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Knox County, IL Land Auction - Clay Farm

Real Estate  >  Van Adkisson Auction Service  >  Knox County, IL Land Auction - Clay Farm

Knox County, IL Land Auction - Clay Farm

by Van Adkisson Auction Service
Fri, Nov  3, 2023  1:00 PM   Central
The auction will be conducted both Live and Online. The live auction will be held at the Knox Agri Center, 180 S. Soangetaha Road, Galesburg, IL 61401. Bidders are invited to join us at the auction venue or to participate remotely online from your home or office. No buyer’s premium will be charged. 77 ACRES (M/L) - 2 TRACTS - KNOX COUNTY, ILLINOIS 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. SELLER: THE CLAY FARM Margie Ann Clay | Marla L. Clay | Larry E. Clay ATTORNEY: Mike Massie | Jordan Newell | Massie & Quick LLC 115 NW Third Ave. | Galva, IL 61434 | Ph. 309/932-2168 AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255 INTERNET BIDDING: Heather Gregory (309)337-2217 ** 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 adkissonauction@gmail.com. Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 2, 2023.
Terms of Sale Terms of Sale

Terms of Sale

Lot #0 (Sale Order 1 of 3)

* This Lot is for informational purposes only *

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. 
 

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.
 

Click here to view the Aerial Tour
 

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 contingencies. 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.


SELLER: THE CLAY FARM
Margie Ann Clay | Marla L. Clay | Larry E. Clay


ATTORNEY: Mike Massie | Jordan Newell | Massie & Quick LLC
115 NW Third Ave. | Galva, IL 61434 | Ph. 309/932-2168


AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255

INTERNET BIDDING: Heather Gregory (309)337-2217


Click here to view the full listing on our website.


Bid Not Accepted!

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PASSED

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This lot was not sold.

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Tract 1 - 61.33 Acres (M/L) Tract 1 - 61.33 Acres (M/L)

Tract 1 - 61.33 Acres (M/L)

Lot #1 (Sale Order 2 of 3)

 

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.

The purchase agreement will be adjusted to 61.33 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.


Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 8,200.00
$8,200.00 x 61 = $500,200.00
Total Bid: USD 500,200.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$8,200.00 x 61 = $500,200.00 Total
Tract 2 - 16.46 Acres (M/L) Tract 2 - 16.46 Acres (M/L)

Tract 2 - 16.46 Acres (M/L)

Lot #2 (Sale Order 3 of 3)


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.

The purchase agreement will be adjusted to 16.46 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.


Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 7,600.00
$7,600.00 x 16 = $121,600.00
Total Bid: USD 121,600.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$7,600.00 x 16 = $121,600.00 Total