HANCOCK COUNTY, IL LAND AUCTION - ADAIR

Thursday, April 18, 2024 - 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


Hancock County, Illinois

The land is located approximately 1.5 miles south of Niota, IL (just across the Mississippi River from Ft. Madison, IA) and is further described as being located in Section 15, T7N-R8W, Appanoose Township, Hancock County, Illinois.

Physical Address: 2731 North County Road 1030 East, Niota, Illinois 62358 (PIN 02-15-000-241)

SELLER


Teresa L. Adair Estate

Yvonna Massie & Shelly Jung, Co-Executors

MANAGED BY


Dan Sullivan (319) 795-1833

Jim Sullivan (217) 440-8172

GENERAL INFORMATION


13.19 taxable acres± with log cabin • 1 tract

This beautiful wooded property is improved with a quality built log cabin, fireplace, 2-car garage plus much more! Other improvements include a very nice building with concrete floor. You must see this property to appreciate it!

OPEN HOUSE


Saturday, April 6, 2024 • 11:00 AM - 1:00 PM (or by appointment)

There is still time for a private showing of the property!

Contact Jim Sullivan at (217) 440-8172

BIDDING NOW OPEN!

TRACT INFORMATION


  • Property consists of approximately 9 acres of beautiful timber and approximately 4 acres open land which could be used for 4-H projects, horses, food plots, orchard, etc.. The property has a beautiful picturesque setting!
  • Improvements include a quality well built log cabin with attached 2-car garage built in 1986.
  • 1650 sq ft on main level with an addiational 700 sq ft in the "loft".
  • Large kitchen with solid surface counters, built in stove, built in microwave, stainless steel refrigerator and gas cooktop, dinning room, 1 bedrooom, 1 bath, great room with fireplace, vaulted ceiling and panoramic views, large loft, 8' x 38' front porch & 10' x 38' screened in back porch.
  • Rural public water
  • Nicor gas
  • WIEC electric
  • Gas hot water heater
  • AO Smith water softener
  • 200 amp electric service
  • Geothermal heat/AC
  • Attached 30' x 34' finished garage with (2) 9' x 7' overhead doors
  • Crawl space
  • Home is situated approximately 500 feet from a hard surfaced road down a secluded drive way
  • Property is also improved with a VERY NICE 30' x 40' x 14' wood frame building with vinyl siding, metal roof, 36" walk door, 9' x 8' overhead door, finished interior and concrete floor

METHOD & TERMS


The Adair property will be sold for a “lump sum” total dollar amount.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay fifteen percent (15%) 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, May 28, 2024.

The seller will provide title insurance in the full amount of the purchase price. Real Estate taxes will be prorated to the date of closing. Possession will be given at closing.

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”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


Teresa L. Adair Estate

Yvonna Massie & Shelly Jung, Co-Executors

Representing Attorney:

Mariah M. Wallace | Capps, Ancelet, Icenogle & Wallace

55 S Adams St, Carthage, IL 62321 | (217) 357-2107

Auction Managers:

Dan Sullivan (319) 795-1833

Jim Sullivan (217) 440-8172