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Auction Information

Adams County, Illinois Land Auction

Thu Nov 11 - 10:00AM


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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Thursday, November 11, 2021 - 10:00 AM 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

Tracts 1 & 2 are located northwest of Clayton, IL in Section 18 of Clayton Township.

Tracts 3 & 4 are located northeast of Quincy, IL in Section 12 of Ellington Township.


SELLER

Richard McNay

MANAGED BY

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

217 Acres± • 4 Tracts

Productive Tillable Farmland!


TRACT INFORMATION

Tract 1 - 82.01 Taxable Acres

  • FSA figures indicate 80.24 acres of NHEL cropland currently in row crop production
  • Soil Productivity Index (PI): 136.8 (Class A)
  • Productive soil types include Virden, Timewell & Ipava
  • Pattern Tiled
  • Access is along the entire south side by County Road 2150N & along the entire east side by County Road 2600E

 

Tract 2 - 20.42 Taxable Acres

  • FSA figures indicate 19.63 acres of NHEL cropland currently in row crop production
  • Soil Productivity Index (PI): 136.5 (Class A)
  • Productive soil types include Virden, Timewell & Ipava
  • Some pattern tile
  • Access is along the entire north side by County Road 2150N & along the entire east side by County Road 2600E

 

Tract 3 - 109.55 Taxable Acres

  • FSA figures indicate 96.70 acres of cropland currently in row crop production
  • Soil Productivity Index (PI): 129.1 (Class B)
  • Productive soil types include Downsouth, Emery, Edwardsville, Bunkhum, Timewell, Ipava, Clarksdale & Lawson
  • Access is along the entire east side by County Road 1900E

 

Tract 4 - 5.38 Taxable Acres

  • FSA figures indicate 4.08 acres of cropland currently in row crop production
  • Soil Productivity Index (PI): 114.3
  • Soil types include Clarksdale, Winfield & Fishhook
  • Ideally located along Hwy 24, with access along the north side

METHOD & TERMS

All tracts will sell on a price per acre basis, based on taxable acres. Tracts 1 & 2 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) either or both tracts for their high bid. “Buyer’s Choice” auctioning will continue until both tracts have been elected. Tracts 3 & 4 will then be offered "Buyer's Choice". The tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before Wednesday, December 22, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2021 real estate taxes due and payable in 2022. The property sells subject to the current crop year tenancy but free and clear of tenancy for the 2022 crop year. Possession will be given at the time of closing subject to the current crop tenancy for 2021.

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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.

REPRESENTING ATTORNEYS

Michael A. Bickhaus & Jeffrey L. Terry

Schmiedeskamp Robertson Neu & Mitchell LLP

Law Firm 525 Jersey Street | Quincy, IL 62301

(217) 223-3030

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