On the Block: 3,379 acres of Farmland in Boone County, Illinois

Schrader Real Estate & Auction Company will manage the sale of the 48 tracts, which total some 2,900 tillable acres. “It’s possible that we will have some large investors seeking to purchase substantial amounts of land, but local farmers and investors seeking 100 acres or less will have an equal chance to buy the land they want,” says R.D. Schrader.

Located five miles east of Rockford, the tracts range in size from 2± acres to more than 200 acres and will be available for the 2012 crop year.

Date: 10:00 a.m. central time, November 19, 2011

Location: Community Building Complex of Boone County
111 W. 1st Street, Belvidere, Illinois 61008
Phone: (815) 547-3928

For more information:
Schrader Real Estate & Auction Company
(800) 451-2709
www.SchraderAuction.com

On the Block: 600+ Acres in Kentucky and Tennessee

Five tracts in Western Tennessee and Kentucky totaling more than 600 acres will be auctioned on October 27. In addition to a considerable recreational component, the tracts are heavily timbered. According to Roebuck Auctions founder John Roebuck, these tracts are ideal investment opportunities that feature great hunting. A past president of the National Auctioneers Association, Roebuck has spent more than three decades in the auctioneering profession.

The breakdown on the tracts by location is as follows:

• 243± acres in McNairy County, Tennessee
• 195± acres in Hardeman County, Tennessee
• 9± acres in Hardeman County, Tennessee
• 58± acres in Hardin County, Tennessee
• 103± Acres in Calloway County, Kentucky

More details on the tracts, which will be auctioned by Roebuck Auctions on Thursday, October 27, is available HERE.

Date:  Thursday, October 27, 2011 at 6:07 p.m. CDT

Location:
Selmer Airport Hanger (SZY)
2282 Airport Rd
Selmer, TN 38375

Roebuck Auctions
(901) 763-2825

On the Block: Kansas’s Twin Peaks Ranch

United Country Nixon Auction & Realty will auction the Twin Peaks Ranch on Monday, May 23. The historic 1,800-acre ranch will be sold in six parcels.

“Simply calling this property a ranch doesn’t do it justice. There is really no simple description to capture all that this property entails,” said John Nixon of United Country – Nixon Auction & Realty, who will be conducting the auction.

Located in Barber County, Kansas, the Twin Peaks Ranch can be found just west of Medicine Lodge and is easily accessible from Highway 160.

The six land tracts are as follows:

• Tract 1 – 800± acres. Twin Peaks pasture:  set up for grazing, good water supply, cross-fenced, 78 acres of cultivation, Hwy 160 access.

• Tract 2 – 400± acres: ponds, excellent grazing and hunting.

• Tract 3 – 400± acres: mineral rights included, excellent hunting, Cedar Creek runs the length, heavy timber, 70 acres cultivated, large deer and turkey populations.

• Tract 4 – 80± acres: fenced, water, excellent views, includes some heavy timber.

• Tract 5 – 80± acres: beautiful vistas, mostly CRP acreage paying $28/acre.

• Tract 6 – 40± acres: homestead with unfinished home, barn, sheds and pens, rural water, electricity, mineral rights included.

Mineral rights for Tracts 1, 2, 4 and 5 will sell following the real estate.

The auction will take place at the Nixon Auction House located on Highway 160 in Medicine Lodge on Monday, May 23 at 10 a.m.

John Nixon
TwinPeaksRanchAuction.com
United Country – Nixon Auction & Realty
(630) 886-3340

America’s Top Brokerages and Auction Houses: Farmers National Company

Farmers National Company was begun in 1929—historically not a banner year for starting new businesses, but over 80 years have passed and the company is thriving. Originally, the company’s core business was farm management, and today it’s the largest, fastest-growing and most successful farm management company in the U.S. The full-service real estate company offers traditional listing services as well as auction services.

Where: Headquartered in Omaha, Nebraska. Operates in 23 states, covering a wide swath of the middle of the country. Its newest office was just added in Washington state.

Why: “We completed nearly 200 successful auctions of over 41,000 acres in 2010,” say Lee Vermeer, VP of Real Estate Operations. The sheer reach of Farmers and impressive closed sale numbers are overwhelming.

Wow: “Farmers National Company has sold over 2,600 farms and ranches and completed 750 successful auctions, resulting in over $1.25 billion in sales in the last four years,” says Vermeer. “We have over 200 licensed agents, all of whom can offer full auction services.”

Farmers National Company
$135 million (2010 auction revenues)
www.farmersnational.com

The Land Report Spring 2011

NFL Hall of Famer Joe Montana headlines the Spring 2011 issue of the Magazine of the American Landowner with an exclusive interview. Travel to Sonoma County for a behind-the-scenes look at Villa Montana, the stunning 503-acre estate that has been the Montana family’s wine country getaway since Joe’s retirement from the NFL.

