ADAMS COUNTY, IL & LEWIS COUNTY, MO LAND AUCTION - PONTIUS
Monday, February 10, 2025 - 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 & Lewis County, Missouri
Tract 1 is located approx. 5 miles northwest of Golden, IL in Section 17, T2N - R6W, Houston Township. Tract 2 is located a short distance northeast of LaPrairie, IL in Section 9, T2N - R5W, Northeast Township. Tracts 3 & 4 are located between Golden & LaPrairie in Section 28, T2N - R5W, Northeast Township. Tract 5 is located in Lewis County, MO north of Canton along the river near Fenway Landing.
SELLER
Pontius Family Farms
MANAGED BY
Michael Sullivan (309) 333-0916
Louie Zinn (319) 795-2314
Kevin Haas (309) 264-7767
GENERAL INFORMATION
204.68 acres 5 tracts
Tracts 1-4 represent productive, tillable farmland which sells free & clear for the 2025 crop year.
TRACT INFORMATION
Tract 1 - 60 acres
FSA figures indicate 56.03 acres of NHEL cropland currently in row crop production
Productivity Index (PI): 121 (tillable acres)
Soil types include Keomah, Clarksdale, Virden, Timewell, Fishhook & Ursa
The balance of the farm is in timbered draws & a small pond in the northeast corner
Access is along the north side by County Rd 2750N & along the south side by County Rd 2700N
Tract 2 - 72 acres
FSA figures indicate 55.65 acres of cropland currently in row crop production
Productivity Index (PI): 116.6 (tillable acres)
Soil types include Clarksdale, Coatsburg, Timewell, Ipava, Keller, Rozetta, Virden & Emery
The balance of the farm represents a timbered draw which offers recreational opportunities
Access is along the north side by County Rd 2900N & along the east side by County Rd 2775E
Tract 3 - 18.29 acres
FSA figures indicate 18.39 acres of NHEL cropland currently in row crop production
Productivity Index (PI): 132.1
Soil types include Timewell, Virden, Rubio, Keller & Ipava
Access is along the north side by County Rd 2600N & along the west side by County Rd 2700E
Tract 4 - 54.3 acres
FSA figures indicate 47.69 acres of cropland currently in row crop production
Productivity Index (PI): 111.3 (tillable acres)
Soil types include Coatsburg, Keller, Timewell, Lawson & Osco
The balance of the farm is waterways
Access is along the west side by County Rd 2700E
Tract 5 - .09 acre Mississippi River Lot
Mississippi River lot located just north of Fenway Landing (north of Canton, MO)
REAL ESTATE TAX INFORMATION
Tract 1
PIN 04-0-0164-003-00 - 60A - $1508.40
Tract 2
PIN 02-0-0083-000-00 - 72A - $1514.74
Tract 3
PIN 02-0-0273-000-00 - 18.29A - $551.80
Tract 4
PIN 02-0-0273-002-00 - 54.3A - $1240.84
Tract 5
PIN 06-63-00081.00 - .09A - $9.59
METHOD & TERMS
Tracts 1-4 will sell on a per acre basis and will be offered through the marketing method of Buyers Choice, whereas the high bidder can purchase (in any order) any or all 4 tracts for their high bid. Buyers Choice auctioning will continue until all 4 tracts have been elected. Following the sale of tracts 1-4, tract 5 will sell for a lump sum or total dollar amount. The tracts will NOT be offered together or in any combination at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Monday, March 10, 2025.
The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Buyer will pay the 2025 real estate taxes. Buyer(s) will receive possession at closing. The farms sell free & clear for the 2025 crop year.
Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.
All announcements sale day shall take precedence over any 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 the property. The real estate and improvements are being sold AS IS.
Pontius Family Farms
Representing Attorney:
Timothy W. Kirk, Shareholder | Heyl, Royster, Voelker & Allen, P.C.
300 Hamilton Boulevard, Peoria, Illinois 61601 | (309) 677-9519
Auction Managers:
Michael Sullivan (309) 333-0916
Louie Zinn (319) 795-2314
Kevin Haas (309) 264-7767