($1,780,870.20 Total Sale)             

Parcel 1:  30.28 acres sold for $4170 per acre

Parcel 2:  199.53 acres sold for $2490 per acre

Parcel 3:  143.01 acres sold for $1510 per acre

Parcel 4 (tillable ground): 201.01 acres sold for $3550 per acre

Parcel 5:  79.39 acres sold for $3110 per acre

PUBLIC AUCTION OF:  

McKay/Bixby Farm

647.22 ACRES, MORE OR LESS

FARM LAND, HUNTING AND RECREATIONAL ACREAGE MANY LAKES, SOME LAND ZONED M1 WITH RAIL ACCESS

 Saturday, November 26, 2005

    Beginning Promptly at 1:30 p.m.

The undersigned will offer the below described farm real The undersigned will offer the below described farm real estate.  The sale is to take place at the The Winner’s Circle Banquet Room, (located at 109 E. Orange Street, Geneseo, Illinois.  The southern portion is located east of Atkinson on US Hwy 6 approximately one mile.  The northern portion is located north of Atkinson one quarter mile, then east on County Hwy 22 two miles. 

PROPERTY TO BE OFFERED IN THE FOLLOWING PARCELS:

PARCEL 1:  30.28 acres, more or less, located south of with frontage US Route 6 in section 36, Atkinson Township.  Approximately 18.55 acres of this parcel is cropland and approximately 9.9 acres is tillable, the balance in timber/pasture.  Improvements include a large livestock barn and steel machine shed.  This would make a great small farm or place for a residence.  

 PARCEL 2:  199.53 acres, more or less, located with frontage on County Road 22 north and east of Atkinson in sections 25 and 36 of Atkinson Township and sections 30 and 31 of Alba Township.  This parcel is heavily wooded with many lakes including one measuring nearly ten acres in size.  Improvements on this parcel include a large camping and fishing area known as “Picnic Point”.   This area borders the largest lake.  This parcel has a reputation for being one of the best hunting and fishing locations in the area.  Deer, ducks, geese and all other types of wildlife abound!

 PARCEL 3:  143.01 acres, more or less, located in sections 36 of Atkinson Township and section 31 of Alba Township.  This parcel is primarily pasture with the exception of two large duck and geese marshes, and several small, deeper lakes at the east end of the property.  Great for grazing or hunting, it is a bird hunter’s paradise!

 PARCEL 4:  201.01 acres, more or less, located in section 36 of Atkinson Township and section 31 of Alba Township.  Approximately 187.98 acres of this parcel is cropland.  It has been well farmed and managed by the same tenant for many years and is in an excellent state of productivity.   For an add-on or investment this farmland would be excellent.  Access to this parcel is off US Route 6.

 PARCEL 5:  73.39 acres, more or less, located in section 36 of Atkinson Township.  A portion of this parcel is zoned M1 and the entire parcel borders the railroad.   Approximately 12 acres is cropland and approximately 8 acres is tillable, and in a good state of productivity.  The balance is heavily wooded and includes a large meandering lake that has the reputation of being one of the best fishing spots in the area.  Access to this parcel is off of US Route 6.  

METHOD OF SALE:  PARCEL 1 WILL BE OFFERED BY ITSELF, AND NOT IN COMBINATION WITH THE OTHER PARCELS.  NEXT PARCEL'S 2, 3, 4, AND 5 WILL BE OFFERED INDIVIDUALLY AND THEN COMBINED AS A WHOLE, SELLING FOR THE HIGHEST BID PRICE.  BIDDING ON ALL PARCELS WILL BE BY THE ACRE, MINIMUM BID RAISES $10 PER ACRE.

ASCS Information: Crop Land 217.4 Acres, Corn Base   206.0 Acres, Yield:  126 bushels per acre.  Bean Base 11.4 Acres Yield: 41 bushels.

TERMS: 10% down the day of sale.  Possession and final settlement will be on December 28, 2005. Warranty Deed and Title Insurance showing merchantable title will be provided to the buyer.  Taxes for 2005 will be paid by the Seller.  All subsequent taxes will be paid by the Buyer. A complete survey will be provided at the seller’s expense.  Exact acreage could change after survey is completed.  The successful bidders will be required to sign a purchase agreement immediately following the auction. A copy of the required contract is available from Roy Holmstrom or Attorney Kurt Horberg.  The property is being sold free and clear of any encumbrances.  Property is sold  “AS IS, WHERE IS” free of any expressed or implied warranties by either the seller or the auction company as to the condition of the property.  Announcements made the day of the sale take precedence over any prior information whether written or oral. The information contained in this brochure is believed to be accurate, but is subject by verification by all parties relying on it.  No liability for its accuracy is assumed by the seller or the auction company. ID required.

AUCTIONEER’S NOTE: The farm has obvious farming, recreational, hunting, and residential possibilities.  The farmland is productive, the timber is picturesque, and wildlife abounds. This is one of the best hunting, fishing, and recreational acreages to be offered this fall. 

OWNER’S: Kelley McKay, Gary Kevin McKay, and Shawn McKay

Auction Conducted by: Roy Holmstrom Auctioneering and Real Estate, Geneseo, Illinois (Illinois License # 440.000287)

To inspect the premises or for MORE information, contact Roy Holmstrom 309-944-4734 or Tim Holmstrom 309-944-6423.  For more information look at HolmstromRealEstate.com

Attorney for the Seller: Kurt J. Horberg, Cambridge, Illinois (309-937-3339)  

Farm Manager: Windship Farm Management (309-342-2800)  

THIS INFORMATION IS BELIEVED TO BE ACCURATE BUT NOT GUARANTEED.

NOT RESPONSIBLE FOR ACCIDENTS THAT MAY OCCUR.

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