SHELBY COUNTY, IL LAND AUCTION - SHAFFER

Wednesday, January 17, 2024 - 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

How to participate in a Virtual Online Auction

LOCATION

Shelby County, Illinois

The farm is located approximately 7 miles southwest of Shelbyville, IL or 33 miles south of Decatur, IL. The land is further described as being located in Section 30, T11N-R3E, Rose Township, Shelby County, Illinois.

SELLER

Mark & Vicky Shaffer

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

99.39 taxable acres± • 1 tract

The Mark & Vicky Shaffer farm contains well maintained productive soils. Farmers & investors, take advantage of this great opportunity!

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TRACT 1 - $8,650.00 PER ACRE

TOTAL - $859,723.50

TRACT INFORMATION

99.39 taxable acres±
Owner GPS records indicate 89.55 acres tillable or currently in hay production
Buyer does not assume any obligation for the acres currently enrolled in the CSP Pollinator Program
There are no annual payments, and this program ends with the sale of the farm
Productivity Index (PI): 114.2
Soil types include Oconee and Douglas
Excellent yield history and extensive drainage improvements
Rural Water available along south side of the farm
Access along the west side from CR 1200E and along the south side from CR 1010N

CLICK HERE FOR FSA INFORMATION

Note: This FSA information is out of date and does not accurately represent the current cropping system for this farm.

CLICK HERE FOR TILE MAP

METHOD & TERMS

The Shaffer 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, February 16, 2024.

The seller will provide title insurance in the full amount of the purchase price. Buyer will receive a credit at closing for the 2023 taxes due and payable in 2024. Buyer will pay all the 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.

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”.