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Mercer County, IL Land Auction - Kenney
Thursday, November 17, 2022 | 10:00 AM Central
Auction closed.
Mercer County, IL Land Auction - Kenney
Thursday, November 17, 2022 | 10:00 AM Central
Auction closed.
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See Special Terms for additional fees
See Special Terms for additional fees
Description
The auction will be conducted both Live and Online. The live auction will be held at the Aledo V.F.W., 106 S.W. Third Ave., Aledo, IL 61231. Bidders are invited to join us at the auction venue or to participate remotely online from your home or office. No buyer’s premium will be charged.
The Kenney Farm consists of 301.30 contiguous surveyed acres located in the East Half of Section 1, Abington Township (T.13N.-R.4W.), Mercer County, IL. The property has frontage on 60th Ave. and 160th Street and will be offered in 3 tracts by bidder’s choice and privilege.
Physical Address: 540 160th Street, Aledo, IL 61231, 2 miles south of Aledo on Route 94 to 60th Ave. then 1.5 miles west or 4 miles northeast of Seaton.
PRODUCTIVE CROPLAND – HUNTING & RECREATION
SELLER: SHERRIE J. KENNEY
ATTORNEY: Karl A. Bredberg | Bredberg Law Office
2020 S.E. Third Street, Aledo, IL 61231 309/582-5327
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
INTERNET BIDDING: Heather... Show more
The Kenney Farm consists of 301.30 contiguous surveyed acres located in the East Half of Section 1, Abington Township (T.13N.-R.4W.), Mercer County, IL. The property has frontage on 60th Ave. and 160th Street and will be offered in 3 tracts by bidder’s choice and privilege.
Physical Address: 540 160th Street, Aledo, IL 61231, 2 miles south of Aledo on Route 94 to 60th Ave. then 1.5 miles west or 4 miles northeast of Seaton.
PRODUCTIVE CROPLAND – HUNTING & RECREATION
SELLER: SHERRIE J. KENNEY
ATTORNEY: Karl A. Bredberg | Bredberg Law Office
2020 S.E. Third Street, Aledo, IL 61231 309/582-5327
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
INTERNET BIDDING: Heather... Show more
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Terms of Sale
Lot # 0 (Sale Order: 1 of 4)
* This Lot is for informational purposes only *
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 December 20, 2022. 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.
The property is selling under standard auction terms - As Is - without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.
The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.
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: SHERRIE J. KENNEY
ATTORNEY: Karl A. Bredberg | Bredberg Law Office
2020 S.E. Third Street, Aledo, IL 61231 309/582-5327
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.
Tract 1 - 135.89 Surveyed Acres
Lot # 1 (Sale Order: 2 of 4)
Quantity: 135
- The north parcel with frontage on 60th and 160th Street and access from the established easement lane that runs east and west through the center of the farm.
- Presently 85.83 acres (m/l) in cropland - 107 PI.
- Presently 6.33 (m/l) acres in CRP.
- Well Maintained Terraces and Waterways.
- Older Bin Site in the northwest corner of the tract.
- Potential Home Sites.
- Balance includes woods and Pike Run Creek.
- Excellent Hunting and Recreation.
The purchase agreement will be adjusted to 135.89 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$5,500.00 x 135 = $742,500.00 Total
Tract 2 - 79.58 Surveyed Acres
Lot # 2 (Sale Order: 3 of 4)
Quantity: 79
- The southwest parcel with permanent access from the established easement lane that runs east and west through the center of the farm.
- Presently 75.17 acres (m/l) in cropland - 128.9 PI.
- Presently 1.59 acres (m/l) in CRP.
- Balance in well maintained waterways.
The purchase agreement will be adjusted to 79.58 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$12,000.00 x 79 = $948,000.00 Total
Tract 3 - 85.83 Surveyed Acres
Lot # 3 (Sale Order: 4 of 4)
Quantity: 85
- The southeast parcel with frontage on 160th Street and access from the established easement lane that runs east and west through the center of the farm.
- Presently 75.12 acres (m/l) in cropland - 129.2 PI.
- Presently 0.81 acre (m/l) of CRP.
- Balance includes woods, well maintained waterways and Pike Run Creek.
The purchase agreement will be adjusted to 85.83 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$12,000.00 x 85 = $1,020,000.00 Total
