Farmland Auction: 433.43 +/- Acres, 6 Total Tracts

Tract 1: Sold for $16,000 per acre Tract 2: Available, contact Logan if interested Tract 3: Sold for $17,500 per acre Tract 4: Sold for $14,250 per acre Tract 5: Sold for $14,250 per acre Tract 6: Sold for $15,400 per acre

IN PERSON AUCTION WITH AN ONLINE BIDDING OPTION

AUCTION DATE: December 12th, 2024 AT 10:00 AM

Decatur Conference Center 4191 US 36 Decatur, IL 62522

Field Level Ag, Inc., in collaboration with Agrivest, Inc., invites you to attend a multi-county offering of 433.43 +/- acres of prime farmland.  The live portion of this sale will be conducted from The Decatur Conference Center and Hotel, on December 12th, beginning at 10:00am.  The Beatty Trust farmland will be offered to the public in 6 distinct tracts, with the auction formatted as a Buyer’s Choice and Privilege sale.

Tracts 1, 2, 3, 4 & 5 are located near Illiopolis, IL in Sangamon County. Tract 6 is located near Macon, IL in Macon County.

CLICK HERE TO ENTER OUR ONLINE BIDDING PLATFORM.

Download the Brochure HERE.

For additional information on this auction offering, please contact Auction Manager / Broker, Logan Frye at 217-619-6473.

Tract Details 

Tract 1: 40.00 acres – 135.8 PI, 95.5% tillable, Sec. 3 of Lanesville TWP

Outstanding Class A farmland.  Located on east side of Kent Farm Rd., approximately four miles northwest of Illiopolis, IL.  Hartsburg, Buckhart, and Sable soils are present.  Level to undulating topography.  Tract is unimproved.  Lease is open for 2025.  Survey is complete – See bidding platform for copy of survey.

Click here to Watch Drone Video of Tract 1

Tract 2: 121.86 acres – 135.8 PI, 84.0% tillable, Sec. 3 & 10 of Lanesville TWP

Talk about an opportunity.  Property is bordered by Kent Farm Rd. along the western property line.  Tract is located approximately four miles northwest of Illiopolis, IL.  Hartsburg, Sable, and Ipava soils present.  Level to undulating topography.  This tract is improved with 38 concrete bunkers.  Lease is open for 2025.  Survey is complete – See bidding platform for copy of survey.

click here to Watch Drone Video of Tract 2

Tract 3: 70.73 acres – 135.4 PI, 97.3% tillable, Sec. 10 of Lanesville TWP

Might be the fanciest tract on the sale.  Property is accessible via Kent Farm Rd. along the western property line.  Parcel is located four miles northwest of Illiopolis, IL.  Hartsburg and Sable soils present.  Level to undulating in topography.  Tract 3 is unimproved.  Lease is open for 2025.  Survey is complete – See bidding platform for copy of survey.

Click here to Watch Drone Video of Tract 3

Tract 4: 78.86 acres – 137.6 PI, 99.4% tillable, Sec. 31 of Illiopolis TWP

An offering to note – add a nice 80 or combine with Tract 5 to make an outstanding quarter section.  Access is provided from Dye Rd. along the western property line and Loose Rd. along the northern property line.  The farm is located approximately two miles north of Illiopolis, IL.  Hartsburg, Sable, and Buckhart soils present.  Undulating topography, a pattern tile system has been installed (2022) to aid in drainage.  Tract is noted as unimproved. Electric transmission line does cross the tract.  Lease is open for 2025.  Survey is complete – See bidding platform for copy of survey.

Click here to Watch Drone Video of Tract 4

Tract 5: 78.81 acres – 137.3 PI, 99.4% tillable, Sec. 31 of Illiopolis TWP

An offering to note – add a nice 80 or combine with Tract 4 to make an outstanding quarter section.  Access is provided from Loose Rd. along the northern property line and eastern portion of the property line.  The farm is located approximately two miles north of Illiopolis, IL.  Hartsburg, Ipava, and Spaulding soils are present.  Undulating topography with a pattern tile system that has been installed (2022) to aid in drainage.  Tract is noted as unimproved. Lease is open for 2025.  Survey is complete – See bidding platform for copy of survey.

Click here to Watch Drone Video of Tract 5

Tract 6: 43.17 acres – 140.0 PI, 99.2% tillable, Sec. 36 of South Macon TWP

Long rows – with great soil.  Property is accessible via Cornthwaite Rd. along the western property line and Ridlin Rd. along the southern property line.  Parcel is located three miles east of Macon, IL.  Flanagan and Drummer-Milford soils present.  Level to undulating in topography.  Tract 6 is unimproved.  Property does sell subject to a crop share lease for 2025.  Survey is complete – See bidding platform for copy of survey.

Click here to Watch Drone Video of Tract 6

Auction Details

The method of sale for this auction offering will be the “Buyers Choice and Privilege” format.  The winning bidder will have the right to select any tract or combination of tracts after the first round of bidding has concluded.  Any tracts not selected by the winning bidder will be offered to the runner-up bidder at the winning bid price.  At that time, all tracts that have not been selected will be offered via a new round of bidding and the process will be repeated until all tracts have been selected.  Tracts will not be available after selection – this is not a multi-parcel combination auction.  Bidding will be on a per acre basis, with the winning bid multiplied by the surveyed acreage to determine the contract price.  Online bidding will be available for those parties not in attendance – see website for online bidding instructions.  Online bidders must register 24 hours in advance of the auction – no exceptions.  Final acreage will be confirmed on day of sale (survey is in progress). 

This is not an absolute auction, and all winning bids will need to be confirmed and accepted by the Seller(s), prior to the full execution of the purchase agreements.  All tracts sell subject to Seller approval.  At the conclusion of the sale, all winning bidders will execute the Buyer side of the purchase agreement and auction company will submit the purchase agreement to the Seller(s) for final review.  Seller(s) will confirm winning bids immediately following the auction. 

Upon acceptance of the winning bid and return of the executed purchase agreement, the successful bidder shall be responsible for depositing the 10% down payment to Prairieland Title Company within two business days of receiving the executed purchase agreement.  Your bidding is not contingent upon financing.  Please secure all financing arrangements prior to participation in the auction.  

The closing shall occur on or before January 24th, 2024, at Prairieland Title Company, located at 3301 Constitution Dr. Springfield, IL 62711.

Farm lease is open for the 2025 crop year on Tract 1, 2, 3, 4, & 5.  Tract 6 sells subject to a crop share lease for 2025 with Mark Chenoweth.  Seller retains the 2024 crop income on all tracts.  All bunker related rent on Tract 2 will be prorated to date of closing.  Any bunker lease on Tract 2 will be assigned to the buyer and the farm lease on Tract 6 will be assigned to the buyer.    

Announcements made day of sale and/or over the online bidding platform will take precedence over all printed material. 

For additional information on this auction offering, please contact Auction Manager / Broker, Logan Frye at 217-619-6473.

Sale in collaboration with Agrivest, Inc., Bob Nelson, Managing Broker.