Pike County, Illinois Land Auction

Friday, September 24, 2021 - 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

SOLD!

TRACT 1 – $10,700 PER ACRE

TRACT 2 – $4,100 PER ACRE

TRACT 3 – $45,000 LUMP SUM

 

TOTAL – $1,048,990.00

Location

Pike County, Illinois

The Simmons land (known locally as the Long farm) is located adjacent to the small community of Atlas, IL, at the intersection of Highways 54 and 96. Atlas is located approximately 6 miles northeast of Louisiana, MO, 11 miles southwest of Pittsfield, IL or 40 miles southeast of Quincy, IL. The property is further described as being located in part of Sections 27 and 28, T6S-R5W, Atlas Township, Pike County, IL.

Seller

Virginia S. Simmons Revocable Trust

Managed By

John Borrowman (217) 430-0645

John Sullivan (309) 221-6700

General Information

139.1 SURVEYED ACRES • 3 TRACTS

The Simmons land (known locally as the Long farm) is located adjacent to the small community of Atlas, IL, at the intersection of Highways 54 and 96. Atlas is located approximately 6 miles northeast of Louisiana, MO, 11 miles southwest of Pittsfield, IL or 40 miles southeast of Quincy, IL. The property is further described as being located in part of Sections 27 and 28, T6S-R5W, Atlas Township, Pike County, IL.

The farm contains 139.1 Surveyed Acres and will be sold in 3 tracts. Two of the tracts represent nearly all tillable cropland (one parcel being a Class A farm with a soil PI of 133), and one parcel has a bungalow style home with acreage.

 

Aerial Tour

tract information

Tract 1 - 67.2 Surveyed Acres

  • FSA maps indicate 54.8 cropland acres, however, there are several additional acres being row cropped.
  • Soil Productivity Index (PI): 133.3 (tillable acres)
  • Soil types include: Raddle and Drury
  • Improved with a 34' x 48' open front metal storage building • Road frontage along Highways 54 & 96
  • Class A soils and nearly all tillable
  • Tract 1 is partially located in the Sny Drainage District

Tract 2 - 69.5 Surveyed Acres

  • FSA maps should indicate 58 cropland acres
  • Soil Productivity Index (PI): 111.2 (tillable acres)
  • Soil types include: Ambraw, Titus, Sarpy & Ceresco
  • The balance of the acres is a low area & not being tilled
  • Access by a deeded right of way off Highway 54
  • Located in the Sny Drainage District

Tract 3 - 2.4 Surveyed Acres

  • Physical address: 17679 State Highway 96, Rockport, IL
  • Improved with a 1-story bungalow style home
    • 2 bedrooms and 1 bath
    • Living room, kitchen and dining room
    • City water and central AC
    • Vinyl siding and asphalt shingle roof
    • Full basement
  • Very attractive property with mature landscaping and shade trees - lots of curb appeal

Method & Terms

A survey has recently been completed on all 3 tracts. Tracts 1 & 2 will be sold by the acre based on the surveyed acres and Tract 3 will sell for a lump sum total dollar amount. Each tract will sell individually and the tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(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 at closing which will be on or before October 29, 2021. Possession will be given at the time of closing subject to the current 2021 farm lease.

The 2021 real estate taxes will be paid by the sellers. The 2022 real estate taxes and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.

Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection.

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, 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

survey Information

FSA Information

Photos

Virginia S. Simmons Revocable Trust

 

Representing Attorney:

Schmiedeskamp, Robertson, Neu & Mitchell LLP

525 Jersey Street, Quincy, IL 62301

(217) 223-3030