Tract Information & Terms of Sale

2022 YIELD RESULTS:  Corn - 243.6 BPA @ 15%; Soybeans - 68.4 BPA @ 13%

FARM LOCATION: The farm is generally located 1/2 mile east of Route 135 on East Main Street in Little York, IL to 260th Ave. then continue east 1/2 mile to the farm.

PLAT LOCATION: 98.29 surveyed acres selling in 1 tract located in the Southeast Quarter of Section 21, Sumner Township (T.12N.- R.3W.), Warren County, IL.

PARCEL ID NUMBERS: 15-021-005-10 and 15-052-006-10

TAXES: $3,897.78 - $39.65 per acre

DESCRIPTION: The tract lies level to undulating and presently features 94 +/- tillable acres. Primary soil types consist of Lawson, Zook and Radford silt loams with a PI rating of 131.5. There is a small drainage ditch across the southwest corner of the farm and the north boundary is the centerline of Cedar Creek. Tile maps indicate a clay tile main and laterals were installed in 1975 and a 10" plastic main and riser were installed in 2018. FSA Data: Corn Base - 100% of cropland; PLC Yield - 155.

* The purchase agreement will be adjusted to 98.29 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

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 February 16, 2023. Buyer will receive full possession for the 2023 crop year 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.
 

SELLER:  LAMPERT FAMILY TRUST
                 Helen Jean Lampert, Trustee

ATTORNEY:  George Hennenfent | McMillan, Hennenfent & DeJoode, P.C. | 120 North Main St., Roseville, IL 61473 309/426-2176

AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217


Click here to view the full listing on our website

Click here to view Purchase Agreement

Click here to view Escrow Agreement

Click here to view Title Insurance Commitment