FSA figures indicate approximately 79.06 estimated acres of cropland currently in row crop production

Approximately 70 acres being farmed

Productivity Index (PI): 135.6 (Class A)

Soil types include Osco, Muscatune, Assumption

Osco and Muscatune soils make up approximately 90% of the acres being farmed

Access is along 80th Street

Tract 2 - 80 acres (subject to survey)

FSA figures indicate approximately 81.2 estimated acres of cropland currently in row crop production

Approximately 73.8 acres being farmed

Productivity Index (PI): 108.6

Soil types include Hickory, Greenbush, Fayette-Hickory, Osco

Access is along 80th Street

METHOD & TERMS

Both tracts will sell on a per acre basis, based on surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will then be offered. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Friday, March 28, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession at closing. Open lease for 2025 crop year and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection of the property.

All announcements made sale day shall 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.

Huston Family Farms

Representing Attorney:

Ronald D. Stombaugh

1025 E Broadway, Monmouth, IL 61462 | (309) 734-3150

Auction Managers:

Isaac Taber (309) 335-8081

Dan Sullivan