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Land/Real Estate

Ernest & Leona Yoder

By April 12, 2024May 13th, 2024No Comments

Virtual Online Auction
Sale Date:
Monday, May 13, 2024
Sale Time: 10:00 AM CDT
Sellers: Ernest & Leona Yoder

Approximately 127.89 surveyed acres located in Sections 5 & 16, Concord Township, Adams County, IL (4 miles southeast of Camp Point, IL or 12 miles west of Mt. Sterling, IL).

Mark your calendars now for this fast approaching Adams County, IL Land Auction.

Tract 1 offers productive tillable farmland with productive Timewell & Virden soils and has a PI Rating of 134.8. This parcel has had several years of manure management and the utilization of cover crop which only adds to the fertility of the tract. This tract is improved with pattern field drainage tile.

Tract 2 offers (2) 700 head swine finishing buildings that is currently under a Maschhoff Farms contract with a potential contract extension. This tract also features productive tillable cropland that is currently in hay production and a small amount of recreational acreage.

Tract 3 offers productive tillable farmland and awesome hunting/recreational acreage.

This is an auction that you will not want to miss!

Representing Attorney:
John B. Leonard
132 E. Main Street
Mt. Sterling, IL 62353
(217) 773-3814

Auction Managers:
Jim Huff (319) 931-9292
IL RE Broker Lic. #471.021870

Joey Croy (217) 617-0109
IL RE Broker Lic. #475211393

SOLD!

TRACT 1: $19,200 / Acre 
TRACT 2: $140,000 LUMP SUM 
TRACT 3 $7,450/ Acre 

TOTAL: $1,724,968.00

VIEW AUCTION BROCHURECLICK HERE FOR ONLINE BIDDING & EARLY REGISTRATION

LOCATION

The Yoder Farm is located in Sections 5 & 16, Concord Township, Adams County, IL (4 miles southeast of Camp Point, IL or 12 miles west of Mt. Sterling, IL). From Camp Point, IL go east 2½ miles on U.S. Hwy. 24 to E 2600th St., turn right or south and proceed 1 mile to Co. Rd. 1800 N. Turn left or east and go a ½ mile to E 2650th St., turn right or south and proceed a ½ mile to Tract 1. To access Tract 2 proceed south on E 2650th St. and follow directional signs to the tract.

AERIAL VIDEO

TRACT INFORMATION

Tract 1 • 64.36 Surveyed Acres

  • FSA information indicates approximately 63.74 acres of tillable cropland, currently in row crop production.
  • Highly productive Timewell & Virden soils.
  • CPI rating is 134.8.
  • This tract is improved with pattern drainage tile.
  • Access is on the west by E 2650th St. & on the south by Co. Rd. 1720 N.

Tract 2 • 16.65 Surveyed Acres

  • FSA information indicates approximately 8.71 acres of tillable cropland, currently in hay production. The balance of the tract is in a swine production facility and wooded draw. PLEASE NOTE: Due to the timely rains, the hay is ready to be cut. The seller will be cutting the hay prior to the auction and retaining the bales.
  • Keomah & Rozetta soils.
  • CPI rating is 102.7.
  • This tract is nicely improved with (2) 40ft. x 150ft. 700 head swine finishing buildings, (4) 12 ton bulk bins  and a lagoon manure handling system. The buildings are currently under a Maschhoff Farms production contract with the potential contract extension. PLEASE NOTE: This contract does expire in July after the pigs that are in the buildings now are marketed. If you have interest in inquiring about the Maschhoff contract, please contact us as there is a pre-qualification process.
  • Access is on the east by E 2800 Place.

Tract 3 • 46.88 Surveyed Acres

  • FSA information indicates approximately 16.98 acres of tillable cropland, currently in row crop production. The balance of the tract includes wooded draws and open meadows offering awesome hunting & recreational acreage.
  • Keomah & Hickory soils.
  • CPI rating is 88.6.
  • This tract is improved with a small amount of terraces that include drainage tile inlets.
  • Access is on the north by Co. Rd. 1600 N & on the east by E 2800 Place.

METHOD

The Yoder farm will be sold in 3 individual tracts based on a survey that is currently in progress. Tract 1 will be sold first on a price per acre basis. Tract 2 will be sold next for a lump sum total dollar amount. Tract 3 will be sold last on a price per acre basis.  The tracts will NOT be offered in their entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection.

TERMS

Immediately following the auction, the winning bidder(s) 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 to Adams County Abstract & Title Co., which will hold the money in escrow until closing. Said signing of the real estate sales contracts will be done via DocuSign or via email.

The balance of the purchase price will be due at closing which will take place in approximately 30 days on or before June 13, 2024 at Adams County Abstract & Title Co. Full possession will be given at the time of closing. Please note: The tillable acres on Tracts 1 & 3 will be planted prior to the auction. Tract 1 will be planted to beans, Tract 3 will be planted to corn. Buyer(s) will inherit 100% of the crop at the time of closing and reimburse the seller for any input costs at the time of closing. Said input cost will be available prior to the auction. Complete details please contact the auction company.

The 2023 real estate taxes will be paid by the seller. The 2024 & all subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller.

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

AERIAL MAPS

SOIL MAPS

TRACT 1 PHOTOS

TRACT 2 PHOTOS

TRACT 3 PHOTOS