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  • STARTJun 23rd - 10:00am

  • VENUE

Adams & Pike County, Illinois Land Auction

Wednesday, June 23, 2021 at 10:00 A.M.

1,347.2 SURVEYED ACRES • 12 Tracts

SOLD! TRACT 1  – $ 9,400 PER ACRE
SOLD! TRACT 2  – $ 3,550 PER ACRE
SOLD! TRACT 3  – $ 8,800 PER ACRE
SOLD! TRACT 4  – $10,200 PER ACRE
SOLD! TRACT 5  – $ 6,950 PER ACRE
SOLD! TRACT 6  – $ 6,950 PER ACRE
SOLD! TRACT 7  – $ 8,100 PER ACRE
SOLD! TRACT 8  – $ 1,600 PER ACRE
SOLD! TRACT 9  – $13,000 PER ACRE
SOLD! TRACT 10 – $13,000 PER ACRE
SOLD! TRACT 11 – $13,000 PER ACRE
SOLD! TRACT 12 – $96,000 LUMP SUM

TOTAL – $13,072,670.00

 

SURVEYS

 

 

 


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.


FSA Maps – Tracts 1-7

FSA Maps – Tracts 9-11

Real Estate Taxes, Drainages Taxes and Cash Rent

Location & General Information

(Look for pre-sale directional and tract signs on each tract)

Fall Creek Farms, Inc. and The House Family real estate contains 1,347.2 surveyed acres to be sold in 12 tracts and consists of productive and nearly all-tillable Mississippi River bottomland. The property is located just west of the small community of Fall Creek, IL or 10 miles south of Quincy, IL or 6 miles northeast of Hannibal, MO in the Sny Drainage District. The land is further described as being located in Sections 27, 28, 29, 32, 33 & 34, T3S-R8W, Adams County, IL and Sections 4 & 5, T4S-R8W, Pike County, IL.

The property will be sold in 12 parcels that range from 5 acres to 335 acres (subject to survey) and are located within a 2-mile radius. The tracts represent:

  • Highly productive, nearly all tillable land
  • Newer center pivot irrigation system
  • Excellent waterfowl and hunting opportunities
  • Grain storage structures, machine sheds and home

 

Auctioneers’ Note

Make plans now to participate in this major West Central Illinois farmland auction.

The House land represents highly productive, nearly all tillable Mississippi River bottomland. This land has been in the same family since the early 1900’s when Henry Seymour first purchased land near Fall Creek, Illinois. Mr. Seymour’s daughter and family added land over the generations.

Farmers and investors, be sure to check out this once in a lifetime opportunity to purchase 1,312 acres± of nearly all contiguous farmland.

 

Aerial Tour

Tract Information

TRACT 1 – 81.1 SURVEYED ACRES

  • FSA maps should indicate 77.92 cropland acres
  • Soil Productivity Index (PI): 130.4
  • Soil types to include: Riley, Beaucoup and Lawson
  • Road access on the north by County Road N150th Ave and on the west by E850th St

TRACT 2 – 40.2 SURVEYED ACRES

  • 100% hunting and outdoor recreational tract
  • Slough, water holes and mature trees
  • Excellent waterfowl, whitetail deer and other small game abundant
  • Road access on the west by E850th St

TRACT 3 – 179.4 SURVEYED ACRES

  • FSA maps should indicate 154.99 cropland acres
  • Soil Productivity Index (PI): 129.1
  • Soil types to include: Riley, Gorham, Beaucoup and Lawson
  • Road access on the west and south

TRACT 4 – 335 SURVEYED ACRES

  • FSA maps should indicate 327.83 cropland acres
  • Soil Productivity Index (PI): 130.9
  • Soil types to include: Riley, Beaucoup, Lawson and Gorham
  • Improved with a like new Valley 10-tower center pivot irrigation system with JD stationary power unit
  • Considerable amount of field drainage tile
  • Road access on all 4-sides

TRACT 5 – 140.4 SURVEYED ACRES

  • FSA maps should indicate 111.3 cropland acres (estimated-split fields)
  • Soil Productivity Index (PI): 127.4
  • Soil types to include: Riley and Beaucoup
  • Road access on the north, west and east sides

