Kilbourne, IL 62655 - Mason County

Monday, March 11, 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

Mason & Menard County, Illinois

The VanEtten Family farm real estate contains approximately 764 acres (subject to survey) to be sold in 10-tracts and is located in Mason and Menard County, IL. Tracts 1 - 6 are located north and east of Kilbourne, IL (Mason County), and Tracts 7 - 10 are located at the east edge of Petersburg, IL (Menard County). Kilbourne is located approximately 10 miles south of Havana, IL or 15 miles northwest of Petersburg, IL, and Petersburg is located approximately 20 miles northwest of Springfield, IL.

The Mason County land is further described as being in part of Sections 8, 25, 26, & 36, T19-20N-R8W (Kilbourne Township), and Section 14, T19-20N-R7W (Crane Creek Township), Mason County, Illinois. The Menard County land is in part of Sections 17 and 18, T18N-R6W (Petersburg East Township), Menard County, Illinois.

SELLER

The VanEtten Family

MANAGED BY

John Sullivan (309) 221-6700

GENERAL INFORMATION

764 acres (subject to survey) 10 tracts

The tracts offer a variety of opportunities: Several tracts are all tillable with center pivot irrigation, several tracts offer outdoor hunting and recreational opportunities and several tracts offer excellent development potential.

Farmers, investors, developers and outdoor enthusiasts - be sure to check out these properties which offer something for everyone.

TRACT INFORMATION

Tract 1 - 117 acres (subject to survey)

FSA maps indicate 115.91 NHEL cropland acres

96.96 acres under irrigation

Productivity Index (PI): 115.5

Soil types include Marshan, Ridgeville and Udolpho

Improvements include:

Zimmatic 7-tower electric center pivot irrigator

GSI 10,000 bu grain bin with dryer

Located in Section 8, Kilbourne Township, Mason Co, IL

Road 900N borders along the south side

Tract 2 - 62 acres (subject to survey)

Mostly wooded with mature trees (many Pine)

FSA maps indicate 19.5 NHEL cropland acres

Productivity Index (PI): 88.6 (tillable acres)

Soil types include Bloomfield, Alvin and Plainfield

Excellent hunting and outdoor recreational tract with Whitetail deer, turkey and other wildlife abundant

Several nice building sites

Located in Section 26, Kilbourne Township, Mason Co, IL

Road 2050E borders along the west side

Tract 3 - 138 acres (subject to survey)

FSA maps indicate 119.03 NHEL cropland acres

89.96 acres under irrigation

Productivity Index (PI): 105.8 (tillable acres)

Soil types include Alvin, Bloomfield, Ambraw and Marshan

Improved with a Reinke 5-tower center pivot irrigator with newer John Deere 4.5L power unit (only 1490 hours)

Located in Sections 25 & 26, Kilbourne Township, Mason Co, IL

Road 600N borders partially along the south side

Tract 4 - 120 acres (subject to survey)

FSA maps indicate 104.48 NHEL & HEL cropland acres

Productivity Index (PI): 110.8 (tillable acres)

Soil types include Alvin, Onarga and Sawmill

Balance of the non-cropland acres is wooded patches which offers hunting and outdoor recreational opportunities - could be cleared and a pivot installed

Improved with conservation terraces

Herget drainage ditch is located along the south side

Located in Section 25, Kilbourne Township, Mason Co, IL

Road 2200E borders along the east side

Tract 5 - 40 acres (subject to survey)

FSA maps indicate 39.4 NHEL cropland acres

36.45 acres under irrigation

Productivity Index (PI): 103.2

Soil types include Sparta, Landes and Riley

Improved with a Reinke 3-tower electric center pivot irrigator

Located in Section 36, Kilbourne Township, Mason Co, IL

Accessed off Road 2200E along the south side of Tract 4

Tract 6 - 118 acres (subject to survey)

FSA maps indicate 115.54 NHEL cropland acres

104.72 acres under irrigation

Productivity Index (PI): 104.9

Soil types include Hooppole, Bloomfield, Onarga and Dakota

Improved with a Reinke 7-tower electric center pivot irrigator

Located in Section 14, Kilbourne Township, Mason Co, IL

Road 2650E borders along the west side and Road 880E along the north side

Tract 7 - 43 acres (subject to survey)

FSA maps indicate 38.35 NHEL cropland acres

Productivity Index (PI): 115.4 (tillable acres)

Soil types include Rozetta, Keomah, Sylvan-Bold and Clarksdale

Ideally located at the east edge of Petersburg, IL

Public water available from the city of Petersburg and Athens

Located in Section 18, Petersburg East Township, Menard Co, IL

Highway 123 borders along the south side, the Curtis Blacktop along the west side and Oakwood Lane along the north side

Tract 8 - 38.8 acres (subject to survey)

FSA maps indicate 36.30 NHEL cropland acres

Productivity Index (PI): 117.7 (tillable acres)

Soil types include Keomah and Rozetta

Ideally located at the east edge of Petersburg - just south of Highway 123

Public water available from the city of Petersburg and Athens

A small cemetery is located in the southeast corner

Excellent development potential

Located in Section 18, Petersburg East Township, Menard Co, IL

60 access on the north side, and along the east side, off Highway 123

Tract 9 - 41.2 surveyed acres

FSA maps indicate 38.56 NHEL cropland acres

Productivity Index (PI): 134.6 (Class A) (tillable acres)

Soil types include Plano, Harpster and Sylvan-Bold

Conservation work has been completed - will need to be no-tilled for the 2024 crop year only

Ideally located at the east edge of Petersburg - just south of Highway 123

Located in Section 18, Petersburg East Township, Menard Co, IL

Access into the northwest corner off HWY 123

Tract 10 - 46 acres (subject to survey)

Combination of woods and open grassland

12.88 acres in CRP with an annual payment of $2,384.00, which expires in September 2030

Productivity Index (PI): 104.6 (tillable acres)

4 beautiful ponds - excellent fishing, hunting and outdoor recreation

Ideally located at the east edge of Petersburg

Public water available from the city of Petersburg and Athens

Agreement in place with Petersburg for a water line along the west side

Outstanding development tract with several beautiful building sites

Located in Sections 17 & 18, Petersburg East Township, Menard Co, IL

Highway 123 borders along the south side and Oakwood Lane along the north side

METHOD & TERMS

The VanEtten real estate will be sold on a price per acre basis, based on the surveyed acres. Tracts 1 - 6 will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any individual tract or tracts (in any order) for their high bid. If the high bidder does not elect all the offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all 6 tracts have been elected. We will then offer Tracts 7, 8 and 9 as Buyers Choice, and then sell Tract 10 individually. The tracts will not be offered together or in any combination at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign and enter into a written 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 April 12, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes which are due and payable in 2024. The buyer will be responsible for the 2024 and all subsequent real estate taxes. Full possession will be given at closing as the properties sell free and clear of tenancy for 2024.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made on 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 all 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.

The VanEtten Family

Representing Attorney:

Charles Kim Smith

113 East Douglas St., Petersburg, IL 62675 | (217) 632-7750

Auction Manager:

John Sullivan (309) 221-6700