LOCATION & GENERAL INFORMATION
All 8 tracts are in Pea Ridge Township, Brown County, IL. Acres listed are approximate. All tracts will be surveyed to determine their exact acres. When the survey has been completed the auction website will be updated to the correct acres.
TRACT 1 126 acres in the NW14 of Section 31. FSA indicates 124.8 tillable acres. This level tract of land has top producing Class A soils with a 138 Productivity Index. There is a small building in the southeast corner. Access is by 00E on the west, 1250N on the south and 50E on the east.
TRACT 2 36 acres in the S12 of Section 31. FSA indicates 26 acres tillable with the balance being waterways, bin site and the ATC radio tower site. Improvements include an older barn and 2 grain bins. Contact auctioneer for details on the American Tower Corp lease. Access by Hwy 24 on the south, 035E on the west and 1250N on the north.
TRACT 3 164 acres being the W12 of the SW14 of Section 4 and the E12 of the SE14 of Section 5. FSA indicates 105 acres tillable with the balance being mostly timber. Access is by Road 180E on the west side. The south end borders tract 4.
TRACT 4 160 acres being the W12 of the NW14 of Section 9 and the E12 of the NE14 of Section 8. FSA indicates 88 acres tillable with the balance being timber and pasture. Access is by Road 1675N which comes in from the east side. It borders tract 3 on the north, tract 5 on the south and tract 6 on the east.
TRACT 5 163 acres in the SW14 of Section 9. FSA indicates 95 acres tillable with the balance being mostly timber. It borders tracts 4 and 6 on the north. Access is by Road 250E on the east side.
TRACT 6 46 acres in the SE14 of the NW14 of Section 9. Located directly north of tract 5 and east of tract 4. It is nearly all rolling pasture with a little timber. It is improved with an open front 60x 144 livestock / equipment shed and a few older small buildings. There is also a nice pond on this tract.
TRACT 7 4 acres being all timber and located east across the road from the southeast corner of tract 5. It is all nice mature trees, making it a very nice location for a new home.
TRACT 8 123 acres in the SW14 of Section 5. FSA indicates 61 acres tillable with the balance being pasture and timber. Currently there is a verbal agreement with the adjoining landowner on the east side, whereas a fence was built along the creek (not on the property line) with both parties pasturing part of the others land. This was to avoid having to fence across the creek several times. It can be changed at any time and the survey will mark the exact legal boundary. Access is by Roads 1700N on the south and 100E on the west. From Golden, IL 312 miles east, 12 mile south and 3 miles east on 1750N.
METHOD & TERMS OF SALE
All 8 tracts will be sold on a price per acre basis. The exact acres will be determined by a land survey which will be completed prior to the auction. Sale order will be Tract 1 and then Tract 2, followed by Buyers Choice on Tracts 3 through 6. This method gives the successful bidder the option of selecting any or all 4 tracts at the price bid. If all are not selected, the Buyers Choice will continue until all 4 are sold. Tract 7 will then be sold followed by Tract 8. Ten percent of the bid price is to be paid at the conclusion of the auction with the balance due within 30 days, on or before September 22, 2025. Title Insurance in the full amount of the purchase price will be provided by the Seller. The 2025 real estate taxes which are due and payable in 2026 will be paid by the Seller. Possession will be given at time of closing, subject to a 2025 farm lease and a 2025 hunting lease. The tracts all sell free of any leases for 2026. Immediately following the auction, the successful Buyers will be required to enter into a written contract with the Seller. A copy of said contract may be inspected prior to the auction by contacting the representing attorney, John R. Longlett 217-223-3030.
ALL ANNOUNCEMENTS MADE AT THE AUCTION SHALL SUPERSEDE ALL PRIOR ADVERTISING.
Vernon E. Hapke Jr. Family Trust
ATTORNEY FOR TRUST JOHN R. LONGLETT
Schmiedeskamp, Robertson, Neu & Mitchell LLP
525 Jersey Street, Quincy, IL 62301 217-223-3030