Auction Results

Live & Online Land Auction – 297 Prime Acres – 2 Tracts in Warren County & 2 Tracts in Henderson County, IL

Live & Online Land Auction – 297 Prime Acres – 2 Tracts in Warren County & 2 Tracts in Henderson County, IL

Friday, November 10, 2023 10:00 am

Auction Location:

Monmouth American Legion, 1110 North 11th Street, Monmouth, IL 61462

Seller:

Diffenbaugh Family Farms

Sold at Auction:

 

Tract 1 – $22,700 per acre

Tract 2 –$22,700 per acre

Tract 3 – $15,300 per acre

Tract 4 – $15,400 per acre

 

 

LIVE AND ONLINE

LAND AUCTION

 

297.09 SURVEYED ACRES – 4 TRACTS

 

PRIME WESTERN ILLINOIS CROPLAND

 

AUCTION VENUE: Monmouth American Legion, 1110 North 11th Street, Monmouth, IL 61462

 

FRIDAY, NOV. 10, 2023

10 A.M.

 

 

CLICK HERE TO BID ONLINE

** PLEASE TAKE NOTICE **

You are required to provide a bank reference before being accepted to participate in this auction online. Please have your lender e-mail this information to adkissonauction@gmail.com.

Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 9, 2023.

 

 

 

 

The Diffenbaugh family farms feature highly productive Class A farmland!

 

 

 

 

 

 

 

 

 

TRACTS 1 & 2 – 160.82 ACRES

Tracts 1 and 2 are located 4 miles west of Monmouth, IL on Route 164 in the Southwest Quarter of Section 27, Hale Township (T.11N.-R.3W.), Warren County, IL. The land will be sold in 2 contiguous tracts by bidder’s choice and privilege. The entire farm was pattern tiled in 2012 and completed in 2014. Primary soil types are Muscatune and Sable silt loams with strong overall PI rating of 145!

 

 

 

 

 

 

 

TRACT 1 – The West 80.41 Acres. The parcel has frontage on Route 164 and 30th Street. Tract 1 lies level and is all tillable. Soil types feature Muscatune, Sable and Osco silt loams with a PI rating of 145.3.

 

 

 

 

 

 

 

TRACT 2 – The East 80.41 Acres. The parcel is located directly east of Tract 1 with frontage on Route 164. Tract 2 lies level and is all tillable with the exception of the building site which includes a metal Quonset building and several trees. The site could easily be converted to cropland should the new owner desire. Soil types feature Sable and Muscatune silt loams with a PI rating is 144.7.

 

 

 

 

 

 

 

Click here to view Tracts 1 & 2 South Section Tile Map – 2012

 

Click here to view Tracts 1 & 2 North Section Tile Map – 2014

 

 

 

 

TRACTS 3 & 4 – 136.27 ACRES

Tracts 3 and 4 are located 7 miles west of Monmouth, IL on Route 164 to Road 2100E then one-half mile south in the Northeast Quarter of Section 36, Rozetta Township (T.11N.-R.4W.), Henderson County, IL. The tracts are not contiguous and will be sold by bidder’s choice and privilege. Tile maps are available. Primary soil types are Muscatune, Osco and Rozetta silt loams.

 

 

 

 

 

 

TRACT 3 – The North 102.36 Acres. The parcel has frontage on Road 2100E and is all tillable with the exception of 2 small waterways. Tract 3 lies level to gently rolling and features Muscatune, Sable, Rozetta, Osco and Greenbush silt loams with a PI rating of 138.3.

 

 

 

 

 

 

TRACT 4 – The South 33.89 Acres. The parcel has frontage on Road 2100E and is south of but not contiguous to Tract 3. Tract 4 lies level to gently rolling and is all tillable with the exception of a small grass waterway. Primary soil types are Muscatune and Osco silt loams with a PI rating of 140.8.

 

 

 

 

 

NOTATION: Tracts 3 and 4 do not include the CRP, waterways, trees and wetlands located between the two tracts that is not being sold.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on January 5, 2024 as to Tracts 1 and 2; and January 10, 2024 as to Tracts 3 and 4. Buyers will receive possession at the closings.  Title insurance will be provided. The 2023 real estate taxes payable in 2024 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.

 

 

SALE PROCEDURE: Tracts 1 and 2 will be offered by Bidder’s Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select either one or both tracts. If one tract is selected the remaining tract will then be sold. Tracts 3 and 4 will then be offered by Bidder’s Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select either one or both tracts. If one tract is selected the remaining tract will then be sold.

 

 

NOTE: The Diffenbaugh farms have been progressively managed with field drainage tile and soil conservation practices. The auction offers an excellent opportunity to farm operators and investors interested in top quality Western Illinois cropland!

 

NOTICE: The auction will be conducted both In-Person and Online. Online bidding is powered by Proxibid. Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 9, 2023.

 

 

 

Diffenbaugh Family Farms

Flora R. Worley Trust | Samuel N. Worley Family Trust

Ann R. Diffenbaugh Trust

Attorney: Marcum A. Spears | Spears & Spears Law Office

201 West Broadway| Monmouth, IL 61462 | Ph. 309/734-5105

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

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com