Pittsfield, IL 62363 - Pike County

PIKE COUNTY, IL LAND AUCTION - LOWE, JOHNMEYER, KULOW

Wednesday, January 22, 2025 - 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

Pike County, Illinois

The Lowe, Johnmeyer, & Kulow real estate is located approximately a mile east of Pittsfield, IL of Pittsfield, IL. It is further described as being located in Section 30, T5S-R3W, Newburg Township, Pike County, Illinois.

SELLER

Ellen B. Lowe

Laura K. Johnmeyer

Jane B. Kulow

MANAGED BY

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

GENERAL INFORMATION

154.09 taxable acres 1 tract

The farm contains 154.09 taxable acres and will be sold in one tract. This ideally located property is on the southeast side of Pittsfield, Illinois offering outstanding tillable, recreational opportunities, and home-building sites. Farmers and investors, be sure to check out this investment-quality Pike County, IL farm!

TRACT INFORMATION

154.09 taxable acres

FSA records should indicate 147.77 NHEL and HEL cropland acres

Productivity Index (PI): 116.4

Soil types include Winfield, Coffeen, Downsouth, and Ipava

Access along the north side from 235th Ave

METHOD & TERMS

The farm will be sold on a price per acre basis, based on 154.09 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 Wednesday, February 26, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. The buyer will receive full possession at closing. There are no crop or hunting leases associated with this property - open lease for the 2025 crop year and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made on 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Ellen B. Lowe

Laura K. Johnmeyer

Jane B. Kulow

Representing Attorney:

Ronald K. Hoskin | Lowry & Hoskin LLC and Western Illinois Title Services, LLC

130 S. Madison P.O. Box 167, Pittsfield, IL 62363 | (217) 285-4220

Auction Managers:

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667