Adams County, IL Real Estate Auction – Gooding

Gooding Cal Image

Thursday, October 20, 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

Physical Address: 2631 E 1100th Street Mendon, IL 62351

Gooding Cal Image

Seller

Lyle Gooding Estate

Jolane Gooding • Owner

Managed By

John Sullivan (309) 221-6700

Dan Sullivan (319) 795-1833

Location & General Information

The Gooding real estate is located approximately 5 miles north of Mendon, IL or 6 miles west of Loraine, IL or 7 miles northeast of Ursa, IL (15 miles north of Quincy, IL). From Mendon, IL, take the 4-lane Highway 336/110 north 1.5 miles to N 2400th Rd, after a short jog to the west, take CR 1300 E north 2 miles to 2600N, then west 2 miles to E1100th St, then north 1/3 mile to the farm.  Physical address: 2631 E 1100th Street, Mendon, IL 62351. The land is further described as being in Section 22, T2N-R8W, Mendon Township, Adams County, IL.

The property contains a total of 24.23 deeded acres, will be sold in 1-tract and is improved with a modern ranch style 3-bedroom brick home and farm outbuildings. The property also has cropland acres, wooded areas, a small pond and offers outdoor recreational opportunities.

Tract Information

24.23 Acres± • 1 Tract

  • Approximately 11.5 cropland acres
  • Productivity Index (PI): 109 with Rozetta soils
  • Improved with a brick, ranch style home built in 1982
  • The home features:
    • 3-bedrooms and 2-baths
    • kitchen (with appliances), dining area and living room
    • 2-car attached garage
    • full basement - mostly finished
    • LP gas hot water furnace with outdoor wood furnace, and central AC
    • well water with rural public water available from Clayton/Camp Point water system
  • Other improvements include a 42' x 90' machine shed with heated shop area, and several barns, sheds and outbuildings
  • Open House/Inspection Date: Saturday, October 8th from 9:00 to 12:00 AM

Method & Terms

The Gooding real estate will be sold for a lump sum total dollar amount.

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 November 21, 2022. 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. Possession will be given at the time of closing and the property sells free of tenancy for 2023 and beyond.

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”.

Plat Map

Aerial Map

Soil Map

Lyle Gooding Estate

Jolane Gooding • Owner

 

Representing Attorney:

Andrew Staff

Staff & Staff

237 N 6th Street, Suite 200

Quincy, IL 62301

(217) 228-8470

 

Auction Managers:

John Sullivan (309 221-6700

Dan Sullivan (319) 795-1833