PIKE COUNTY, IL LAND AUCTION - SHEPPARD

LOCATION Pike County, Illinois The Sheppard real estate is generally located approximately 1 mile north of Time, IL, or approximately 5 miles west of Milton, IL, or 6 miles southwest of Pittsfield, Illinois. It is further described as being located in Sections 34 & 35, T5S-R3W, Newburg Township, and Section 3, T6S-R3W, Hardin Township, Pike County, Illinois. SELLER John W. Sheppard Revocable Trust MANAGED BY John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667 GENERAL INFORMATION 464.98 surveyed acres • 7 tracts The Sheppard real estate in Pike County, IL, is a versatile 464.98 surveyed acres farm with tillable land, pasture, recreational areas, and outbuildings. It will be sold in 7 tracts, offering investment opportunities for farmers, investors, and outdoor enthusiasts. TRACT INFORMATION Tract 1 - 86.69 surveyed acres FSA figures indicate 35.89 cropland acres Soil Productivity Index (PI): 113.1(cropland acres) Soil types include Menfro, Wakefield, Winfield Land represents well-maintained fenced in pasture Several buildings 225th Ave borders the north side and 430th St borders the east side Tract 2 - 94.85 surveyed acres FSA figures indicate 79.64 cropland acres Soil Productivity Index (PI): 119.4 (cropland acres) Soil types include Caseyville, Winfield, Bethalto Remaining acres in timber and pasture ground Small pond Access will be from an easement through tract 1from 430th St 430th St borders the east side Tract 3 - 127.50 surveyed acres FSA figures indicate 110.45 cropland acres Soil Productivity Index (PI): 120 (cropland acres) Soil types include Winfield, Downsouth, Caseyville Remaining acres in timber and waterways 430th St borders the east side Tract 4 - 45.99 surveyed acres FSA figures indicate 44.84 cropland acres Soil Productivity Index (PI): 114 (cropland acres) Soil types include Wakefield, Orion, Twomile 435th St borders the east side Tract 5 - 33.99 surveyed acres FSA figures indicate 13.71 cropland acres Soil Productivity Index (PI): 107.3 (cropland acres) Soil types include Winfield and Menfro Land represents well-maintained fenced in pasture Improved with 2 sheds and a small pond County water along the south side of the farm 220th Ave borders the south side and 435th St borders the east side Tract 6 - 55.70 surveyed acres FSA figures indicate 52.85 cropland acres Soil Productivity Index (PI): 112.1 (cropland acres) Soil types include Wakefield, Twomile, Menfro 220th Ave borders the south side and 435th St borders the west side Tract 7 - 20.26 surveyed acres FSA figures indicate 9.88 cropland acres Soil Productivity Index (PI): 106.6 (cropland acres) Soil types include Menfro, Winfield, Twomile Land represents well-maintained fenced in pasture County water along the south side of the farm 220th Ave borders the south side and 435th St borders the west side METHOD & TERMS The Sheppard real estate will be sold on a price per acre basis, based on the surveyed acres. All 7 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any individual tract, any combination of tracts, or all 7 tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all 7 tracts have been selected. The tracts will NOT be offered together, 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 December 1, 2026. The seller will provide title insurance in the full amount of the purchase price and pay all of the 2026 real estate taxes via a credit. (Credit to be based on best available information.) As a result of receiving this credit against the purchase price, Buyer shall pay the 2026 taxes when they become due and payable in 2027 in whatever amount the actual taxes are without further adjustment, and the Buyer shall pay all taxes assessed thereafter. Possession at closing subject to a crop tenancy for the 2026 crop year. The property sells free and clear of any hunting leases. 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”. Closing & Title Work: West State Title Company 130 S. Madison, P.O. Box 492, Pittsfield, IL 62363 Auction Managers: John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667