SOLD! $6,200.00 PER ACRE
113.19 Surveyed Acres – 1 Tract
Monday, October 7, 2019 at 6:00 P.M.
Auction to be held at the Stoney Creek Inn – 3809 Broadway St., Quincy, IL 62305
Location & General Information
The Deters farm is located approx. 4 miles east of Quincy, IL. From the junction of Hwy 104 & Hwy 336, take Hwy 104 east 4 miles to County Road 1350 E, then left or north approx. 1/2 mile to the farm.
The farm represents predominantly tillable farmland and a small amount of timber/draws.
113.19 Surveyed Acres • 1 Tract
- FSA figures should indicate approx. 100.6 acres of cropland currently in row crop production
- Soil types include Bunkum, Keomah & Clarksdale
- PI Rating: 110.9
- The balance of the farm is in 2 small draws & a few waterways
- This tract offers productive, tillable cropland as well as potential building sites ideally located east of Quincy, IL near the airport
- Access is along the east side by County Rd 1350E (Lake Shore Hills Rd) & along the north side by County Rd 1253N (St. Ludgerus Rd)
Method & Terms
The Deters has recently been surveyed and will sell on a price per acre basis.
Immediately following the auction, the successful buyer 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 Thursday, November 7, 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, subject only to the current tenant’s farm lease. 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”.
Known Locally as the William H. Jr. & Ruth A. Deters Family Farm
Auction Manager: Michael Sullivan
James A. Rapp
& Jeffrey L. Terry
Schmiedeskamp Robertson Neu & Mitchell LLP
525 Jersey St., Quincy, IL 62301