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  • STARTMar 8th - 10:00am

  • VENUEOnline Only

Adams & Hancock County, Illinois Land Auction

Monday, March 8, 2021 at 10:00 A.M.

442.96 Acres± (7 Tracts)

SOLD! TRACT 1 – $6,500 PER ACRE
SOLD! TRACT 2 – $14,500 PER ACRE
SOLD! TRACT 3 – $14,500 PER ACRE
SOLD! TRACT 4 – $85,000 LUMP SUM
SOLD! TRACT 5 – $102,000 LUMP SUM
SOLD! TRACT 6 – $8,100 PER ACRE
SOLD! TRACT 7 – $4,450 PER ACRE

TOTAL – $4,484,117.00

Auction to be conducted as a virtual, online only auction.  No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161.  Thank you.


Click here to view results.


FARM LOCATIONS

Tract 1 is located approximately 4 miles east of Plainville, IL or 7 miles southeast of Payson, IL or 15 miles southeast of Quincy, IL. (In the Southeast Quarter of Section 21, T3S-R6W, Richfield Township, Adams County, IL).

Tracts 2 – 6 are located ½ mile west of Plainville, IL or 3 miles southeast of Payson, IL or 15 miles southeast of Quincy, IL. (In the South Half of the Southwest Quarter of Section 22, and the Northwest Quarter of Section 27, all in T3S-R7W, Payson Township, Adams County, IL).

Tract 7 is located approximately 15 miles south of Warsaw, IL or 20 miles north of Quincy, IL. (In the Northeast Quarter of the Southwest Quarter of Section 26, T3N-R9W, Rocky Run Township, Hancock County, IL).

 

AERIAL TOUR

 

TRACT INFORMATION

Tract 1 • 158.14 Taxable Acres±

  • FSA figures should indicate 124.08 total cropland acres.
  • 6.79 acres in Conservation Reserve Program (CRP) with annual payment of $835 ($122.97/acre), expires in 9-30-28.
  • Soil Crop Productivity Index (PI): 107.9 on tillable acres.
  • Soil types include Clarksdale, Bunkum and Winfield
  • Balance of the non cropland acres are wooded draws which offers excellent hunting and outdoor recreational opportunities.
  • Public road access along the south by County Road (CR) N200th Ave and along the east side by CR 2200E.

 

Tract 2 • 62.36 Surveyed Acres

  • FSA figures should indicate 57.06 total cropland acres.
  • Soil Crop Productivity Index (PI): 128.6 on tillable acres.
  • Soil types include Wakenda, Downsouth and Bunkum
  • Public road access along the south by CR N200th Ave.

 

Tract 3 • 137.24 Surveyed Acres

  • FSA figures should indicate 125.31 total cropland acres.
  • Soil Crop Productivity Index (PI): 129.7 on tillable acres.
  • Soil types include Downsouth, Bethalto and Menfro
  • Public road access along the north by CR N200th Ave.

 

Tract 4 • 6.19 Surveyed Acres

  • Improved with an 1 1⁄2 story country home with 8 rooms including 2-bedrooms, kitchen, living room, office, finished loft and attached 2-car garage. This home also has 2 full bathrooms. The home has vinyl siding, natural gas and wood burning furnace and central AC.
  • Tract 4 is also improved with a 32’ x 55’ unfinished 1 story house with a 2 car garage in the basement.
  • Public road access along the south by CR N200th Ave.
  • To view the home contact auction rep.

 

Tract 5 • 12.41 Surveyed Acres

  • FSA figures should indicate 5.74 total cropland acres.
  • Improved with a 11⁄2 story, 11-room country home with 4-bedrooms, 2-baths, kitchen, dinning room and large detached 2 car garage. Other features: natural gas furnace with central AC, newer high efficiency replacement windows, and appliances stay with the home.
  • The property is also improved with several outbuildings including a barn.
  • Public road access along the south by CR N200th Ave.
  • To view the home contact auction rep.

 

Tract 6 • 21.52 Surveyed  Acres

  • Beautiful open and fenced pastureland.
  • Improved with 3 grain bins:
  • Newer GSI 16,000 bu. steel grain bin with air and heat.
  • GSI 10,000 bu. grain bin
  • 7500 bu. grain bin
  • Also improved with a 36’ x 54’ machine shed and other older storage barns
  • Public road access along the north by CR N200th Ave.

 

Tract 7 • 45.1 Taxable Acres±

  • FSA figures should indicate 27.13 total cropland acres.
  • Soil Crop Productivity Index (PI): 96 on tillable acres.
  • Soil types include Seaton-Hickory and Stookey
  • Balance of the acres is wooded which offers outstanding hunting and outdoor recreational opportunities. This farm has consistently produced trophy whitetail deer, and also has wild turkey and small game.
  • Tremendous opportunity to own a small farm which offers tillable acres, outdoor recreational acres, a nice pond and is secluded but easily accessible.
  • Public road access along the east CR N550.
  • There is electric power service at the property and public water in close proximity to the property. 

 

METHOD & TERMS

Tracts 1 & 7 will sell based on the taxable acres. Tracts 2 – 6 will be surveyed. Tracts 1, 2 & 3 will be sold on a price per acre basis and will be auctioned first through the marketing method of Buyer’s Choice, whereas the high bidder can elect (in any order) any or all 3 tracts for their high bid.  Buyer’s Choice auctioning will continue until Tracts 1, 2 & 3 have been elected. We will then sell Tracts 4 & 5 each individually and for a LUMP SUM or total dollar amount and not on a price per acre basis. We will then sell Tract 6 and then Tract 7 individually, both on a price per acre basis. The tracts will NOT be offered in any type of combinations.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay a non refundable ten percent (10%) down payment. The balance of the bid price will be due at closing, which will take place in approx. 45 days, on or before Friday, April 23, 2021. Please note: Buyers who wish to get started with spring tillage and planting can close earlier if they would like. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, and inspection. The sellers will provide title insurance in the full amount of the purchase price. The 2020 real estate taxes, due and payable in 2021 will be paid by the seller and the new buyer will pay the 2021 and all subsequent real estate taxes. The tracts sell free of tenancy for the 2021 crop year and full possession will be given at the time of closing. Tract 5 sells subject to rights of residential tenant in possession per most recent Illinois COVID disaster proclamation dated February 5, 2021, and as may be extended by governor’s proclamation. Buyer of Tract 5 may negotiate an ongoing lease arrangement with current residential tenant if desired. Alternatively, the seller will make arrangements (at sellers expense) to secure for buyer full access to Tract 5 free of residential tenant’s rights as soon as practical. Seller agrees to postpone closing date on Tract 5 if necessary to secure buyer full access rights. Parties can contact William Siebers (attorney for estate) with any questions regarding this COVID related issue at (217) 214-1909.

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 our maps, photographs, drone video footage, 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 and all improvements are being sold “As Is”.

Douglas E. Voth Estate
Seller of Tracts 1-6

Great Rivers Bank, Administrator
694 Bainbridge St, Barry, IL 62312

Douglas E. Voth Estate & Rick Peikett
Seller of Tract 7

Representing Attorney:
William L. Siebers
Scholz, Loos, Palmer, Siebers & Duesterhaus, LLP
625 Vermont
Quincy, IL 62301
(217) 223-3444

Auction Managers:
John Borrowman (217) 430-0645
Joe Sullivan (844) 847-2161

Plat Map Tracts 1-6

Plat Map Tract 7

Aerial Maps

Soil Maps – Tillable Acres

FSA Documents

Tract 4 Photos

Tract 5 Photos

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Details

Date:
March 8
Time:
10:00 am - 11:55 pm
Categories:
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