SHELBY COUNTY, IL LAND AUCTION – WHITE

Shelby County, Illinois

The Dave & Beverly White farm is located approximately 5 miles north of Shelbyville, Illinois, or 32 miles south of Decatur, Illinois, and is further described as being in Section 13, T12N-R3E, Ridge Township, Shelby County, Illinois.

Dave & Beverly White

John Sullivan (309) 221-6700

168.65 Surveyed Acres • 3 Tracts

The real estate contains a total of 168.65 surveyed acres and will be sold in 3 tracts. The land represents mostly productive tillable cropland, with some wooded acres which provide outdoor recreational opportunities, and several excellent home building sites (Just west and a short distance from Lake Shelbyville).

TRACT 1 - 51.82 Surveyed acres

• FSA map indicates 48.32 NHEL cropland acres (includes 1.62 CRP acres with an annual payment of $308, expires 9/30/2030)
• Productivity Index (PI): 128.6 (tillable acres)
• Soil types include Sunbury, Flanagan, Parr and Dana
• The balance of this tract is a wooded waterway
• Road access along the south side from CR 1800N

TRACT 2 - 93.27 Surveyed acres

• FSA map indicates approximately (split field) 80 NHEL cropland acres (includes approximately 2.42 CRP acres with an annual payment of $460, expires 9/30/2030)
• Productivity Index (PI): 122.6 (tillable acres)
• Soil types include Parr, Flanagan and Dana
• The balance of this tract is grass waterways and a wooded draw
• Rural public water is located along the north side
• Road access along the east side from St Rt 128 and along the north side from CR 1850N

TRACT 3 - 23.56 Surveyed acres

• FSA map indicates 15.08 NHEL cropland acres
• Productivity Index (PI): 120.3 (tillable acres)
• Soil types include Dana, Parr and Flanagan
• Improvements include:
• (6) grain bins with 50,000 bu. total capacity (the 2 largest bins have dryers and stirators, and 5 of the bins have aeration floors and fans)
• 46’ x 60’ open front pole building
• This tract offers several excellent home building sites with its close proximity to Lake Shelbyville.
• Rural public water is located along the north side
• Road access along the north side from CR 1850N

All 3 tracts will be sold by the acre, based on the surveyed acres, and offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. If the high bidder does not take all the tracts, then “Buyers Choice” auctioning will continue until all the tracts have been elected. 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 10, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing and the real estate sells free and clear of tenancy for 2023 and beyond.

Note: Buyer to reimburse the seller for fall applied fertilizer (contact auction manager for details). Buyer to receive the benefit of the fall tillage at no cost.

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”.

Note: This information includes acres that are not involved in this auction PIN 1707-13-00-300-003 - 249.33A - $7486.20