Friday at - 11th December , 2020
IROQUOIS COUNTY, ILLINOIS LAND AUCTION
Land is located 2 miles north of Wellington, IL on Highway 1, then ½ mile west on County Road 500 N.
Auctioneer’s Note: Here is a great opportunity to invest in quality Illinois farm land in Iroquois County, Illinois.
Bidding Opens: Friday, December 11
Bidding Closes: Friday, December 18, 2020 at 1PM
232 Acres M/L – SELLS IN 2 TRACTS
Tract #1 – 100 Acres M/L – (Subject to final survey)
Approx. 99 acres tillable
Crop Productivity Index: 131.9
Productive soils include: Milford & Lisbon
Located in Section 10, Lovejoy Township, Iroquois County, Illinois.
Part of Tax parcel: 40-10-100-001
Tract #2 – 132 Acres M/L – (Subject to final survey)
Approx. 110 acres tillable
Crop Productivity Index: 131.7
Productive soils include: Lisbon, Milford, Saybrook & Sawmill
Located in Sections 9 & 10, Lovejoy Township, Iroquois County, Illinois.
Part of Tax parcel: 40-10-100-001 & 40-09-200-002
FSA indicates: 213.3 acres tillable on the entire farm.
Terms: 10% down payment of the purchase price on December 18, 2020. Balance of the purchase price due at closing with a projected date on or before January 19, 2021. Personal check, ACH, wire transfer or cash is acceptable for down payment; balance shall be paid by cash, certified check or wire transfer. 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 real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. Farm sells free & clear for the 2021 crop year. Immediately following the auction of the real estate, the successful buyer(s) shall enter into a written contract with the seller, this shall take place through email & electronic document signatures. Said contracts will be available for review prior to the auction.
John & Pennie Rothgeb and Denny & Jane Hackett
Closing & Representing Attorney:
Fehseke & Gray Law Offices, Ft. Madison, IA - 319.372.7181
For information contact Steffes Group at 319.385.2000 or 309.368.7748
Tim Meyer: Illinois Licensed Auctioneer #441.001748 - Illinois RE Managing Broker #471.006809. 2245 East Bluegrass Road, Mt. Pleasant, IA
TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.
International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.
Steffes Auctioneers Inc.
2000 Main Avenue East
West Fargo ND 58078-2210
Phone: (701) 237-9173(701) 237-9173
Toll Free: (800) 726-8609(800) 726-8609
Fax: (701) 237-0976
Scott Steffes ND81 & MN14-51
Bob Steffes ND82 & MN14-09
Brad Olstad ND319 & MN14-70
Clark Sather ND463 & MN54-05
REAL ESTATE MARKETING
Scott Steffes, Broker
Rodney Steffes, Licensed Sales Associate
Geri Paul, Licensed Sales Associate
Ashley Huhn, Licensed Sales Associate
Steffes Auctioneers Inc
24400 MN Highway 22 South
Litchfield, MN 55355
Phone: (320) 693-9371(320) 693-9371
Fax: (320) 693-9373
Email: [email protected]
Eric Gabrielson, MN47-006, ND890
Ashley Huhn, MN47-002, ND843
Randy Kath, MN47-001, ND894
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