SATURDAY, FEBRUARY 13, 2010
AT 10 A.M.

CROPLAND – PASTURE – TIMBER - COUNTRY HOME & BUILDINGS

FARM LOCATION: The three contiguous tracts are located 5 miles west of Roseville, Ill. on Route 116 to 15th Street then north three-fourths of a mile in the Northwest Quarter of Section 29 and in the Southwest Quarter of Section 20, Ellison Township (T.9N.-R.3W.), Warren County, Illinois. The tracts have been recently surveyed and will sell individually.

TRACT 1: 69.5 ACRES (m/l)

DESCRIPTION: The property lies level to gently rolling and presently consists of 65.61 FSA tillable acres. The balance of the acreage includes two waterways located at the south end of the farm. Primary soil types are Osco, Greenbush, Rozetta and Elco silt loams. The farm has tile and dry dams that were installed in the past few years and would make a nice addition to any farming operation or investment portfolio. Tract 1 is located along 15th Street, a good blacktop road.

TRACT 2: 49.4 ACRES (m/l)

DESCRIPTION: The tract lies undulating to rolling and is consists of open pasture, timber, creek, lots and several outbuildings. Approx. 13 acres of the pasture were farmed in previous years and additional acres could be converted to cropland if desired. Improvements include 2 open front metal sheds (24’X40’ & 24’X48’) and other smaller outbuildings. The parcel offers pasture, a creek providing a year round water supply and income producing cropland should the new owner desire. The area is known to have a large deer and wild turkey population offering excellent hunting and recreation. Tract 2 is located west of Tract 1 and is accessed by a gravel lane between Tracts 1 and 3.

TRACT 3: 5.1 ACRES (m/l)

DESCRIPTION: Tract 3 is the farmstead which is improved with a 1650 sq. ft. two story country home, outbuildings and 3.17 acres (m/l) of level cropland. The first floor of the home includes a living room, dining room, one bedroom, kitchen, full bath, pantry, laundry room, front and rear enclosed porches. There are four upstairs bedrooms. Other features include a basement, natural woodwork, newer gas furnace and central air (3 yrs.), newer roof (2 yrs.), alum. siding, newer septic and a drilled well. The home has some deferred maintenance and has many possibilities! The parcel is also improved with a 28’X48’ open front metal shed, small grain bin and three other smaller wood frame buildings. Tract 3 is located north of Tract 1 with frontage along 15th Street.

PUBLIC VIEWING: Saturday, Feb. 6th – 1 to 3 P.M.

F.S.A. DATA FOR ALL TRACTS: Corn Base – 43.4% of cropland; Corn Program Yields – 125/125;
Soybean Base – 41.2% of cropland; Soybean Program Yields – 34/34.

TERMS: Ten (10%) of the purchase price to be paid down at time of sale with balance due on or before March 12, 2010. Full possession will be given at the closing. Title insurance provided. The sellers will pay the 2009 real estate taxes payable in 2010 and the buyer(s) shall pay all subsequent taxes. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties expressed or implied. An agreement covering conditions of sale will be signed by the buyer(s) and the sellers, and the terms thereof are incorporated herein by reference. Any announcements made on the day of sale will supersede those previously advertised. The complete listing with maps and color photos may be obtained by contacting the auction firm. We invite your inspection of the property at anytime.