Auction Results

SOLD @ AUCTION:

TRACT 1 – $9,600 PER ACRE

TRACT 2 – $9,050 PER ACRE

TRACT 3 – $7,650 PER ACRE

TRACT 4 – $7,250 PER ACRE

LAND AUCTION

331.18 SURVEYED ACRES – 4 CONTIGUOUS TRACTS

PT. PLEASANT TOWNSHIP – WARREN COUNTY, IL

Tuesday, January 31, 2017 – 10 A.M.

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

CLASS A MUSCATUNE & OSCO SILT LOAM SOILS!

FARM LOCATION: The Spurgeon Farm is located 7 miles South of Roseville, IL or 11 miles North of Macomb, IL on Route 67 to the Warren-McDonough County Line (1^st Ave.) then 2 miles West in the South Half of Section 34, Point Pleasant Township (T.8N.-R.3W.), Warren County, Illinois, containing 331.18 surveyed acres.

TRACT 1- 82.795 ACRES

Tract 1 is the Northwest portion of the farm and is located in the North Half of the Southwest Quarter of Section 34 in Point Pleasant Township with frontage on 30^th Street. The parcel lies level to undulating and is all tillable with the exception of a grass waterway. PI – 141.2

TRACT 2 – 82.795 ACRES

Tract 2 is the Northeast portion of the farm and is located in the North Half of the Southeast Quarter of Section 34 in Point Pleasant Township with frontage on 40^th Street. The parcel lies level to undulating and is all tillable with the exception of a grass waterway. PI – 139.6

TRACT 3 – 82.795 ACRES

Tract 3 is the Southeast portion of the farm and is located in the South Half of the Southeast Quarter of Section 34 in Point Pleasant Township with frontage on 1^st Ave. and 40^th Street. The parcel lies level to gently rolling and is all tillable with the exception of 7 acres +/- that includes grass waterways and a small stream. PI – 135.8

TRACT 4 – 82.795 ACRES

Tract 4 is the Southwest portion of the farm and is located in the South Half of the Southwest Quarter of Section 34 in Point Pleasant Township with frontage on 1^st Ave. and 30^th Street. The parcel lies level to gently rolling and is all tillable with the exception of 8 acres +/- that consists of the building site, grass waterways and a small stream. The building site includes 5 grain bins, an older house and outbuildings. PI – 137.1

NOTE: This is an outstanding offering of highly productive Class A Western Illinois farmland!

The farm has been enrolled in the Capital Point Wind Energy Project offering the potential for additional income. We invite your inspection of the property at any time.

SALE PROCEDURE: The tracts have been recently surveyed and will be offered by the Bidder’s Choice Method of Marketing wherein the successful bidder in the first session may select any individual tract, any combination of tracts or all 4 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 have been sold.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 1, 2017. Full possession for the 2017 farming season will be given at the closing. Title insurance will be provided. The 2016 real estate taxes payable in 2017 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. The complete listing with maps and color photos is available online @ www.biddersandbuyers.com, www.vanadkisson.com For further information contact the auctioneers: Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.

SPURGEON FAMILY TRUST

John D. Spurgeon, Trustee

Attorney: James D. Blake – Blake Law Office

250 East Main St. –  Galesburg, IL 61401 – 309/343-3155

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com