Bradford, IL 61421 - Stark County

Thursday, July 25th, 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

Bureau and Stark County, Illinois

Tracts 1-9 of the James & Jill Barto real estate are located approximately 4.5 miles northeast of Bradford, IL and further described as being located in Section 36, T15N-R7 E, Macon Township, Sections 31 & 32, T15N-R8E, Indiantown Township, Sections 5 & 6, T14N-R8E, Milo Township, Bureau County, IL.

Tracts 10 & 11 are located approximately 3 miles northwest of Bradford, IL and further described as being located in Section 10, T14N-R7E, Osceola Township, Stark County, IL.

Tracts 12 & 13 are located south of Osceola, IL on the west side of Osceola Road and further described as being located in Sections 11, 14 & 15, T14N-R6E, Elmira Township, Stark County, IL.

SELLER

James & Jill Barto

MANAGED BY

Isaac Taber (309) 335-8081

Brandt Henness (309) 224-4276

GENERAL INFORMATION

909 acres (subject to survey) 13 tracts

The James & Jill Barto real estate represents highly productive tillable cropland. A truly unique opportunity for farmers to expand their operation and investors to add to their portfolio. These are highly tillable tracts with 500 acres holding Class A soil. Mark your calendars!

TRACT INFORMATION

Tract 1 73.5 taxable acres

FSA figures indicate 72.1 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 142.1 (Class A)

Soil types include Elburn, Plano, Drummer, and Thorp

Access along County Rd 600 N

Tract 2 40 taxable acres

FSA figures indicate 40.52 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 143.6 (Class A)

Soil types include Drummer and Elburn

Pattern tiled

Access along County Rd 600 N

Tract 3 80 acres (subject to survey)

FSA figures indicate 80.3 estimated acres of NHEL cropland currently in row crop production

Productivity Index (PI): 143.5 (Class A)

Soil types include Drummer, Elburn, and Plano

Pattern tiled

Access along County Rd 600 N

Tract 4 80 acres (subject to survey)

FSA figures indicate 78.01 estimated acres of NHEL cropland currently in row crop production

Productivity Index (PI): 143 (Class A)

Soil types include Elburn, Plano, and Drummer

Pattern tiled

Access along County Rd 600 N

Tract 5 77 acres (subject to survey)

FSA figures indicate 73.68 estimated acres of NHEL cropland currently in row crop production

Productivity Index (PI): 142.8 (Class A)

Soil types include Plano, Drummer, and Elburn

Access along County Rd 600 N

Tract 6 - 80 acres (subject to survey)

FSA figures indicate 74.95 estimated acres of NHEL cropland currently in row crop production

Productivity Index (PI): 142.5 (Class A)

Soil types include Plano, Elburn, and Drummer

Access along County Rd 600 N

Tract 7 40 taxable acres

FSA figures indicate 38.5 acres of NHEL cropland currently in row crop production

Additional 2 acres of cropland are enrolled in a CP8A CRP contract. This contract pays $363.40 per acre for an annual payment of $727.20. The contract expires 9-30-2026.

Productivity Index (PI): 142.1 (Class A)

Soil types include Drummer, Elburn, Parkway, and Flanagan

Access along 1300 E St

Tract 8 40 taxable acres

FSA figures indicate 37.79 acres of NHEL cropland currently in row crop production

Additional 2.1 acres of cropland are enrolled in a CP8A CRP contract. This contract pays $363.40 per acre for an annual payment of $763.14. The contract expires 9-30-2026.

Productivity Index (PI): 136.8 (Class A)

Soil types include Parkway, Flanagan, and Elburn

Access along 1300 E St

Tract 9 80 taxable acres

FSA figures indicate 71.28 acres of cropland currently in row crop production

Productivity Index (PI): 132.8

Soil types include Elburn, Plano, and Parkway

Remaining balance of the property consists of an older homesite and buildings

Access along County Rd 1225 E

Tract 10 78.5 acres (subject to survey)

FSA figures indicate 70.84 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 131.9

Soil types include Plano and Elburn

Pattern tiled

Access along County Rd 20

Tract 11 52 acres (subject to survey)

FSA figures indicate 38.96 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 123.3

Soil types include Plano, Dakota, and Otter

Pattern tiled

Access along Highway 40

Tract 12 95 acres (subject to survey)

FSA figures indicate 78.49 acres of NHEL cropland currently in row crop production

Additional 2 acres of cropland are enrolled in a CP8A CRP contract. This contract pays $296.93 per acre for an annual payment of $594.00. The contract expires 9-30-2026.

Productivity Index (PI): 126.6

Soil types include Muscatune, Keomah, and Rozetta

Pattern tiled

Access along Osceola Rd.

Tract 13 93 acres (subject to survey)

FSA figures indicate 81.93 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 119

Soil types include Keomah and Rozetta

Pattern tiled

Access along Osceola Rd.

METHOD & TERMS

All 13 tracts will be sold on a price per acre basis, based on taxable and surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect Tracts 1-13 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 of Tracts 1-13 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(s) 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. The balance of the bid price will be due at the time of closing, on or before Friday, October 25th, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Possession will be given at the time of closing, subject to the removal of the crops. 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 & Jill Barto

Representing Attorney:

Michael Massie

115 NW 3rd Ave, PO Box 205, Galva, IL 61434 | (309) 932-2168

Auction Managers:

Isaac Taber (309) 335-8081

Brandt Henness (309) 224-4276