DE WITT COUNTY, IL LAND AUCTION - TRAPP

LOCATION De Witt County, Illinois Tract 1 is located 8 miles west of Clinton, IL, Tract 2 is located 4 miles northwest of Clinton, IL. Clinton is located 20 miles north of Decatur or 22 miles south of Bloomington, IL. The land is further described as being located in Section 29, T20N-R1E, Barnett Township, and Section 7, T20N-R2E, Clintonia Township, De Witt County, Illinois. SELLER Robert Trapp Trust MANAGED BY Kevin Haas (309) 264-7767 GENERAL INFORMATION 200 taxable acres 2 tracts Farmers & investors dont miss this opportunity to purchase these Class A farms with an open lease for the fast-approaching 2025 crop year. TRACT INFORMATION Tract 1 80.0 taxable acres FSA figures indicate 79.85 NHEL cropland acres Productivity Index (PI): 141.4 Soil types include Ipava, Buckhart, Sable, and Osco Class A soils! Access along the north side from Sunset Rd (8000N) Tract 2 120.0 taxable acres FSA figures indicate 113.15 NHEL cropland acres Productivity Index (PI): 137.9 Soil types include Sable, Harpster, Hartsburg, Ipava, and Osco Class A soils! Access along the south side from Flatland Rd (10000N) and along the east side from Sumpter Rd (7000E) METHOD & TERMS The Trapp farm 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 either tract for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will be sold on a price per acre basis. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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, May 2, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing, based on best available information. Buyer will pay all the 2025 taxes and beyond. Possession at closing with the opportunity of early entry after signing purchase contract. Contact auction manager for details. Open lease for 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. REAL ESTATE TAX INFORMATION Tract 1 - PIN 06-29-100-011 - 80.0A - $3547.50 Tract 2 - PIN 07-07-400-003 - 120.0A - $5254.48 Includes $935.59 drainage tax