Land Auction – 78.81 Surveyed Acres – 1 Tract – Knox County, IL

Sold At Auction:

1 Tract – $10,250 Per Acre

LAND AUCTION

78.81 SURVEYED ACRES – 1 TRACT

CEDAR TOWNSHIP – KNOX COUNTY, IL

AUCTION VENUE: Abingdon American Legion, State Route 41 South, Abingdon, IL 61410.

WEDNESDAY, FEBRUARY 20, 2019

AT 10 A.M.

PRODUCTIVE CROPLAND – 139.2 PI RATING!


FARM LOCATION: The Williams Farm is located at 695 Knox Road 350E, Abingdon IL 61401, 1.5 miles east of Abingdon on the Delong Road (Knox Road 700N) or one-half mile east of the Abingdon Gavilon Grain Elevator on Knox Road 650N.The property has frontage on Knox Roads 350E, 650N and 700N.  

PLAT LOCATION: 78.81 Surveyed Acres, subject to final survey, located in the West Half of the Northeast Quarter of Section 34, Cedar Township (T.10N-R1E.), Knox County, Illinois.

DESCRIPTION: The farm lies level to undulating and presently includes 74.03 FSA tillable acres.   Primary soil types of the cropland are Osco and Ipava silt loams with a strong Productivity Index Rating of 139.2! The balance of the acreage consists of grass waterway and an older grain bin. The farm is exceptionally well located and offers an excellent opportunity to farm operators and investors.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 20, 2019. Possession will be given at the closing subject to the rights of the cash rent tenant for the 2019 crop year. The buyer will assume the landlord’s position in the lease and receive the 2019 cash rent. Title insurance will be provided. The 2018 real estate taxes payable in 2019 will be paid by the sellers. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.

View the full listing online @ www.vanadkisson.com


THOMAS R. WILLIAMS

Attorney: James E. Skinner, Galesburg, IL 61401- Ph. 309/343-9964

 

Auctioneers: Van Adkisson and Jeff Gregory

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com

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