Adams County, Illinois Land Auction

Wednesday, August 25, 2021 - 1:00 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 – $4,625 PER ACRE

TRACT 2 – $9,800 PER ACRE

TRACT 3 – $11,600 PER ACRE

TOTAL – $1,150,605.00

Location

Adams County, Illinois

The Mowen farm contains a total of 206.46 surveyed acres and will be sold in 3-tracts. The property is located approximately 5 miles east of the Quincy, IL Regional Airport, or 5 miles north of Liberty, IL or 8 miles south of Camp Point, IL, along the Kellerville to Quincy Blacktop. The farm is further described as being located in part of Sections 33 and 34, T1S-R6W, Columbus Township, Adams County, IL.

Seller

Gene and Teresa Mowen

Managed By

John Sullivan (309) 221-6700

General Information

206.46 Surveyed Acres • to be sold in 3 tracts

The farm offers several opportunities for farmers, hunters, investors and home builders with productive cropland, excellent hunting land and outstanding home building sites.

Aerial tour

Tract Information

Tract 1 – 174.52 Surveyed Acres

  • FSA records should indicate 141.10 cropland acres
  • Soil Productivity Index (PI): 105.8 (tillable acres)
  • Soil types include: Wakeland, Bunkum, Keswick and Twomile
  • Balance of the acres is wooded with a pond and Lierle Creek runs along the south border
  • The farm has an extensive amount of conservation work completed including terraces and dry dams
  • Improved with an older barn
  • Access is via a deeded strip of land off County Road N 1210th Ave.

 

Tract 2 – 15.03 Surveyed Acres

  • FSA records should indicate approximately 7 cropland acres
  • Soil Productivity Index (PI): 102.8 (tillable acres)
  • Soil types include: Winfield and Keomah
  • Balance of the acres is wooded, has a small pond and Lierle Creek runs along the north boundary
  • This small attractive parcel has it all – cropland acres, recreation acres and excellent home building sites
  • ABS public water is located along the south property line
  • County Road N 1210th Ave. runs along the south side

 

Tract 3 – 16.91 Surveyed Acres

  • FSA records should indicate approximately 10 cropland acres
  • Soil Productivity Index (PI): 103.2 (tillable acres)
  • Soil types include: Winfield, Keomah and Lindley
  • Balance of the acres is wooded and Lierle Creek runs along the north boundary
  • This small attractive parcel has it all – cropland acres, recreation acres and excellent home building sites
  • ABS public water is located along the south property line
  • County Road N 1200th Ave. (Kellerville to Quincy Road) and N 1210th Ave. run along the south side

Survey Information

Method & Terms

All 3 tracts will be surveyed prior to the auction and will be sold by the acre based on the surveyed acres. Tract 1 will sell first, then we will sell “Buyers Choice” on Tracts 2 and 3. The tracts will NOT be combined 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 the time of closing, on or before Monday, October 1, 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 2020 and 2021 real estate taxes. The farm sells subject to the current 2021 crop tenancy and sellers are retaining all farm income for 2021. Possession will be given at the time of closing, subject to the current, existing farm tenancy.

All announcements 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 seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

Plat Map

Aerial Map

SOIL MAP

FSA Information

Subject Photos

Tract 1

Tract 2

Tract 3

Gene and Teresa Mowen - Seller

 

Representing Attorney:

Jerry Timmerwilke

Blickhan Timmerwilke Woodworth

226 N 6th St

Quincy, IL 62301

(217) 221-4200

 

Auction Manager: John Sullivan (309) 221-6700