Monmouth American Legion, 1110 North 11th Street, Monmouth, IL 61462
THADDEUS & HOLLY THARP
GENERAL LOCATION: The Tharp Farm is located 3 miles West of Roseville, IL on Route 116 to 30th Street then 2 miles North or 8 miles South of Monmouth on Route 67 to 100th Ave., 3.5 miles West to 30th Street, then one-half mile South.
PLAT LOCATION: 236.09 surveyed acres located in Section 16, Ellison Township (T.9N.-R.3W.), Warren County, IL. The farm will be offered in 5 contiguous tracts by Bidder’s Choice and Privilege. Tracts 1, 2, 3 and 5 have frontage on 30th Street. Tracts 4 and 5 have frontage on 90th Ave.
TRACT 1: 47.05 ACRES
100% tillable, Muscatune and Sable silt loam soils, 144.8 PI.
TRACT 2: 80.00 ACRES
100% tillable, Muscatune, Sable and Osco silt loam soils, 144.4 PI.
TRACT 3: 56.38 ACRES
100% tillable, Muscatune, Sable and Osco silt loam soils, 141.5 PI.
TRACT 4: 25.26 ACRES
23 acres +/- tillable, Osco silt loam soil, 133.4 PI, Morton 28’x64’ open front building.
TRACT 5: 27.40 ACRES
22.64 acres +/- tillable, Osco, Muscatune and Assumption silt loam soils, 130 PI.
AUCTION NOTE: The land has been exceptionally well maintained and offers an outstanding opportunity to farmers and investors alike!
SALE PROCEDURE: Tracts 1, 2, 3, 4 and 5 will be offered by bidder’s choice whereby the high bidder has the privilege of selecting any individual tract, any combination of tracts or all five tracts. In the event that less than all five tracts are selected in the first session, the remaining tract(s) will be offered by the same method until all five tracts are 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 January 5, 2023. Buyers will receive full possession of all tracts at the closing. Title insurance will be provided. The 2022 real estate taxes payable in 2023 will be paid by the seller. The farm is selling with no contingences. 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.
SPECIAL NOTICE: The auction will be conducted both In-Person and Online. Online bidding is powered by Proxibid. Join us at the auction venue or participate from your home or office. Contact the auction firm for further details.