FARMLAND AUCTION
659.89 Surveyed Acres - Selling in 9 Tracts
Tracts 1-4 in Suez & Ohio Grove Twps. Tracts 5-9 in Spring Grove Twp.
Mercer County, Illinois Warren County, Illinois
Thursday, September 9, 2010
10:00 A.M.
Sale Location: Alexis Community Center, Alexis, Illinois


TRACT 1: 40.91 ACRES-This parcel lies 3 miles west & ¼ mile north of Alexis, IL with road frontage on 250th St.. It contains 40.91 acres, located in the NE ¼ of the SE ¼ of Sec. 33, T13N R2W (Suez Twp.), Mercer Co., IL. This highly productive NHEL farm lies level and is all tillable. FSA Data: Corn base: 21.7 acres, Dir.&CC Yield: 124 bu.; Soybean base: 17.0 acres, Dir.&CC Yield: 34 bu..


TRACT 2: 65.46 ACRES- This parcel lies 3 miles west & 1/3 mile north of Alexis, IL with road frontage on 250th St.. It contains 65.46 acres, located in the N ½ of the SW ¼ of Sec. 34, T13N R2W(Suez Twp.), Mercer Co., IL. This highly productive tract lies level to gently rolling and is all tillable. Est. FSA Data: Corn base: 61.6 acres, Dir.&CC Yield: 119 bu..


TRACT 3: 97.80 ACRES- This parcel lies 3 miles west of Alexis, IL with road frontage on Rt. 67 & 135 and 250th St.. It contains 97.80 acres, located in the SW ¼ of Sec. 34, T13N R2W (Suez Twp.), Mercer Co., IL. This good producing farm lies level to gently rolling and has 89.8 acres tillable with the balance in wooded & grassed waterways. Est. FSA Data: Corn base: 85.1 acres, Dir.&CC Yield: 119 bu..

 |
 |
TRACT 4: 114.01 ACRES- This parcel lies 6 miles west and 2 miles north of Alexis, IL with road frontage on 220th St.. It contains 114.01 acres located in the SE ¼ of Sec. 24, T13N R3W (Ohio Grove Twp.), Mercer Co., IL. This tract lies level to rolling and has 55.9 acres currently being tilled with the balance in a well established and maintained rotational grazing pasture. Improvements include an extensive amount of newer high tensile fence and automatic drinkers installed under the USDA EQIP program contract which transfers to the new owner. This tract is a good grain/livestock farm. FSA Data: Corn base: 55.4 acres, Dir.&CC Yield: 124 bu.. This parcel selling at auction if not sold prior to auction date.

 |
 |

TRACT 5: 70.22 ACRES- This parcel lies 3 miles west of Alexis, IL with road frontage on Rts. 67&135 & 90th St.. It contains 70.22 acres located in the NW ¼ of Sec. 3, T12N R2W (Spring Grove Twp.), Warren Co., IL. This highly productive NHEL farm lies level to undulating and is all tillable. Est. FSA Data: Corn base: 37.5 acres, Dir.&CC Yield: 124 bu.. Soybean base: 24.7 acres, Dir.&CC Yield: 34 bu.. Wheat base: 5.5 acres, Dir.&CC Yield: 58 bu..

 |
 |

TRACT 6: 87.56 ACRES- This parcel lies 3 miles west and ½ mile south of Alexis, IL with road frontage on 90th St.. It contains 87.56 acres located in the W ½ of Sec. 3, T12N R2W, (Spring Grove Twp.), Warren Co., IL. This productive tract lies gently rolling to rolling and has appr. 83 acres tillable with the balance in grassed waterways. This tract shares an easement along the south boundary with Tract 7 to provide access to an adjacent farm. Est. FSA Data: Corn base: 65.6 acres Dir.&CC Yield: 123 bu. Soybean base: 9.0 acres Dir.&CC Yield: 39 bu..

