Adams County, IL Land Auction – Knuffman
Wednesday, December 28, 2022 - 11:30 am Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at
SOLD!
TRACT 1 – $7,150 PER ACRE
TOTAL – $986,128.00
Location
Adams County, Illinois
Seller
Rita A. Knuffman Trust • Seller
Rick R. Knuffman • Trustee
Managed By
Michael Sullivan (309) 333-0916
Auction Brochure
Online Bidding
Location & General Information
137.92 Taxable Acres± • 1 Tract
The Knuffman farm is located between Quincy, Liberty & Payson, IL near the small town of Adams, IL. The farm is further described as being located in Section 36, T2S - R7W, Burton Township, Adams County, IL. This tract represents a combination of productive, tillable farmland and mature timber & draws which represent excellent whitetail deer & other wildlife habitat. Make sure to check out this neat farm in a great neighborhood!
Tract Information
137.92 Taxable Acres± • 1 Tract
- FSA figures should indicate approx. 81 acres of cropland - the majority of this is in row crop production with some smaller fields in grass and/or hay production
- Productivity Index (PI): 116.6 (Tillable Portion)
- Productive soil types include Clarksdale, Downsouth, Keomah, Emery, Bunkum, Timewell, Keswick, Winfield & Wakeland
- The balance of this tract represents mature timber & draws which offer excellent whitetail deer & other wildlife habitat.
- There are several areas for potential food plot placement for whitetail deer hunting
- This parcel also offers potential building sites
- Access is along the north side by N 703rd Lane (Hard Surface) & along the west side by E 1800th St.
Method & Terms
The Knuffman farm will be sold on a price per acre basis, based on 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 Thursday, February 9, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing. The properties sell free and clear of tenancy for 2023 and 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, LLC pertaining to this property. Real estate is being sold “AS IS”.