Niantic, IL 62551 - Macon County

LOCATION

Macon County, Illinois

The Blair farm is located 5 miles northwest of Niantic, IL or 15 miles west of Decatur, IL. It is further described as being located in Sections 22 & 27, T17N-R1W, Niantic Township, Macon County, Illinois.

SELLER

Michael J. Blair

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

115.12 taxable acres 2 tracts

Both tracts represent investment grade Class A soils and are located close to excellent Decatur, IL grain market outlets.

TRACT INFORMATION

Tract 1 55.12 taxable acres

FSA records indicate 51.2 NHEL cropland acres

Productivity Index (PI): 142.6

Soil types include Sable & Ipava

Class A soils!

Includes 3 grain bins situated on the north side of the home site

Access along the west side from Acom Rd and along the north side from Park Rd

Tract 2 60 taxable acres

FSA records indicate 59.2 cropland acres

Productivity Index (PI): 140.9

Soil types include Sable, Ipava, Elburn, and Shiloh

Class A soils!

Access along the south side from Park Rd

METHOD & TERMS

The Blair farm will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will continue to be offered Buyers 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 Tuesday, December 23, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay the 2025 real estate taxes due and payable in 2026 through a credit at closing based on the best available information. Possession at closing. Open lease for 2026 crop year. Seller reserves the right to reject any and all bids.

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 pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

Tract 1

PIN 13-05-27-100-001 - 55.12A - $3563.20

Includes $85.36 drainage tax

Tract 2

PIN 13-05-22-400-003 - 60A - $3850.32

Includes $92.90 drainage tax

YIELD HISTORY

Year - Corn Beans

2024 - 68

2023 - 223

2022 - 62

2021 - 207

2020 - 67

2019 - 223

SOIL TEST RESULTS

Tract 1

pH - 5.8

P - 80 #/A

K - 270 #/A

Tract 2

pH - 6.0

P - 63 #/A

K - 296 #/A

Representing Attorney:

Randall W. Segatto | Barber, Segatto, Hoffee, Wilke & Cate, LLP

831 E. Monroe, Springfield, IL 62701 | (217) 544-4868

Auction Manager:

Kevin Haas (309) 264-7767