LOGAN COUNTY, IL LAND AUCTION - BOYER

Tuesday, October 31, 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

LOCATION


Logan County, Illinois

The Boyer farm is located 1 mile south of San Jose, IL or 16 miles northwest of Lincoln, IL. The farm is further described as being located in Section 7, T21N-R4W, Prairie Creek Township, Logan County, Illinois.

SELLER


Dorothy J. Boyer Trust

Danette Lowe, Executor

MANAGED BY


Kevin Haas (309) 264-7767

GENERAL INFORMATION


158.71 taxable acres± • 1 tract

Known locally as the John Bockwitz Farm

Land represents highly productive tillable farmland located in close proximity several grain markets!

SOLD!

TRACT 1 - $13,100.00 PER ACRE

TOTAL - $2,079,101.00

TRACT INFORMATION


  • 158.71 taxable acres±
  • FSA records indicate 148.62 NHEL cropland acres
  • No CRP acres are associated with this tract
  • Productivity Index (PI): 130.7
  • Soil types include Broadwell, Sawmill, Broadwell-Onarga, Broadwell, Knight, Lawndale, Broadwell-Sparta, and Pillot
  • The balance of the farm is waterways and a drainage ditch that provides an excellent tile outlet
  • Access along the north side from CR 2600N and along the west side from CR 4000E (County Line Rd)

METHOD & TERMS


The Boyer 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, December 7, 2023.

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

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”.

AERIAL TOUR


REAL ESTATE TAX INFORMATION


PIN 17-007-003-21 - 158.71A - $4926.56

  • Includes $267.98 drainage district tax

PLAT MAP


AERIAL MAP


SOIL MAP


AERIAL PHOTOS


Dorothy J. Boyer Trust

Danette Lowe, Executor

Representing Attorney:

Jason W. Proehl | Kuhfuss & Proehl PC

342 Elizabeth St., Pekin, Illinois 61554 | (309) 347-4164

Auction Manager:

Kevin Haas (309) 264-7767