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Warren County, IL Land Auction - Adkisson
Friday, November 11, 2022 | 10:00 AM Central
Auction closed.
Warren County, IL Land Auction - Adkisson
Friday, November 11, 2022 | 10:00 AM Central
Auction closed.
Internet Premium:
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 Roseville Community Center, 265 West Penn Ave., Roseville, IL 61473. 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 J. D. Adkisson Family Farm consists of 99.52 surveyed acres and will be offered in 3 contiguous tracts by bidder’s choice and privilege.
The property is located 3 miles south of Roseville or 16 miles north of Macomb, IL on Route 67 to 40th Ave. (Raritan Road) then 1 mile west in the South Half of Section 12, Point Pleasant Township (T.8N.-R.3W.), Warren County, IL.
PRODUCTIVE CROPLAND – EXCELLENT PASTURE
SELLER: J. D. ADKISSON FAMILY FARM
Judith D. Wilson, Jeremy D. Adkisson, Jeffrey D. Adkisson
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... Show more
The J. D. Adkisson Family Farm consists of 99.52 surveyed acres and will be offered in 3 contiguous tracts by bidder’s choice and privilege.
The property is located 3 miles south of Roseville or 16 miles north of Macomb, IL on Route 67 to 40th Ave. (Raritan Road) then 1 mile west in the South Half of Section 12, Point Pleasant Township (T.8N.-R.3W.), Warren County, IL.
PRODUCTIVE CROPLAND – EXCELLENT PASTURE
SELLER: J. D. ADKISSON FAMILY FARM
Judith D. Wilson, Jeremy D. Adkisson, Jeffrey D. Adkisson
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... 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 14, 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. 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: J. D. ADKISSON FAMILY FARM
ATTORNEY: George Hennenfent | McMillan, Hennenfent & DeJoode, P.C.
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.
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 14, 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. 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: J. D. ADKISSON FAMILY FARM
Judith D. Wilson, Jeremy D. Adkisson, Jeffrey D. Adkisson
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.
Tract 1 - 20.41 Surveyed Acres
Lot # 1 (Sale Order: 2 of 4)
Quantity: 20
- Predominant soil type: Osco silt loam - 135.0 PI.
- Level to undulating, mostly all tillable.
- Frontage on 50th Street just north of the Raritan Road (40th)
The purchase agreement will be adjusted to 20.41 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$10,500.00 x 20 = $210,000.00 Total
Tract 2 - 21.92 Surveyed Acres
Lot # 2 (Sale Order: 3 of 4)
Quantity: 22
- Predominant soil types: Osco, Muscatune and Rozetta silt loams - 133.9 PI.
- Level to undulating, mostly all tillable.
- Frontage on the Raritan Road (40th)
The purchase agreement will be adjusted to 21.92 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$9,600.00 x 22 = $211,200.00 Total
Tract 3 - 57.19 Surveyed Acres
Lot # 3 (Sale Order: 4 of 4)
Quantity: 57
- Presently well fenced pasture with stream.
- Undulating to rolling.
- Cropland potential - 101.9 overall PI.
- Frontage on the Raritan Road (40th) and 50th Street.
The purchase agreement will be adjusted to 57.19 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$5,750.00 x 57 = $327,750.00 Total
