Oakford, IL 62673 - Menard County

LOCATION

Menard County, Illinois

118.98 Taxable Acres 1 Tract

SELLER

Roxy Collins

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

Land is located in Section 2, T19NR8W, Oakford Township, Menard County, IL.

REAL ESTATE TAX INFORMATION

These tax bill amounts include Drainage District Taxes

PIN 05-02-200-001 - 79.88 acres - $2033.86

PIN 05-02-200-003 - 36.47 acres - $825.12

PIN 05-02-100-002 - 2.63 acres - $26.78

FSA INFORMATION

Note: This FSA information includes information for land that is not included in this auction.

LOCATION & GENERAL INFORMATION

The Roxy Collins real estate is located approximately 112 miles north of Oakford, IL or 9 miles northwest of Petersburg, IL (30 miles northwest of Springfield, IL or 15 miles south of Havana, IL). From Oakford take Highway 97 north 12 mile to Pump House Road, then north 112 miles to the farm (cross over the levee). The property is further described as being in the Northeast Quarter of Section 2, T19N-R8W, Oakford Township, Menard County, IL.

The Collins farm contains a total of 118.98 taxable acres, will be sold in 1 tract and lies along the Sangamon River. The farm represents productive, tillable bottomland and patches of woods which offers outdoor recreational and hunting opportunities with whitetail deer and waterfowl hunting opportunities.

Farmers, investors and sportsmen - be sure to check out this property which offers many opportunities.

TRACT INFORMATION

118.98 taxable acres

FSA maps indicate 67.45 cropland acres

Additional 19.1 acres enrolled in CRP with an annual payment of $5,860.00 which expires in 2028

After the CRP contract expires in 2028:

7.5 CRP acres can either be farmed or re-enrolled in CRP

11.6 CRP acres become Permanent CREP

Additional 11.02 acres is currently enrolled in Permanent CREP

Productivity Index (PI): 133.3 (tillable acres)

Soil types: Tice and Beaucoup

Balance of the farm is woods which offers excellent outdoor recreational and hunting opportunities

Road access along the west side by Pump House Road

METHOD AND TERMS

The real estate will be sold on a price per acre basis, based on the 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 May 30, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Buyer responsible for the 2022 and all subsequent real estate taxes. Full possession at closing and the land sells free and clear of tenancy for the 2022 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, LLC pertaining to this property. Real estate is being sold AS IS.

Roxy Collins

Representing Attorney:

Stephen Courtney

Grosboll, Tice, Barr & Courtney

101 E. Douglas Ave

Petersburg IL 62675

(217) 632-2282

Auction Manager:

Kevin Haas (309) 264-7767