Auction Gallery

Logan Co Land Auction 66+/- Acres

A portion of “The Jewel (Ryan) Foster Farm”
LIVE & ONLINE BIDDING AVAILABLE
66 +/- Acres (Subject to final survey)
WWW.KELSORHOADES.COM
WWW.PROXIBID.COM/KELSORHOADES
Auction Date/Time: Monday, December 14, 2020 @ 10:30 a.m.
Auction Venue: Farmhouse Event Center | 120 E. 5th Street | Delavan, IL
Property Location/Information: The Jewell (Ryan) Foster farm is located approximately 2 miles East of
San Jose, at the SE corner of US Hwy 136 & 200TH Avenue. The farm features great frontage along US
Hwy 136, with access from the West, along 200TH Avenue. This productive farm features Class A soils
and is over 95% tillable.
Please note that the FSA records include additional acreage and are not an accurate representation of
what is being sold. This farm will be surveyed and offered for sale at public auction in one tract.
Logan County Parcel # 17-004-001-00
Annual Taxes (Based on 2019 figures): $6,955.18
Tract 1 of the “Jewell (Ryan) Foster Farm”
-Great frontage along US Hwy 136
-Access from the West, along 200TH Avenue
-66 +/- Acres (Subject to final survey)
-Approximately 63.2 +/- tillable acres, with the remaining acreage consisting of ditches and 2.1635
acres in the right of way of US Hwy 136.
-Predominant Soils: Tama Silt loam, Drummer Silty Clay Loam, Ipava Silt Loam & Knight Silt Loam.
-Productivity Index of 138.8

Terms of Sale:
This portion of the Jewell (Ryan) Foster farm will be sold in in one tract.
The sale of this property is being made with no financing, appraisal, or inspection contingencies, and
are being sold “as-is”, with no warranties or guarantees. The successful bidder(s) will be required to
execute a real estate sales contract immediately following the sale. A non-refundable deposit, equal
to 10% of the purchase price, will be collected from the successful bidder(s) at the time of signing this
contract.
The farm is being sold with full tenancy and farming rights for the 2021 farming season.
Closing will take place on, or before, January 19, 2021. The seller will pay for all title search fees and
at closing will issue a Commitment for Title Insurance to the buyer, in the amount of the purchase
price, ensuring to the buyer that the property is being sold clear of any defects or liens. The seller will
also pay for preparation and transfer of the deed, transfer taxes, one-half of the actual closing fee,
and at closing will credit the buyer for the entirety of the 2020 real estate taxes, payable in 2021.
They buyer(s) will be responsible for the entirety of the 2021 property taxes that are due and payable
in 2022.
All announcements made on the day of the sale will take precedence over anything previously
printed. The seller reserves the right to reject any and all bids. All maps and measurements are based
on information readily available from the Logan County Assessor’s Office and the Logan County FSA
Office. All boundary lines are considered to be approximate and are subject to the final survey, which
will be completed prior to the sale date. Buyers should do their due diligence prior to bidding.