The Arlene Shotwell Estate

Tuesday, October 21st, 2025, At 10am CST

This sale will be held live in person at the Aledo VFW and live online

Seller: The Arlene Shotwell Estate

Managing Broker: Ashlyn Gilpin (319) 759-1162

Auctioneer/ Broker: Thaddeus Tharp (309) 333-8814

General Information: 123.78 Acres – 3 Tracts

Location

Mercer County, Illinois

Land is located Northwest of Aledo Illinois or 4 miles north of Millersburg Illinois on 130th Street and is further described as being in section 21 and 28, T15N-R4W, Duncan Township, Mercer County, Illinois. 

Terms and Conditions

The Shotwell farm will be sold on a price per acre basis, based on surveyed acres. All three tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any single tract or combination of tracts for their high bid. If the high bidder does not elect all available tracts, then the remaining tracts will then be sold, with the continuation of “Buyers Choice” method until all tracts have been 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 Wednesday, November 26th, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 real estate taxes, due and payable in 2026, through a credit at closing based on the best available information. Open lease for 2026 crop year. Possession at closing.

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

All announcements made sale day 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, Tharp Reality PLLC nor Tharp Auction Service LLC pertaining to this property. Real estate is being sold “AS IS”.

Aerial Tour

Aerial Map

Survey Map

Tract Information

Tract 1 SOLD- $7,500 Per Acre

Tract 1- 51.94 acres

  • FSA information indicates Approximately 46.12 tillable acres
  • Tillable soils- Hickory-Sylvin, Greenbush, muscatune, Osco
  • Productivity index (PI) 96.4
  • Blacktop frontage and access from 130th st

Tract 2 Sold- $6,600 Per Acre

Tract 2- 18.19 Acres

  • FSA information indicates approximately 2.97 tillable acres 
  • Tillable acres soils- Osco, Hickory-Sylvin
  • Productivity index (PI) 115
  •  Tract includes (2) 24X32 out buildings 

Tract 3 Sold- $9,000 Per Acre

Tract 3- 53.65 Acres

  • FSA information indicates approximately 48.36 tillable acres 
  • Tillable acres soils- Sylvan-Bold, Osco, Muscatune
  • Productivity index (PI) 104.8
  • Blacktop access along east side from 130th St, gravel access on the south side from 135th Ave

Seller: The Arlene Shotwell Estate

Representing Attorney: Karl A. Bredberg (309) 582-5327

 201 W Main St Aledo IL, 61231 | P.O. Box 208

Auctioneer/ Broker: Thaddeus Tharp (309) 333-8814

Managing Broker: Ashlyn Gilpin (319) 759-1162