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Brown County, IL Land Auction - McNeff
Brown County, IL Land Auction - McNeff
See Special Terms for additional fees
Description
Brown County, Illinois
The McNeff real estate is located approximately 10 miles southwest of Mt. Sterling, IL, or 2 ½ miles southwest of the small community of Buckhorn, IL (30 miles east of Quincy, IL or 45 miles northwest of Jacksonville, IL). The property is further described as being located in the northeast corner of Section 5, T2S-R4W, Buckhorn Township, Brown County, Illinois.
The McNeff farm contains 126 taxable acres± and will be sold as 1-tract. The farm represents a combination of productive tillable crop acres and mature wooded acres that offers outstanding outdoor recreational and hunting opportunities. Farmers, hunters and investors, be sure to check out this property which offers something for everyone!
Auction Manager:
John Sullivan (309) 221-6700
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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 McNeff real estate will be sold on a price per acre basis, based on 126 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 Thursday, July 19, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Buyer will pay the 2024 and all future RE taxes. Possession will be given at the time of closing, subject to a farm lease for the 2024 crop year of which the new buyer(s) will receive the farm cash lease income for 2024 (contact the auction manager for the details regarding the 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 on 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".
McNeff Estate
Attorney for McNeff Estate:
Dennis G. Woodworth | Blickhan, Timmerwilke & Woodworth
226 N 6th St, Quincy, IL 62301 | (217) 221-4200
Attorney for Gilberta Dorsey:
Roni Vanausdall | Phoenix Legal Services, L.L.C
1425 Pheasant Run, Quincy, IL 62305 | (217) 740-7804
Auction Manager:
John Sullivan (309) 221-6700
Tract 1 - 126 taxable acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 126
- 126 taxable acres
- FSA maps indicate 47.6 cropland acres
- Productivity Index (PI): 104.2 (tillable acres)
- Soil types include Keomah and Fishhook
- Balance of the acres are mature woods with a meandering creek and ATV trail
- Outstanding outdoor recreational and hunting opportunities with Whitetail Deer, Wild Turkey and other small game abundant
- Adjacent to the IDNR Buckhorn Unit - Siloam Springs State Park
- Rural public water located along the east side
- Buyer to receive the 2024 cash rent income (contact auction manager for further details)
- Road Access along the south (550N Ave) and east (200E St) sides
The purchase agreement will be adjusted to a quantity of 126 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
