Adams County, IL Land Auction - Ohnemus
Adams County, IL Land Auction - Ohnemus
See Special Terms for additional fees
Description
The farm is generally located just southwest of the small village of Loraine, Illinois and lies along the northwest side of the 4-lane Highway 336/110. Loraine, Illinois is located approximately 20 miles northeast of Quincy, IL or approximately 20 miles south of Carthage, Illinois. The farm will be sold in a virtual online only auction format.
Virtual, Online Only Auction - No Onsite Bidding
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Method and Terms
Lot # 0 (Sale Order: 1 of 2)
METHOD & TERMS
The Ohnemus Farm will be sold in 1 individual tract. The farm will sell on a price per acre basis, based on the advertised acres. The farm will be sold by way of a virtual online only auction. There will be no internet buyer fees.
Immediately following the auction, the successful bidder 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 Monday, September 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 will retain the 2020 crop income. Possession will be given at the time of closing subject only to the remainder of the 2020 farm tenancy. The farm sells free and clear for the 2021 crop year.
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 PURCHASE AGREEMENT
Representing Attorney:
Bruce Alford
Mays, Walden & Anastas, PC
636 Hampshire St # 101,
Quincy, IL 62301
Phone: (217) 222-1526
Tract 1 - 78.58 Acres +/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 78
FARM INFORMATION
- FSA figures should indicate approximately 48.43 acres+/- tillable.
- Crop Productivity Index (PI) is 113.1 on the tillable acres.
- Wirt, Twomile & Wakeland soils.
- The balance acres represent timber draws, creek and wildlife habitat.
- There is one bluff on this farm that is said to be the highest elevation in all of Adams County. This spot has a beautiful view of the river bottom and would make a fantastic possible new home site.
- Access off of a 4-lane highway at two separate points.
The purchase agreement will be adjusted to a quantity of 78.58 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
