Real Estate Auction – 249.80 Surveyed Acres – 5 Tracts – McDonough County, IL

Sold At Auction:

Tract 1 – $11,800 Per Acre

Tract 2 – $11,800 Per Acre

Tract 3 – $10,700 Per Acre

Tract 4 – $4,800 Per Acre

Tract 5 Residence – $41,000

REAL ESTATE AUCTION

249.80 SURVEYED ACRES – 5 TRACTS  

SCIOTA TOWNSHIP, McDONOUGH COUNTY, IL

AUCTION VENUE: Macomb V.F.W. Post 1921, 1200 East Jefferson St., Macomb, IL 61455

FRIDAY, MARCH 8, 2019  

AT 10 A.M.

PRIME CROPLAND-BRICK COUNTRY HOME-PASTURE


FARM LOCATION: The Bacon Farm is located at 10963 N. 2200th Road, Good Hope, IL 61438, 8 miles North of Macomb, IL or 9 miles South of Roseville, IL on Route 67 to N. 2200th Road then 1 mile West in the North Half of  Section 14, Sciota Township (T.7N.-R.3W.) McDonough County, Illinois. The farm has frontage on N. 2200th and E. 1100th Roads. The tracts have been recently surveyed.

 

TRACTS 1, 2 & 3 – 188.72 ACRES  

Tracts 1, 2 and 3 include 188.72 contiguous acres of Class A farmland to be offered in 3 tracts by the Bidder’s Choice Method of Marketing.

 

TRACT 1: 63.00 ACRES: Tract 1 is the south parcel with frontage on E. 1100th Road. The highly productive tract lies level to undulating and is all tillable. Primary soil types are Sable, Ipava and Osco silt loams. PI rating: 140.2

TRACT 2: 63.00 ACRES: Tract 2 is north of and adjacent to Tract 1 with frontage on E. 1100th Road. The highly productive tract lies level to undulating and is all tillable. Primary soil types are Ipava, Osco and Sable silt loams. PI rating: 140.9

TRACT 3: 62.72 ACRES: Tract 3 is north of and adjacent to Tract 2 with frontage E. 1100 Road. The highly productive tract lies level to undulating and is all tillable. Primary soil types are Muscatune, Sable and Osco silt loams. PI rating: 141.6

TRACT 4 – 56.70 ACRES

Tract 4 is located directly north of Tract 3 and west of Tract 5 with frontage on N.2200th Road. The parcel lies level to gently rolling and presently includes 20 +/- acres of productive cropland with the balance consisting of good open pasture, stream and an older set of outbuildings. Several acres of the pasture could easily be converted to cropland. Primary soil types of the cropland are Ipava and Osco silt loams. The overall PI rating of the entire tract is 137.9

TRACT 5 – BRICK COUNTRY HOME ON 4.38 ACRES

10963 N. 2200th Road, Good Hope, IL 61438. Tract 5 features the one story brick residence with an attached garage. Amenities include 3 bedrooms, central air, hot water heat, full bath and basement w/ shower. The acreage consists of grass lots and an older set of outbuildings. The property is well-located within minutes of Macomb!


OPEN HOUSE: Sunday, Feb. 24th – 1 to 3 p.m.


 NOTE: This auction offers an excellent opportunity to grain and livestock farmers, investors, and country home buyers. All tracts have excellent blacktop road frontage. View the full listing online @ www.vanadkisson.com and www.biddersandbuyers.com

SALE PROCEDURE: Tracts 1, 2 and 3 will be offered by bidder’s choice wherein the high bidder has the privilege of selecting any individual tract, any combination of tracts or all 3 tracts. In the event that less than all 3 tracts are selected in the first session, the remaining tracts will be offered by the same method until all 3 tracts have been sold.

Tracts 4 and 5 will be sold individually in order.

TERMS: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due on or before April 9, 2019. Full possession for the 2019 farming season will be given at the closing on Tracts 1, 2, 3 and 4. Buyers may receive early possession of the cropland prior to the closing by signing a release of liability agreement and providing a certificate of insurance. Possession of Tract 5 (the homestead) will be given subject to the existing lease of the residence expiring on July 1, 2019. 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.


HAROLD & BEULAH BACON FAMILY FARM

Frank V. Simpson and Jason A. Simpson

Attorney: Emily S. Sutton – Lucie, Scalf, Sutton & Bougher Law Firm

202 North Lafayette St., Macomb, IL 61455 – Ph. 309/833-1702

 

Auctioneers: Van Adkisson, 309/337-1761 and Jeff Gregory, 309/337-5255

VAN ADKISSON AUCTION LLC

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

Comments are closed.