BROWN COUNTY, IL LAND AUCTION - INGRAM

LOCATION Brown County, Illinois The Ingram real estate is located 7 miles southeast of Mt Sterling, IL or 2 miles west of Cooperstown, IL (30 miles northwest of Jacksonville or 40 miles east of Quincy, IL). The land is further described as being in Section 20, T1S-R2W, Cooperstown Township, Brown County, Illinois. SELLER Richard E. Ingram Trust and Susan J. Ingram Trust MANAGED BY John Sullivan (309) 221-6700 GENERAL INFORMATION 257 acres (subject to survey) 2 tracts The property contains a total of 257 acres (subject to survey) and will be sold in 2 tracts. Both tracts are mostly tillable with productive soils. Farmers and investors, be sure to check out these Brown County, IL farms. TRACT INFORMATION Tract 1 - 152 acres (subject to survey) FSA maps indicate102.43 cropland acres The soil Productivity Index (PI): 111.8 (tillable acres) Soil types include Fayette, Sylvan and Rozetta The balance of the acres is wooded and grass waterways 900 N Ave borders on the north side, 1400 E St borders on the east side and 825 N Ave on the south side Tract 2 - 105 acres (subject to survey) FSA maps indicate 77.12 cropland acres The soil Productivity Index (PI): 114.9 (tillable acres) Soil types include Fayette, Sylvan, Downs and Stronghurst The balance of the acres is wooded and grass waterways 1400 E St borders on the east side and 825 N Ave on the north side METHOD & TERMS The Ingram farm will be sold on a price per acre basis, based on the surveyed acres. The tracts 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 be sold. 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 February 12, 2026. The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes in the form of a credit at closing. Possession at closing subject to an existing crop lease for the 2026 crop year only (contact sale manager for further details). Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made on sale day take precedence over prior advertising either written or oral. However, the real estate auction contract signed by the parties following the auction shall ultimately control, superseding any prior advertising or sale date announcements. 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. Representing Attorney: Jeffrey L. Terry | Schmiedeskamp Robertson Neu & Mitchell LLP 525 Jersey St, Quincy, IL 62301 | (217) 223-3030 Auction Manager: John Sullivan (309) 221-6700