78 Acres ± • 1 Tract
Wednesday, December 2, 2020 at 10:00 A.M.
SOLD! TRACT 1 – $9,400 PER ACRE
TOTAL – $729,064.00
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.
Land is located in Section 35, T28N•R4E, Rooks Creek Township, Livingston County, IL.
From Pontiac, IL at the Jct. of 23 & 116, take Hwy. 116 west approximately 5 miles to Road #1050E, then left or south 1 mile to the farm (or approximately 3 miles southeast of the small town of Graymont, IL.)
- FSA records indicate 76.97 acres of NHEL cropland.
- Productive soil types: Ashkum, Peotone, Chenoa & Andres.
- Productivity Index (PI): 126.9.
- Drainage ditch along the west side provides an excellent tile outlet.
- Access along the North off CR #1600 N Rd and along the East off CR #1100 E Rd.
Method & Terms
The Alltop Farm will sell on a price per acre basis, based on the advertised acres. 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, January 8, 2021. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the seller. The 2021 & all subsequent real estate taxes will be the responsibility of the new buyer(s). Possession will be given at the time of closing. The successful bidder is allowed to enter the farm (at their own risk) upon execution of the purchase contract and payment of the earnest money. The farm sells free & clear for the 2021 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”.
Drainage ditch along the west side of the farm provides an excellent tile outlet
GALE ALLTOP TRUST
RICHARD ALLTOP & PEGGY BARTH CO-TRUSTEES
Stoller Law Office
15 W Front St, El Paso, IL 61738
Auction Manager: Kevin Haas (309) 264-7767