ADAMS COUNTY, IL LAND AUCTION - IPPENSEN

Thursday, April 10, 2025 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

LOCATION


Adams County, Illinois

The Ippensen farm is located southwest of Augusta, IL on the Adams-Hancock County line and is further described as being located in Section 4, T2N - R5W, Northeast Township, Adams County, Illinois.

SELLER


Ippensen Farm

MANAGED BY


Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2314

GENERAL INFORMATION


98.2 acres • 1 tract

The farm represents productive, pattern tiled, tillable farmland which sells free & clear for the fast-approaching spring planting season!

SOLD!

TRACT 1 - $15,300.00 PER ACRE

TOTAL - $1,502,460.00

TRACT INFORMATION


  • 98.2 acres±
  • FSA records indicate 92.74 acres of cropland (85.39 NHEL acres)
  • Productivity Index (PI): 121.9
  • Soil types include Timewell, Emery, Coatsburg, Ursa, Rubio, Keller, Fishhook, Osco, and Virden
  • Pattern tiled (see tile maps)
  • Sells with open tenancy for 2025
  • Access along the north side by North 3000th Ave and along the west side by East 2700th Street

METHOD & TERMS


The Ippensen farm will be sold on a price per acre basis.

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 Friday, May 9, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due in 2025 through a credit at closing based on the most recent available information. Buyer will pay all the 2025 taxes. Possession at closing, open tenancy for 2025.

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 pertaining to this property. Real estate is being sold “AS IS”.

AERIAL TOUR


TILE MAPS


PLAT MAP


AERIAL MAP


SOIL MAP


Ippensen Farm

Title Work & Closing:

Adams County Abstract & Title Co.

231 N 6th St, Quincy, IL 62301 | (217) 222-2090

Auction Managers:

Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2314