Land Auction – 137.88 Surveyed Acres – 4 Tracts – Fulton County, IL

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Land Auction – 137.88 Surveyed Acres – 4 Tracts – Fulton County, IL

Fri, December 14, 2018

Auction Location:

Bushnell Recreation Center, 300 Miller Street, Bushnell, IL 61422

Sold @ Auction:

Tract 1 – $15,000 Per Acre

Tract 2 – $11,500 Per Acre

Tract 3 – $11,000 Per Acre

Tract 4 – $11,300 Per Acre

LAND AUCTION

137.88 SURVEYED ACRES – 4 TRACTS

FULTON COUNTY, ILLINOIS

AUCTION VENUE: Bushnell Recreation Center, 300 Miller Street, Bushnell, IL 61422

FRIDAY, DECEMBER 14, 2018

AT 10 A.M.

*PRODUCTIVE CROPLAND*

The Buchen Farms are generally located southeast of Avon, IL or northeast of Bushnell, IL in Sections 4, 9 and 16, Lee Township (T.7N.-R.1E.) Fulton County, Illinois. Tracts 1, 3 and 4 have frontage on Buchen Road between Route 9 and the Ellisville Road. Tract 2 has frontage on the Ellisville Road (Hwy.17). The farms are currently being surveyed. The parcels are mostly all tillable and feature Productivity Index Ratings from 137.8 to 141.4!

TRACT 1 – 40.96 ACRES (M/L)

Tract 1 is located 6 miles east of Bushnell on Route 9 to Buchen Road then one-half mile north in the Southwest Quarter of Section 16, Lee Township, Fulton County, IL. The prime parcel lies level to undulating and is all tillable. Primary soil types are Ipava, Sable and Greenbush silt loams with a PI rating of 141.1.

TRACT 2 – 37.80 ACRES (M/L)

Tract 2 is located 2 miles south of Avon on Route 41 to the Ellisville Road (Hwy. 17) then 1.5 miles east to the intersection of Seven Hills Road in the Northwest Quarter of Section 4, Lee Township, Fulton County, IL. The parcel lies level to gently rolling, and features 35.1 +/- tillable acres. The balance of the acreage consists of a well-maintained grass waterway. Primary soil types of the cropland are Osco and Ipava silt loams with a PI rating of 137.8.

TRACT 3 – 19.86 ACRES (M/L)

Tract 3 is located 2 miles south of Avon on Route 41 to the Ellisville Road (Hwy. 17), 2 miles east to Buchen Road then 1.5 miles south in the Northeast Quarter of Section 9, Lee Township, Fulton County, IL. The parcel lies level to undulating, and presently consists of 17.24 +/- tillable acres. The balance of the acreage is a well-maintained grass waterway. Primary soil types of the cropland are Ipava, Osco and Sable silt loams with a PI rating of 141.4.

TRACT 4 – 39.26 ACRES (M/L)

Tract 4 is located on Buchen Road, one-quarter mile south of Tract 3 or 1 mile north of Tract 1, in the North Half of the Southeast Quarter of Section 9, Lee Township, Fulton County, IL. The parcel lies level to undulating and is mostly all tillable. Primary soil types are Osco, Ipava and Greenbush silt loams with a PI rating of 139.8.

SALE PROCEDURE:  Tracts 1, 2, 3 and 4 will be sold individually in order. They will not be offered in any combination.

TERMS: Ten percent (10%) of the purchase prices to be paid down at time of sale with balances due on or before January 18, 2019. Full possession will be given at the closing. Title insurance will be provided. The 2018 real estate taxes payable in 2019 will be paid by the seller. 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.

NOTE: This auction offers an excellent opportunity to farm operators and investors interested in small tracts of highly productive farmland! Watch for the survey results online @ www.vanadkisson.com and www.biddersandbuyers.com

PHILLIP R. AND MARY J. BUCHEN TRUST

Attorney: Stephen Holland – Holland & Holland Law Office

397 West Main –  Bushnell, IL 61422 – Ph. (309)772-3178

Auctioneers: Van Adkisson, Ph. (309)337-1761 & Jeff Gregory, Ph. (309)337-5255

VAN ADKISSON AUCTION LLC

PH. 309/426-2000 – www.vanadkisson.com