TRACT 6 – 134 SURVEYED ACRES

  • FSA maps should indicate 107.88 cropland acres (estimated-split fields)
  • Soil Productivity Index (PI): 126.2
  • Soil types to include: Beaucoup, Ceresco, Coffeen and Riley
  • Road access on the east side

TRACT 7 – 32.8 SURVEYED ACRES

  • FSA maps should indicate 27.87 cropland acres
  • Soil Productivity Index (PI): 130
  • Improved with a 22,000 bu. grain bin & older swine buildings
  • Soil types to include: Coffeen and Riley
  • Road access on the east and west sides

 TRACT  8 – 24.9 SURVEYED ACRES

  • The south 25 acres of the Austin Creek Settling Basin which catches and holds surface water runoff
  • Levied along the south, east and west sides
  • Some mature trees & water holes which offers hunting and outdoor recreational opportunities
  • Road access on the west side by East 1000th Street

TRACT 9 – 158 SURVEYED ACRES

  • FSA maps indicate this tract is nearly all cropland acres with the exception of a drainage ditch
  • Soil Productivity Index (PI): 133.9
  • Soil types to include: Lawson, Wakeland, Riley, and Beaucoup
  • Road access along the west side by East 1000th Street

TRACT 10 – 160.4 SURVEYED ACRES

  • FSA maps indicate this tract is nearly all cropland acres with the exception of drainage ditches and part of a small building site
  • Soil Productivity Index (PI): 131.2
  • Soil types to include: Beaucoup, Wakeland, Riley and Tice
  • Road access along the west side by East 1000th Street

TRACT 11 – 55.7 SURVEYED ACRES

  • FSA maps should indicate 42.89 cropland acres
  • Balance of the acres is drainage ditches and part of a small building site
  • Soil Productivity Index (PI): 130.9
  • Soil types to include: Beaucoup, Wakeland and Gorham
  • Road access along the west by East 1000th Street and south by 340th Avenue

TRACT 12 – 5.3 SURVEYED ACRES

  • Improved with a home, grain bins and farm outbuildings
  • 2-story home features:
    •          4-bedrooms and 1-bath
    •          Large eat-in kitchen
    •          Central air conditioning/electric heat
    •          Newer replacement windows
  • 2-car detached garage
  • 50,000 bu grain storage in steel bins
  • Several farm machine sheds and outbuildings including 36’ x 48’ insulated shop
  • Road access on the southeast side by 115th Street

Method

Tracts 1 – 11 will sell on a price per acre basis based on the surveyed acres and offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase any or all tracts for their high bid (in any order). Buyer’s Choice auctioning will continue until all the tracts have been purchased. We will then sell Tract 12 (the home and farm buildings) for a total, lump sum amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Terms

Immediately following the auction, the winning bidder(s) 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 on or before, Friday, August 6, 2021. Bidding is NOT subject to contingencies, including but not limited to: financing, appraisal, and inspection.

The seller will provide title insurance in the full amount of the purchase price and pay the 2020 real estate taxes, due and payable in 2021. The farm sells subject to a one-year cash rent crop tenancy. The seller will retain the first half of the 2021 cash rent income and pay half of the 2021 real estate & drainage taxes. The buyer will receive the second half of the 2021 cash rent income and pay half of the 2021 real estate & drainage taxes. The Sny Drainage District Special Assessment Tax has been paid in full. Possession will be given at the time of closing. (Contact auction company for details).

All announcements made sale day take precedence over 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 made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

PLAT MAP

Aerial Maps

Alexander J. House, Not Individually but as Agent for

Fall Creek Farms, Inc. and the House Family

 

Representing Attorney:

Harold B. Oakley and Jeffrey L. Terry

Schmiedeskamp Robertson Neu & Mitchell LLP

525 Jersey

Quincy, IL

(217) 223-3030

 

Auction Managers:

John Borrowman (217) 430-0645

John Sullivan (309) 221-6700

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Details

Date:
June 23
Time:
10:00 am - 11:55 pm
Categories:
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