Land Auction – 341.25 Acres (M/L) 5 Tracts

Sold At Auction:

Tract 1 – $4,025 Per Acre

Tract 2 – $4,850 Per Acre

Tract 3 – $5,100 Per Acre

Tract 4 – $3,200 Per Acre

Tract 5 – $3,300 Per Acre

LAND AUCTION

340.81 SURVEYED ACRES (M/L) – 5 TRACTS

WARREN & KNOX COUNTY, ILLINOIS

AUCTION LOCATION: Abingdon American Legion, 546 Route 41 South, Abingdon, IL 61410

FRIDAY, NOVEMBER 17, 2017 – 10 A.M.

 * PRODUCTIVE CROPLAND * COUNTRY HOME * BUILDING SITES *

* PASTURE * TIMBER * PONDS * EXCELLENT HUNTING & RECREATION!

 

TRACT 1 – 125.32 ACRES

The Home Farm is located at 1788 Berwick Road, Abingdon, IL 61410, 2 miles west of Abingdon on County Hwy. 23 in the Southeast Quarter of Section 36, Floyd Township (T.10N.-R.1W.), Warren County, IL. Improvements include the 1700 +/- sq. f.t one story 3 bedroom house, 27’x45’ pole building and an older barn. The structures show signs of deferred maintenance but offer many possibilities. The farm lies level to gently rolling and presently includes 69.35 +/- acres of cropland. The balance of the acreage consists of the building site, pasture, timber, pond and a seasonal stream. Additional tillable land could be acquired from the pasture/timber should the new owner desire. Primary soil types of the cropland are Rozetta, Greenbush, Hickory and Osco silt loams. Cropland PI – 109.5

 

TRACT 2 – 24.92 ACRES

Tract 2 is contiguous to the northwest boundary line of Tract 1. Tract 2 is accessed by an easement through an adjacent property located at 1228 180th St., Abingdon, IL. The secluded parcel lies level to gently rolling and features 18.97 +/- acres of cropland, timber and a pond. Primary soil types of the cropland are Rozetta and Hickory silt loams. Cropland PI – 96.9

 

 

TRACT 3 – 117.96 ACRES

Tract 3 is located 2.5 miles west of Abingdon on the Berwick Road (County 23) to 175th St. then 1.5 miles south or 3 miles north of Route 116 on 175th St. in the Southeast Quarter of Section 12, Berwick Township (T.9N.-R.1W.), Warren County, IL. The farm has road frontage on 175th Street, 100th Ave. and 180th Street. The parcel lies level to gently rolling and presently includes 87.84 +/- acres of cropland. The balance of acreage consists of mostly open pasture, a pond with picnic shelter, 44’x70’ machine shed, Butler 12,000 bu. grain bin and a drilled well. Additional tillable land could be acquired from the pasture should the new owner desire. Primary soil types of the cropland are Osco and Ipava silt loams. Cropland PI – 134.3

TRACT 4 – 32.36 ACRES

Tract 4 is contiguous to the north boundary line of Tract 3 and has frontage on both 175th and 180th Streets. The parcel lies undulating to gently rolling and features mostly open pasture, 3.77 +/- acres of cropland currently in hay and a tributary of Indian Creek. Primary soil types of the cropland are Radford and Hickory silt loams. Cropland PI – 121.7

TRACT 5 – 40.25 ACRES

Tract 5 is located 1 mile north of Abingdon, IL on Route 41 to Road 750N then 1 mile west to the corner of Roads 750N and 100E, in the Northeast Quarter of Section 30, Cedar Township (T.10N-R.1E), Knox County, IL.  The parcel lies undulating to gently rolling and features open and wooded pasture, creek and a nice pond.

SALE PROCEDURE: Tracts 1 and 2 will be offered by the Bidder’s Choice Method of Marketing wherein the successful bidder may select either one or both tracts. In the event one tract is selected, the remaining tract will then be sold. Tract 3 will be sold individually. Tracts 4 and 5 will be offered by the Bidder’s Choice Method as herein described. We invite you to inspect the property and to be prepared to purchase at the auction!

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due at closing on or before December 19, 2017. Full possession of the entire property will be given at closing. Title insurance will be provided. The 2017 real estate taxes payable in 2018 will be paid by the sellers. 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. The complete listing with maps and color photos is available online @ www.biddersandbuyers.com, www.vanadkisson.com  and may be obtained by contacting the auction firm, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.

NOTE: The full listing will be available online @ www.biddersandbuyers.com and www.vanadkisson.com or contact the auction firm for a sale brochure, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.

RICHARD E. SHUGART ESTATE

Greg Jones, Executor

Attorney: Brian A. Peterson – Simpson Peterson Law Firm

246 East Main St., Suite 201 Galesburg, IL 61401 – 309/343-6152

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com

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