LOCATION
Henry County, Illinois
The Mattson Estate farms are located approximately 4.5 miles west of Galva, IL. Tract 1 is located along Highway 34. Tract 2 is located along E 1570th St. and N 200th Ave. and is further described as being located in Sections 26 & 27, T14N-R3W, Weller Township, Henry County, Illinois.
SELLER
Robert A. Mattson Estate
MANAGED BY
Isaac Taber (309) 335-8081
Dan Sullivan
OPEN HOUSE DATES
Thursday, October 16 4:00 PM - 5:00 PM
Saturday, October 25 1:00 PM - 2:00 PM
GENERAL INFORMATION
132.61 acres (subject to survey) 3 tracts
These tracts represent productive tillable farmland, pastureland, and a small acreage with a nice home and multiple outbuildings in Henry County, IL.
TRACT INFORMATION
Tract 1 - 79.68 acres (subject to survey)
FSA figures indicate 73.87 cropland acres currently row crop production
Productivity Index (PI): 130.8
Soil types include Buckhart, Elkhart, Osco, Ipava
Access is along US Hwy 34
Tract 2 - 50.43 acres (subject to survey)
FSA figures indicate 37.9 cropland acres
Productivity Index (PI): 109.9
Soil types include Sylvan, Osco, Hickory-Atlas
Access is along N 200 Ave and E 1570th St.
Tract 3 - 2.5 acres (subject to survey)
2 story home (approx. 1,400 sq. ft.)
3 bedrooms, 1 bathroom
Central Air/Natural Gas
Detached 2 car garage
40 x 60 Morton building
4 more misc. buildings
Access along US Hwy 34
METHOD & TERMS
The Robert A. Mattson Estate real estate will be sold in 3 individual tracts. Tracts 1 & 2 will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will continue to be offered Buyers Choice until all tracts have been elected. Tract 3 will then sell by the lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.
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 Friday, December 5, 2025.
The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes, due and payable in 2026, through a credit at closing. Possession at closing subject to an existing lease for the 2025 crop year only. Open lease for 2026 crop year.
Bidding is NOT subject to any 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, pertaining to this property. Real estate is being sold AS IS.
REAL ESTATE TAX INFORMATION
Tract 1
23-26-300-004- $6,136.82
Tract 2
23-27-200-001 - $1,539.46
Tract 3
23-26-300-004 (Tax Parcel combined with Tract 1)
Representing Attorney:
Reynolds M. (Rip) Everett | Barash & Everett, LLC
110 N. Exchange Street, Galva, Illinois 61434 | (309) 932-2001
Auction Managers:
Isaac Taber (309) 335-8081
Dan Sullivan