Knox Agri Center, 180 S. Soangetaha Road, Galesburg, IL 61401
THE CLAY FARM
** PLEASE TAKE NOTICE **
You are required to provide a bank reference before being accepted to participate in this auction online. Please have your lender e-mail this information to firstname.lastname@example.org.
Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 2, 2023.
The Clay Farm features income producing cropland, grassland, mature timber, premier hunting, excellent recreation and attractive home building sites!
Physical Address: 1640 Barefoot Road, Knoxville, IL 61448. The property is located 5 miles east of East Galesburg on Blaze Road to Barefoot Road then north one-half mile or 6 miles NE of Knoxville in Section 1 of Knox Township (T.11N.-R.2 E.), Knox County, IL. The real estate consists of 77.79 surveyed acres that will be offered in 2 tracts by bidder’s choice and privilege.
TRACT 1 – 61.33 ACRES (M/L)
Tract 1 lies level to rolling and presently consists of 35.41 FSA cropland acres with a PI rating of 113.1. The balance of the acreage includes pasture and timber.
TRACT 2 – 16.46 ACRES (M/L)
Tract 2 is located directly across the road from Tract 1. The parcel lies level to rolling and presently consists of 8.27 FSA cropland acres with a PI rating of 118.8. The balance of the acreage includes timber and pasture.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before 30 days from date of sale. Buyers will receive possession at the closing. Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the seller. The farm is selling with no contingences. Bidders must have financing arrangements made prior to participating in the auction. 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.
SALE PROCEDURE: Tracts 1 and 2 will be offered by Bidder’s Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select either one or both tracts. In the event that one tract is selected the remaining tract will then be sold.
NOTICE: The auction will be conducted both In-Person and Online. Online bidding is powered by Proxibid. Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 2, 2023.