Give us a call 309-582-5681

or EMAIL us

to discuss a marketing plan for your property.

PUBLIC LAND AUCTION
 Mercer County Illinois Farm Land - 235.22 ACRES

 SOLD AT AUCTION

Wednesday, November 29th, 2006 at 10:30 A.M.

Auction was held at the
Aledo VFW Building - 106 SW 3rd Ave., Aledo, IL
(downstairs)

~ Click on the photos and plat maps to view larger images ~ they will open in a new window

Land Location:

3.5 miles north of Hwy 17 / Muscatine Blacktop Rd. Junction (1 mile north of New Boston, IL) on the Muscatine Blacktop Rd. to 110th Ave., then west on 110th Ave. 2.5 miles to 25th St., then north 1 mile - Farm is located on the east side of the road.

Farm is posted with auction signs.

Legal Description:

All land is contiguous -

Tract # 1      160 ACRES m/l

The SE 1/4 Section 35, Eliza Township, Mercer County, IL.

 

click on photos & maps to view larger images

The N 1/2 of the NE 1/4 of Section 2, New Boston Township, Mercer County, IL.

FSA Data:

232.4 Tillable Acres, Corn Base 117.8 Acres, Corn Yield 125 Bu., Soybean Base 98.4 Acres, Soybean Yield 30 Bu.

R.E. Taxes: ('05 payable in '06) $338.30

Drainage Taxes: 158.44 Acres @ $3,802.56. 67.02 Acres @ $1608.48. Total for '05 = $5411.04

Auction Procedure: First high bidder may have his or her choice of Tract #1 or Tract#2, or they may have both tracts.

Terms: Ten (10) percent of the purchase price to be paid down on day of Sale upon completion of Auction, with the balance of the purchase price due and payable within 30 days of the Sale or no later than December 29, 2006. The 2006 real estate taxes payable in 2007 will be paid by the Seller(s); all real estate taxes thereafter will be paid by the Buyer(s). Special Assessments: (New Boston Drainage Ditch Tax) 2006 taxes and all prior years to be paid by Seller(s); 2007 and thereafter to be paid by the Buyer(s). Possession will be given at closing, subject to the removal of the 2006 crop harvest. All announcements made Sale Day will take precedence over any printed advertisements.