Mike Sullivan Land Sales - Charles K. Rose Estate
Mike Sullivan Land Sales - Charles K. Rose Estate

Charles K. Rose Estate

Tuesday, December 15 at 1:00 pm

AUCTION TO BE HELD AT SULLIVAN & SON AUCTION AND EVENTS CENTER, 8 MILES SOUTH OF CARTHAGE, IL ON 336 EXPRESSWAY

 

SOLD

80 acres @ $4,100 per acre

Total - $328,000.00

 

The Rose Estate Farm is located in the East Half of Section 36, Keene Township, Adams County, IL. From Loraine, IL, take Highway 61 east 4 miles to Bigneck (County Blacktop E1850th St.) then 2 miles south and 1/2 mile east on
N2400th Ave. The farm contains 80 acres, more or less, with approximately 26 acres of tillable farmland, 18 acres of CRP and 36 acres of timber. The tillable portion of this farm is mostly level with Keomah, Clarksdale and Rozetta soils, and sells subject to a farm lease for the 2016 farming season. The cash rent of $180.00 per acre will be paid to the buyer. The buyer will also receive the yearly CRP payment of $128.00 per acre, which continues through 2021. The timber contains many nice hardwood trees and possibly some marketable size White and Black Oak trees. This is a very nice tract of timber with abundant deer, turkey and small game. Prospective buyers have full permission to walk (or drive if the ground is suitable) over the tillable and CRP acres. Out of respect to a family member who is currently hunting this farm, we ask that you contact the Auction Company before entering the timber. There will be no one permitted on this property during the first shotgun deer season, November 20, 21 & 22.

TERMS:

The farm will be sold on a price per acre basis and based on 80 acres more or less. Ten percent of the bid price to be paid on day of sale with the balance due on or before January 22, 2016 upon delivery of deed. Title Insurance in the full amount of the purchase price will be furnished by the seller. The 2015 real estate taxes, which are due in 2016, will be paid by the seller. As mentioned in the General Information, this farm sells subject to a cash rent lease for 2016 and CRP contract through 2021. Immediately following the auction, the successful buyer shall be required to enter into a written purchase agreement with the seller. A copy of said contract may be examined prior to the auction by contacting William Siebers, 217-223-3444, Attorney for Seller. All announcements made at the auction shall supersede any prior advertising.

CHARLES K. ROSE ESTATE

MICHELLE LOEWE, EXECUTOR

ATTORNEY FOR SELLER - William L. Siebers

Scholz, Loos, Palmer, Siebers and Duesterhaus • 625 Vermont, Quincy, IL 62301 • 217-223-3444