Adams & Hancock County, IL Land - Voth/Peikett

Adams & Hancock County, IL Land - Voth/Peikett

Monday, March 8, 2021  |  10:00 AM Central
Auction closed.
Adams & Hancock County, IL Land - Voth/Peikett

Adams & Hancock County, IL Land - Voth/Peikett

Monday, March 8, 2021  |  10:00 AM Central
Auction closed.
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Description

442.96 Acres+/- • 7 Tracts

Make plans to check out this Adams & Hancock County, Illinois land auction.

Adams County farms are located near the small village of Plainville, Illinois which is located approximately 15 miles southeast of Quincy, Illinois via Hwy. 96. Tract 1 is located in the southeast quarter of Section 21 of Richfield Township with Tracts 2 – 6 being located in Sections 22 & 27 of Payson Township. Be watching for presale directional signs at the west edge of Plainville, Illinois. Tracts 1, 2 & 3 represent productive tillable farmland. Tracts 4 & 5 are both country homes with acreage. Tract 6 is pasture and will include a late model grain storage facility.

Tract 7 will be the Hancock County, Illinois farm that is co owned with Mr. Rick Peikett. The farm is located south of Warsaw, Illinois near the bluff of the Mississippi River. Tract 7 is further described as being located in Section 26 of Rocky Run Township. Although this tract has tillable acres, the tillable portion has not been farmed in the past few years. This farm represents...
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Method and Terms

Lot # 0 (Sale Order: 1 of 8)      


This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-7

Tracts 1 & 7 will sell based on the taxable acres. Tracts 2 - 6 will be surveyed. Tracts 1, 2 & 3 will be sold on a price per acre basis and will be auctioned first through the marketing method of Buyer's Choice, whereas the high bidder can elect (in any order) any or all 3 tracts for their high bid.  Buyer's Choice auctioning will continue until Tracts 1, 2 & 3 have been elected. We will then sell Tracts 4 & 5 each individually and for a LUMP SUM or total dollar amount and not on a price per acre basis. We will then sell Tract 6 and then Tract 7 individually, both on a price per acre basis. The tracts will NOT be offered in any type of combinations.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay a non refundable ten percent (10%) down payment. The balance of the bid price will be due at closing, which will take place in approx. 45 days, on or before Friday, April 23, 2021. Please note: Buyers who wish to get started with spring tillage and planting can close earlier if they would like. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, and inspection. The sellers will provide title insurance in the full amount of the purchase price. The 2020 real estate taxes, due and payable in 2021 will be paid by the seller and the new buyer will pay the 2021 and all subsequent real estate taxes. The tracts sell free of tenancy for the 2021 crop year and full possession will be given at the time of closing. Tract 5 sells subject to rights of residential tenant in possession per most recent Illinois COVID disaster proclamation dated February 5, 2021, and as may be extended by governor's proclamation. Buyer of Tract 5 may negotiate an ongoing lease arrangement with current residential tenant if desired. Alternatively, the seller will make arrangements (at sellers expense) to secure for buyer full access to Tract 5 free of residential tenant's rights as soon as practical. Seller agrees to postpone closing date on Tract 5 if necessary to secure buyer full access rights. Parties can contact William Siebers (attorney for estate) with any questions regarding this COVID related issue at (217) 214-1909.

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 our maps, photographs, drone video footage, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate and all improvements are being sold "As Is".

CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY

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 4 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 6 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 7 PURCHASE AGREEMENT & TITLE COMMITMENT


Douglas E. Voth Estate
Seller of Tracts 1-6

Great Rivers Bank, Administrator
694 Bainbridge St, Barry, IL 62312

Douglas E. Voth Estate & Rick Peikett
Seller of Tract 7

Representing Attorney:

William L. Siebers
Scholz, Loos, Palmer, Siebers & Duesterhaus, LLP
625 Vermont
Quincy, IL 62301
(217) 223-3444

Auction Managers:
John Borrowman (217) 430-0645
Joe Sullivan (844) 847-2161


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PASSED

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This lot was not sold.

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Reserve Not Met

Tract 1 - 158.14 Taxable Acres+/-

Lot # 1 (Sale Order: 2 of 8)      

Quantity: 158

 
  • FSA figures should indicate 124.08 total cropland acres.
  • 6.79 acres in Conservation Reserve Program (CRP) with annual payment of $835 ($122.97/acre), expires in 9-30-28.
  • Soil Crop Productivity Index (PI): 107.9 on tillable acres.
  • Soil types include Clarksdale, Bunkum and Winfield
  • Balance of the non cropland acres are wooded draws which offers excellent hunting and outdoor recreational opportunities.
  • Public road access along the south by County Road (CR) N200th Ave and along the east side by CR 2200E.

