mercer county, illinois 240 - sullivan auctioneers · auction manager: dale jones (309) 299-6400...

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FOR ADDITIONAL INFORMATION VISIT WWW.SULLIVANAUCTIONEERS.COM OR CONTACT US TOLL FREE AT (844) 847-2161 TO VISIT WITH A SULLIVAN AUCTIONEERS TEAM MEMBER! AUCTION MANAGER: DALE JONES (309) 299-6400 REPRESENTING ATTORNEY: Marie R. Tarbox • Gosma, Tarbox & Associates PLC 201 W. 2nd St., Suite 401, Davenport, IA 52801 PH (563) 459-0180 www.sullivanauctioneers.com SULLIVAN AUCTIONEERS, LLC SULLIVAN AUCTIONEERS, LLC TOLL FREE (844) 847-2161 www.sullivanauctioneers.com • Lic. #444000107 • Email [email protected] Mercer County, Illinois Dan Sullivan Joe Sullivan Jim Sullivan John Sullivan Matt Sullivan Luke Sullivan Michael Sullivan James Sullivan Jim Huff Jeff Hoyer John Probasco Bill Fretwell Kevin Haas Craig Hoyer John Borrowman Zach Hiner Cody Holst Kyle Ferguson Location & General Information The Boruff Farm is located approx. 2 miles southeast of Reynolds, IL and is further described as being located in Sections 6 & 7, T15N – R2W, Preemption Township, Mercer County, IL. Tract 1 represents Class A, tillable farmland. Tract 2 represents productive tillable cropland. Tracts 3 & 4 are country homes situated on smaller acreages. TRACTS 1 & 2 SELL WITH FARMING RIGHTS FOR THE 2020 CROP YEAR. 240 ACRES± subject to survey 4 Tracts THURSDAY, NOVEMBER 14, 2019 AT 5:00 P.M. AUCTION VENUE: THE ST. JOHN’S CHURCH FELLOWSHIP HALL – 2406 170TH AVE., PREEMPTION, IL 61276 Ann M. Boruff Administrative Trust JOE TRUMM, AFM – US BANK CONTACT AUCTION MANAGER TO VIEW THE HOMES

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Page 1: Mercer County, Illinois 240 - Sullivan Auctioneers · AUCTION MANAGER: DALE JONES (309) 299-6400 REPRESENTING ATTORNEY: Marie R. Tarbox • Gosma, Tarbox & Associates PLC 201 W. 2nd

FOR ADDITIONAL INFORMATION VISIT WWW.SULLIVANAUCTIONEERS.COM OR CONTACT US TOLL FREE AT (844) 847-2161 TO VISIT WITH A SULLIVAN AUCTIONEERS TEAM MEMBER!

AUCTION MANAGER: DALE JONES (309) 299-6400

REPRESENTING ATTORNEY:Marie R. Tarbox • Gosma, Tarbox & Associates PLC

201 W. 2nd St., Suite 401, Davenport, IA 52801PH (563) 459-0180

www.sullivanauctioneers.com

SULLIVANAUCTIONEERS, LLC

SULLIVAN AUCTIONEERS, LLCTOLL FREE (844) 847-2161

www.sullivanauctioneers.com • Lic. #444000107 • Email [email protected]

Mercer County, Illinois

Dan Sullivan Joe Sullivan Jim Sullivan John Sullivan Matt Sullivan Luke Sullivan Michael Sullivan James Sullivan Jim Huff

Jeff Hoyer John Probasco Bill Fretwell Kevin Haas Craig Hoyer John Borrowman Zach Hiner Cody Holst Kyle Ferguson

Location & General InformationThe Boruff Farm is located approx. 2 miles southeast ofReynolds, IL and is further described as being located inSections 6 & 7, T15N – R2W, Preemption Township, MercerCounty, IL. Tract 1 represents Class A, tillable farmland. Tract 2represents productive tillable cropland. Tracts 3 & 4 are countryhomes situated on smaller acreages.

