SHELBY COUNTY, IL LAND AUCTION - BRYANT, WEAKLY & DAILY
Thursday, November 14, 2024 - 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
LOCATION
Shelby County, Illinois
The farm is located 9 miles east of Moweaqua, 5 miles west of Bethany, or 15 miles south of Decatur, IL. It is further described as being located in Section 26, T14N-R3E, Penn Township, Shelby County, Illinois.
SELLER
Bryant, Weakly & Daily Farm
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
160.8 surveyed acres • 2 tracts
This 100% Flanagan/Drummer soil farmland offers the best of what central Illinois has to offer. It’s conveniently located near the desirable Decatur grain market outlets.
AUCTION BROCHURE
INTERNET BIDDING CATALOGS
SOLD!
TRACT 1 - $20,400.00 PER ACRE
TRACT 2 - $20,400.00 PER ACRE
TOTAL - $3,280,320.00
TRACT INFORMATION
Tract 1 – 80.4 surveyed acres
- FSA records indicate approximately 81 NHEL cropland acres (split field)
- Productivity Index (PI): 144
- Soil types include Drummer and Flanagan
- 100% tillable
- 100% Class A soils!
- Access along the west side from 1600E Rd
Tract 2 – 80.4 surveyed acres
- FSA records indicate approximately 80 NHEL cropland acres (split field)
- Productivity Index (PI): 144
- Soil types include Drummer and Flanagan
- 100% Class A Soils!
- Improvements include a grain bin and 40 x 60 pole building
- Access along the west side from 1600E Rd
METHOD & TERMS
Both tracts will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts for their high bid, the remaining tract will be sold. 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 Monday, December 16, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Seller is keeping all the 2024 crop income. Possession at closing subject to an existing lease for the 2024 crop year. 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 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”.
AERIAL TOUR
REAL ESTATE TAX INFORMATION
Both tracts combined
PIN 1302-26-00-300-001 - 160.0A - $10,560.58
SOIL TEST RESULTS
- PH - 6.0
- P - 37#/A
- K - 259#/A
YIELD HISTORY
- 2023 Beans 76.5 BPA
- 2022 Corn 265 BPA
- 2021 Beans 65 BPA
Bryant, Weakly & Daily Farm
Representing Attorney:
Nancy Handegan | Handegan Law Office
100 S. Water Street, Suite 102, PO Box 467, Decatur, IL 62523 | (217) 422-2420
Auction Manager:
Kevin Haas (309) 264-7767