AUCTION INFORMATION
172.24± Acres – Sells in 5 Tracts
Tract 1 – 84.40± Acres
- FSA indicates: 20.06 cropland acres.
- Balance being pasture and timber.
- Productivity Index (PI): 121.3 on cropland acres.
- Majority soil types include Rozetta, Stronghurst & Fayette.
- Buildings include: 45’x75’ shed with 3 horse stalls, 26’x46’ barn & 2 other smaller buildings.
- This tract is within the Village of Hampton limits and is zoned R-1 Single Family Residential.
- The property has electric and a well.
- Located in Section 17, Hampton Township, Rock Island County, Illinois.
- Tax Parcel: 09-17-400-001 = $2,084.80 (2023 Taxes Payable in 2024)
- Included: Any item present on the day of final settlement.
- Not included: Several piles of wood posts inside barn.
- View FSA 156 EZ Form
- View Tract 1 - FSA Field Map
- View Tract 1 - Soil Map
Tract 2 – 67.60 Surveyed Acres
- FSA indicates: 30.21 cropland acres.
- Balance being pasture and timber.
- Productivity Index (PI): 119.2 on cropland acres.
- Majority soil types include Rozetta, Stronghurst & Fayette.
- Zone Code: SE2
- Located in Section 17, Hampton Township, Rock Island County, Illinois.
- Tax Parcel: 09-17-400-004 = $1,206.80 (2023 Taxes Payable in 2024)
- Included: Storage trailers.
- Not included: Cattle corral system.
- View Tract 2 & 3 - Survey
- View FSA 156 EZ Form
- View Tract 2 - FSA Field Map
- View Tract 2 - Soil Map
Tract 3 – Country Acreage on 5 Surveyed Acres
2516 158th Street N, East Moline, IL 61244.
Acreage
This stunning two-story brick home, built in 1980, offers 3,456 sq. ft. of space, plus an additional 1,920 sq. ft. in the finished walk-out basement. Featuring 3 spacious bedrooms, 4 ½ baths, 3 fireplaces, 2 large sunrooms & 2 detached buildings. Hardwood and tiled floors throughout, this secluded property is perfect for comfort and versatility.
Key Features:
- Main Level: An inviting open stairway entry leads to a formal living room with a fireplace and a formal dining room. The kitchen includes a dining area, while the sunroom adjacent to the dining space provides a serene retreat. A second casual living area with a second fireplace is adjoining to the kitchen & dining space. Convenient laundry room, full bathroom, office with hardwood floors, and a half-bath complete this level.
- Upper Level: The main suite boasts hardwood floors, a fireplace, an ensuite bath, and ample closets. Two additional bedrooms, full bathroom and finished storage space round out the upstairs.
- Finished Walk-Out Basement: Offers a bedroom, bathroom, sunroom, utility room with dual Lennox gas furnaces and central airs, and several versatile spaces for recreation or storage.
Outdoor Amenities:
- A heated attached 3-car garage.
- Two outbuildings (36’x40’ and 24’x56’) with steel lined interior, Carrier heating/AC units and 12’x10’ overhead doors.
- Three lawn sheds and a dog run.
Other Amenities:
- Property is supplied by Mid American electric & gas and a well.
- Zone Code: SE2
- Included: Water softener system, Any item present on the day of final settlement.
- Not included: Horse light fixture in upstairs bedroom (will be replaced with a standard light fixture), All personal property.
- Tax Parcel: 09-17-400-005 = $10,289.56 (2023 Taxes Payable in 2024)
- View Tract 2 & 3 - Survey
Tract 4 – 10.02 Surveyed Acres
- Potential building site, located at the corner of County Road 52 and 20th Ave N.
- Zone Code: SE2
- Tax Parcel: 09-20-200-006 = $3,177.84 (2023 Taxes Payable in 2024)
- View Tract 4 - Survey
Tract 5 – 5.22 Surveyed Acres
- Potential building site, located along 20th Ave N.
- Zone Code: SE2
- Tax Parcel: 09-20-200-008 = $33.16 (2023 Taxes Payable in 2024)
- View Tract 5 - Survey
Terms: 10% down payment of the purchase price on January 14, 2025. Balance of the purchase price due at closing with a projected date on or before February 28, 2025. Personal check, ACH, wire transfer or cash is acceptable for down payment; balance shall be paid by cash, certified check, or wire transfer. Title Insurance in the full amount of the purchase price will be provided by the Seller. Seller shall pay the estimated 2024 real estate taxes due and payable in 2025 as a credit at closing/final settlement. Possession will be given at the time of closing/final settlement. Immediately following the auction of the real estate, the successful Buyer shall enter into a written contract with the Seller, this shall take place through email & electronic document signatures. Said contracts will be available for review prior to the auction.
Special Provisions:
- This online auction will have a 5% buyer’s premium. This means a buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
- Tracts will be linked together with the bidding set to close simultaneously. If a bid is placed with less than 4 minutes left, the time on all the tracts linked together will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. Each Tract will stay in bidding extension until there are no more bids placed on any of the Tracts that are linked together.
- Down payment is due on the day the bidding closes and signing of the real estate contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the down payment/earnest money will be due the following business day.
- Land is selling free and clear for the 2025 farming season.
- It shall be the obligation of the Buyer to report to the appropriate County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs.
- Tract 1 will be sold by the acre with Assessed Acres being the multiplier used to determine the total bid amount. Seller shall not be obligated to furnish a survey on Tract 1.
- Tracts 2, 4 & 5 will be sold by the acre with Gross Surveyed Acres being the multiplier used to determine the total bid amount. A survey was completed in 2012 and 2016.
- Tract 3 will be sold lump sum price. A survey was completed in 2012.
- The Buyer of Tract 3 shall be responsible for and bear the expense of any necessary inspections, upgrades, repairs, or other matters pertaining to the septic system to ensure compliance with applicable State and County laws and regulations.
- This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
- If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
- The Buyer shall be responsible for any fencing in accordance with state law, unless prior fencing agreements exist.
- The Buyer shall be responsible for installing his/her own entrances if needed or desired.
- If in the future a site clean-up is required, it shall be at the expense of the Buyer.
- All mineral rights, if any, held by Seller will be transferred to Buyer upon closing.
- This real estate is selling subject to any and all covenants, restrictions, encroachments, easements, rights-of-way, ordinances, resolutions, leases, and mineral reservations, as well as all applicable zoning laws.
- All lines, drawings, boundaries, dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
- The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
- Steffes Group, Inc. is representing the Seller.
- Any announcements made or published the day of auction take precedence over advertising.