The purchase agreement will be adjusted to a quantity of 158.14 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 6,500.00
$6,500.00 x 158 = $1,027,000.00
Total Bid: USD 1,027,000.00

You've been outbid  to G****t! to YOU!

Placing your bid. please wait...

$6,500.00 x 158 = $1,027,000.00 Total

Tract 2 - 62.36 Surveyed Acres

Lot # 2 (Sale Order: 3 of 8)      

Quantity: 62

 
  • FSA figures should indicate 57.06 total cropland acres.
  • Soil Crop Productivity Index (PI): 128.6 on tillable acres.
  • Soil types include Wakenda, Downsouth and Bunkum
  • Public road access along the south by CR N200th Ave.

The purchase agreement will be adjusted to a quantity of 62.36 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 14,500.00
$14,500.00 x 62 = $899,000.00
Total Bid: USD 899,000.00

You've been outbid  to b****3! to YOU!

Placing your bid. please wait...

$14,500.00 x 62 = $899,000.00 Total

Tract 3 - 137.24 Surveyed Acres

Lot # 3 (Sale Order: 4 of 8)      

Quantity: 137

 
  • FSA figures should indicate 125.31 total cropland acres.
  • Soil Crop Productivity Index (PI): 129.7 on tillable acres.
  • Soil types include Downsouth, Bethalto and Menfro
  • Public road access along the north by CR N200th Ave.

The purchase agreement will be adjusted to a quantity of 137.24 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 14,500.00
$14,500.00 x 137 = $1,986,500.00
Total Bid: USD 1,986,500.00

You've been outbid  to b****3! to YOU!

Placing your bid. please wait...

$14,500.00 x 137 = $1,986,500.00 Total

Tract 4 - Home & 6.19 Surveyed Acres

Lot # 4 (Sale Order: 5 of 8)      

 
  • Improved with an 1-1/2 story country home with 8 rooms including 2-bedrooms, kitchen, living room, office, finished loft and attached 2-car garage. The home has vinyl siding, natural gas and wood burning furnace and central AC.
  • Tract 4 is also improved with a 32' x 55' unfinished 1 story house with a 2 car garage in the basement.
  • Public road access along the south by CR N200th Ave.
  • To view the home contact auction rep.

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

You've been outbid!

Sold for: USD 85,000.00

You've been outbid  to l****4! to YOU!

Placing your bid. please wait...

Tract 5 - Home & 12.41 Surveyed Acres

Lot # 5 (Sale Order: 6 of 8)      

 
  • FSA figures should indicate 5.74 total cropland acres.
  • Improved with a 1-1/2 story, 11-room country home with 4-bedrooms, 2-baths, kitchen, dinning room and large detached 2 car garage. Other features: natural gas furnace with central AC, newer high efficiency replacement windows, and appliances stay with the home.
  • The property is also improved with several outbuildings including a barn.
  • Public road access along the south by CR N200th Ave.
  • To view the home contact auction rep.

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

You've been outbid!

Sold for: USD 102,000.00

You've been outbid  to B****5! to YOU!

Placing your bid. please wait...

Tract 6 - 21.52 Surveyed Acres

Lot # 6 (Sale Order: 7 of 8)      

Quantity: 22

 
  • Beautiful open and fenced pastureland.
  • Improved with 3 grain bins:
  • Newer GSI 16,000 bu. steel grain bin with air and heat.
  • GSI 10,000 bu. grain bin
  • 7500 bu. grain bin
  • Also improved with a 36' x 54' machine shed and other older storage barns
  • Public road access along the north by CR N200th Ave.

The purchase agreement will be adjusted to a quantity of 21.52 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 8,100.00
$8,100.00 x 22 = $178,200.00
Total Bid: USD 178,200.00

You've been outbid  to t****f! to YOU!

Placing your bid. please wait...

$8,100.00 x 22 = $178,200.00 Total

Tract 7 - 45.1 Taxable Acres+/-

Lot # 7 (Sale Order: 8 of 8)      

Quantity: 45

 
  • FSA figures should indicate 27.13 total cropland acres.
  • Soil Crop Productivity Index (PI): 96 on tillable acres.
  • Soil types include Seaton-Hickory and Stookey
  • Balance of the acres is wooded which offers outstanding hunting and outdoor recreational opportunities. This farm has consistently produced trophy whitetail deer, and also has wild turkey and small game.
  • Tremendous opportunity to own a small farm which offers tillable acres, outdoor recreational acres, a nice pond and is secluded but easily accessible.
  • Public road access along the east CR N550.
  • There is electric power service at the property and public water in close proximity to the property. 

The purchase agreement will be adjusted to a quantity of 45.1 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 4,450.00
$4,450.00 x 45 = $200,250.00
Total Bid: USD 200,250.00

You've been outbid  to d****l! to YOU!

Placing your bid. please wait...

$4,450.00 x 45 = $200,250.00 Total
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