TRACTS 1 & 2 SELL WITH FARMING RIGHTS FOR THE 2020 CROP YEAR.

240ACRES±

subject to survey4 Tracts

THURSDAY, NOVEMBER 14, 2019 AT 5:00 P.M.AUCTION VENUE: THE ST. JOHN’S CHURCH FELLOWSHIP HALL – 2406 170TH AVE., PREEMPTION, IL 61276

Ann M. Boruff Administrative TrustJOE TRUMM, AFM – US BANK

CONTACT AUCTION MANAGER TO VIEW THE HOMES

Page 2: Mercer County, Illinois 240 - Sullivan Auctioneers · AUCTION MANAGER: DALE JONES (309) 299-6400 REPRESENTING ATTORNEY: Marie R. Tarbox • Gosma, Tarbox & Associates PLC 201 W. 2nd

PO Box 111 • Hamilton, IL 62341-0111

www.SullivanAuctioneers.com

FIRST CLASSU.S. POSTAGE

PAIDQUINCY, ILPERMIT 23

62301

AUCTIONEERS, LLC

Mercer County, Illinois

240ACRES±

subject to survey4 Tracts

THURSDAY, NOVEMBER 14, 2019 AT 5:00 P.M.AUCTION VENUE: THE ST. JOHN’S CHURCH FELLOWSHIP HALL – 2406 170TH AVE., PREEMPTION, IL 61276

Method and TermsThe Boruff farm is currently being surveyed. Tracts 1 & 2 will sell on a price per acre basis. Tracts 3 & 4 will be sold for the lump sum, total dollar amount. Tracts 1 & 2will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect, in any order, either or both tracts for their high bid. "Buyer'sChoice" auctioning will continue until both tracts 1 & 2 have been elected. Tracts 3 & 4 will be sold individually. The tracts will NOT be combined or offered in any othercombinations at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of thebid price. The balance of the bid price will be due at the time of closing on or before Monday, December 16, 2019. Bidding is NOT contingent upon financing. Title insurancein the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequentreal estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant’s rights. The farm sells free & clear for the2020 crop year.All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however,no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to theirsatisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

VISIT OUR WEBSITE FOR ADDITIONAL INFO.: www.SullivanAuctioneers.com

SOIL MAPTract 1

SOIL MAPTract 2

Tract InformationTRACT 1 - 81 Acres± (Subject to Survey)• FSA figures indicate 80.76 acres of NHEL croplandcurrently in row crop production

• PI Rating: 145 (Class A)• Soil types include Muscatune, Sable & Denny• Access is along the south side by 170th Ave. & along theeast side 230th St.

TRACT 2 - 157 Acres± (Subject to Survey)• FSA figures indicate 149.17 acres of cropland currentlyin row crop production

• PI Rating: 129.5• Soil types include Muscatune, Osco, Greenbush, Elkhart,Elco-Atlas & Sylvan

• The balance of the farm represents waterways & a timberdraw

• This tract is improved with an older barn• Access is along the north side by 170th Ave. & along theeast side by 230th St.

TRACT 3 - 2.5 Acres, Country Home & Outbuildings (Subject to Survey)• This tract has an older 2-story home with approx. 2,500sq. ft. of living area. The home has a kitchen, diningroom, living room & a bedroom converted into a laundryroom. The 2nd floor has (4) bedrooms & a full bath. Thehome is equipped with an LP gas forced furnace and adrilled well (well also provides water to tract 4 homeacross the road).

• Other improvements include a detached 2-car garage,36'x 60' quonset building, approx. 20,000 bushel grainbin & (2) other smaller grain bins

• Access is along the north side by 170th Ave.

TRACT 4 - 1 Acre & Country Home (Subject to Survey)• 1.5 story home with 1,692 sq. ft. of living area. The firstfloor has a kitchen, dining room, living room, bedroom &a full bath. The upstairs has (3) bedrooms. The homehas central air, gas forced air heat and well water whichis supplied from a well located on tract 3.

• There is also detached garage located on the property. • Access is along the south side by 170th Ave.