59.07 Surveyed Acres • 1 Tract
Monday, September 28, 2020 at 10:00 A.M.
SOLD! $13,200 PER ACRE
Auction to be conducted as a virtual, online only auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
Property Preview: Sunday, September 20th from 2:00-4:00 P.M. Masks/Face coverings are required to enter the home.
Location & General Information
The Martin farm is located at the northwest edge of Geneseo, IL and is further described as being located in Section 8, T17N – R3E, Geneseo Township, Henry County, IL. The farm represents productive, tillable farmland, a 2-story country home, barn & a nice small piece of timber that is secluded and lies at the extreme west end of the farm. The tillable land represents Class A soils with a PI of 137.7 (soil map online).
Mark your calendars for Monday, September 28th and take part in this online only event. Properties like this rarely come up for sale.
Method & Terms
The Martin property has recently been surveyed and will sell on a price per acre basis. 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 Tuesday, December 1, 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 real estate taxes will be paid by the seller. Possession will be given at the time of closing subject to the current farm tenant and residential tenant – contact auction manager for details.
All announcements sale day shall take precedence over any prior advertising either written or oral.
Auction Manager: Dale Jones (309) 299-6400
Gaylon Martin Trust – Seller
Richard A. Stone
Stone & Palmgren
211 S. State St., Geneseo, IL 61254
PH (309) 944-4628