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Hamilton, IL — 217-847-2160

Contact: Jim Sullivan
email: [email protected]

#9-27 Allen: Farms & Ranches - ag production -- Show
Kellerville, IL  62324  (Adams County)

80+ Acres in 3 Tracts at Auction —
 
Property for Auction
Auction Thursday September 27, 2018

Auction at 10 a.m. on Thursday, Sept. 27, at the St. Thomas Church Hall, 103 E. Spring St., Camp Point, IL.

This farm will be sold in 3 individual tracts, all of which are currently being surveyed. Tract 1 will contain approximately 47 acres± (subject to survey) and is nearly 100% tillable. Tract 2 will be approximately 32 acres± (subject to survey) and represents fantastic whitetail deer, wild turkey and other hunting. This tract also has 15+ acres tillable as well as several beautiful possible new home sites. Tract 3 will be the 2-story home and newer pole type detached garage/shop situated on approximately 1 acre± (subject to survey). All tracts sell free and clear of any farm tenancy for the 2019 crop year. Tracts also sell with full fall ’18 hunting rights.
Tract Information

Tract 1 • 47.19 Surveyed Acres
FSA figures should indicate approximately 44± acres tillable.
PI rating on the tillable acres is 113.4 with predominant soil types to include Keomah, Clarksdale, Virden & Atlas.
ABS water main line runs along the entire east side of this tract.
Public road access along the entire east side by Co. Rd. 3000 E.

Tract 2 • 34.08 Surveyed Acres
FSA figures should indicate approximately 15± acres tillable.
Balance of the acres is mature timber.
Hard to find small hunting property with tillable acres!
PI rating on the tillable acres is 110.4 with predominant soil types to include Keomah, Clarksdale, Fishhook, Rozetta & Virden.
ABS water main line runs along the entire east side of this tract.
Public road access at the Southeast Corner by Co. Rd. 3000 E.

Tract 3 • Home & 1.16 Surveyed Acres
Older 2-story 3 bedroom country home with newer pole type metal clad garage/shop. 1 bedroom on the main level with 2 additional large bedrooms on the second story. Single bath on the main level. “Few” newer windows and doors along with a newer central AC unit. Very nice setting and situated on an all weather hard surface road. Property is situated in Liberty, Illinois school district. ABS public water is connected to the home.

Make plans to attend an open house that is scheduled for Saturday, September 1st from 11:00 A.M. – 12:00 noon

Method and Terms

The Allen farm will be sold in 3 individual tracts all of which have recently been surveyed. The tracts will be sold in numerical order. Tracts 1 & 2 will sell on a price per acre basis, based on the results of a professional survey that is currently being performed. After Tracts 1 & 2 have sold we will then sell Tract 3 – the country home. Tract 3 will also be surveyed, but will sell for a “Lump Sum” or total dollar amount. The tracts will not be offered in it’s entirety or in any combinations at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing which is scheduled for Monday, November 12, 2018. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes will be paid by the seller as the seller will retain the 2018 farm income. Possession on Tracts 1 & 2 will be at closing, subject to the remainder of the 2018 crop tenancy. There are no hunting leases associated with any of the tracts. Full possession on Tract 3 at the time of closing. Although the home has always been lived in, it is now currently vacant.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property.
This real estate is being sold “as is”
​.
The Jerry Allen Estate Farm
Beverly Bell & Bonnie Power (daughters)

Representing Attorney: James A. Rapp, Schmiedeskamp, Robertson, Neu & Mitchell LLP,
​525 Jersey St., Quincy, IL 62301. Ph (217) 223-3030


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