Cass County, IL Land Auction – Veith/Rupp

Wednesday, January 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

SOLD!

$15,200 PER ACRE

Location

Cass County, Illinois

The Veith/Rupp land (commonly known as the VanGiesen Farm) is located 3 miles southwest of Virginia, IL or 13 miles north of Jacksonville, IL, and is further described as being located in the North Half of the Northeast Quarter of Section 20, T17N-R10W, Virginia Township, Cass County, IL.

Seller

D. Vieve Veith

Bonnie A. Rupp

Managed By

John Sullivan (309) 221-6700

General Information

The farm contains 76.76 taxable acres, will be sold as 1-tract and is nearly all-tillable, highly productive cropland. Farmers and investors, be sure to check out this property.

FSA information

tract information

 

76.76 Taxable Acres

  • FSA maps indicate 76.73 cropland acres
  • Productivity Index (PI): 119.4 (tillable acres)
  • Soil types include Ipava, Sylvan-Bold and Osco
  • Knight Road borders on the north side and Brockhouse Road on the west

Real Estate Tax Information

PIN 11-019-003-00 - 76.76 Acres - $2,756.50

Method & Terms

The farm will be sold on a price per acre basis, based on taxable acres.

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 February 22, 2022. 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 and the land sells free and clear of tenancy for the 2022 crop year.

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 MAP

Photos

D. Vieve Veith & Bonnie A. Rupp

 

Representing Attorney: Bruce A. Alford

Mays, Walden & Anastas PC

636 Hampshire St. | Quincy, IL 62301 | (217) 222-1526

 

Auction Manager:

John Sullivan (309) 221-6700