162.38 ACRES - 2 TRACTS
Auction to be held at the "Golden Windmill" in Golden, IL
LOCATION & INFORMATION - 162.38 acres selling in 2 tracts and being located in the Southwest Quarter of Section 14 of Houston Township, Adams County, Illinois (5 miles south of Bowen, IL or 5 miles northwest of Golden, IL). This farm represents some of West Central Illinois' top producing soils. Both tracts sell subject to a "Cash Rent" farming lease for 2019. The Buyers to receive the rent payment, (contact Auctioneer for details).There are no building improvements on either tract. Prospective buyers have permission to inspect the property.
TRACT 1 - SOLD - $11,100 per acre - 85.15 surveyed acres of mostly level, all tillable, top producing, "Class A" farmland. Soil types are Timewell / Ipava and Virden with a 136 PI. Highway 61 borders the west side and Road 2700N (Chatton Blacktop) borders part of the south side.
TRACT 2 - SOLD $7,800 per acre - 77.23 surveyed acres of gently rolling farmland with mostly Timewell / Ipava, Osco, Coatsburg and Keller soils and a 120 PI. County Road 2700N (Chatton Blacktop) borders the south side of Tract 2.
METHOD & TERMS OF SALE - As noted, both tracts have been surveyed. They will be sold on a price per acre basis and will be sold individually and not combined. Ten percent of the selling price is to be paid at the conclusion of the auction with the balance due on or before May 13, 2019. The Sellers will provide Title Insurance in the full amount of the purchase price. The 2018 real estate taxes which are due in 2019 will be paid by the Sellers with the purchasers being responsible for subsequent taxes. Both tracts sell subject to a farm lease for the year 2019 with the Buyer to receive the cash rent. Immediately following the auction the successful Buyers shall be required to enter into a purchase agreement with the Sellers. A copy of said contract may be examined prior to the auction by contacting the Sellers' attorney, Albert Ancelet 217-357-2107. All announcements made at the auction supersede any prior advertising.
Donald Fink, Shirley Limkemann & Bonnie White, Sellers
Attorney for Sellers - Albert V. Ancelet
Capps, Ancelet, Icenogle & Wallace, 55 S. Adams, Carthage, IL 62321 , 217-357-2107
AUCTIONEER - MIKE SULLIVAN - 217-357-5252