Pawnee, IL 62558 - Sangamon County

Tuesday, April 2, 2024 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Sangamon County, Illinois

The Schryver Trust farms are located 10 miles southeast of Springfield, IL city limits, or 2 miles northwest of Pawnee, IL. The farm is further described as being located in Section 35, T14N-R5W, Capital Township, and Section 2, T13-R5W, Pawnee Township, Sangamon County, Illinois.

SELLER

Frances Shepherd Schryver Trust

MANAGED BY

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

Kevin Haas (309) 264-7767

GENERAL INFORMATION

123.18 taxable acres 3 tracts

The Schryver Trust farms offer something for everyone. Farmers, investors, developers, and outdoor enthusiasts, dont miss this opportunity to purchase these high-quality farms in a desirable area with full farming rights for the upcoming 2024 crop year.

TRACT INFORMATION

Tract 1 - 80 taxable acres

FSA figures indicate 80.22 NHEL cropland acres

Productivity Index (PI): 139.8 (Class A!)

Soil types include Ipava, Virden, and Denny

Access along the north from Dickey Road

Tract 2 - 23.18 taxable acres

FSA figures indicate 20.04 cropland acres

Productivity Index (PI): 127.7

Soil types include Osco, Harrison, Rozetta, and Ipava

Excellent building site

Opportunity for field edge deer hunting along the west side

Access along the east from Joline Road

Tract 3 - 20 taxable acres

FSA figures indicate 17.65 HEL cropland acres

Includes 2.7 CRP acres with an annual payment of $773.00, expires 9/30/2032

Productivity Index (PI): 125

Soil types include Osco, Harrison, Assumption, and Ipava

Excellent building site

The balance of this tract is wooded draws which provides for excellent whitetail deer hunting

Access along the west from Joline Road

METHOD & TERMS

The Schryver Trust 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 of the tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) 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 Thursday, May 2, 2024.

The seller will provide title insurance in the full amount of the purchase price and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 2024 taxes and beyond. Open lease for 2024 crop year and beyond with possession at closing.

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.

REAL ESTATE TAX INFORMATION

Tract 1

PIN 35-02.0-200-002 - 80.0A - $3229.94

Tract 2

PIN 29-35.0-400-001 - 16.27A - $566.40

PIN 29-35.0-300-009 - 4.16A - $86.34

PIN 29-35.0-200-004 - 2.25A - $79.80

PIN 29-35.0-100-015 - 0.50A - $11.82

Tract 3

PIN 29-35.0-200-008 - 20.0A - $539.68

Frances Shepherd Schryver Trust

Representing Attorney:

Tyler Eathington | Quinn Johnston

227 NE Jefferson, Peoria, IL 61602 | (309) 674-1133

Auction Managers:

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

Kevin Haas (309) 264-7767