15015 190th Ave. W, Reynolds, IL 61279 - Rock Island County

Friday, March 17, 2023 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

HOW TO PARTICIPATE IN A VIRTUAL ONLINE AUCTION

LOCATION

Rock Island County, Illinois

Physical Address: 15015 190th Ave W, Reynolds, IL 61279

The Lloyd farm is located 5 miles west of Reynolds, Illinois, or approximately 20 miles southwest of Rock Island, Illinois on the Mercer/ Rock Island County line. The farm is further described as being located in Section 31, T16N R3W, Edgington Township, Rock Island County, Illinois.

Lloyd Calendar

SELLER

Rayo Lloyd

MANAGED BY

Dale Jones (309) 299 6400

GENERAL INFORMATION

The land represents pasture and tillable land as well as wooded draws which is improved with a ranch style home, detached garage and outbuilding.

ADDITIONAL INFORMATION

Home, garage and pole building built in 2000

Deep well & septic in 2000

Home details:

Total Area: 26 X 60 (1560 sq. ft.)

Great Room - 22 X 25

Kitchen/Dining Area - 13 X 25

Full Bath & Laundry - 10 X 15

Bedroom - 10 X 19

LP gas forced-air furnace, LP tank rented, Central air, 200 amp electric service, Electric water heater, 4 deep crawl space, Recycled vintage woodwork throughout, Many skylights

Garage: 24 X 36 with 2 overhead doors & 2 walk-in doors, concrete floor

Pole Building: 24 X 36, 1 overhead door, 1 sliding door, 1 walk-in door, gravel floor

PRIVATE SHOWINGS BY APPROINTMENT ONLY

Call Auction Manager Dale Jones for showings: (309) 299-6400

TRACT INFORMATION

Tract 1 - 34.6 Taxable Acres

Ideal sized tract of land which offers endless possibilities including pasture/hay/tillable land and wooded draws which offer recreational opportunities.

The farm is improved with a ranch style, 1-bedroom, 1 bath home on a crawl space.

Additionally, the farm is improved with a 2 car detached garage and a nice 2 bay pole building.

FSA map indicates 17.86 HEL cropland acres

Productivity Index (PI): 103

Soil types include Sylvan, Radford, Hickory-Sylvan-Fayette, Greenbush, Hickory, Hickory-Atlas and Fayette

Rockridge School district

Access is along the south side by County Road RR (190th Ave W)

METHOD & TERMS

The Lloyd farm will be sold for the lump sum, total dollar amount. The acres are based on taxable acres and the farm will not be surveyed.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (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 Tuesday, March 28th, 2023. The seller will provide title insurance in the full amount of the purchase price. The 2023 real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject to a farm lease for 2023. The property sells with open farm tenancy for 2023! There are no hunting leases associated with the property.

Bidding is NOT subject to the following contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made 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.

AERIAL TOUR

PLAT MAP

CLICK HERE TO VIEW FSA INFO

AERIAL MAP

SOIL MAP

SUBJECT PHOTOS

Rayo Lloyd

Representing Attorney:

Eric J. Long | The Law Office of Eric J. Long

PO Box 251 201 W Main St. #2 Aledo, IL 61231 | (309) 582-0100

Auction Manager:

Dale Jones (309) 299 6400