PIKE COUNTY, IL LAND AUCTION - DORSEY

Wednesday, February 5, 2025 - 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


Pike County, Illinois

The Dorsey farm is located on the north edge of Perry, IL or 6 miles west of Chambersburg, IL, or 14 miles south of Mt. Sterling IL, or 15 miles north of Pittsfield IL. The property is further described as being in part of Section 21, T3S-R3W, Perry Township, Pike County, Illinois.

SELLER


Isaac Dorsey

MANAGED BY


John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

GENERAL INFORMATION


25.9 taxable acres± • 1 tract

The farm contains 25.9 taxable acres± and is nearly all tillable productive farmland! Farmers and investors, be sure to check out this investment quality land – you will not be disappointed.

TRACT INFORMATION


  • 25.9 taxable acres
  • FSA records indicate 25.03 NHEL cropland acres
  • Productivity Index (PI): 124.4
  • Soil types include Downsouth, Winfield, and Caseyville
  • Balance of the non-cropland acres is timber
  • US Highway 107 borders along the east side

METHOD & TERMS


The Dorsey farm will be sold on a price per acre basis, based on taxable acres.

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 Wednesday, March 12, 2025.

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. Possession will be give at the time of closing. Open lease for 2025 crop year and beyond.

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


33-023-09 - 23.31 Acres - $819.80 (2023 tax year)

33-027-04 - 2.59 Acres - $56.18 (2023 tax year)

PLAT MAP


AERIAL MAP


SOIL MAP


Isaac Dorsey

Representing Attorney:

Ronald K. Hoskin | Lowry & Hoskin LLC and Western Illinois Title Services, LLC

130 S. Madison P.O. Box 167, Pittsfield, IL 62363 | (217) 285-4220

Auction Managers:

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667