Land Auction – 631.47 Surveyed Acres – 9 Tracts –  Warren County, IL

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Land Auction – 631.47 Surveyed Acres – 9 Tracts – Warren County, IL

Fri, November 16, 2018

Auction Location:

Monmouth American Legion, Route 34 & North 11th Street, Monmouth, IL

Sold @ Auction:

Tract 1 – $13,300 Per Acre

Tract 2 – $13,300 Per Acre

Tract 3 – $13,300 Per Acre

Tract 4 – $13,300 Per Acre

Tract 5 – $9,500 Per Acre

Tract 6 – $6,800 Per Acre

Tract 7 – $6,800 Per Acre

Tract 8 – $8,200 Per Acre

Tract 9 – $8,200 Per Acre

LAND AUCTION

631.47 SURVEYED ACRES – 9 TRACTS

WARREN COUNTY, ILLINOIS

AUCTION VENUE: Monmouth American Legion, Route 34 & North 11th Street Monmouth, Illinois 61462

FRIDAY, NOVEMBER 16, 2018

AT 1 P.M.

 *CONTIGUOUS TRACTS OF PRIME FARMLAND*

*COUNTRY BUILDING SITES IN UNITED SCHOOL DISTRICT*

FARM LOCATIONS: Tracts 1-7 are located 5 miles West of Monmouth, IL on Route 164 to Route 135 then 1.5 miles North in Sections 16, 17 and 21, Hale Township (T.11N.-R.3W.), Warren County, IL. The tracts have frontage on Route 135 and 210th Ave.

TRACT 1 – 81.73 ACRES

Tract 1 has frontage on Route 135 and 210th Ave. The parcel lies level to undulating and is all tillable with the exception of a small building site. Tract 1 is improved with a 30’ x 100’ low profile storage building located on the southwest corner of the farm. Primary soil types are Muscatune and Osco silt loams with a PI rating of 144.6!

TRACT 2 – 81.82 ACRES

Tract 2 is located directly east of Tract 1 with frontage on 210th Ave. The parcel lies level to undulating and is all tillable. Primary soil types are Muscatune and Osco silt loams with a PI rating of 144.2!

TRACT 3 – 80.08 ACRES

Tract 3 is located directly east of Tract 2 along 210th Ave. The parcel lies level to gently rolling and is all tillable with the exception of two grass waterways. Primary soil types are Osco and Muscatune silt loams with a PI rating of 136.9.

TRACT 4 – 81.35 ACRES

Tract 4 is located on the south side of 210th Ave. directly across from Tract 2. The parcel lies level to undulating and is all tillable. 92.6% of the cropland is Muscatune silt loam with the balance being Osco silt loam. Tract 4 has an overall PI rating of 146.6!

TRACT 5 – 81.28 ACRES

Tract 5 is located directly west of Tract 4 with frontage on Route 135 and 210th Ave. The parcel lies level to gently rolling and presently includes 72.5 +/- cropland acres. The balance of the tract consists of a grass waterway in the southern section of the farm. Primary soil types of the cropland are Muscatune and Osco silt loams with a PI rating of 140.6.

SALE PROCEDURE: Tracts 1, 2, 3, 4 and 5 will be offered by bidder’s choice wherein the high bidder has the privilege of selecting any individual tract, any combination of tracts or all 5 tracts. In the event that less than all 5 tracts are selected in the first session, the remaining tracts will be offered by the same method until all 5 tracts have been sold

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TRACT 6 – 50.66 ACRES

Tract 6 is located along the west side of Route 135 south of the United West Elementary School. The parcel also has frontage on 210th Ave. Tract 6 lies level to gently rolling and features 40.68 +/- cropland acres, timber, grass waterways and several potential home sites! Primary soil types of the cropland are Muscatune, Greenbush, Osco and Fayette silt loams with a PI rating of 132.7.

TRACT 7 – 11.59 ACRES

Tract 7 is located along 210th Ave. just west of but not contiguous to Tract 6. The parcel lies undulating to gently rolling. Tract 7 features 9.08 +/- cropland acres, grass waterway, a small area of timber and a great country home building site close to United West Elementary School!

SALE PROCEDURE: Tracts 6 and 7 will be offered by bidder’s choice wherein the high bidder has the privilege of selecting one or both tracts. If one tract is selected the remaining tract will then be sold.

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FARM LOCATION:  Tracts 8 and 9 are located one-half mile East of Monmouth on East Broadway (192nd Ave.) to 90th Street then one-half mile South or 2 miles East of the intersection of South Main Street and the Cameron Road on 180th Ave. to 90th Street then one-half mile North, in the Northeast Quarter of Section 33, Monmouth Township (T.11N.-R.2W.), Warren County, Illinois. Tracts 8 and 9 are contiguous and are located at the intersection of 90th Street and 185th Ave.

TRACT 8 – 81.48 ACRES

Tract 8 is located adjacent to the Monmouth Country Club with frontage on 185th Ave. The parcel lies undulating to gently rolling and is all tillable with the exception of well-maintained grass waterways. Primary soil types are Osco, Muscatune and Elco silt loams with a PI rating of 130.1

TRACT 9 – 81.48 ACRES

Tract 9 is located directly East of Tract 8 at the intersection of 90th Street and 185th Ave. The parcel lies undulating to gently rolling and is all tillable with the exception of well-maintained grass waterways. Primary soil types of the cropland are Osco, Muscatune, Rozetta and Elco silt loams with a PI rating of 129.3.

SALE PROCEDURE Tracts 8 and 9 will be offered by bidder’s choice wherein the high bidder has the privilege of selecting one or both tracts. If one tract is selected the remaining tract will then be sold.

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AUCTION NOTE: This is an outstanding offering of exceptionally well-maintained highly productive farmland owned by the same family for three generations. We invite you to inspect the property and to be prepared to purchase at the auction.

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 18, 2018.  Full possession for the 2019 crop year will be given at closing. Title insurance will be provided. The 2018 real estate taxes payable in 2019 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.

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

HEIDRICH ENTERPRISE, INC.

William P. Heidrich, President

Attorney: Reynolds M. Everett Jr. for Barash & Everett, LLC

110 N. Exchange Street, Galva, IL – Ph. 309/932-2001

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

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com