and Rozetta

Balance of the acres is grass and wooded waterways

Road access along the north and east sides by N. Round Barn Rd

Tract 2 - 35 acres (subject to survey)

FSA figures indicate 25.74 cropland acres

Productivity Index (PI): 117.9

Soil types include Rozetta and Keomah

Balance of the acres is wooded and offers outdoor hunting and recreational opportunities

Road access along the west side by N. Round Barn Rd

Tract 3 - 35 acres (subject to survey)

FSA figures indicate 30.05 cropland acres

Productivity Index (PI): 112.9

Soil types include Rozetta, Keomah and Navlys

Balance of the acres is wooded and offers outdoor hunting and recreational opportunities

Road access along the north and east sides by N. Round Barn Rd

Tract 4 - 155 acres (subject to survey)

Nearly all wooded with mature trees

FSA figures indicate 26.49 cropland acres

Productivity Index (PI): 116.9

Soil types include Rozetta and Keomah

Offers outstanding outdoor hunting and recreational opportunities

Road access along the north and east sides by N. Round Barn Rd

METHOD & TERMS

The Wright farm 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 Buyers Choice, whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice 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 take place on or before November 18, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due in 2025. Possession at closing, subject to an existing cash rent lease for the 2024 crop year only. There are no hunting leases associated with the farm. 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 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Mary K. Wright Estate

Representing Attorney:

Ryan M. Krisher | Bougher, Krisher, Stuckart & Clark

202 N. Lafayette St., Macomb, Illinois 61455 | (309) 833-1702

Auction Manager:

John Sullivan (309) 221-6700