Adams County, IL Land Auction – Dedert

Dedert Calendar

Monday, December 19, 2022 - 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

Dedert Calendar

Seller

Ronald G. & Mary J. Dedert Trust
Mark Dedert – Trustee

Managed By

Michael Sullivan (309) 333-0916

Location & General Information

52.513 Acres± (Subject to Survey) • 2 Tracts

The Dedert family farm is located at the north edge of Quincy, IL near the intersection of Hwy 96 & Hwy 24 (North 24th St.).  The farm is further described as being located in Section 12, T1S - R9W, Riverside Township, Adams County, IL.  Both tracts represent productive, tillable cropland and have excellent potential for development with an ideal location.

Tract Information

Tract 1 • 25 Acres± (Subject to Survey)

  • FSA figures indicate 23.18 acres of cropland currently in row crop production
  • Productivity Index (PI): 123.9
  • Productive soil types include Stookey, Biggsville, Mannon & Lawson
  • Excellent location with development potential being located along US Hwy 24 & State Route 96 (North 24th St.)
  • Access is along the north side by US Hwy 24 & along the east side by State Route 96 (North 24th St.)

Tract 2 • 27 Acres± (Subject to Survey)

  • FSA figures indicate 21.63 acres of cropland currently in row crop production
  • Productivity Index (PI): 119.5
  • Productive soil types include Stookey, Biggsville & Lawson
  • Excellent location with development potential being located along Spring Lake Road
  • This tract is improved with an older pole building in the NE corner
  • Access is along the south side by Spring Lake Road

Method & Terms

Both tracts will be sold on a price per acre basis, based on a survey which is currently underway. The tracts will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 Thursday, February 2, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to a crop tenancy for the 2023 crop year.  Contact auction manager for details. 

Bidding is NOT subject to any 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”.

Aerial Tour

Plat Map

Aerial Map

SOIL MAPS

Subject Photos

Ronald G. & Mary J. Dedert Trust
Mark Dedert - Trustee

 

Representing Attorney:

Schmiedeskamp, Roberts, Neu & Mitchell LLP
525 Jersey St., Quincy, IL 62301
(217)-223-3030

 

Auction Manager:

Michael Sullivan (309) 333-0916