Mount Sterling, IL 62353(Brown County)

The farm contains a total of 140 taxable acres and will be sold in 2-tracts. Tract 1 is nearly all-tillable with Class A and B soils; Tract 2 is a combination farm that is tillable and wooded - offering income producing cropland acres and wooded acres with excellent hunting and wildlife recreational opportunities.

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TRACT INFORMATION

Tract 1 - 80 taxable acres

FSA figures indicate 76.37 NHEL cropland acres

Productivity Index (PI): 128.2 (tillable acres)

Soil types include Virden, Clarksdale and Ipava

Improved with a 6,000 bu grain bin with dryer

Road access is along the south side

Tract 2 - 60 taxable acres

FSA figures indicate 28.60 NHEL cropland acres

Productivity Index (PI): 112.8 (tillable acres)

Soil types include Keomah and Rozetta

The balance of the acres is wooded offering excellent hunting and outdoor recreational opportunities

Road access is along the north side

METHOD & TERMS

Both tracts will be sold individually, on a price per acre basis, based on the taxable acres. The tracts will NOT be offered together 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 April 11, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due and payable in 2025. Buyer responsible for all the 2025 real estate taxes and beyond. Both tracts sell free & clear of any farm or hunting tenancy for 2025 and beyond. Full 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 pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

Tax ID # 0421100004

Tax Acres - 120

Tax - $4,027.86

Tax ID # 0420400003

Tax Acres - 20

Tax - $92.82