Adams County, IL Land Auction - Bottorff
Adams County, IL Land Auction - Bottorff
See Special Terms for additional fees
Description
The Bottorff farm is located in Sections 28 & 29, Keene Township, Adams County, Illinois. From Loraine, Illinois exit the 4-lane Hwy. 336/110 onto Hwy. 61 east, then immediately turn south on Cty. Rd. E1500th. Go south 1 mile to the farm that lies on both sides of the road. Both tracts also have access on the south sides by Cty. Rd. N2500th. Loraine, Illinois is located approximately 20 miles northeast of Quincy, IL or approximately 20 miles south of Carthage, Illinois. The farm represents productive tillable farmland and areas of wooded draws. The farm will be sold in a virtual online only auction format.
Auction to be conducted as a virtual, online only auction. No internet buyer fees! No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
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Method and Terms
Lot # 0 (Sale Order: 1 of 3)
The Bottorff Farm will be sold in 2 individual tracts. Both tracts will sell on a price per acre basis, based on the advertised, taxable acres. Both tracts will be offered through the marketing method of "buyer's choice", whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts,the remaining tract will then be sold. After both tracts have been sold, we will NOT offer the farm in any type of combinations. Each sale will be final.
Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Ten (10%) percent of the bid price to be due on the day of sale with the balance due at closing in approximately 30 days, on or before Wednesday, October 21, 2020. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due in 2021 will be paid by the seller, as the seller is retaining the 2020 crop income. Possession will be given at the time of closing subject only to the remainder of the 2020 tillable farm tenancy.
All announcements sale day shall take precedence over any 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 pertaining to the property. This real estate is being sold "as is".
CLICK HERE TO VIEW TITLE COMMITMENTS
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
The Josephine Bottorff Farm
Loretta Ensminger & Lowell Bottorff - Sellers
Representing Attorney:
Bruce Alford
Mays, Walden & Anastas, PC
636 Hampshire St # 101
Quincy, IL 62301
Phone: (217) 222-1526
Tract 1 - 108.87 Acres+/-
Lot # 1 (Sale Order: 2 of 3)
- FSA figures should indicate approximately 89.61 acres+/- currently in row crop production.
- Crop Productivity Index (PI) is 115.8 on the tillable acres.
- Rozetta & Keomah soils.
- The balance acres represent wooded acres offering wildlife habitat.
- Access on the south side by Cty. Rd. N2500th & on the east side by Cty. Rd. 1500E.
The purchase agreement will be adjusted to a quantity of 108.87 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 20 Acres+/-
Lot # 2 (Sale Order: 3 of 3)
Quantity: 20
- FSA figures should indicate approximately 14.07 acres+/- currently in row crop production.
- Crop Productivity Index (PI) is 105.9 on the tillable acres.
- Rozetta & Ursa soils.
- The balance acres represent wooded acres offering wildlife habitat.
- Access on the south side by Cty. Rd. N2500th & on the west side by Cty. Rd. 1500E.
The purchase agreement will be adjusted to a quantity of 20 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
