3h 56m Left
Tract 5: 40.46 Surveyed Acres$450.00{"message":"In _app.tsx child of Layout","renderCount":1}
Tract Information & Terms of Sale
Lot Closed
Auction by Van Adkisson Auction Service(107)
This item is in Alexis, IL
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MINERAL ACREAGE ?Overview of Tract Information & Terms of Sale
Item Details
FARM LOCATION: The Bertelsen farm is located along Route 67 and 30th Ave., 3 miles north of Alexis, IL or 6 miles south of Viola, IL, approximately 25 miles south of the Quad Cities.
PLAT LOCATION: 111 acres, more or less, subject to final survey, located in the Southwest Quarter of Section 14, Suez Township (T.13N.-R.-2W.) Mercer County, IL.
DESCRIPTION: The property lies level to rolling and presently features approximately 79 cropland acres, including 2.38 acres in CRP. Primary soil types of the cropland include Muscatune silt loam (31.3%), Greenbush silt loam (19.62%) and Atterberry silt loam (12.7%) with an overall PI rating of 125. The balance of the acreage includes woods, creek, pasture, home sites and potential cropland by clearing should the new owner desire. Hunting and recreation are additional amenities of this nice tract.
FSA DATA: Corn Base - 53.55 acres; PLC Yield - 182. Soybean base - 18.45 acres; PLC Yield - 49.
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 January 3, 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 contingencies. 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: RICHARD & LEIANE BERTELSEN
ATTORNEY: Marcum Spears | Spears & Spears Law Office
201 West Broadway | Monmouth IL 61462 | 309-734-5105
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
Payment
Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before January 3, 2023.
CheckWire Transfer
Auction Details
Mercer County, IL Land Auction - Bertelsen200 W. Palmer Ave., Alexis, IL, 61412Thursday, Dec 1, 2022 | 10:00 AM CST
Auction House
Terms Of Sale
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.