Pike County, Illinois Land Auction – Fulmer

Fulmer Calendar Image

Thursday, December 22, 2022 - 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

Pike County, Illinois

The farm is located approximately 2 miles north of Time, IL, or 5.5 miles southeast of Pittsfield, IL, and is further described as being in Section 34, T5S-R3W, Newburg Township, Pike County, IL.

Fulmer Calendar Image

Seller

Fulmer Family Trust

Linda Fulmer – Trustee

Sally Bennett Trust

Managed By

Rodney Borrowman 630-247-0667

John Borrowman 217-430-0645

General Information

170 Acres±  (subject to survey) 2 Tracts

The property contains a total of 170 acres+/- (subject to survey) and will be sold in 2 tracts. 

Farm represents productive tillable cropland and prime Pike County, IL Whitetail Deer & Wild Turkey Hunting acreage!

Tract Information

Tract 1 - 110 Acres±  (Subject to Survey)

  • FSA maps indicate 93.72 HEL (Split Field)
  • Productivity Index (PI): 115.5
  • Soil types include Winfield, Menfro, and Downsouth
  • Balance of acres in timber and waterways
  • Access along the south side from 225th Avenue.

Tract 2 - 60 Acres±  (Subject to Survey)

  • FSA maps indicate 45.00 HEL (Split Field)
  • Productivity Index (PI): 117.7
  • Soil types include Winfield, Caseyville, and Downsouth
  • Balance of acres in timber and waterways
  • Access along the south side from 225th Avenue.

 

Method & Terms

The tracts will be sold on a price per acre basis, based on a soon to be completed survey.  Both tracts will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) either or both of the 2 tracts for their high bid. “Buyers Choice” auctioning will continue until both tracts have been elected. The tracts will not be offered in their entirety at the end of the auction.

​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 February 2, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. ADD IN ABOUT 2 YEAR LEASE AGREEMENT.

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

Plat Map

Aerial Map

FSA Information

SOIL MAP

Subject Photos

Fulmer Family Trust

Linda Fulmer - Trustee

Sally Bennett

 

Representing Attorney:

Ronald K. Hoskin |  Lowry & Hoskin, LLP

130 S Madison St. Pittsfield, IL 62363 | (217) 285-4822

 

Auction Managers:

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645