Land Auction – 24.06 Acres – 1 Tract in Knox County, IL
Friday, December 10, 2021 1:30 pmAuction Location:
Knox Agri Center, 180 S. Soangetaha Road, I74 at East Main St. Exit #48, Galesburg, Illinois 61401
Seller:
MICHAEL & KAREN MARTIN
Sold:
$11,150 Per Acre
LAND AUCTION
24.06 TAXABLE ACRES
HENDERSON TOWNSHIP – KNOX COUNTY, IL
AUCTION LOCATION: Knox Agri Center, 180 S. Soangetaha Road, I74 at East Main St. Exit #48, Galesburg, Illinois 61401
FRIDAY, DECEMBER 10, 2021
AT 1:30 P.M.
PRIME CROPLAND- GREAT DEVELOPMENT POTENTIAL
PROPERTY LOCATION: 24.06 taxable acres contiguous to and south of the Castlebury Estates residential subdivision located along South Lake Storey Road in Section 33, North Henderson-Galesburg City Township (T.12N.-R.1E.), Knox County, IL. The acreage has access from a dedicated lane running south of S. Lake Storey Road just west of Route 150 as well as access from Castlebury Place and Buckingham Streets in Castlebury Estates.
DESCRIPTION: The property lies level to undulating, is mostly all tillable and consists of highly productive Ipava and Osco silt loam soils with a PI rating of 134.9. The tract offers outstanding agricultural and development investment opportunities to the new owner. We invite prospective buyers to inspect the property and to be prepared to purchase at the auction.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before December 30, 2021. Possession will be given at the closing. Title insurance will be provided. The 2021 real estate taxes payable in 2022 will be paid by the seller. The sale is not contingent upon financing. Bidders must have financing arrangements made prior to participating in the auction. All statements and representations herein are believed to be correct, however, the seller 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 sellers and assumes no liability of any kind with the property being sold.
