Auction Results

Land Auction – 80.91 Surveyed Acres – 1 Tract – Henry County, IL

Thursday, November 29, 2018

Auction Location:

Oxford American Legion Post 1197, 313 West A Street, Alpha, IL

Sold @ Auction:

$12,950 Per Acre

LAND AUCTION

80.91 SURVEYED ACRES – 1 TRACT

PRIME HENRY COUNTY, IL FARMLAND

Thursday, November 29, 2018 – 10:30 A.M.

AUCTION LOCATION: Oxford American Legion Post 1197, 313 West A Street, Alpha, IL 61413.

FARM LOCATION: The Lundgren Farm is located along Route 17, 2 miles west of Woodhull, IL or 1 mile SE of Alpha, IL.

PLAT LOCATION: 80.91 surveyed acres in the West Half of the Northeast Quarter of Section 27, Oxford Township (T.14N.-R.1E.), Henry County, Illinois.

DESCRIPTION: The highly productive farm lies level to undulating and is all tillable.  Primary soil types are Ipava, Sable and Osco silt loams with a PI rating of 140.2. This auction offers an outstanding opportunity to farm operators and investors interested in well-located Class A farmland!

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before December 28, 2018. Full possession for the 2019 crop year 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. The complete listing with maps and color photos is available online @ www.vanadkisson.com and www.biddersandbuyers.com

HILDA LUNDGREN TRUST

Wells Fargo Bank, Trustee

Jon Sickelka, Vice President and Trust Officer

Attorney: James D. Blake – Blake Law Office

250 East Main St. – Suite 303, Galesburg, IL 61401 – Ph. 309/343-3155

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

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com