El Paso, IL 61738 - Woodford County

Tuesday, March 5, 2024 - 1:00 PM 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

Woodford County, Illinois

The James Brady farm is located 5 miles northeast of El Paso, IL or 20 miles north of Bloomington, IL. It is further described as being located in Section 36, T27N-R2E, Panola Township, Woodford County, Illinois.

SELLER

James Brady Farm

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

77.6 taxable acres 1 tract

Farmers & investors, another opportunity to purchase a high-quality Class A Woodford County farm! Ideal location with full farming rights for the upcoming 2024 crop year.

TRACT INFORMATION

77.6 taxable acres

FSA records indicate 77.6 NHEL cropland acres (100% tillable)

Productivity Index (PI): 143.5 (Class A)

Soil types include Flanagan, Drummer and Elpaso, and Chenoa

Full farming rights for the 2024 crop year

Access along the east side from 3200E Rd

REAL ESTATE TAX INFORMATION

PIN 12-36-200-003 - 80.0 acres - $7,834.50

Note: This includes the house and building site which is not included in the auction.

Farmland only taxes are estimated at $5,057.20

METHOD & TERMS

The James Brady farm will be sold on a price per acre basis, based on taxable 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 Friday, April 5, 2024.

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

James Brady Farm

Representing Attorney:

Benjamin H. Roth

205 E Gridley Road, Gridley, IL 61744 | (309) 747-2230

Auction Manager:

Kevin Haas (309) 264-7767