34d 9h Left
Tract 1 - 48.01 surveyed acres{"message":"In _app.tsx child of Layout","renderCount":1}
Tract 1 - 77.58 Surveyed Acres
Lot Closed
Auction by Van Adkisson Auction Service(107)
This item is in Abingdon, IL
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Item Details
Physical Address: 1100 Illinois Route 41, Galesburg, IL 61401.
Tract 1 is located in the North Half of the Northeast Quarter of Section 8, Cedar Township (T.10N.-R.1E.), Knox County, Illinois.
The parcel lies level to undulating and presently features 67.24 FSA cropland acres. The primary soil types of the cropland are Osco, Ipava and Sable silt loams with a PI rating of 140.5.
Tracts 1 and 2 were grid mapped soil tested on 11-6-2019. Lime was variable rate applied per the soil test recommendations.
The balance of the acreage includes the homesite, 2 outbuildings, grassland and a small timbered draw. The homesite is improved with a well-maintained custom built one story 2 bedroom home w/ attached 22'x23' garage. The residence features: 13'x18' living room, 15'x22' family room open to the 15'x16' kitchen with appliances, 13'x14.5' master bedroom w/ full bath, walk-in shower and large closet, 11'x14' guest bedroom, 5'x10.5' full bath w/ tub-shower, 5'x10.5' laundry room including washer-dryer, and 2 hall closets. Additional amenities of the home include Galesburg city water, LP gas furnace, central air, deep crawl space and a newer roof. Tract 1 is also improved with a 25'x60' quonset style metal storage building and a wood frame barn.
The purchase agreement will be adjusted to 77.58 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
Payment
Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before Sept. 27, 2022.
CheckWire Transfer
Auction Details
Knox & Warren County, IL Land Auction - Weigand546 Route 41 South, Abingdon, IL, 61410Thursday, Aug 25, 2022 | 10:00 AM CDT
Auction House
Terms Of Sale
The property is selling under standard auction terms – As Is -without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.
The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.
Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.