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Warren County, IL Land Auction - Galbreath

Real Estate  >  Van Adkisson Auction Service  >  Warren County, IL Land Auction - Galbreath

Warren County, IL Land Auction - Galbreath

by Van Adkisson Auction Service
Fri, Nov  17, 2023  10:00 AM   Central
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. 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. 40 ACRES (M/L) PRIME FARMLAND - WARREN COUNTY, ILLINOIS The Galbreath farm features highly productive Class A farmland! FARM LOCATION: 1 mile East of Smithshire, IL on 110th Ave. The farm is located on the corner of 15th Street and 110th Ave. both good all-weather blacktop roads, 8 miles Northwest of Roseville. PLAT LOCATION: 39.51 surveyed acres located in the Northeast Quarter of the Northwest Quarter of Section 8, Ellison Township (T.9N.-R.3W.), Warren County, Illinois. DESCRIPTION: The prime tract lies level, is 100% tillable and features highly productive Muscatune and Osco silt loam soils with a strong PI rating of 143.9! SELLER: THE GALBREATH FARM RONALD K. GALBREATH | JOSEPH C. GALBREATH | DAVID M. GALBREATH ATTORNEY: George Hennenfent | McMillan, Hennenfent & DeJoode P.C. 120 North Main St., Roseville, IL 61473 Ph. 309-426-2176 AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255 INTERNET BIDDING: Heather Gregory (309)337-2217 ** PLEASE TAKE NOTICE ** You are required to provide a bank reference before being accepted to participate in this auction online. Please have your lender e-mail this information to adkissonauction@gmail.com. Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 16, 2023.
Tract Information & Terms of Sale Tract Information & Terms of Sale

Tract Information & Terms of Sale

Lot #1 (Sale Order 1 of 1)



FARM LOCATION1 mile East of Smithshire, IL on 110th Ave. The farm is located on the corner of 15th Street and 110th Ave. both good all-weather blacktop roads, 8 miles Northwest of Roseville.

 

PLAT LOCATION: 39.51 surveyed acres located in the Northeast Quarter of the Northwest Quarter of Section 8, Ellison Township (T.9N.-R.3W.), Warren County, Illinois.

 

DESCRIPTION: The prime tract lies level, is 100% tillable and features highly productive Muscatune and Osco silt loam soils with a strong PI rating of 143.9!
 

NOTE: This auction offers an outstanding opportunity to farm operators and investors interested in acquiring top quality Western Illinois farmland!


Click here to view the Aerial Tour



* The purchase agreement will be adjusted to 39.51 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

 

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due January 4, 2024. Full possession for the 2024 crop year will be given at the closing.  Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the sellers. 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 sellers and assumes no liability of any kind with the property being sold.


SELLER: THE GALBREATH FARM
RONALD K. GALBREATH | JOSEPH C. GALBREATH | DAVID M. GALBREATH



ATTORNEY: George Hennenfent | McMillan, Hennenfent & DeJoode P.C.
120 North Main St., Roseville, IL 61473 Ph. 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

 

 


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Sold for: USD 20,400.00
$20,400.00 x 40 = $816,000.00
Total Bid: USD 816,000.00

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$20,400.00 x 40 = $816,000.00 Total