Auction Results

Sold @ Auction:

$5,150 Per Acre

LAND AUCTION

146.0 SURVEYED ACRES – 1 TRACT

CHESTNUT TOWNSHIP – KNOX COUNTY, IL

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

WEDNESDAY, DECEMBER 7, 2016

AT 10 A.M.

PRODUCTIVE CROPLAND – GRASS WATERWAYS

TIMBERED AREAS – POND SITE – EXCELLENT HUNTING

 FARM LOCATION: The Gordon Farm is located 1.5 miles East of London Mills, IL on County Road 29 (50N) or 8 miles West of Farmington, IL on Route 116 to Route 97, 1 mile North to County 29 (50N) then 4 miles West in the Northeast Quarter of Section 35, Chestnut Township (T.9N-R2E.), Knox County, Illinois. The farm has frontage on County Road 29 (50N) and Knox Road 1100E.

DESCRIPTION: The land will be sold in one tract and presently includes 123.26 +/- acres of undulating to gently rolling cropland with the balance in grass waterways, timbered areas and the pond site. There are several acres of the timber that could be converted to tillable land. Primary soil types of the cropland are Rozetta and Greenbush silt loams with an average PI rating of 114.5. FSA Corn Base = 54.1% of cropland acres. PLC Yield – 167. The area is well known as an excellent habitat for large deer, wild turkey and other wildlife. This desirable tract offers a high percentage of income producing cropland complimented with recreational acreage for hunters and sportsmen.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before January 6, 2017. Title insurance will be provided. The 2016 real estate taxes payable in 2017 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. The full listing with maps and color photos is available online @ www.biddersandebuyers.com or www.vanadkisson.com and may be obtained by contacting the auction firm, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.

GORDON FAMILY FARM

Ivan Gordon and Tiffany Helms

Attorney: Stephen E. Holland – Holland & Holland Law Firm

397 West Main Street – Bushnell, IL 61422 – Ph. 309/772-3178

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com