Sangamon County, IL Land Auction – Halbert

Halbert Calendar Image

Tuesday, December 20, 2022 - 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

Sangamon County, Illinois

Tract 1 is located approximately 5.5 miles northwest of Illiopolis, IL, or 20 miles east of Springfield, IL, or 20 miles west of Decatur, Illinois, and is further described as being in Section 4, T16N-R2W, Lanesville Township, Sangamon County, IL.

Tracts 2 and 3 are located on the northwest edge of Salisbury, IL, or approximately 10 miles south of Petersburg, IL, or 12 miles northwest of Springfield, IL with HWY 97 road frontage, and is further described as being in Section 29,T17N-R6W, Gardner Township, Sangamon County, IL. 

Tract 4 is located approximately 7 miles northwest of Springfield, IL, or 15 miles southeast of Petersburg, IL and is further described as being in Section 15, T16N-R6W, Gardner Township, Sangamon County, IL.

Halbert Calendar Image

Seller

Hellen Halbert Trust

Hazel Golden – Trustee

Managed By

Rodney Borrowman 630-247-0667

John Borrowman 217-430-0645

John Sullivan 309-221-6700

General Information

226.48 Taxable Acres±  4 Tracts

The property contains a total of 226.48 taxable acres and will be sold in 4 tracts. The farm represents highly productive tillable farmland. Farmers and investors, be sure to check out this Sangamon County, Illinois property.

Tract Information

Tract 1 -  73.19 Taxable Acres± 

  • FSA maps indicate 69.23 NHEL cropland acres
  • Productivity Index (PI): 136.3 (Class A)
  • Soil types include Hartsburg, Ipava, and Buckhart
  • Access along the north side from Herrin Road.

Tract 2 - 68.29 Taxable Acres±

  • FSA maps indicate 57.54 NHEL
  • Productivity Index (PI): 130.3
  • Soil types include Rozetta, Ipava, and Sable
  • Access along the south side from HWY 97 and the east side from Salisbury Cemetary Road.

Tract 3 - 5 Taxable Acres± 

  • FSA maps indicate 3.44 NHEL
  • Productivity Index (PI): 136.9
  • Soil types include Ipava, Rozetta, and Sable
  • Excellent home building sites
  • Access along the north side from HWY 97

Tract 4 -  80 Taxable Acres±

  • FSA maps indicate 60.82 NHEL
  • Productivity Index (PI): 136.3 (Class A)
  • Soil types include Osco, Ipava, and Elkhart
  • Access along the east side from North Lincoln Trail Road.

Method & Terms

All 4 tracts sell will on a price per acre basis, based on the taxable acres. Tract 1 will sell first. Then tracts 2, 3, and 4 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all 3 tracts for their high bid.  “Buyers Choice” auctioning will continue until all 3 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. Possession will be given at the time of closing, subject to any remaining crop tenancy for 2022. All tracts sells free & clear of crop tenancy 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”.

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Hellen Halbert Trust

Hazel Golden - Trustee

 

Representing Attorney:

Robert A. Stuart | Brown, Hay & Stephens, LLP

205 S. 5th Street, Suite 1000 Springfield, IL 62701  |  (217) 544-8491

 

Auction Managers:

Rodney Borrowman 630-247-0667

John Borrowman 217-430-0645

John Sullivan 309-221-6700