REAL ESTATE AUCTION – 442.03 SURVEYED ACRES – 4 TRACTS – KNOX COUNTY, ILLINOIS

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REAL ESTATE AUCTION – 442.03 SURVEYED ACRES – 4 TRACTS – KNOX COUNTY, ILLINOIS

Fri, December 16, 2016

Auction Location:

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

SOLD @ AUCTION

Tract 1 – SOLD for $9,000 Per Acre

Tract 2 – SOLD for $8,100 Per Acre

Tract 3 – SOLD for $8,000 Per Acre

Tract 4 – SOLD for $8,600 Per Acre

REAL ESTATE AUCTION

442.03 SURVEYED ACRES – 4 TRACTS

KNOX COUNTY, ILLINOIS

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

Abingdon, Illinois 61410

FRIDAY, DECEMBER 16, 2016

AT 10 A.M.

* HIGHLY PRODUCTIVE CROPLAND*

*HOMESTEAD * GRAIN STORAGE * OUTBUILDINGS*

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TRACT 1- 103.17 ACRES

Tract 1 is located 1.5 miles North of Abingdon, IL on State Route 41 in the Northwest Quarter of Section 21, Cedar Township (T.10N.-R.1E), Knox County, IL. The farm has frontage on Route 41 and Knox Road 850N. The parcel lies level to undulating and presently consists of 97.12 FSA cropland acres. Primary soil types are Osco and Ipava silt loams: PI – 138.8. The balance of the acreage includes a grass waterway and an older building site that could easily be converted to cropland.

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TRACT 2 – 103.25 ACRES

Tract 2 is located 1.5 miles North of Abingdon, IL on State Route 41 to Knox Road 850N then 1 mile West to Knox Road 100E in the Northeast Quarter of Section 19, Cedar Township (T.10N.-R.1E.), Knox County, IL. The farm has frontage on Knox Road 100E. The parcel lies level to undulating and is all tillable with the exception of a 1.23 acre grass waterway located in the southeast corner. Primary soil types are Ipava, Osco and Clarksdale silt loams: PI – 135.

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TRACT 3 – THE HOMESTEAD FARM – 75.92 ACRES

The Homestead Farm is located 1 mile East of Abingdon, IL on Knox Highway 23 (turn East onto Martin Street from Route 41) in the East Half of the Northwest Quarter of Section 3, Indian Point Township (T.9N.-R.1E), Knox County, IL. Tract 3 has frontage on Knox Highway 23 which runs along the north and east sides of the property. The parcel presently includes 63.64 FSA cropland acres with the balance consisting of the building site and waterways. The predominant soil type of the cropland is Osco silt loam: PI- 136.6. The farm is improved with an older two story 2630 +/- sq. ft. country home w/ family room addition. The residence has some deferred maintenance but offers many possibilities! Additional improvements include a 40’x60’ enclosed metal building, 28’x30’workshop and 4 grain bins. The grain facility consists of 1- 16,000 bushel 36’ drying bin w/ stirator; 1 – 10,000 bushel drying bin w/ stirator and 2 – 7000 bushel storage bins. All 4 bins have drying floors.

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TRACT 4 – 159.69 ACRES

Tract 4 is located 2.5 miles East of Abingdon, IL on Knox Highway 23 (turn East onto Martin Street from Route 41) in the Southwest Quarter of Section 2, Indian Point Township (T.9N.-R.1E.), Knox County, IL. The parcel lies undulating to gently rolling and presently includes 141.8 FSA cropland acres. The balance of the acreage consists of grass waterways and a timbered draw. Primary soil types of the cropland are Osco and Ipava silt loams: PI – 138.3.

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NOTE: The farms have been recently surveyed and will be sold individually in order. This is an excellent offering of productive Western Illinois farmland! The tracts are conveniently located on good all-weather roads would make an excellent addition to any farming operation or investment portfolio. We invite your inspection of the property at any time.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance on or before February 1, 2017. Full possession for the 2017 farming season will be given at closing. Title insurance will be provided. The 2016 real estate taxes payable in 2017 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.

HAROLD G. DUNLAP TRUST

Raymond H. Dunlap, Trustee

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