Beecher City, IL 62414 - Effingham County

LOCATION

Effingham County, Illinois

The Tipsword real estate is located approximately 3 miles south of Beecher City, IL, or 7 miles north of Altamont, IL, or 12 miles west of Effingham, IL. It is further described as being in Sections 8, 17, 18, & 21, T8N-R4E, Moccasin Township, Effingham County, Illinois.

SELLERS

Tract 1, 3, & 4 - Tipsword Land Co

Tract 2 - Estate of Norma L. Tipsword

MANAGED BY

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

GENERAL INFORMATION

352 taxable acres 4 tracts

The real estate represents a combination of tillable farmland and premier hunting/recreational land in a highly sought-after area of Effingham County, Illinois.

TRACT INFORMATION

Tract 1 - 45 taxable acres

Productivity Index (PI): 89.3

Soil types include Hickory, Ava, and Holton

Remainder of acres in timber, creek, and waterways

Excellent hunting opportunities

Potential building sites

EJ water and electricity along Moccasin Rd

Access is along the north side by E. 1600th Ave (Moccasin Rd) and the east side by N. 100th St.

Tract 2 - 40 taxable acres

Productivity Index (PI): 102.6

Soil types include Hoyleton, Atlas, and Cisne

Small country home:

2 bedrooms, 1 bath, Kitchen, Living room, Full unfinished basement, Electric water heater (2017), EJ water and electric

Other improvements include:

Barn, Lean to shed, Small storage shed

Excellent location to build your dream home

Access is along the south side by E. 1600th Ave (Moccasin Rd) and the west side by 150th St.

Tract 3 - 160 taxable acres

Productivity Index (PI): 104.9

Soil types include Cisne, Hoyleton, and Atlas

Remainder of acres in timber, creek, and waterways

Outstanding hunting opportunities

Potential building sites

EJ water and electricity along Moccasin Rd

Access is along the north side by E. 1600th Ave (Moccasin Rd), the east side by N. 200th St., and the south side by E. 1550th Ave.

Tract 4 - 107 taxable acres

Productivity Index (PI): 90.8

FSA figures should indicate 34.25 HEL cropland acres

Includes 13.64 CRP acres

Soil types include Ava, Hickory, and Bluford

Remaining acres in mature timber

Outstanding outdoor recreational tract with Whitetail deer, wild turkey, and other wildlife abundant

Potential building sites

EJ water runs along the east side of the property

Access is along the north side by E. 1500th Ave and the east side by N. 300th St.

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, where the high bidder can elect any or all 4 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 4 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 11, 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 and sellers portion of the CRP Contract prorated from January 1, 2025. (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.