Pike County, IL Land Auction – Mills

Monday, November 01, 2021 - 2:00 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 Thomas G. & Nancy B. Mills farm is located a short distance southeast and northeast of Barry, IL in Pike County, IL. Barry, IL is located approximately 30 miles southeast of Quincy, IL, or 20 miles northwest of Pittsfield, IL along Interstate 72.

Tract 1 • Located at the southeast edge of Barry, IL, in Section 25, Barry Township, Pike County, IL.

Tract 2 • Located adjacent to and east of tract 1, in Section 30, Hadley Township, Pike County, IL.

Tract 3 • Located approximately 5 miles northeast of Barry, IL in Section 16, Hadley Township, Pike County, IL.

Tracts 4 • Located approximately 6 miles northeast of Barry, IL or 3 miles west of Baylis, IL in Sections 15 and 22, Hadley Township, Pike County, IL.

Tracts 5 • Located approximately 6 miles east of Barry, IL, or 3 miles west of Baylis, IL in Sections 14 and 15, Hadley Township, Pike County, IL.

Tracts 6 • Located approximately 6 miles east of Barry, IL, in Sections 26 and 27, Hadley Township, Pike County, IL.

Seller

Thomas G. & Nancy B. Mills Estate

Managed By

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

General Information

678.042 Acres± • to be sold in 6 Tracts

The Mills farm contains 678.042 Acres± and will be sold in 6 tracts. Tract 1 represents nearly all tillable cropland and is improved with a Bungalow-style Sears home, 2-car garage, 2 barns & 3 grain bins with a total of 44,000 bushel storage. Tracts 2, 3, 4 & 5 represent nearly all tillable cropland. Tract 6 offers some cropland and woods with excellent hunting.

Aerial Tour

Tract Information

Tract 1 - 115.773 SURVEYED ACRES

  • Physical home address: 26829 295th Avenue, Barry, IL 62312
  • FSA maps indicate108.29 cropland acres Soil Productivity Index (PI): 127.5 (tillable acres)
  • Soil types include: Wakenda, Winfield and Downsouth
  • Balance of acres in buildings, waterways, and trees
  • Improved with a 1920's Sears Roebuck home, 2 car garage, chicken coop and 2 well-maintained barns 3 grain bins with total of 44,000 bushel storage
  • Road access on the north by 295th Ave (Pratt St), on the south by 290th Ave, and on the west by County HWY 4.

Tract 2 - 86.588 SURVEYED ACRES

  • FSA maps indicate 75.31 cropland acres
  • Soil Productivity Index (PI): 123.2 (tillable acres)
  • Soil types include: Downsouth, Winfield and Wakenda
  • Balance of acres in waterways
  • Road access on the north by 295th Ave (Pratt St), on the east by 272nd St., and on the south by 290th Ave

Tract 3 - 121.128 SURVEYED ACRES

  • FSA maps indicate 105.71 cropland acres
  • Soil Productivity Index (PI): 117.5 (tillable acres)
  • Soil types include: Downsouth, Bunkum and Navalys
  • Balance of acres in waterways
  • Road access on the east by 300th St. and on the south by 315th Ave

Tract 4 - 136.004 SURVEYED ACRES

  • FSA maps indicate 121.25 cropland acres
  • Soil Productivity Index (PI): 128.9 (tillable acres)
  • Soil types include: Downsouth and Wakenda Balance of acres in timber and waterways
  • Road access on the north by 315th Ave

Tract 5 - 70.649 SURVEYED ACRES

  • FSA maps indicate 55.44 cropland acres
  • Soil Productivity Index (PI): 128.4 (tillable acres)
  • Soil types include: Downsouth, Timewell and Winfield
  • Balance of acres in timber and waterways
  • Road access on the north by 315th Ave

Tract 6 - 147.9 TAXABLE ACRES

  • FSA maps indicate 76.3 cropland acres
  • Soil Productivity Index (PI): 119.5 (tillable acres)
  • Soil types include: Vesser, Beaucoup and Winfield
  • Balance of acres in timber and pasture
  • Road access on the west by 307th Lane Excellent hunting and recreational opportunities

Method & Terms

Tracts 1-5 will be sold by the acre based on the surveyed acres. Tract 6 will be sold by the acre based on the taxable acres. All tracts will be offered through the marketing method of “Buyer’­­s Choice” whereas the high bidder can purchase (in any order) any or all of the tracts for their high bid. “Buyer’s Choice“ auctioning will continue until all 6 tracts 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, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will be on or before December 8, 2021. Possession will be given at the time of closing subject to the current 2021 farm lease.

The 2021 real estate taxes will be paid by the sellers, and the 2022 real estate taxes and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.

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 this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, 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

Survey Information

Aerial Map

Soil Map

Photos - Tract 1

Photos - Tract 2

Photos - Tract 3

Photos - Tract 4

Photos - Tract 5

Photos - Tract 6

Thomas G. &  Nancy B. Mills Estate 

 

Representing Attorney:

William L. Siebers

Scholz, Loos, Palmer, Siebers & Duesterhaus, LLP

625 Vermont | Quincy, IL 62301

(217) 214-1909