Adams County, IL Land Auction – Klingele

Saturday, November 20, 2021 - 3:00 pm 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

SOLD!

TRACT 1 – $5,550 PER ACRE

TRACT 2 – $5,300 PER ACRE

 

TOTAL – $433,855.50

Location

Adams County, Illinois

The Klingle Family Trust Farm is located approximately 10 miles east of the Quincy Regional Airport or 8 miles south of Clayton, IL. The property is further described as being located in Sections 3 & 4, McKee Township, and Sections 33 & 34, Concord Township, Adams County, IL.

Seller

Klingele Family Trust Farm

c/o Debra Viar & Tony Klingele – co-trustees

Managed By

Joe Sullivan

General Information

79.91 Surveyed Acres • 2 Tracts

The property contains 79.91 surveyed acres, will be sold in 2 tracts and represents tillable acres, wooded acres and excellent home building sites.

Tract Information

Tract 1 - 41.33 Surveyed Acres

  • FSA figures should indicate 17.03 cropland acres (9.26 acres currently in row crop production & 7.77 acres in hay).
  • Soil Productivity Index (PI): 111.2 (tillable acres)
  • Soil types include Rushville, Drury & Keomah
  • The balance of the acres represents fantastic wildlife habitat and premier home building sites.
  • Public water is available along the Kellerville Blacktop.
  • Road access along the north side by County Blacktop N1200th Ave. (Kellerville Blacktop) and along the south side by County Road 1153N (Spring Valley Road).

Tract 2 - 38.58 Surveyed Acres

  • FSA figures should indicate approximately 22.57 cropland acres (6.72 acres currently in row crop production & 5.26 acres in pasture).
  • Soil Productivity Index (PI): 96.3 (tillable acres)
  • Soil types include Keswick, Drury & Wakeland
  • The balance of the acres represents fantastic wildlife habitat and premier home building sites.
  • Road access along the north side by County Blacktop N1200th Ave. (Kellerville Blacktop) and along the south side by County Road 1153N (Spring Valley Road).

Method & terms

Both tracts will be sold on a price per acre basis, based on a survey that is currently in progress, and offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts (in any order) for their high bid. If the high bidder elects only one of the tracts, the remaining tract will then be sold. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at closing, on or before Monday, December 20, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession will be given at the time of closing, subject to the current farm tenancy for the 2021 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, drone video, 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 is being sold “As Is”.

Aerial Tour

Plat Map

Aerial Map

Survey Overlay

SOIL MAP

Photos

Klingele Family Trust Farm

c/o Debra Viar & Tony Klingele - co-trustees

 

Representing Attorney:

Christopher G. Scholz

Scholz, Loos, Palmer, Siebers & Duesterhaus LLP

625 Vermont Street

Quincy, IL  62301

(217) 223-3444

 

Auction Manager:

Joe Sullivan