Farmland Auction: 287.55 +/- Acres, Offered in Four Total Tracts

PENDING

IN PERSON AUCTION WITH AN ONLINE BIDDING OPTION

AUCTION DATE: December 11th, 2024 AT 10:00 AM

Willow Ridge Winery (directly south of Tract 3) 1796 North 1475 East Road Shelbyville, IL 62565

Field Level Ag, Inc. invites you to attend this offering of 287.55 contiguous surveyed acres of prime farmland.  The live portion of this sale will be conducted from Willow Ridge Winery in Westervelt, directly south of Tract 3, on December 11th, beginning at 10:00am.  The Drew Trust farmland will be offered to the public in 4 distinct tracts, with the auction formatted as a Buyer’s Choice and Privilege sale.

 All contiguous tracts are located directly North of Westervelt, IL.

CLICK HERE TO ENTER OUR ONLINE BIDDING PLATFORM.

Download the Brochure HERE.

For additional information on this auction offering, please contact Auction Manager / Broker, Nick Suess at 618-267-1236.

Tract Details 

Tract 1: 99.11 acres – 140.9 PI, 97.8% tillable, Flanagan, Drummer & Dana Soils; Ridge TWP

Outstanding Class A farmland. Pair with Tract 2 for a full quarter section!  Located on the west side of Shelby County Highway 41, less than 1 mile north of Westervelt.  Tract is unimproved.  Lease is open for 2025. Selling Surveyed Acres.

Click here to Watch Drone Video of Tract 1

Tract 2: 61.60 acres – 138.5 PI, 95.0% tillable, Flanagan, Drummer & Dana; Ridge TWP

Another tract containing outstanding Class A farmland.  A perfect partner tract to pair with Tract 1 for a full quarter section, or a right sized tract of some of the highest quality farmland in the area!  Located on the west side of Shelby County Highway 41 and the north side of Township road, 1850N, less than 1 mile north of Westervelt.  Tract is unimproved.  Lease is open for 2025. Selling Surveyed Acres.

click here to Watch Drone Video of Tract 2

Tract 3: 80.33 acres–133.9 PI, 92.7% tillable, Flanagan, Drummer, Dana & Raub; Ridge TWP

More Class A farmland to be found on this tract, along with productive and naturally well drained, Dana Soils. Located directly west and Northwest of Westervelt. Township roads on three sides provide access. In addition to being productive farmland, this piece also presents an opportunity for alternative uses. This tract is adjacent to a commercial grain elevator, a winery/event venue (note: no commercial grape production on-site at winery), and residential property. Utilities are available nearby. Tract is unimproved.  Lease is open for 2025. Selling Surveyed Acres.

Click here to Watch Drone Video of Tract 3

Tract 4: 46.51 acres – 130.7 PI, 93.6% tillable, Flanagan, Drummer & Dana; Ridge TWPP

An offering to note – Another right sized tract. This could also be paired with Tract 3 for 126.84 acres on two sides of Westervelt.  Shelby County Highway 41 forms the western boundary, with Township Road 1850 North providing access from the North.  The farm is located immediately north of Westervelt.  Adjacent to existing residential properties, utilities are nearby for this tract as well. Lease is open for 2025. Selling Surveyed Acres.

Click here to Watch Drone Video of Tract 4

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. 

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 5% down payment to Certified Title Company, LLC 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 22th, 2024, at Certified Title Company, LLC, located at 122 South 2nd Street, Greenville, IL 62246.

Farm lease is open for the 2025 crop year on all tracts.  Seller retains the 2024 crop income on all tracts. 

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, Nick Suess, (618)-267-1236.