Also in the spring issue, a Special Report on America’s Top 30 Auction Houses. This annual rundown features the nation’s leading auctioneers and is an indispensable resource for anyone thinking of investing in land.

Each issue of The Land Report can be accessed via your laptop, on your iPad or iPhone, with your Blackberry, as well as on your Android.

Click HERE or just type in the following URL: http://read.dmtmag.com/issue/27294.

 

On the Block: 41.92 Acres in Virginia’s Loudoun County

41.92± acres in Virginia’s Loudoun County will be auctioned on July 21 at 1:00 p.m. Loudon County is one of the fastest growing counties in the U.S. The home of Dulles International Airport, it is located approximately 25 miles from the nation’s capital. The property is located in the Lansdowne development and is zoned Planned Development Active Adult Age Restricted (PDAAAR). The property is being sold as the result of partnership dissolution of the developers of Leisure World of Virginia, which had received approval from Loudoun County for low-rise and high-rise structures for 2,278 units. To date, 1,113 units have been completed, which leaves 1,165 units remaining to be built on the two undeveloped parcels.

Auction Type: Absolute
Auction Date: Wednesday, July 21
Auction Time: 1:00 p.m.

Property Description:
19400 Leisure World Blvd., Landsdowne, VA
44219 Slatestone Ct., Leesburg, VA.

For more information, call Tranzon Fox at (888) 621-2110 or visit www.tranzon.com.

On the Block: 1,600 acres of Illinois Farmland Sept. 10

VeraSun Energy will auction approximately 1,600 acres of Illinois farmland on Sept. 10 with Schrader and Westchester auction companies managing the sale.

The land, located in Montgomery, Madison, and Vermilion counties, consists primarily of high-quality tillable farmland, including some located in areas that offer potential for industrial and commercial development.

The sale is being conducted as part of VeraSun’s efforts to maximize the return for its creditors as part of its Chapter 11 reorganization. The company had acquired the land over the years in support of its ethanol-related businesses.

“Because of the stability of farmland prices relative to prices of other assets in recent months, owners have been reluctant to sell their land. As a result, there have been fewer opportunities to obtain high-quality tillable land. By selling it in tracts, we will enable smaller bidders to participate on an equal footing with larger ones. In fact, 15 of the 25 tracts are 50 acres or less, and no tract is larger than 250 acres,” said Rex Schrader, president of Schrader Real Estate & Auction Company.

Properties to be sold include:

• Approximately 487 acres in Litchfield, in Montgomery County. The property, which is primarily tillable farmland,  will sell in 11 tracts ranging from approximately two acres to approximately 83 acres. It is primarily tillable farmland.
• Approximately 380 acres in Granite City, selling in eight tracts ranging from approximately 1.2 acres to approximately 230 acres. The tracts, located two miles from I-270, include two homes and have rail access.  The tracts include land near a new Lowe’s and Wal-Mart.
• Approximately 733 acres in Danville, selling in six tracts ranging from approximately 35 acres to approximately 250 acres.

The auctions will be held in two sessions. At 9 a.m., the Montgomery and Madison county properties will be sold at Staunton Knights of Columbus Hall in Staunton, Ill. The Vermilion County land will be sold at 6 p.m. at Beef House restaurant near Covington, Ind.

Individuals seeking additional information can visit www.schraderauction.com or call 800-451-2709.

On the Block: 170 Acres in Marion County, Illinois

Update: The complete tract of land went unsold during the brief auction. The first tract at 50 acres was passed on at $120,000, the second tract at 40 acres was unsold at $96,000, and the third tract at 80 acres was unsold at $192,000. A combination of all three tracts was passed on as well.

170 acres, broken up into three tracts of 50, 40 and 80 acres, goes on the block Saturday in Marion County, IL. The land can be used both for hunting and CRP income. Buy A Farm Land and Auction Co. will host the bidding.

The minimum opening bids on the property start at $2,400 an acre.

Located on Blackburn Road, 15 minutes from I-57 in Centralia, the property could be a solid buy if you happened to scoop up all three parcels. Each has a decent CRP income; they total about $6,500 per year. According to the listing, deer abound on the property.

This would make a nice long weekend retreat for hunters in St. Louis or Chicago.

Bids will be taken at the Iuka Grade School or online. 10% down is required at the end of the auction with the balance at closing.

Illinois Land Auction Gins $24 Million

A crowd of 800, including 250 bidders, gathered at the Crowne Plaza in Springfield on Jan. 21 and spent more than six hours and $24 million to acquire 4,000 acres of prime Illinois farmland. Read more