Ivesdale, IL 61851 - Champaign County

Wednesday, June 14, 2023 - 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

Champaign & Piatt County, Illinois

The Rodgers Family Farm is located just north of Ivesdale, Illinois. Ivesdale is approximately 16 miles SW of Champaign, Illinois. The property is further described as being located in Section 12, T17NR6E, Bement Township, Piatt County Illinois and Section 7, T17NR7E, Sadorus Township, Champaign County, Illinois.

SELLER

Rodgers Family Farm

Glenn J. Rodgers Trust - Karen A. Sayers, Trustee

Mary Frances Wyse

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

146.48 Surveyed Acres 1 Tract

The real estate contains 146.48 surveyed acres, will be sold in 1 tract and represents highly productive, Class A farmland. This tract is improved with a large amount of drainage tile. The drainage ditch is an excellent outlet for additional tile to be installed.

TRACT INFORMATION

FSA records indicate 132.94 NHEL cropland acres

Productivity Index (PI): 136.5 (Class A)

Soil types include Drummer, Flanagan, Sabina, Russell, Pella, Xenia, Birkbeck, and Sunbury

Approximately 94 acres lie within the Ivesdale village limits

Access along the north side from E1100 N Rd. (Piatt County)/CR 500N (Champaign County) and along the east side from 1st Street.

METHOD & TERMS

The Rodgers Family Farm will be sold on a price per acre basis, based on surveyed 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 July 19, 2023.

The seller will provide title insurance in the full amount of the purchase price. The farm is being sold subject to an existing 50/50 crop share lease for the 2023 crop year. Buyer will assume the landlord share of the lease, will reimburse the seller for all 2023 crop expenses, be responsible for any future 2023 crop expenses, and receive all the landlord share of the 2023 crop. Call auction manager for lease details.

Buyer will pay all the 2023 real estate taxes, due and payable in 2024. Open lease for 2024 crop year and beyond.

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.