R. Hiatt Enterprises, LLC is pleased to offer the Hawkins Farm at online timed auction on Wednesday, October 7, 2026, with bidding open from 10:00 a.m. to 1:00 p.m. ET. The farm sells in two separate tracts, each to its own high bidder without combination: Tract 1, 70.31± acres of upland cropland (63± acres tillable), and Tract 2, 124.19± acres of river-bottom cropland (44.39± acres tillable), hardwood timber, and Vermilion River frontage. Bidding will begin at a stated opening bid for each tract on a dollars-per-acre basis and advance in minimum increments of $100 per acre; each tract sells subject to the Seller's approval of the high bid. You MUST register to bid: all bidders must register at bid.hiattland.com no later than Wednesday, October 7, 2026 at 9:00 a.m. ET. Earnest money of 10% is paid to the escrow agent at contract signing; closing at the later of 30 days after the sale or completion of the survey. See the brochure and Terms & Conditions for complete details, or contact Russ Hiatt, R. Hiatt Enterprises, LLC, 217-474-9354, Russ@HiattLand.com.
Procedure: The property will be offered as two tracts in a virtual online auction format. Bidding and livestream viewing will be available at WWW.Hiattland.bidwrangler.com. Bidding will be in dollars per acre for each tract. Registration: All bidders are required to register at WWW.Hiattland.bidwrangler.com no later than October 7, 2026 by 9:00am EST . Once the online registration form is filled out, it will be automatically sent to Hiatt Farmland Services for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidder’s financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase.
Improvements: None
Acceptance of Bid Prices: The successful high bidder will enter into a Contract to Purchase immediately following the close of bidding for presentation to the Seller. Final bid price is subject to approval or rejection by the Seller. Upon the close of the auction the winning bidder will either sign the Contract to Purchase in DocuSign or be forwarded via email or fax. A signed copy of the contract must be returned and received by Hiatt Farmland Services on or before 12:00 o'clock. P.M. CST, Friday October 9, 2026 (faxed to 217-253-8646) or scanned and emailed to Russ@hiattland.com.
Down Payment: A 10% non-refundable down payment of the total contract purchase price will be due within 24 hours of the close of the auction from the winning bidder. The down payment may be paid in the form of a wire transfer, personal check, business check or cashier's check. Should the winning bidder not be approved by the Seller, the down payment shall be returned to the bidder as soon as practicable. Payment shall be made to the escrow agent to be determined at a later date. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
Closing: The closing shall take place on or before Monday November 8 , 2026
Possession: Possession will be given at closing. A 2026 farm lease is in place through the severance of the growing crops at which time the lease shall terminate. Buyer agrees to honor the temnent rights and shall take full possession at teh termination of the currenet lease.
Title: Seller will provide a proper deed conveying merchantable title to the real estate to the successful buyer free and clear of liens as well as title policy for the amount of the purchase price.
Real estate taxes and assessment: The 2026 calendar year taxes due and payable in 2027 will be paid by the seller. A credit for the estimated taxes based on the most current information available will be given to teh buyer as a credit.
Survey: A survey of tracts 1 & 2 & the sellers retained portion will be conducted at the seller's expense. Tract 2 will have a fee simple ownership of a strip of land described in the survey giving access to Tract 2.
Mineral rights: The sale shall include any and all mineral rights currently owned by the seller, if any.
Acreages: All acreages have been based on estimates utilizing the best available information relative to mapping out parcels. A survey will be conducted to determine a legal descriptions sufficient fo transfering ownership to the buyer. The following acres will be used. Tract 1-70.31 acres; Tract 2- 124.19 acres. Final purchase price shall be determined based on the purchaser's high bid per acre times the surveyed acres for the tracts being purchased,
Easements and leases: The sale is subject to any and all easements presently recorded and noted in the titile policy.
Disclaimer: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or R. Hiatt Enterprises. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or R. Hiatt Enterprises. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the final round of bidding and increments of bidding are at the discretion and direction of the seller's agent. The seller and R. Hiatt Enterprises reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. Under no circumstances shall bidder have any kind of claim against Hiatt Farmland Services or anyone else if the Internet service fails to work correctly before or during the auction.
Agency: R. Hiatt Enterprises and its representatives are exclusive agents of the seller.
Seller: Donald anad Jane Hawkins.
