Land Auction

Auction Results

Van Adkisson> Upcoming Auctions >Land Auction – 76.42 Acres (M/L) – 1 Tract – Knox County, IL

Land Auction – 76.42 Acres (M/L) – 1 Tract – Knox County, IL

Sat, February 17, 2018

Auction Location:

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

Sold @ Auction:

$7,250 Per Acre

76.42 SURVEYED ACRES (M/L) – 1 TRACT

KNOX COUNTY, ILLINOIS

AUCTION LOCATION: Knox Agri Center, 180 S. Soangetaha Road, I74 Exit 48, Galesburg, IL

SATURDAY, FEBRUARY 17, 2018

AT 10 A.M.

CROPLAND – TIMBER – PREMIERE HUNTING

ATTRACTIVE BUILDING SITES – CLOSE TO OAK RUN!

FARM LOCATION: The Wells Farm is located 1 mile north of Dahinda, IL or one-half mile south of the intersection of Oak Run Drive and Snake Den Road at Oak Run on County Road 15. The property is well located less than one mile from Oak Run and within minutes of Galesburg and Peoria. The tract has frontage on County Road 15 on the west and south sides.

PLAT LOCATION: 76.42 surveyed acres, more or less, subject to final survey, located in the East Half of the Northwest Quarter of Section 13, Persifer Township (T.11N.-R.3E.), Knox County, Illinois.

DESCRIPTION: Selling in one tract, the property presently consists of 53.2 GPS acres of level to gently rolling cropland. The farmland is in an excellent state of fertility and recent yield data is available. The balance of the acreage is mature timber with a seasonal stream. The area is well known as an excellent wildlife habitat. This desirable tract offers an excellent opportunity to farmers, hunters, sportsmen, country home builders and investors!

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 20, 2018. Possession of the timber and non-tillable land will be given at the closing. Landlord’s possession of the cropland will be given at closing subject to a variable cash rent lease for the 2018 crop year. The new owner will assume the landlord’s position and receive 100% of the cash rent for 2018. Title insurance will be provided. The 2017 real estate taxes will be paid by the seller and all subsequent taxes shall be the responsibility of the buyer(s). 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 and www.vanadkisson.com and may be obtained by contacting the auction firm, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.