 |
 |

TRACT 7: 98.71 ACRES- This parcel lies 3 miles west and 1 mile south of Alexis, IL with road frontage on 90th St. & 290th Ave.. It contains 98.71 acres located in the SW ¼ of Sec. 3, T12N R2W, (Spring Grove Twp.), Warren Co., IL. This farm has level up land which gently slopes into productive NHEL bottom ground and has appr. 91.7 tillable acres with the balance in waterways & creek. This tract shares an easement along the north boundary with tract 6 to provide access to an adjacent farm. Est. FSA Data: Corn base: 72.4 acres, Dir.&CC Yield: 123 bu., Soybean base: 9.9 acres, Dir.&CC Yield: 39 bu..

 |
 |

TRACT 8: 53.76 ACRES- This parcel is located appr. 2 ¼ miles west of Alexis, IL with road frontage on Rt.67 & 135. It contains 53.76 acres located in the W ½ of the NE ¼ of Sec. 3, T12N R2W, (Spring Grove Twp.) Warren Co., IL. This farm lies level to gently rolling with 52 tillable acres of which 0.4 acre is currently in a CRP waterway. Est. FSA Data: Corn base: 37.3 acres, Dir.&CC Yield: 123 bu., Soybean base: 7.9 acres Dir.&CC Yield: 39 bu..

 |
 |

TRACT 9: 31.46 ACRES- This parcel is located appr. 2 ½ miles west of Alexis, IL with road frontage on Rt. 67 & 135. It contains 31.46 acres located in the N ½ of Sec. 3, T12N R2W, (Spring Grove Twp.), Warren Co., IL. This gently rolling farm has 10.93 tillable acres with the balance in a fenced pasture and creek. It is improved with 2 - 18,000 bu. grain bins w/large fans & power sweeps, a 40’x64’ newer hoop building and 3 metal clad pole buildings (18’x48’, 18’x40’, 30’x42’). There is a well and water system with automatic drinkers. Est. FSA Data: Corn base: 7.6 acres, Dir.&CC Yield: 123 bu., Soybean base: 1.6 acres, Dir.&CC Yield: 39 bu..


LEGAL DESCRIPTION: Legal descriptions will be available sale day.
SALE PROCEDURE: Tracts 1-8 selling as High Bidders Choice on a per acre basis on surveyed acres. Tract 9 with improvements will sell last.
For a showing, brochure or more information, contact the auctioneers.
Auctioneers’ Note: Don’t miss this great auction of good farmland. Many of these are contiguous tracts and offer a good opportunity for a buyer to get multiple acres of good ground close together.
Terms of Real Estate Sale
1. 10% of the purchase price is due sale day, with the balance due at closing on or before November 20, 2010.
2. Title Insurance or Updated Abstract, at seller’s option, will be furnished by seller.
3. Seller will pay 2010 real estate taxes due in 2011. Buyer will pay all real estate taxes thereafter.
4. Possession will be given at closing, subject to 2010 tenants’ rights.
5. Buyer & Seller will enter into a written contract sale day embodying these terms.
6. All FSA measures & yields are believed to be accurate, but are not guaranteed.
7. Any announcements made sale day take precedence over all others, printed or oral.
8. The property is selling on an “AS-IS, WHERE-IS” basis, without any representations or warranties expressed or implied.
9. All statements and representations herein are believed to be correct; however, the auction company and the seller make no warranties, either expressed or implied, concerning the advertised literature and statements herein.
Grandpa Doc L.P., Seller
Tom Hunter, Managing Partner
Attorney for Seller: Dan Stoerzbach, Stoerzbach Law Office PC
2101 Windish Dr.,Galesburg, IL 309-343-5010
Gregory Real Estate &
Auction, LLC
Alexis, IL 309-482-5575
Stan
Gregory,
Auctioneer-Broker
IL Lic #440000420 |
Steve
& Jeff Gregory, Auctioneers
309-297-0407 & 309-337-5255
IL. Lic. 441000200, 441000201 |
Gregory R.E. & Auction,
LLC serves solely as agent for the seller & assumes no liability
of any kind in connection with any property being sold. Not responsible
for errors or omissions.
 |