Roseville Community Center, 265 West Penn Ave., Roseville, IL 61473
PHYLLIS A. KETTERING ESTATE
Tract 1 – $19,500 per acre
Tract 2 – $20,200 per acre
Tract 3 – $20,200 per acre
Tract 4 – $17,400 per acre
Tract 5 – $1,000 per acre
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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 email@example.com.
Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 14, 2023
The Kettering Farms are generally located 5 miles south of Monmouth, IL on Route 67 to 130th Ave. then 3 miles west or 5 miles SE of Kirkwood in Sections 27 and 35, Tompkins Township, (T.10N.-R.3W.) Warren County, IL. The 5 tracts consist of 245.39 surveyed acres and will be offered by bidder’s choice and privilege.
TRACT 1 – 68.07 ACRES (M/L)
Tract 1 is located 2 miles south of Kirkwood on 20th Street to 140th Ave. then 1.5 miles east in the West Half of the Northeast Quarter of Section 27, Tompkins Township, Warren County, IL. The parcel lies level and is 100% tillable. Predominant soil type is highly productive Sable silt loam with a 143 PI rating.
TRACT 2 – 114.14 ACRES (M/L)
Tract 2 is located 5 miles south of Monmouth on Route 67 to 130th Ave. (Larchland corner) then 3 miles west. The parcel has frontage on 130th Ave. and 45th Street in the West Half of Section 35, Tompkins Township, Warren County, IL. Tract 2 lies level to undulating and is 100% tillable. Primary soil types are highly productive Sable, Muscatune and Osco silt loams with a 143.3 PI rating. Tract 2 has an extensive pattern tile system installed in 2018.
TRACT 3 – 39.27 ACRES (M/L)
Tract 3 is located south of Tract 2 along 45th Street in the West Half of Section 35, Tompkins Township, Warren County, IL. The parcel lies level to undulating and is 100% tillable. Primary soil types are highly productive Muscatune and Osco silt loams with a 143 PI rating.
TRACT 4 – 22.93 ACRES (M/L)
Tract 4 is located west of Tract 3 with frontage along 40th Street in the West Half of Section 35, Tompkins Township, Warren County, IL. The parcel lies level to undulating and is 100% tillable. Primary soil types are highly productive Osco and Muscatune silt loam soils with a 138.7 PI rating.
TRACT 5 – 0.98 OF AN ACRE (M/L)
Tract 5 is located along 130th Ave. on the north side of the railroad right-of-way in the West Half of Section 35, Tompkins Township, Warren County, IL. The parcel is triangular in shape and mostly all tillable. Primary soil type is Sable silt loam with a 143 PI rating.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before December 19, 2023. Buyers will receive possession for the 2024 crop year at the closing. 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, 2, 3, 4 and 5 will be offered by Bidder’s Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select any individual tract, any combination of tracts or all five tracts. In the event that less than all of the tracts are selected in the first session, the remaining tracts will be offered by the same method until all five tracts are sold.
AUCTION NOTE: This is an outstanding offering of well-maintained Class A farmland that has been owned by the same family for several generations. The auction offers a great opportunity to farm operators and investors interested in acquiring top quality Western Illinois cropland!
SPECIAL 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. Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 14, 2023.