Land Auction – 230.5 Acres (M/L) – 3 Tracts – Knox County, IL

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Land Auction – 230.5 Acres (M/L) – 3 Tracts – Knox County, IL

Sat, March 14, 2020

Auction Location:

Prairie Inn & Conference Center, 300 S. Soangetaha Rd, Galesburg, IL

Sold At Auction:

Tract 1 – $7,700 Per Acre

Tract 2 – $2,250 Per Acre

Tract 3 – $2,250 Per Acre

LAND AUCTION

231.95 SURVEYED ACRES – 3 TRACTS

KNOX COUNTY, ILLINOIS

Saturday, March 14, 2020 – 10 A.M.

AUCTION VENUE: Prairie Inn & Conference Center,

300 S. Soangetaha Road, Galesburg, IL 61401

PRODUCTIVE CROPLAND – MATURE TIMBER

PASTURE – PREMIERE HUNTING AND RECREATION!

FARM LOCATION: The Goss Farm consists of 231.95 surveyed acres, to be offered in 3 tracts located in Sections 26 and 27, Sparta Township (T.12N.-R.2E.), Knox County, IL. The property is generally located 4 miles Northeast of Galesburg or 1 mile Southwest of Wataga on Route 34 to Knox Road 2000N then 2 miles east. Tracts 1 and 2 have frontage on Road 1950N. Tracts 1 and 3 have access from Road 2000N.

Physical Address: 975 Knox Road 1950N, Galesburg, IL 61401

TRACT 1 – 112.43 ACRES

Tract 1 lies level to gently rolling, and presently includes 106.44 FSA cropland acres. The balance of the parcel consists of grass and timbered waterways. Primary soil types of the cropland are Ipava, Clarksdale, Osco, Greenbush and Rozetta silt loams with a PI rating of 131.3.

TRACT 2 – 80.10 ACRES

Tract 2 is located directly east of Tract 1 along Road 1950N. The parcel lies undulating to rolling and presently includes 10.46 FSA cropland acres with the balance in grassland, remote timber, creek and a natural spring. Primary soil type of the cropland is Rozetta silt loam with a PI rating of 112.

TRACT 3 – 39.42 ACRES

Tract 3 is located directly north of Tract 1 and west of Tract 3. The parcel has easement access from Road 2000N across the northwest corner of Tract 1. Tract 3 lies undulating to rolling and features timber, grassland and a seasonal stream.

AUCTION NOTE: These tracts offer income producing cropland and include some of the best hunting and recreational property in the area! We invite you to inspect the Goss Farm and to be prepared to purchase at the auction.

SALE PROCEDURE: Tract 1 will be sold individually. Tracts 2 and 3 will then be offered by the bidder’s choice method of marketing wherein the high bidder in the first session may select either one or both tracts. In the event one tract is selected, the remaining tract will then be sold.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before April 14, 2020. Full possession will be given at the closing. Title insurance will be provided. The 2019 real estate taxes payable in 2020 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 seller and assumes no liability of any kind with the property being sold. View the full listing online @ www.vanadkisson.com and www.biddersandbuyers.com

REBECCA A. GOSS

Attorney: Daniel B. Stoerzbach – Stoerzbach Law Office P.C.

2101 Windish Drive, Galesburg, IL 61401 – Ph. 309/343-5010

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

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com