Land Auction – 211.28 Surveyed Acres – 2 Tracts – Knox County, IL

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Land Auction – 211.28 Surveyed Acres – 2 Tracts – Knox County, IL

Sat, November 16, 2019

Auction Location:

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

Sold At Auction:

Tract 1 – $4,450 Per Acre

Tract 2 – $4,450 Per Acre

LAND AUCTION

211.28 SURVEYED ACRES – 2 TRACTS

WARREN COUNTY, ILLINOIS

AUCTION LOCATION: Abingdon American Legion, 546 State Route 41 South,

Abingdon, Illinois 61410

SATURDAY, NOVEMBER 16, 2019

AT 10 A.M.

* PRODUCTIVE CROPLAND – CRP ACRES*

*TIMBER – POND – STREAMS*

The Dalton Estate Property features 211 acres (m/l), subject to final survey, to be sold in 2 tracts located Northwest of Abingdon and Southwest of Galesburg, IL.

TRACT 1- 104.05 ACRES

Tract 1 is located 5 miles South of Galesburg or 4 miles North of Abingdon, IL on Route 41 to County Road 26 (1050N), 3 miles West to 170th Street then 2 miles South. The farm has frontage on 172nd Street and is located in the North Half of Section 24, Floyd Township, (T.10N.-R.1W.), Warren County, Illinois. The parcel lies level to undulating and presently consists of 50.94 FSA cropland acres and 16.30 FSA CRP cropland acres. The CRP contract rate is $239.67 per acre until 9-30-2025. The balance of the acreage includes timber and a seasonal stream located along the east boundary line of the farm. Primary soil types of the cropland are Keomah, Rozetta and Clarksdale silt loams. PI – 120.0

TRACT 2 – 107.23 ACRES

Tract 2 is located at the intersection of 170th Street and 130th Ave., 2 miles south of Tract 1 being 3.5 miles Northwest of Abingdon or 1 mile North of Berwick on 130th Street (C.R. 15) to 130th Ave. then 4 miles East in the Northwest Quarter of Section 36, Floyd Township (T.10N.-R.1W.), Warren County, IL. The parcel lies undulating to rolling and presently consists of 52.12 FSA cropland acres and 30.4 FSA CRP cropland acres. The CRP contract rates are:   8.30 acres @ $325.20 per acre until 9-30-2023; 5.80 acres @ $214.50 per acre until 9-30-2023; 16.30 acres @ $176.74 per acre until 9-30-2024. The balance of the acreage includes a pond, timber and Cedar Fork Creek. Primary soil types of the cropland are Orion, Keomah, Fayette and Rozetta silt loams. PI – 119.9

NOTE: These multi-use tracts offer productive cropland, income producing CRP, timber, pristine hunting and recreation! We invite your inspection of the property at any time.

SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder’s choice wherein the high bidder in the first session has the privilege of selecting one or both tracts. If one tract is selected the remaining tract will then be sold.

TERMS OF SALE: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due on or before December 17, 2019. Full possession will be given at closing. Title insurance will be provided. The 2019 real estate taxes payable in 2020 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. The complete listing with maps and color photos is available online @ www.biddersandbuyers.com, www.vanadkisson.com  and may be obtained by contacting the auction firm, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.  .

BETTY K. DALTON ESTATE

Pamela K. Smith, Executor

Attorney: Brian A. Peterson – Simpson Peterson Law Firm

246 East Main St., Suite 201 – Galesburg, IL 61401 – 309/343-6152

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com