Auction
Auction80.5 Acres
Auction
4 beds • 1 bath • 1,892 sq ft

Monmouth, IL 61462 - Warren County

Farms
Residential
Static Google Map
Property ID 21949627

Auction Information

WARREN COUNTY, IL LAND AUCTION - HEIDENREICH
Virtual Online, Monmouth, IL
12/09/2024, 10:00 AM
Online Bidding SiteExternal Link

WARREN COUNTY, IL LAND AUCTION - HEIDENREICH

WARREN COUNTY, IL LAND AUCTION - HEIDENREICH

Monday, December 9, 2024 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Warren County, Illinois

The Heidenreich farm is located approx. 6.4 miles south of Monmouth, IL and 1.2 miles east of Highway 67, along 130th Avenue and 80th Street. These tracts are further described as being located in Sections 29, T10N-R2E, Lenox Township, Warren County, Illinois.

SELLER

James P. Heidenreich Estate

Susan Johnson - Executor

MANAGED BY

Isaac Taber (309) 335-8081

Brandt Henness (309) 224-4276

GENERAL INFORMATION

80.5 surveyed acres 2 tracts

A great opportunity to purchase high quality farmland with Class A soil in Warren County, IL. Tract 2 consists of an older homesite that is conveniently located with great potential.

TRACT INFORMATION

Tract 1 - 76.66 surveyed acres

FSA figures indicate 69.45 acres of cropland currently in row crop production

Productivity Index (PI): 138.8 (Class A)

Soil types include Muscatune, Osco

Access along 130th Avenue and 80th Street

Tract 2 - 3.84 surveyed acres

4-bedroom, 1-bathroom two-story farmhouse

1,892 sq. ft.

768 sq. ft. detached garage

3,000 sq. ft. Pole Building along with other outbuildings

United School District

Access along 130th Avenue

REAL ESTATE TAX INFORMATION

Parcel Number - 08-029-007-00 - $4,909.16 (tracts are combined)

METHOD & TERMS

Tract 1 of the Heidenreich farm will sell on a per acre basis, based on surveyed acres. Tract 2 will sell for a lump sum or total dollar amount.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Wednesday, January 8th, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025. Buyer will pay all the 2025 taxes and beyond. Possession at closing. Open lease for 2025 crop year and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate and improvements are being sold As Is.

James P. Heidenreich Estate

Susan Johnson - Executor

Representing Attorney:

Marcum Spears | Spears & Spear

201 W Broadway, Monmouth, IL 61462 | (309) 734-5105

Auction Managers:

Isaac Taber (309) 335-8081

Brandt Henness (309) 224-4276

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Sullivan Auctioneers

Sullivan Auctioneers

Sullivan Auctioneers