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Van Adkisson> Upcoming Auctions >Land Auction – 116.30 Surveyed Acres – 2 Tracts in Knox County, IL

Land Auction – 116.30 Surveyed Acres – 2 Tracts in Knox County, IL

Friday, August 27, 2021 10:00 am

Auction Location:

Knox Agri Center, 180 S. Soangetaha Road, Galesburg, IL 61401

Seller:

S. GENE AND DIANA DENISAR

Sold At Auction:

Tract 1 – $14,600 Per Acre

Tract 2 – $14,200 Per Acre

LAND AUCTION

116.30 SURVEYED ACRES – 2 TRACTS

KNOX COUNTY, ILLINOIS

AUCTION VENUE: Knox Agri Center, 180 S. Soangetaha Road, Galesburg, IL 61401

FRIDAY, AUGUST 27, 2021

AT 10 A.M.

HIGHLY PRODUCTIVE CROPLAND

FARM LOCATION: 2 miles south of Galesburg, IL on Route 41 to Road 1300N then west one-half mile. Tract 1 is located on the south side of the road. Tract 2 is located on the north side of Road 1300 directly across from Tract 1.

TRACT 1 – 75.79 ACRES

Plat Location: 75.79 acres located in the West Half of the Northeast Quarter of Section 32, Galesburg Township, Knox County, IL.

Description: Tract 1 lies level to undulating and is all tillable. Primary soil types are highly productive Ipava and Osco silt loams with a PI rating of 141.7. Taxes: $51.95 per acre.

TRACT 2 – 40.51 ACRES

Plat Location: 40.51 Acres located in the West Half of the West Half of the Southeast Quarter of Section 29, Galesburg Township, Knox County, IL.

Description: Tract 2 lies level to gently rolling and is all tillable with the exception of a grass waterway that presently consists of approximately one acre. Primary soil types are highly productive Osco and Ipava silt loams with a PI rating of 138.6. Taxes: $43.99 per acre.

SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder’s choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold.

AUCTION NOTE: The tracts are exceptionally well located on a good all-weather road close to Galesburg. We invite your inspection of these productive parcels!

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due at closing on or before October 5, 2021. Possession will be given at the closing subject to the remaining rights of the present tenant under the 2021 crop lease. Title insurance will be provided. The 2021 real estate taxes payable in 2022 will be paid by the sellers. 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.