Adams County, IL Land Auction - Eicken
Adams County, IL Land Auction - Eicken
See Special Terms for additional fees
Description
Adams County, Illinois
The Eicken farm is located between Bowen & Golden a short distance northwest of LaPrairie, IL. The farm is further described as being located in Section 1, T2N - R6W, Houston Township, Adams County, IL.
The farm represents productive tillable farmland and is improved with a home & outbuildings.
Auction Manager:
Michael Sullivan (309) 333-0916
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Method & Terms
Lot # 0 (Sale Order: 1 of 2)
This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.
The Eicken 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 Monday, July 8, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer will pay the 2024 taxes and beyond. Possession will be given at the time of closing subject to a 50-50 crop share lease agreement (contact the auction manager for details regarding the 2024 farm lease).
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, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".
The Estate of Duane Eicken
Tyler S. Phillips, Administrator
Representing Attorney:
Tyler S. Phillips | Rober & Phillips
1246 Broadway Street, Quincy, Illinois 62301 | (217) 209-0324
Auction Manager:
Michael Sullivan (309) 333-0916
Tract 1 - 80 acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 80
- 80 taxable acres+/-
- FSA figures indicate 79.03 acres of NHEL cropland currently in row crop production
- Productivity Index (PI): 127.3
- Soil types include Timewell, Ipava, Rubio, Keller & Osco
- This tract is improved with an older farm house (in need of repairs) & some older outbuildings
- Access is along the east side by E 2500th St. & along the south by N 2900th Ave.
The purchase agreement will be adjusted to a quantity of 80 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
