METHOD & TERMS
The Allen Real Estate will be sold in two (2) individual tracts based on the taxable acres. Tract 1 will be sold first on a price per acre basis. Tract 2 will then be sold for a lump sum total dollar amount. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten per- cent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing, which will take place on or before December 29, 2022. Seller will retain all the 2022 farm income and pay the 2022 real estate taxes, due and payable in 2023. The buyer will be responsible for the 2023 and all subsequent taxes. Title insurance in the full amount of the purchase price will be provided by the seller. Possession will be given at the time of closing, subject to a farm crop tenancy for 2022 only. Bidding is NOT subject to any contingencies, including but not limited to, financing, an appraisal or inspection of the property. All announcements made on sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS.”
PERSONAL PROPERTY AUCTION BIDDING CLOSES: TUESDAY, NOVEMBER 29 TH , 2022 STARTING AT 3:00 PM CT
• Bantam C-451 excavator , showing 6008 hrs., SN 433, this item is located at the farm – 692 300th St., New Windsor, IL • 1977 Case 1570 2wd tractor , 3517 hrs., SN 8820657 • 1964 John Deere 3020 2wd tractor , diesel, JD 148 loader, 8,787 hrs., SN 11T55282 • 1967 John Deere 3020 utility 2wd tractor , gas, JD 46A loader, 4,922 hrs., SN T141R098395R, needs work – this item is located at Lynn Implement in Lynn Center, IL. • John Deere X585 Special Edition MFWD lawn mower , 806 hrs., SN M0X585E040060 • Brady 10’ pull type chisel plow • John Deere 709 7’ 3pt rotary mower • Danuser 3pt post hole digger , 540 PTO, 12” auger • (6) rolls of Red Brand barbed wire • (2) rolls of Red Brand 47” woven wire • Other fencing material • 2002 Chevrolet Silverado 1500 LS ext. cab 4X4 pickup , 183,000 mi., VIN 2GCEK19T621119147 • 2002 Interstate 8’x26’ enclosed cargo trailer • Kenner Boats Ski Barge 16’ fiberglass boat with Easy Trail single axle boat trailer • 1987 Honda ATC 250 3-wheel ATV , no title, non-running • Mini quad runner , no title, non-running • Antique horse-drawn Red Crown Standard Oil Co. petroleum tanker
• Amoco 8’x5’ oval double-sided exterior lighted sign • Westinghouse WB174-B5-D Coca-Cola pop machine • Metal Gabriel shock absorber cabinet • Trico wiper washer hose display rack • Goodyear 12” round wall clock • (2) vintage Silver Beauty fully automatic 6 & 12-volt battery charger • Rotary model SPOA9-200 9000 lb. cantilever style auto lift , SN SPA00B1358 (to be removed by purchaser) • Curtis 200PSI HD upright 80 gal. air compressor (to be removed by purchaser) • Coats Rim Clamp 5065E pneumatic tire machine • Coats 310 floor mounted bead breaker • Cemb K10 tire balancer • Bos Tool Co. hydraulic tire de-mounter • Snap-On 5-drawer roll around tool cabinet w/5- drawer top cabinet • ES 700A 6 &12 volt battery tester • Snap-On MT926 multimeter ohmmeter/voltmeter • KAL-10 timing light • Several NOS tires to include automotive , lawn, and farm implement tires • Large quantity of name brand hand tools and wrenches, automotive and farm collectible, automotive repair tools 150/300/500 and 1,000 gall. fuel tanks, plus many other items!
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