Live & Online Land Auction – 98.29 Surveyed Acres in Warren County, IL
Tuesday, January 17, 2023 10:00 amAuction Location:
Monmouth American Legion, 1110 North 11th Street, Monmouth, IL 61462
Seller:
LAMPERT FAMILY TRUST
Sold at Auction:
$9,900 Per Acre
LIVE & ONLINE
LAND AUCTION
98.29 SURVEYED ACRES
WARREN COUNTY, ILLINOIS
AUCTION VENUE: Monmouth American Legion, 1110 North 11th Street, Monmouth, IL 61462
TUESDAY, JANUARY 17, 2023
AT 10 A.M.
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** Proxibid registration & approval to participate in this auction must be completed at least 2 hours prior to auction start time.
PRODUCTIVE CROPLAND
2022 YIELD RESULTS: Corn – 243.6 BPA @ 15%; Soybeans – 68.4 BPA @ 13%
FARM LOCATION: The farm is generally located ½ mile east of Route 135 on East Main Street in Little York, IL to 260th Ave. then continue east ½ mile to the farm.
PLAT LOCATION: 98.29 surveyed acres selling in 1 tract located in the Southeast Quarter of Section 21, Sumner Township (T.12N.- R.3W.), Warren County, IL.
PARCEL ID NUMBERS: 15-021-005-10 and 15-052-006-10
TAXES: $3,897.78 – $39.65 per acre
DESCRIPTION: The tract lies level to undulating and presently features 94 +/- tillable acres. Primary soil types consist of Lawson, Zook and Radford silt loams with a PI rating of 131.5. There is a small drainage ditch across the southwest corner of the farm and the north boundary is the centerline of Cedar Creek. Tile maps indicate a clay tile main and laterals were installed in 1975 and a 10” plastic main and riser were installed in 2018. FSA Data: Corn Base – 100% of cropland; PLC Yield – 155.
Click here to view Purchase Agreement
Click here to view Escrow Agreement
Click here to view Title Insurance Commitment
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 February 16, 2023. Buyer will receive full possession for the 2023 crop year at the closing. Title insurance will be provided. The 2022 real estate taxes payable in 2023 will be paid by the seller. The farm is selling with no contingences. Bidders must have financing arrangements made prior to participating in the auction. 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.
NOTICE: The auction will be conducted both In-Person and Online. Online bidding is powered by Proxibid. Join us at the auction venue or participate from your home or office. Contact the auction firm for further details.
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** Proxibid registration & approval to participate in this auction must be completed at least 2 hours prior to auction start time.