Land Auction – 261.82 Surveyed Acres – 4 Tracts – Mercer County, IL

Sold At Auction:

Tract 1 – $4,400 Per Acre

Tract 2 – $4,400 Per Acre

Tract 3 – $3,600 Per Acre

Tract 4 – $5,050 Per Acre

LAND AUCTION

261.82 SURVEYED ACRES – 4 TRACTS

Mercer County, Illinois

AUCTION VENUE: Viola Community Center, 1703 14th St., Viola, IL 61486

SATURDAY, MARCH 16, 2019 – 10 A.M.

CROPLAND – CRP – PASTURE – TIMBER – STREAMS – PREMIER HUNTING

30 MINUTES SOUTH OF THE QUAD CITIES!


PROPERTY LOCATION: 650 – 300TH St., New Windsor, IL 61465, 1.5 miles south of Viola, IL on Route 67 to 75th Ave., 4 miles east to 300th St. then ½ mile south or 4 miles east of Viola, IL on Route 17 to 305th St., 2¼  miles south to 75th Ave., ½ mile west to 300th St. then ½ mile south.

DESCRIPTION: 261.82 surveyed acres, to be offered in 4 contiguous tracts located in Section 32, Rivoli Township (T.14N.-R.1W.), Mercer County, IL. The property features 176.95 acres of FSA cropland including 63.26 CRP acres with an annual rental rate of $251.08 per acre expiring 09-30-2027. The balance of the acreage consists of pasture, timber and creeks providing excellent hunting and recreation. Access to Tracts 1, 2 and 3 will be provided by a legal easement on an existing interior roadway running west from 300th Street near the northeast corner of the farm. Tracts 1, 3 and 4 have frontage on 300th Street.

TRACT 1 – 82.01 ACRES

Tract 1 is the north parcel of the farm with access from 300th Street and the interior roadway. The property lies level to rolling and presently consists of 36.44 acres in cropland and 12.33 acres in CRP. The balance of the acreage includes pasture, timber, creek and an older set of farm buildings. Primary soil types of the cropland are Clarksdale, Elco-Atlas, Greenbush, Fayette, Sylvan, Hickory and Rozetta silt loams with a PI rating of 98.6.

TRACT 2 – 98.72 ACRES

Tract 2 is the west central parcel of the farm with access from the interior roadway. The property lies level to rolling and presently consists of 27.24 NHEL acres in cropland and 50.93 acres in CRP. Some tile has been recently installed in the cropland field. The balance of the acreage includes timber, waterways and seasonal streams. Primary soil types of the cropland are Fayette, Clarksdale, Sylvan, Ipava and Hickory silt loams with a PI rating of 114.

 

TRACT 3 – 47.78 ACRES

Tract 3 is located south of Tract 1 and east of Tract with frontage on 300th Street and the interior roadway. There are 22.37 acres of cropland that is currently in pasture and grassland. The balance of the acreage consists of mature timber and creek. Primary soil types of the cropland are Hickory, Greenbush and Clarksdale silt loams with a PI rating of 83.2.

TRACT 4 – 33.31 ACRES

Tract 4 is the southeast parcel of the farm with frontage on 300th Street. The tract lies level to gently rolling and presently consists of 27.64 NHEL cropland acres. Primary soil types of the cropland are highly productive bottom land soils Radford and Sawmill silt loams with a PI rating of 136.1. The balance of the acreage is timber located on the north and west sides of the acreage.

SALE PROCEDURE: Tracts 1, 2, 3 and 4 will be offered by the Bidder’s Choice Method of Marketing wherein the high bidder in the first session may select any individual tract, and combination of tracts or all four tracts. In the event less than all four tracts are selected in the first session, the remaining tracts will be offered by the same method until all have been sold.

TERMS: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due on or before April 16, 2019. Full possession will be given at the closing. Title insurance will be provided. The 2018 real estate taxes payable in 2019 will be paid by the seller. All statements and representations herein are believed to be correct, however, the seller and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold. View the full listing online @ www.vanadkisson.com and www.biddersandbuyers.com

 


BELL FAMILY FARM LLLP

Attorneys: Anderson, Roberts, Porth, Wallace & Stewart LLP

524 N. Main, Burlington, IA 52601 – Ph. (319)754-7585

 

Auctioneers: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255

VAN ADKISSON AUCTION LLC

Ph. 309/426-2000 – www.vanadkisson.com

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