Land Auction – 141.19 Surveyed Acres – 2 Tracts – Productive Cropland – Warren County, IL

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Land Auction – 141.19 Surveyed Acres – 2 Tracts – Productive Cropland – Warren County, IL

Land Auction – 141.19 Surveyed Acres – 2 Tracts – Productive Cropland – Warren County, IL

Mon, November 23, 2020 10:00 am

Auction Location:

Roseville Community Center Gymnasium, 265 West Penn Ave., Roseville, IL 61473

Seller:

THE LINDA J. & CHARLES M. BANKS FAMILY, ET.AL.

Sold At Auction:

Tract 1 – $13,300 Per Acre

Tract 2 – $13,300 Per Acre

 

LAND AUCTION

141.19 SURVEYED ACRES – 2 TRACTS

WARREN COUNTY, ILLINOIS

AUCTION VENUE: Roseville Community Center Gymnasium, 265 West Penn Ave., Roseville, IL 61473

MONDAY, NOVEMBER 23, 2020

AT 10 A.M.

 

COVID- 19 INFORMATION: Seating will be arranged for social distancing. Masks will be required for all attendees and provided if needed. Prospective bidders who are uncomfortable in attending may contact Van Adkisson or Jeff Gregory to arrange phone bidding.

 

 

HIGHLY PRODUCTIVE CROPLAND

 

TRACT 1 – 80.92 ACRES

Farm Location: 6 miles west of Monmouth, IL on Route 34 to the Kirkwood-Smithshire Road (County Hwy. 11) then 1.5 miles south.

Plat Location: 80.92 acres +/- in the North Half of the Southwest Quarter of Section 28, Tompkins Township (T.10N.-R.3W), Warren County, IL.

Description: Tract 1 lies level to undulating and is all tillable with the exception of a small building site which could easily be converted to cropland. Primary soil types are highly productive Muscatune and Osco silt loams with a PI rating of 139.6. Taxes: $43.38 per acre.

 

 

 

TRACT 2 – 60.27 ACRES

Farm Location: 6 miles west of Monmouth, IL on Route 34 to the Kirkwood-Smithshire Road (County Hwy. 11) then 3 miles south.

Plat Location: 60.27 acres +/- described as all that part of the Northeast Quarter of Section 5 lying south of the Chicago, Sante Fe and California Railway, Ellison Township (T.9N.-R.3W.), Warren County, IL.

Description: Tract 2 lies level to undulating and is all tillable. Primary soil types are highly productive Muscatune and Osco silt loams with a PI rating of 139.7. Taxes: $46.97 per acre.

 

SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder’s choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold.

AUCTION NOTE: The tracts are exceptionally well located with frontage on a good all-weather county highway. We invite your inspection of these productive parcels!

TERMS OF SALE: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due at closing on or before December 23, 2020. Buyers will receive full possession for the 2021 crop year. 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 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.

 

CORNELIUS M. BANKS, PATRICIA J. BANKS,

CHARLES M. BANKS, KIMBERLY B. BANKS, ET. AL.

Attorney: Stephen E. Holland – Holland & Holland

397 W. Main Street – Bushnell, IL – (309)772-3178

Auctioneers: Van Adkisson 309.337.1761 and Jeff Gregory 309.337.5255

VAN ADKISSON AUCTION LLC

309.426.2000 – vanadkisson.com