This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-3.

A survey has recently been completed prior to the auction on all 3 tracts. Tracts 1 & 2 will be sold by the acre based on the surveyed acres and Tract 3 will sell for a lump sum total dollar amount. Each tract will sell individually and the tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 be on or before October 29, 2021. Possession will be given at the time of closing subject to the current 2021 farm lease.

The 2021 real estate taxes will be paid by the sellers. The 2022 real estate taxes and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.

Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection.

All announcements made sale day take precedence over 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 made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold "AS IS".


CLICK HERE TO VIEW SURVEY PLAT - revised 9/21/21

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 3 RESIDENTIAL DISCLOSURES


Virginia S. Simmons Revocable Trust

Representing Attorney:
Schmiedeskamp, Robertson, Neu & Mitchell LLP
525 Jersey Street, Quincy, IL 62301
(217) 223-3030

Auction Managers:
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700
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• FSA maps indicate 54.8 cropland acres, however, there are several additional acres being row cropped.
• Soil Productivity Index (PI): 133.3 (tillable acres)
• Soil types include: Raddle and Drury
• Improved with a 34' x 48' open front metal storage building
• Road frontage along Highways 54 & 96
• Class A soils and nearly all tillable
• Tract 1 is partially located in the Sny Drainage District

The purchase agreement will be adjusted to a quantity of 67.2 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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• FSA maps should indicate 58 cropland acres
• Soil Productivity Index (PI): 111.2 (tillable acres)
• Soil types include: Ambraw, Titus, Sarpy & Ceresco
• The balance of the acres is a low area & not being tilled
• Access by a deeded right of way off Highway 54
• Located in the Sny Drainage District

The purchase agreement will be adjusted to a quantity of 69.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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• Physical address: 17679 State Highway 96, Rockport, IL
• Improved with a 1-story bungalow style home
  • 2 bedrooms and 1 bath
  • Living room, kitchen and dining room
  • City water and central AC
  • Vinyl siding and asphalt shingle roof
  • Full basement
• Very attractive property with mature landscaping and shade trees - lots of curb appeal

This tract will be sold for a lump sum, total dollar amount.
 
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