Hull, IL 62343 - Pike County

LOCATION

Pike County, Illinois

Tract 1 is generally located approximately 3 miles east of Hull, IL, or 16 miles east of Hannibal, MO, or 25 miles southeast of Quincy, IL, and is further described as being located in Section 21, T4S-R7W, Kinderhook Township, Pike County, Illinois.

Tracts 2 & 3 are located approximately 3 miles west of Barry, IL, or 19 miles east of Hannibal, MO, or 19 miles west of Pittsfield, IL, or 28 miles southeast of Quincy, IL, and is further described as being located in Sections 27, 28, & 33, T4S-R6W, Barry Township, Pike County, Illinois.

SELLER

Steve Brink Estate

10 Point Farms, LLC

MANAGED BY

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

GENERAL INFORMATION

382.44 taxable acres 3 tracts

Tract 1 represents tillable, productive farmland. Tracts 2 & 3 represent tillable cropland, pasture, and timber.

TRACT INFORMATION

Tract 1 115.43 taxable acres

FSA figures indicate 117.69 tillable acres

Productivity Index (PI): 129

Soil types include Wakeland, Orion, and Coffeen

Access along the east side by 200th Street

Tract 2 183.18 taxable acres

FSA figures indicate 145 cropland acres (split field)

54.85 in row crop production

Productivity Index (PI): 115.8 (row crop acres)

Soil types include Menfro and Downsouth

The balance of the farm is in pasture and timber

Set up for an outstanding cattle farm

County water with multiple water sources throughout the farm

Improved with a shed and grain bin

Access along the north side by 295th Ave. and south side by 287th Ave.

Tract 3 83.83 taxable acres

FSA map figures indicate 70.13 tillable acres

27.10 in row crop production

Productivity Index (PI): 121.5 (row crop acres)

Soil types include Downsouth and Menfro

The balance of the farm is in pasture and timber

Set up for an outstanding cattle farm

County water

Improved with 2 machine sheds

Access along the north side by 287th Ave and south side by 285th Ave

METHOD & TERMS

The real estate will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all 3 tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all 3 tracts have been selected. 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. The balance of the bid price will be due at the time of closing, on or before Monday, June 2, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due in 2025 through a credit at closing based on the best available information. Buyer will pay all the 2025 taxes. Buyer receives all the 2025 cash rent. (Contact auction managers for details) Possession at closing subject to an existing lease for the 2025 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 pertaining to this property. Real estate is being sold AS IS.

Steve Brink Estate

10 Point Farms, LLC

Representing Attorney:

Chris Schuering Law LLC | Chris Schuering, Attorney

3701 E. Lake Center, #1, Quincy, IL 62305 | (217) 919-2914

Auction Managers:

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667