Pike County, IL Land Auction – Nelson & World Giving

Thursday, February 10, 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

SOLD!

TRACT 1 – $10,000 PER ACRE

TRACT 2 – $16,100 PER ACRE

TRACT 3 – $15,000 PER ACRE

TRACT 4 – $12,450 PER ACRE

 

TOTAL – $ 4,319,320.50

Location

Pike County, Illinois

The Richard Nelson Trust & Kris Nelson Trust, & the World Giving Foundation  property (commonly known as Hopewell Prairie Farms) is located a short distance southeast of Hull, IL.  Hull is located approximately 11 east of Hannibal, MO, or 20 miles southeast of Quincy, IL.  Tract 1 is located in Section 33, Kinderhook Township,  Tract 2 is located in Section 34, Kinderhook Township,  Tract 3 is located in Section 12, Cincinnati Township, and Tract 4 is located in Sections 12 & 13 of Cincinnati Township, all in Pike County, Illinois.

Seller

Richard Nelson Trust & Kris Nelson Trust

Seller- Tracts 1 & 2

World Giving Foundation

Seller – Tracts 3 & 4

Managed By

John Borrowman (217) 430-0645
Rodney Borrowman (630) 247-0667

General Information

326.14 Taxable Acres • 4 Tracts

Farmers & investors, be sure to check out this income-producing farm.

The annual Sny Drainage District tax is $5,681.28 for all 4 tracts – will be prorated per tract.

Tract Information

Tract 1 • 75.29 Taxable Acres

  • FSA records indicate 74.5 NHEL cropland acres
  • Soil Productivity Index: 115.5 (tillable acres)
  • Soils include Titus, Darwin, Ambraw
  • The balance of the farm is a drainage ditch which provides excellent drainage
  • The Sny Drainage District Special Assessment Tax will be paid by the Seller in full at closing
  • The Sny Drainage District annual drainage assessment (tax) is $1,427.42
  • Seller is paying for the completed fall tillage work at no expense to the buyer
  • Some grid tiling has been completed on this tract however no maps are available
  • Access along the north side from 285th Ave, along the east side from 180th St., and the south from 280th Ave.

 

Tract 2 • 79.88 Taxable Acres

  • FSA records indicate 80.23 NHEL cropland acres
  • Soil Productivity Index: 127.3 (tillable acres)
  • Soils include Vesser, Beaucoup, Titus
  • Nearly 100% tillable
  • The Sny Drainage District Special Assessment Tax will be paid by the Seller in full at closing
  • The Sny Drainage District annual drainage assessment (tax) is $1,426.82
  • Seller is paying for the completed fall tillage work at no expense to the buyer
  • Some grid tiling has been completed on this tract however no maps are available 
  • Access along the east side from 190th St.

 

Tract 3 • 59.52 Taxable Acres

  • FSA records indicate 59.62 NHEL cropland acres
  • Soil Productivity Index: 125.2 (tillable acres)
  • Soils include Vesser, Coffeen, Wakeland
  • Nearly 100% tillable
  • The Sny Drainage District Special Assessment Tax will be paid by the Seller in full at closing
  • The Sny Drainage District annual drainage assessment (tax) is $1,032.78
  • Seller is paying for the completed fall tillage work at no expense to the buyer 
  • Access along the west side from 190th St.

 

Tract 4 • 111.45 Taxable Acres

  • FSA records indicate 104.29 NHEL cropland acres
  • Soil Productivity Index: 126.6 (tillable acres)
  • Soils include Vesser, Beaucoup, Coffeen
  • Nearly 100% tillable
  • The Sny Drainage District Special Assessment Tax will be paid by the Seller in full at closing
  • The Sny Drainage District annual drainage assessment (tax) is $1,794.26
  • Seller is paying for the completed fall tillage work at no expense to the buyer
  • Access along the west side from 190th St.

Real Estate Tax INformation

Tract 1

  • PIN 47-045-01 - 21.12 acres - $173.56
  • PIN 47-045-02 - 17.65 acres - $164.92
  • PIN 47-045-03 - 36.52 acres - $222.24

Tract 2

  • PIN 47-046-01 - 79.88 acres - $977.70

Tract 3

  • PIN 57-007-05 - 59.52 acres - $630.58

Tract 4

  • PIN 57-007-06 - 55.64 acres - $513.12
  • PIN 57-008-01 - 54.07 acres - $245.74
  • PIN 57-008-02 - 1.74 acres - $25.50

Method & Terms

All 4-tracts will be sold by the acre based on the taxable acres and 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. If the high bidder does not take all 4-tracts then “Buyer’s Choice“ auctioning will continue until all 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 March 21, 2022. Seller will provide Title Insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession will be given at the time of closing and the farm sells free and clear of tenancy for the 2022 crop year.

Bidding is NOT subject to any 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 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 all 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 Maps

FSA Maps

SOIL MAPs

Photos

Richard Nelson Trust & Kris Nelson Trust - Tracts 1 & 2

World Giving Foundation - Tracts 3 & 4

 

Representing Attorney:

Jenna L. Tucker

Rammelkamp Bradney, P.C.

232 West State | P.O. Box 550 | Jacksonville, IL 62651

(217) 245-6177

 

Auction Managers:

John Borrowman (217) 430-0645
Rodney Borrowman (630) 247-0667