Land Auction – 113.61 Surveyed Acres – 1 Tract – Knox County, IL

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Land Auction – 113.61 Surveyed Acres – 1 Tract – Knox County, IL

Friday, January 25, 2019

Auction Location:

Knox Agri Center, 180 South Soangetaha Road, Galesburg, IL

Sold At Auction:

$6,150 Per Acre

LAND AUCTION

113.61 SURVEYED ACRES – 1 TRACT

KNOX COUNTY, ILLINOIS

AUCTION VENUE: Knox Agri Center, 180 S. Soangetaha Road, I74 at East Main Street Exit #48, Galesburg, IL 61401

FRIDAY, JANUARY 25, 2019  

AT 10 A.M.

FARM LOCATION: The Downing Estate Farm is located at 923 Knox Road 600E, Gilson, IL 61436 being 4 miles East of Abingdon, IL on the Delong Road to Road 600N then 2 miles North or 2.5 miles South of Knoxville, IL on Road 800E to Road 1000N, 2 miles West to Road 600E then 1 mile South.

PLAT LOCATION: 113.61 surveyed acres situated in the North Half of the Southwest Quarter and in the Southwest Quarter of the Southwest Quarter of Section 18, Orange Township (T.10N.-R.2E.), Knox County, Illinois.

DESCRIPTION:  The farm lies level to gently rolling and presently features 81 acres +/- of cropland, the building site and a timber offering hunting, recreation and a seasonal stream. Improvements include a nice Cleary 30’x40’ enclosed pole building with concrete floor and electric overhead door opener, a good 12,000 bu. grain bin and 14’x67’ mobile home that has been providing rental income. Primary soil types of the cropland are Rozetta, Clarksdale, Sylvan and Elco silt loams with a PI rating of 114.3. We invite you to inspect this nice multi-use property!

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before February 26, 2019. Possession will be given at the closing. Title insurance will be provided. The 2018 real estate taxes payable in 2019 will be paid by the seller. 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 seller and assumes no liability of any kind with the property being sold.

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

FLOYD W. DOWNING ESTATE

Jackie S. Stone, Executor – Pamela K. Mangieri, Agent

Barash & Everett, LLC – Attorneys

143 East Main St. – Suite 101

Galesburg, IL  61401 Ph. 309/341-6010

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

VAN ADKISSON AUCTION LLC

PH. 309/426-2000 – vanadkisson.com