I almost said it was a South Bend at first glance, but I'm very much doubting that. It is more than likely a production rod of some sort as the nodes just above the grip are not staggered. The grip appears to be rolled cork, which could just be the patina, the lens, or more than likely my eyes. If it is rolled cork (vs cut rings) it might be an older production rod. That won't help the value any. Without markings, or provenance, it would be a hard sell any way around.
What you might want to do is look into finding someone to restore it. Of course, check references before sending it off to cousin Bobby to throw some embroidery thread and plastic epoxy on it. There are a few very good rod builders/restorers in the state.
What you do have is a three piece/ one tip rod that looks to have all equal length section (none of them have broke and been repaired) and is decently straight.
The grip still has me stumped, tho. The reel seat looks '40's or '50's but the grip looks '20's or earlier. Unless it isn't cork at all and is foam or some other synthetic.
Sorry to be so vague but there isn't a lot to go on. For all I know, someone made it fifteen years ago in their hobby shop and didn't take care of it.