Auction Information
Auctioneer Sullivan Auctioneers, LLC 844-847-2161
Auction Date Nov 13 Auction
Location
Stoney Creek Inn
3809 Broadway St.
Quincy, IL
Time 05:00PM
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Auction Listing
AuctionZip Auctioneer ID# 43943
142 Acres± (subject to survey) • 2 Tracts

Wednesday, November 13, 2019 at 5:00 P.M.

Auction to be held at the Stoney Creek Inn - 3809 Broadway St., Quincy, IL 62305

Location & General Information
The Schullian farm is located a short distance east of the Quincy Airport along County Rd 1300N. The farm is further described as being located in Sections 35 & 36, T1S - R7W, Gilmer Township, Adams County, IL.

Both tracts represent productive, tillable farmland that sells free & clear for the 2020 crop year.

Tract Information
Tract 1 - 92 Acres± (subject to survey)
• FSA figures indicate 86.87 acres of cropland currently in row crop production
• PI Rating: 120.1
• Soil types include Keller, Timewell, Clarksdale & Keswick
• Access is along the north side by N 1300th Ave.

Tract 2 - 50 Acres± (subject to survey)
• FSA figures indicate 49.79 acres of NHEL cropland currently in row crop production
• PI Rating: 126.1
• Soil types include Clarksdale, Timewell, Keller & Keswick
• Access is along the north side by N 1300th Ave.

Method & Terms
Both tracts are currently being surveyed and will sell on a price per acre basis. Both tracts will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect (in any order) either or both tracts for their high bid. Auctioning will continue until both Tracts 1 & 2 have been sold. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Tuesday, December 17, 2019. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free & clear for the 2020 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".

The Late Cecil Frank & Wilma "Billie" Schullian Farm

Auction Manager: Michael Sullivan (309) 333-0916

Representing Attorney: 
James A. Rapp
Schmiedeskamp Robertson Neu & Mitchell LLP
525 Jersey St., Quincy, IL 62301
Ph: 217-223-3030



Auctioneer License Information: 444000107

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