Live & Online Land Auction – 321.01 Surveyed Acres – 3 Tracts in Henderson County, IL
Wednesday, December 14, 2022 10:00 amAuction Location:
The Barn at Fairview Acres, 1632 State Hwy. 94, Biggsville, IL 61418
Seller:
THE KING FARM - Old National Bank, Successor Trustee – Trust No. 8178
Sold at Auction:
Tract 1 – $10,600 per acre
Tract 2 – $9,550 per acre
Tract 3 – $10,600 per acre
LIVE & ONLINE
LAND AUCTION
321.01 SURVEYED ACRES – 3 TRACTS
HENDERSON COUNTY, ILLINOIS
Auction Venue: The Barn at Fairview Acres, 1632 State Hwy. 94, Biggsville, IL 61418
Wednesday, December 14, 2022
AT 10 A.M
Click Here to Bid Online
** Proxibid registration & approval to participate in this auction must be completed at least 2 hours prior to auction start time.
FARM LOCATION: The King Farm is generally located 8 miles Northwest of Little York, IL or 15 miles southwest of Aledo near the Mercer County line in Sections 5 and 8, Bald Bluff Township (T.12N.-R.4W.) Henderson County, IL. Property has frontage on Roads 2850N, 1650E and 2950N. The tracts have been recently surveyed, are contiguous and feature highly productive Western Illinois farmland.
DRIVING DIRECTIONS: Travel 9 miles south of Aledo or 3 miles north of Little York on Route 94/135 to 290th Ave., 2 miles west to the Warren-Henderson County line, ½ mile south to Road 2850 then 4.5 miles west or 3 miles north of Route 94 at the Bald Bluff Township Building on Road 1750N to Road 2850N then ½ mile west.
TRACT 1: 76.08 ACRES
- Located in the East Half of the Northwest Quarter of Section 8, Bald Bluff Township.
- 100% tillable – 141.9 PI – Predominant soil type is Littleton silt loam.
- Excellent frontage on Roads 2850N and 1650E.
- Parcel ID # 02-08-100-003.
- 2021 Taxes: $4,240.50 – $55.80 per acre.
TRACT 2: 81.80 ACRES
- Located in the West Half of the Northeast Quarter of Section 8, Bald Bluff Township.
- 75 +/- tillable acres – 138.1 PI – Predominant soil types are Sawmill silty clay loam, Littleton silt loam and Proctor silt loam.
- Balance of the acreage includes a well-maintained drainage ditch and an older grain bin site.
- Excellent frontage on Roads 2850N and 1650E.
- Parcel ID # 02-08-200-001.
- 2021 Taxes: $3,632.54 – $45.41 per acre.
TRACT 3: 163.13 ACRES
- Located in the Southeast Quarter of Section 5, Bald Bluff Township.
- 156 +/- tillable acres – 130.7 PI – Predominant soil types are Littleton silt loam, Cresent loam, Sawmill silt clay loam, Proctor silt loam and Sparta loamy sand.
- Balance of the acreage includes a well-maintained drainage ditch.
- Excellent road frontage on Roads 2950N and 1650E.
- Parcel ID #: 02-05-400-001.
- 2021Taxes: $7,151.38 – $44.70 per acre.
SALE PROCEDURE: Tracts 1, 2 and 3 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 three tracts. In the event that less than all three tracts are selected in the first session, the remaining tract(s) will be offered by the same method until all three 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 or before January 17, 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.