Moweaqua, IL 62550(Shelby County)

Kevin Haas (309) 264-7767

OPEN HOUSE - TRACT 3

Thursday, October 26 4:00 PM - 5:00 PM & Saturday, October 28 10:00 - 11:00 AM

GENERAL INFORMATION

301.37 total acres 4 tracts

The real estate contains 301.37 total acres and will be sold in 4 tracts. Farmers, investors, hunters and developers, dont miss this opportunity something for everyone!

TRACT INFORMATION

TRACT 1 - 87.32 taxable acres

FSA figures indicate 86.65 NHEL cropland acres

Productivity Index (PI): 137.6 (Class A)

Soil types include Elburn, Drummer, Proctor, and Camden

Residential and commercial development potential

Entire tract lies within Village of Moweaqua TIF district

Access along the south side from W Cedar St and along the west side from CR 2700E

TRACT 2 - 40.0 taxable acres

FSA figures indicate 38.47 NHEL cropland acres

Productivity Index (PI): 134.7 (Class A)

Soil types include Drummer, Brooklyn, Ipava, Osco, Elburn, and Camden

Access along the south side from Hilvety Rd/2100N Rd and along the east side from Boody Rd

TRACT 3 - 39.0 taxable acres

FSA figures indicate 28.43 NHEL cropland acres

Productivity Index (PI): 132.4

Soil types include Camden, Elburn, Drummer, Blackberry, and Plano

The balance of this tract includes a wooded draw and grassland

This tract is improved with a country home situated in a beautiful setting - 4 bedroom, 1 bath, excellent water well, and natural gas service

Access along the south side from Hilvety Rd/2100N Rd and along the west side from Boody Rd

TRACT 4 - 135.05 surveyed acres

FSA map figures indicate 107.81 NHEL cropland acres

Includes 5.8 CRP acres, $1,342 annual payment, expires 9/30/2025

Includes 1.1 CRP acres, $210 annual payment, expires 9/30/2030

Productivity Index (PI): 122.5

Nice mix of productive farmland, CRP income, and recreational property

Soil types include Camden, Radford, Starks, and Elburn

The balance of this tract is mature timber which provides for excellent hunting and outdoor recreational opportunities; includes nice mix of productive farmland, CRP income, and recreational property

Many excellent building sites and residential development possibilities

Access by way of 2 separate recorded easements from CR 800E

METHOD & TERMS

The RR & DD Wise Farms will be sold on a price per acre basis, based upon the acres found in this advertisement. All 4 tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the 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 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 Friday, December 15, 2023.

The seller will provide title insurance in the full amount of the purchase price. Open lease for 2024 crop year and beyond. Possession at closing.

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, LLC pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

Tract 1

PIN 1001-30-00-200-003 - 52.68A - $2515.12

PIN 1001-30-00-400-013 - 34.64A - $2213.02

Tract 2

PIN 15-19-14-400-002 - 40.0A - $2135.38

Tract 3

PIN 15-19-13-300-008 - 39.0A - $4923.48

Tract 4

PIN 0603-08-00-200-011 - 32.85A - $770.64

PIN 0603-05-00-400-001 - 80.0A - $1416.90

PIN 0603-05-00-200-010 - 19.09A - $612.58

RR & DD Wise Farms

Representing Attorney:

Dustin L. Probst | Dove & Dove, Attorneys at Law

151 S. Morgan St., P.O. Box 647, Shelbyville, IL 62565 | (309) 677-9519

Auction Manager:

Kevin Haas (309) 264-7767