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Auction Information

Adams County, Illinois Land Auction

Mon Nov 01 - 01:00PM


Online Auction, Clayton, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Monday, November 01, 2021 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Adams County, Illinois

The farm is located approx. 1 mile northeast of Clayton, IL in Section 23, T1N – R5W, Clayton Township, Adams County, IL.


SELLER

Junk, Barker & Gammon

MANAGED BY

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

80.7 Acres± • 1 Tract

The farm represents nearly 100% productive tillable farmland which sells free and clear for the 2022 crop year.


TRACT INFORMATION

  • 80.7 Taxable Acres
  • FSA figures indicate 77.93 acres of cropland currently in row crop production.  Of those cropland acres, 72.50 acres are NHEL
  • Soil Productivity Index (PI): 130.1
  • Soil types include Timewell, Ipava, Keller, Virden & Rubio
  • Access is along the entire west side by County Rd 2950E & along the entire north side by County Rd 2050N

METHOD & TERMS

The farm will be sold on a price per acre basis, based on taxable acres.

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, December 1, 2021. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession at closing subject to the existing crop tenancy for the 2021 crop year only.

Bidding is NOT subject to the following 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 or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.


Representing Attorney:

John N. Hauk

Hauk & Owens, LLC

811 Maine St.

Quincy, IL 62301

Phone: (217) 214-2757

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.