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Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-8 Photos
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-
Tract 1 - 97.96 Taxable Acres+/-

Tract 1 - 97.96 Taxable Acres+/-

Lot Closed

Auction by Sullivan Auctioneers, LLC(5362)
This item is in Loraine, IL

Similar Items

Overview of Tract 1 - 97.96 Taxable Acres+/-

Item Details

 
  • Farm will be sold by the acre based on 97.96 taxable acres
  • FSA records indicate 74.48 cropland acres
  • 30.30 acres in Conservation Reserve Program (CRP) at $106.85/acre ($3,238.00 annual payment) which expires September 30, 2030
  • 36.70 acres in CRP at $243.88/acre ($8,950.00 annual payment) which expires September 30, 2028
  • 7.48 acres currently being row crop farmed (sells subject to a cash rent tenancy for 2021 - contact auction rep for details)
  • Soil Productivity Index (PI) on the entire farm: 107.4
  • Soil types include: Wakeland, Ursa, Twomile and Rozetta.
  • Balance of the non-cropland acres is standing timber (with Thurman Creek running through it) which offers excellent hunting with Whitetail deer, wild turkey and other small game abundant.
  • The property has several older but usable machine sheds, small grain bins and older swine feeding floor.
  • Road access: At the east edge of Loraine, IL and just east of the junction of Highway 336 and N2700th Ave, take Service Road #3 south a short distance to the farm

The purchase agreement will be adjusted to a quantity of 97.96 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.

Payment

Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies.
CheckWire Transfer

Auction Details

Adams County, IL Land Auction - WittlerOnline Event, Loraine, IL, 62349Thursday, Mar 11, 2021 | 1:00 PM CST

Auction House

Sullivan Auctioneers, LLC
Sullivan Auctioneers, LLCHamilton, IL(5362)
Contact Auction House

Terms Of Sale

Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction. Buyer is responsible for reviewing auction listing prior to close of sale to inspect any changes, corrections, or additions to property information. Property is being sold as is. Announcements sale day take precedence. Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies. Sullivan Auctioneers, LLC are licensed auctioneers representing the seller(s) in this transaction. Sullivan Auctioneers, LLC reserves the right to deny registration.
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