Land Auction

Description

Adams County Illinois Land Auction, Thursday August 30th at 6:00 p.m.

Held at the Liberty Christian Church fellowship hall 102 N. Park Street Liberty, Il. 62347

Sellers: The Ormond Family Trust Bernie and Larry Ormond Executors, Bill Siebers of Scholz, Palmer, Loos, Siebers and Duesterhaus attorney for the Trust.

The Ormond Trust consist of 7 Tracts of land consisting of agricultural farm land, pasture, timber, and 2 home sites with buildings.

Potential buyers are encouraged to inspect the tracts. PLEASE CLOSE ALL GATES AND LATCH THEM!!!

Tract #1: Parcel # 14-0-0192-000-00, TW 2 S Range 6W Sec. 17 located approximately 2 tenths of a mile south and east of road East

2000th street Liberty, Il. on the east side of State highway 104.

A tract of land currently in hay and pasture with some wooded area, fenced on 4 sides. This tract was not surveyed and

will be Selling as 21.73 acres per the Adams County Illinois plat map.

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Tract #2: Parcel # 14-0-0204-000-00, Address 997 E. 2000th Street Liberty, Il. 62347 Located 1 tenth of a mile south of State Highway

104 on E. 2000th street

A tract of land is currently planted to corn and beans.

This tract is selling as 71.18 acres per survey, surveyed off of the 10 acres m/l above the above address.

Soil types consist of #257 Clarksdale/Virden, #515 Bunkum and #538 Emery Silt loams,

#651 Keswick Loam, and #855 Timewell /Ipava soils: The land has been improved with approximately

12 dry dams and is not fenced.

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Tract #3: 997 E. 2000th Street Liberty, IL. 62347. Located 1 tenth of a mile south of State Highway 104 on road E. 2000th

A tract of land consisting of 10 acres m/l (subject to survey), house, 2 machine sheds, barn, and lean to garage that is fenced on mostly

4 sides, on rural water, electric supplier, and gas near by. This tract is currently under survey to be sold as Tract #3 off of

the original 80 acre tract with Parcel # 14-0-0204-000-00. The machine sheds contents, any hay or grain, and equipment does

not convey with the property. The home and structures are being sold in “AS IS” condition. PLEASE CLOSE ALL GATES AND SECURE THEM!!

Some tracts still have cattle on them. Selling as 10.39 acres per survey.

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Tract #4: 868 E. 1900th Street Liberty, IL. 62347 Selling as 114.66 acres per survey planted to corn and beans.

Tillable acres with the balance waterways, brush, and timber. This tract is being surveyed off of Parcel # 14-0-0217-000-00.

Soil Types: #257 Clarksdale/Virden, #515 Bunkum and # 538 Emery Silt Loams, and #855 Timewell/Ipava Soils.

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Tract #5: 868 E. 1922th Street Liberty, IL. 62347 Parcel # 14-0-217-000-00 surveyed off the original 120 acres.

Consisting of several buildings, 50×87 Pole type machine shed-21x70x6 concrete silage pit, 20 x 30 wood frame garage/storage

shed with metal roof, concrete floor and overhead door, fenced pasture, 2 small ponds, automatic livestock drink, frost free hydrant, and home site with

with septic system, water, and electric. Natural gas and public water are available with a shallow dug well on the tract. Selling as 8.02 acres per survey. The mobile home on this Tract does not convey. PLEASE CLOSE ALL GATES AND SECURE THEM!! This tract has livestock grazing on it.

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Tract #6: Parcel # 17-0-0174-000-00 Selling as 76.58 acres per survey. Located west of 925 E. 1900th Street Liberty, IL. 62347

Tract #6 is currently planted in corn, beans, wheat, and some pasture ground with brush and waterways.

Soil Types: #16 Rushville, #17 Keomah, #257 Clarksdale/Virden, #477 Winfield, #515 bunkum, #538 Emery and #3333 Wakeland Silt Loams, and #651 Keswick Loam:

with the majority of the tillable soil being Kewmah, Clarksdale/Virden, and Winfield. Tract #6 lies west of road 925 E. 190th Liberty, IL. 62347.

Electric is available, water and gas are not available.

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Tract # 7: Parcel #s 17-0-0165-000-00 20 acres m/l and 17-0-0170-000-00 44 acres m/l (both subject to survey).

Located west of 925 E. 1900th Street Liberty, IL. 62347

Tract #7 combines the 2 named parcels above into 0ne tract selling as 66.53 acres per survey.

It has some of the same soils as Tract #6 but is rolling pasture, hay ground, timber, and brush with 2 small ponds.

Most of the tract is fenced with electric available but no water or gas. This is a small livestock corral on the tract. The

Lane that begins at Road 1900th street and winds westward will be surveyed with this tract for access. PLEASE CLOSE ALL GATES AND SECURE THEM!

This tract still has cattle grazing on it.

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TERMS: The 7 tracts will be sold separately to the highest bidder. Immediately following the auction, the successful buyer(s) will enter into a written purchase agreement with the seller and pay ten percent (10%) of the sale price. The sale of the real estate is not contingent upon financing, appraisal, or inspections. Title insurance in the full amount of the purchase price will be provided by the seller. The balance of the purchase price will be due at closing on or before October 1, 2018. The 2018 crops on all tracts belong to the tenant farmer and the tenant will be allowed to harvest all crops. Seller to receive all 2018 cash rent. Buyer to be credited at closing for 2018 real estate taxes due in 2019 based on previous year amounts due.

Mobile home on tract #5 does not convey and will be removed by 11/1/18. All equipment, feed stock, and hay on tract #3 & #5 will be removed by seller by 11/1/18. The tracts will sell on a per acre basis according to the completed survey. Potential buyers are encouraged to inspect all tracts prior to the auction and close and secure any and all gates they go through on those tracts. The real estate sells “as is” with no warranties.

All sale day announcements shall take precedence over any prior advertising either written or oral. This information is believed to be accurate, but no liability for its accuracy, errors or omissions is assumed. Buyers should verify information to their satisfaction.

www.cornerstoneauctionco.com
CORNERSTONE AUCTION & REALTY, INC.
JEFF OBERLING, MANAGING BROKER
217-242-3388
INFORMATION HEREIN IS BELIEVED TO BE ACCURATE BUT NOT WARRANTED.ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE
VERIFIED BY THE BUYER