Monmouth American Legion, Route 34 & North 11th St., Monmouth, IL 61462
HANNAH J. GRAND TRUST
Tract 1 – $13,350 Per Acre
Tract 2 – $5,850 Per Acre
The Grand Trust Farm is located 5 miles east of Monmouth, IL or 7 miles west of Galesburg, IL on Route 164 to 130th Street then 1 mile north. The property is on the southeast corner of the intersection of 130th St. and 230th Ave. as is described as the Northwest Quarter of Section 8, Coldbrook Township (T.11N.-R.1W.), Warren County, Illinois. The farm consists of 162.00 surveyed acres and will be offered in 2 contiguous tracts by Bidder’s Choice and Privilege. Tract 1 includes the south and west sections of the farm. Tract 2 is the northeast section.
TRACT 1: 100.90 ACRES
Tract 1 lies level to undulating and presently features 89.86 FSA cropland acres. Primary soil types of the cropland are Muscatune, Osco and Sable silt loams with a strong Productivity Index rating of 140.5. The balance of the property includes grass waterways and 2 small timbered areas. Tract 1 is well-located less than 1 mile North of Route 164 and offers an excellent opportunity to farmers and investors interested in productive farmland!
TRACT 2: 61.10 ACRES
Tract 2 lies level to rolling and presently consists of 23.48 FSA cropland acres. The primary soil types of the cropland are Osco, Assumption and Muscatune silt loams with a Productivity Index rating of 128.3. The balance of the property includes dense timber with two clearings and a small creek. Tract 2 features incoming producing cropland complemented with potential home building sites and a nice timber offering excellent hunting and recreation!
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.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due at closing on or before March 24, 2022. Buyers will receive full possession at the closing. Title insurance will be provided. The 2021 real estate taxes payable in 2022 will be paid by the seller. Bidders must have financing arrangements made prior to participating in the auction. 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.
TAX INFORMATION: Parcel ID: 04-008-004-00. 2020 Real Estate Taxes Paid in 2021 – $5,107.92
SPECIAL NOTICE: We are now offering Proxibid online bidding during our Live Onsite Land Auctions! Join us at the auction venue or participate from your home or office. Contact us for further details!
Attorney: George Hennenfent – McMillan, Hennenfent & DeJoode
120 North Main St. – Roseville, IL 61473 – Ph. 309-426-2176