This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.

The Mapes Family Trust farm will be sold by the acre based on 126.65 surveyed acres.

Immediately following the auction, the successful bidder 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 the closing. The balance of the purchase price will be due at closing which will be on or before October 1, 2021. The seller will pay the 2021 real estate taxes, due in 2022, and will retain all interest in the growing crop. Title insurance in the full amount of the purchase price will be provided by the seller. Full possession will be given at the time of closing subject only to the current farm tenancy.

Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, website, etc, 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".


CLICK HERE TO VIEW FSA INFORMATION

CLICK HERE TO VIEW MANURE EASEMENT

CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT


Mapes Family Trust

Representing Attorney:
Bruce Biagini
Flack, McRaven & Stephens
32 West Side Courthouse Square
PO Box 359
Macomb, IL 61455-2219
(309) 837-5000

Auction Managers:
Randy Sharpe (217) 357-4993
John Sullivan (309) 221-6700
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• 126.65 surveyed acres
• FSA figures indicate 123.33 NHEL cropland acres
• Soil Productivity Index (PI): 138.4 (Class A)
• Soil types include: Ipava and Virden
• Some field drainage tile (Contact auction rep for details)
• E County Road 2000 borders the farm on the south side and N County Road 1700 on the east side
• Farmers and investors, be sure to check out this excellent, nearly all tillable farm, Class A farm.
• This farm has a manure easement through 2032

The purchase agreement will be adjusted to a quantity of 126.65 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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