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LAND AUCTION

90.0 ACRES OF PRIME FARMLAND
WARREN COUNTY, ILLINOIS


AUCTION LOCATION: Monmouth American Legion, Route 34 & North 11th Street, Monmouth, Illinois.

TUESDAY, FEBRUARY 8, 2011
AT 10 A.M.

PLAT LOCATION : 90.00 acres being a part of Northeast Quarter of Section 7, and part of the Northwest Quarter of Section 8, Lenox Township (T.10N.-R.2W.), Warren County, Illinois. The property has been recently surveyed.

GENERAL LOCATION: The farm is located one mile south of Monmouth, IL with frontage along Route 67 and frontage with access on 70th St., 1 mile south of the intersection of South Main Street and the Cameron Road.

DESCRIPTION: The prime tract lies level to undulating and presently includes 89.02 FSA cropland acres. The balance of the acreage consists of a small windmill site and grassed waterway along the south boundary of the farm. Primary soil types are Muscatune, Osco and Sable silt loams, all highly productive Class A soils. The farm has been maintained in a good state of productivity and soil tests are available. This tract is well located close to Monmouth and would make an excellent addition to any farming operation or investment portfolio. We invite your inspection of the property at anytime.

FSA DATA : Farmland – 90.0 acres; Cropland – 89.02 acres; Corn Base – 64.6 acres; Corn Program Payment Yields – 147/147; Soybean Base – 18.0 acres; Soybean Program Payment Yields – 43/43.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 10, 2011. Full possession will be given at the closing. Title insurance provided. The seller will pay the 2010 real estate taxes payable in 2011 and the buyer(s) shall pay all subsequent taxes. 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 complete listing with maps and color photos is available online @ www.biddersandbuyers.com and may be obtained by contacting the auction firm.

State: Illinois
County: Warren
Location: 007-010N-002W
Township: Lenox
Acres: 90
Date: 12/26/2010

Fsa borders provided by the Farm Service Agency as of May 23, 2008.
Soils data provided by USDA and NRCS.
PLSS provided by Illinois State Geological Survey.

Code Soil Description Acres Percent of field Non-Irr Class Corn Soybeans
86B Osco silt loam, 2 to 5 percent slopes
40.1
44.5%
IIe
170
53
51A Muscatune silt loam, 0 to 2 percent slopes
28.8
32.0%
I
180
57
86C2 Osco silt loam, 5 to 10 percent slopes, eroded
10.8
12.0%
IIIe
160
50
86B2 Osco silt loam, 2 to 5 percent slopes, eroded
7.9
8.8%
IIe
163
51
68A Sable silty clay loam, 0 to 2 percent slopes
2.4
2.6%
IIw
173
57
Weighted Average
171.3
53.8

 

AgriBank, FCB

Mark Troline, 1st Farm Credit Services
2901 E. Jackson St., Macomb, IL 61455 – Ph. (309)833-4040
Attorney: Robert Lindstrom – Suite 412 Bondi Building
311 E. Main St. - Galesburg, IL 61401 – Ph. (309)343-3000



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