Auction Results

Real Estate Auction – 79.67 Surveyed Acres (M/L) – 2 Tracts – Knox County, IL

Saturday, February 3, 2018

Auction Location:

Abingdon American Legion, 546 Route 41 South, Abingdon, IL 61410

Sold @ Auction:

Tract 1 – $5,700 Per Acre

Tract 2 – $50,000

REAL ESTATE AUCTION

79.67 ACRES (M/L) – 2 TRACTS

KNOX COUNTY, ILLINOIS

AUCTION LOCATION: American Legion, 546 Route 41 South, Abingdon, IL 61410

SATURDAY, FEBRUARY 3, 2018

AT 10 A.M.

FARM LOCATION: 446 Knox Road 500E, Abingdon, IL 61410, located 3 miles East of Abingdon on Knox Hwy. 23 (turn East onto Martin Street from Route 41) to Knox Road 500E then one-half mile South in the North Half of the Southeast Quarter of Section 11, Indian Point Township (T.9N.-R.1E.) Knox County, Illinois.

TRACT 1 – 77.42 ACRES +/-

The parcel lies level to gently rolling and presently consists of approx. 61 tillable acres. The balance of the acreage includes well-maintained waterways, grassland, timber and a creek. Predominant cropland soil types are Rozetta, Osco, Greenbush and Ipava silt loams; PI rating – 121.5. The farm has been well maintained over the years with the installation of tile, dry dams and waterways. The property has all-weather blacktop road frontage and offers several potential home building sites.

TRACT 2 – COUNTRY HOME & STEEL BUILDING ON 2.25 ACRES

The home site consists of 2.25 acres +/- and features a One-Story 1200 Sq. Ft. Three-Bedroom Residence w/ full basement and attached 23’x30’ drive-thru garage. The main level includes a living room w/ fireplace, kitchen, full bath and three bedrooms. The home also features a newer Trane LP gas furnace and central air unit; and 4 newer overhead garage doors. The 40’x60’ steel frame metal clad storage building offers ample storage. The acreage has blacktop road frontage and is located less than 4 miles from Abingdon!

OPEN HOUSE: SATURDAY, JAN. 20TH – 11 A.M. to 1 P.M.

 

TERMS OF SALE: The tracts will be sold individually in order. Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due on or before March 7, 2018. Possession will be given at the closing. Title insurance will be provided. The 2017 real estate taxes payable in 2018 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 sellers and assumes no liability of any kind with the property being sold.

View the full listing online @ www.biddersandbuyers.com and www.vanadkisson.com

Auctioneers: Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255

THE GOLDMAN-LOMAX FARM

Charlene Goldman, Marvin Lomax and Lloyd Lomax

Attorneys:

Daniel B. Stoerzbach Law Office PC – Galesburg, IL – Ph. 309/343-5010

Justin M. Raver – Barash & Everett LLC, Kewanee, IL – Ph. 309/852-5555

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com