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November 22, 2024

The Shelby County Farm Bid, Redacted –

By John Kraft & Kirk Allen

On November 19, 2024

Shelby Co., Ill. (ECWd) –

As promised, below is a copy of the redacted bid submitted for the Shelby County Farm purchase.

It appears the bid is for more than the minimum price listed in the resolution (link to resolution is here).

Minimum for the 1812-03…parcel (see appraisal) was set at $6500 (or a total for this 80 acres of $520,000) and this bid was $8,201.00 per acre (or a total for this 80 acres of $656,080).

Minimum for the 1812-04…parcel (see appraisal) was set at $8000 (or a total for this 156 acres of $1,248,000), and this bid was $11,302.55 per acre (or a total for this 156 acres of $1,763,197.80).

 

 

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