* This Lot is for informational purposes only *

 

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SALE PROCEDURE: Tracts 1, 2, 3 and 4 will be offered by Bidder's Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select any individual tract, any combination of tracts or all tracts. In the event that less than all the tracts are selected in the first session, the remaining tracts will be offered by the same method until all four tracts have been sold.


SCHOOL DISTRICT: The Linder property is all located in United School CUSD #304.


TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale. Balance of the purchase price to be paid at closing on January 10, 2024. Buyers will receive full possession at the closings for the 2024 crop year. Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the seller. The farm is selling with no contingences. Bidders must have financing arrangements made prior to participating in the auction. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. 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.



SELLER: LINDER FARMS B.P.A., LLC


ATTORNEY: George Hennenfent | McMillan, Hennenfent & DeJoode P.C.
120 North Main St., Roseville, IL 61473 Ph. 309-426-2176


AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217



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Tract 1 is the northwest parcel of the farm with frontage on 165th Ave. and 170th Street. The parcel lies level to undulating and presently consists of 61.5 (m/l) tillable acres. Primary soil types are Ipava, Osco and Assumption silt loams with a PI rating of 137.3.

* The purchase agreement will be adjusted to 63.62 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
 

Tract 2 is the southwest parcel of the farm with frontage on 170th Street. The parcel lies level to gently rolling and presently consists of 98 (m/l) tillable acres. Predominant soil types of the cropland include Ipava, Osco, Rozetta and Clarksdale silt loams with a PI rating of 127.1. The balance of the property consists of managed grass waterways and a small timbered waterway on the east end of the tract.

* The purchase agreement will be adjusted to 103.37 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

Tract 3 is north-central parcel of the farm with frontage on 165th Ave. The parcel lies undulating to rolling and presently consists of 41 acres (m/l) of open pasture, 6.42 (m/l) acres of cropland with a PI rating of 128.1, and 13 acres (m/l) of wooded pasture. The property features a farm pond, Cedar Creek tributary and a well all providing an excellent water supply for livestock. The panels, gates, guard rail and hedge posts located in the coral area are not included with the property.

* The purchase agreement will be adjusted to 60.33 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

Tract 4 is the east parcel of the farm with frontage on 180th Street (West Knox Road). The parcel lies gently rolling to rolling and presently features 14.4 acres (m/l) of cropland in 3 fields. The balance of the property consists of dense timber and the Cedar Creek tributary.

* The purchase agreement will be adjusted to 41.38 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.