Auction Results

Land Auction – 246.27 Surveyed Acres – 1 Tract – Henderson County, IL (Deer Crest)

Land Auction – 246.27 Surveyed Acres – 1 Tract – Henderson County, IL (Deer Crest)

Friday, October 16, 2020 10:00 am

Auction Location:

Roseville Community Center, 265 West Penn Ave. (Route 116) , Roseville IL

Seller:

Deer Crest Farms Land Trust - Erma Smallwood Estate

Sold At Auction:

$8,000 Per Acre

 

LAND AUCTION

246.27 SURVEYED ACRES – 1 TRACT

HENDERSON COUNTY, ILLINOIS

AUCTION VENUE: Roseville Community Center Gymnasium,

265 West Penn Ave. Roseville, Illinois 61473

FRIDAY, OCTOBER 16, 2020

AT 10 A.M.

*240 ACRES OF PRODUCTIVE CROPLAND*

 

FARM LOCATION: The Deer Crest Farm consists of 246.27 surveyed acres selling in 1 tract located 3 miles East of Biggsville, IL on Route 34 in the South Half of Section 13, Biggsville Township (T.10N.-R.4W.), Henderson County, IL. The land is located on the Henderson-Warren County line 9 miles west of Monmouth, IL or 20 miles east of Burlington, Iowa on Route 34.

DESCRIPTION: The farm lies level to gently rolling and presently consists of 240.04 FSA tillable acres. The primary soil types of the cropland are Muscatune, Osco, Fayette and Rozetta silt loams with a Productivity Index Rating of 132.7. There are currently 7.60 acres of the cropland enrolled in CRP at a rental rate of $202.00 per acre. The CRP contract expires 9/30/2029. The non-tillable land includes grass and timbered waterways. The farm is bisected by the BNSF Railroad Right-of Way. The access to the north tillable fields is from a private road on the farm to a railroad crossing. 2019 Taxes: $31.12 per acre.

AUCTION NOTE: This auction offers and excellent opportunity to farm operators and investors to acquire a larger tract of well-located productive farmland! 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 on or before November 16, 2020. Possession will be given at the closing subject to the rights of the present tenant to harvest the 2020 crop. Title insurance will be provided. The 2020 real estate taxes payable in 2021 will be paid by the sellers. All statements and representations herein are believed to be correct, however, the sellers 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 full listing is available online @ www.vanadkisson.com and www.biddersandbuyers.com

 

DEER CREST FARMS LAND TRUST

THE ERMA SMALLWOOD ESTATE

Susan Schilson, Mary Ann Armstrong & John Smallwood, Co-Trustees

Attorney: Trygve Meade – Meade Law Office, P.C.

175A South Main St., Canton, IL 61520 – Ph. 309/647-6301

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

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com