Land Auction – 570.17 Surveyed Acres – 9 Tracts – Warren County, IL

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Land Auction – 570.17 Surveyed Acres – 9 Tracts – Warren County, IL

Fri, December 6, 2019

Auction Location:

Abingdon American Legion, 546 Route 41 South, Abingdon, IL 61410

Sold At Auction:

Tract 1 – $6,400 Per Acre

Tract 2 – $7,700 Per Acre

Tract 3 – $5,150 Per Acre

Tract 4 – $5,150 Per Acre

Tract 5 – $4,100 Per Acre

Tract 6 – $5,200 Per Acre

Tract 7 – $3,250 Per Acre

Tract 8 – $3,850 Per Acre

Tract 9 – $5,300 Per Acre

LAND AUCTION

570.17 SURVEYED ACRES – 9 TRACTS

WARREN COUNTY, ILLINOIS

AUCTION VENUE: Abingdon American Legion, 546 IL Route 41, Abingdon, IL 61410

FRIDAY, DECEMBER 6, 2019

AT 1 P.M.

FARM LOCATION: The Rosenberry Farm consists of 570.17 surveyed acres located in Sections 1, 2 and 12, Berwick Township (T.9N.-R.1W.), Warren County, Illinois. The property is generally located 2 miles west of Abingdon, IL on the Berwick Road (County Hwy. 23) or 4 miles north of Route 116 on 175th Street. The 9 tracts all have road frontage, are mostly contiguous and feature productive cropland, grassland, timber with mature hardwoods, premier hunting and recreation and attractive home building sites.

TRACT 1 – 102.19 ACRES: Tract 1 features 96.42 FSA cropland acres with the balance of the acreage consisting of a grass strip along the Berwick Road that provides access to the tillable field by a recently installed metal culvert. Primary soil types are Radford, Zook, Lawson and Rozetta silt loams with a 129 PI rating.

TRACT 2 – 77.02 ACRES: Tract 2 includes 76.69 FSA cropland acres with the balance of the acreage consisting of a small tree line and waterway. Primary soil types are Ipava, Osco, Assumption and Greenbush silt loams with a PI rating of 134.3.

TRACT 3 – 50.75 ACRES: Tract 3 features 33.79 FSA cropland acres with the remainder of the acreage consisting of grassland, scattered trees and a small stream. Primary soil types of the cropland are Osco, Ipava and Assumption silt loams with a PI rating of 133.4.

TRACT 4- 50.38 ACRES: Tract 4 includes 35.56 FSA cropland acres with the balance of the acreage consisting of grassland, scattered trees and a small stream. Primary soil types of the cropland are Assumption, Osco and Ipava silt loams with a 128.1 PI rating.

TRACT 5 – 60.73 ACRES: Tract 5 features 46.24 FSA cropland acres with the remainder of the acreage consisting of timber and a small stream. Primary soil types of the cropland are Elco-Atlas, Osco, Assumption and Radford silt loams with a PI rating of 115.5.

TRACT 6 – 54.03 ACRES: Tract 6 includes 37.9 FSA cropland acres with the balance of the acreage consisting of a small timber, grassland and a stream. Primary soil types of the cropland are Osco, Greenbush and Rozetta silt loams with a PI rating of 128.2.

TRACT 7 – 87.33 ACRES: Tract 7 features a very attractive timber with mature hardwoods, areas of grassland, Cedar Fork Creek and 12.33 acres of FSA cropland. The cropland consists of Lawson silt loam soil with a PI rating of 140.0. The area is well known as an abundant wildlife habitat and offers excellent hunting and recreation.

TRACT 8 – 35.86 ACRES: Tract 8 is located on the corner of the Berwick Road and 175th Street. The parcel features open rolling grassland, scattered trees, a stream, an older farm house with attached garage and several excellent building sites!

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TRACT 9 – 51.88 ACRES: Tract 9 includes 17.73 FSA cropland acres, a nice mature timber, open rolling grassland/pasture and an older house and garage. The parcel also offers attractive building sites.

SALE PROCEDURE:

FIRST SESSION: Tracts 1, 2, 3, 4, 5 and 6 will be offered by the bidder’s choice method of marketing wherein the high bidder in the first session may select any individual tract, any combination of tracts or all 6 tracts. The Bidder’s Choice Method will continue until Tracts 1-6 have been sold.

SECOND SESSION: Tracts 7, 8 and 9 will be offered by the bidder’s choice method of marketing wherein the high bidder in the first session may select any individual tract, any combination of tracts or all 3 tracts. The Bidder’s Choice Method will continue until Tracts 7, 8 and 9 have been sold.

AUCTION NOTE: This is an unprecedented offering of small multi-use tracts! We invite you to inspect the Rosenberry Farm and to be prepared to purchase at the auction.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on January 10, 2020. Full possession will be given at the closing. Title insurance will be provided. The 2019 real estate taxes payable in 2020 will be paid by the sellers. 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.

The full listing is available online @ www.vanadkisson.com and www.biddersandbuyers.com

ROSENBERRY FAMILY FARM

Representing Attorneys:

Chad M. Long for Statham & Long, LLC, Galesburg, IL Ph. 309/341-6000

Marcum A. Spears for Spears & Spears, Monmouth, IL Ph. 309/734-5105

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

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com