Auction Information
Online Bidding SiteADAMS COUNTY, IL LAND AUCTION - ERWIN
ADAMS COUNTY, IL LAND AUCTION - ERWIN
Tuesday, November 19, 2024 - 1:00 PM Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
LOCATION
Adams County, Illinois
The Erwin farm is located on County Road 2600 North approximately 5.5 miles northeast of Golden, IL (or 12.7 miles southeast of Bowen, 12.6 miles northeast of Camp Point, or 34.9 miles northeast of Quincy, IL). The land is further described as being located in Section 22, T2N-R5W, Northeast Township, Adams County, Illinois.
SELLER
Julie A. Erwin
Known Locally as the Gay Gunn Farm
MANAGED BY
Louie Zinn (319) 795-2314
Michael Sullivan (309) 333-0916
GENERAL INFORMATION
66.5 taxable acres 1 tract
This farm contains 66.5 taxable acres. The farm represents highly productive tillable farmland and income producing CRP. Farmers and i...
This farm contains 66.5 taxable acres. The farm represents highly productive tillable farmland and income producing CRP. Farmers and investors, be sure to check out this quality investment farm.
TRACT INFORMATION
66.5 taxable acres
FSA records indicate 30.48 acres of cropland currently in row crop production
The soil Productivity Index (PI) on the tillable acres is 137.6 (CLASS A)
PI on the entire farm is 121.2
31.21 acres in Conservation Reserve Program paying $5,763 annually ($184.64/ac), expires 9/30/2028
Access is along the south side by County Road 2600 North
METHOD & TERMS
The Erwin farm will be sold on a price per acre basis, based on 66.5 taxable acres.
Immediately following the auction, the successful buyer 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 take place on or before Tuesday, December 31, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Full possession will be given at closing. Open farm lease for the 2025 crop year and beyond. The new buyer will receive the 2025 CRP payment & beyond.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.
Julie A. Erwin
Known Locally as the Gay Gunn Farm
Representing Attorney:
Drew T. Erwin | Mays, Walden & Anastas
636 Hampshire St., Suite 101, Quincy, Illinois 62301 | (217) 222-1526
Auction Managers:
Louie Zinn (319) 795-2314
Michael Sullivan (309) 333-0916
Map
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