BROWN COUNTY, IL LAND AUCTION - KNOWN LOCALLY AS THE BUSEN FARM

Tract 1 - 71.02 Surveyed Acres

• FSA figures indicate 64.78 NHEL cropland acres
• Productivity Index (PI): 136.6 (Class A)
• Soil types include Virden, Ipava and Timewell
• Balance of the acres is a shared pond and grass waterway
• Public road 1150 N Ave borders on the south side and 200 E St on the west side

Tract 2 - 78.59 Surveyed Acres

• FSA figures indicate 75.34 NHEL cropland acres
• Productivity Index (PI): 136.5 (Class A)
• Soil types include Virden and Ipava
• Basically 100% tillable with some newer plastic drainage tile recently installed
• Public road 1150 N Ave borders on the south side and 1200 N Ave on the north side

Tract 3 - 51.30 Surveyed Acres

• FSA figures indicate 46.63 cropland acres
• Productivity Index (PI): 111.6 (tillable acres)
• Soil types include Clarksdale, Fishhook, Virden and Rushville
• Balance of the acres is grass waterways
• Public road 150 E St borders on the west side

Tract 4 - 27.01 Surveyed Acres

• FSA figures should indicate 19.89 cropland acres (split field)
• Productivity Index (PI): 117 (tillable acres)
• Soil types include Rozetta and Clarksdale
• Balance of the acres is pastureland
• You are welcome to walk this parcel, but be aware the tenant has cattle on the pasture, so please keep all gates closed
• Public road 150 E St borders on the west side and 1200 N Ave on the south side

Tract 5 - 147.40 Surveyed Acres

• FSA figures should indicate 63.46 cropland acres (split field)
• Productivity Index (PI): 109.6 (tillable acres)
• Soil types include Keomah, Rozetta and Rushville
• Balance of the acres is improved pastureland which is well fenced, trees and 4 ponds
• This tract offers many opportunities including livestock production, outdoor recreation and hunting, and potential home/cabin building sites
• Public road 1200 N Ave borders on the south side

All 5 tracts will sell on a per acre basis based on the acres obtained from the survey. All 5 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 5 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before October 20, 2023.

The sellers will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Possession will be given at the time of closing, subject to a farm tenancy for the 2023 production year. Sellers are retaining all farm income for 2023. The farm sells free and clear of tenancy for 2024.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

All announcements on sale day shall take precedence over any prior advertising, either written or oral. The information in this brochure, on our website and in our advertisements 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 pertaining to the property. The real estate and improvements are being sold “AS IS”.

Tracts 1 & 2

06-004-006-00 - 141.50 taxable acres - $5,777.08

Tracts 3 & 5 (Partial)

03-043-005-00 - 72 taxable acres - $1,498.56

Tracts 4 & 5 (Partial)

03-043-009-00 - 86.50 taxable acres - $1,301.56

Tract 5 (Partial)

03-045-003-00 - 61 taxable acres - $587.28