SHELBY COUNTY, IL LAND AUCTION – DONNEL

Tract 1 - 160.0 Taxable Acres±

• FSA figures indicate 157.96 NHEL cropland acres
• Productivity Index (PI): 144
• Soil types include Drummer and Flanagan
• The well on this tract services the house located across the road to the south. See website for easement details.
• Access along the south side from 2100N Rd and along the west side from 1400E Rd

Tract 2 - 78.5 Taxable Acres±

• FSA figures indicate 77.05 NHEL cropland acres
• Productivity Index (PI): 143.7
• Soil types include Flanagan, Drummer, and Peotone
• Includes a small parking area where the concrete bin foundations are located
• Access along the north side from 2100N Rd and along the west side from 1400E Rd

Tract 3 - 40.0 Taxable Acres±

• FSA figures indicate 40.31 NHEL cropland acres
• Productivity Index (PI): 140.9
• Soil types include Drummer, Raub, and Flanagan
• Access along the west side from 1400E Rd

Tract 4 - 78.61 Taxable Acres±

• FSA map figures indicate 72.08 NHEL cropland acres
• Productivity Index (PI): 140
• Soil types include Flanagan, Drummer, Dana, Catlin, and Parr
• Includes a small patch of mature timber in the southwest corner, which provides excellent deer hunting
• Access along the east side from 1525E Rd

The Dale Donnel Trust and Imogene Donnel Trust farm will be sold on a price per acre basis, based on taxable acres. All 4 tracts will be offered through the marketing method of “Buyer’s 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 “Buyer’s 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 1, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. 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”.

Corn 245 BPA

Beans 64.8 BPA

Corn 243 BPA

Beans 63.4 BPA

Tract 1

• pH - 6.15
• P - 60#/A
• K - 315#/A

Tract 2

• pH - 6.25
• P - 72#/A
• K - 321#/A

Tract 3

• pH - 6.4
• P - 63#/A
• K - 300#/A

Tract 4

• pH - 6.35
• P - 52#/A
• K - 264#/A

Tract 1 - PIN 1404-33-00-300-001 - 160.0A - $9084.96

Tract 2 - PIN 1707-04-00-100-004 - 78.5A - $4329.10

Tract 3 - PIN 1707-09-00-100-001 - 40.0A - $2045.24

Tract 4 - PIN 1707-03-00-100-008 - 78.61A - $3677.82