SOLD! $6,100.00 PER ACRE
122 Acres± • 1 Tract
Wednesday, February 5, 2020 at 5:00 P.M.
Auction Venue: Annawan Community Center, 314 N. State St., Annawan, IL 61234
Location & General Information
The farm is located approx. 7 miles east of Hooppole on Hwy 9, or 10 miles northeast of Annawan, IL. The farm is further described as being located in Section 26, T18N – R6E, Fairfield Township, Bureau County, IL. The farm represents productive, tillable farmland and a small amount of timber along the Hennepin Canal.
- Selling 122 acres based on the most recent tax bill.
- FSA records indicate 113.44 NHEL tillable acres.
- No CRP acres are associated with this farm.
- There is approximately 7.4 acres of mature timber that provides excellent wildlife habitat.
- Open lease for 2020
- Access is along the south side from CR 2500N
Method & Terms
The VanDeWoestyne farm will be sold on a price per acre basis, based on 122 taxable acres. The farm will not be surveyed.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Friday, March 6, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant’s farm lease. The farm sells free & clear for the 2020 crop year.
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, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
The Keith VanDeWoestyne Trust Farm
Benjamin T. Young
Nash, Nash, Bean & Ford, LLP
445 US Highway 6 East
Geneseo, IL 61254
Phone: (309) 944-2188
Auction Manager: Kevin Haas (309) 264-7767