Knox County, Illinois
LAND AUCTION
225 Acres (Subject to Final Survey) - Selling in 2 Tracts

Click here to view photos for this auction

Monday, Nov. 28, 2011 - 2:00 P.M.

Location:
Sale to be held at the Knoxville American Legion Hall, 749 Henderson Road, Knoxville, IL

Updated Surveyed Acreage:
Tract 1 - 149.45
Tract 2 - 94.42

Highly Productive Farmland!
Premier Hunting/Recreational Land!
Home Building Sites!
Located on the Beautiful Spoon River!

Location and General Information
Land is located in Sections 23 & 24 of Haw Creek Township, Knox County, IL (1742 Knox Road 900, Maquon, IL). From Knoxville, IL go east on Hwy. 150 approximately 1 mile to Hwy. 97 then southeast on Hwy. 97 approximately 5 miles to Knox County Road 900N then east approximately 4 miles. Or from Maquon, IL go northwest on Hwy. 97 approximately 3 1/2 miles to Knox County Road 900N then east approximately 4 miles (Be watching for presale directional signs which have been posted off of Hwy. 97).

TRACT INFORMATION
TRACT 1 - 135 ACRES (SUBJECT TO FINAL SURVEY)
- FSA figures should indicate 127.08 acres of NHEL cropland
- Productive Huntsville, Orion & Lawson soils on the tillable portion
- Public access along the north side by Knox County Rd. 900
- Highly productive tract of tillable farmland!

TRACT 2 - 90 ACRES (SUBJECT TO FINAL SURVEY)
- FSA figures should indicate 33.4 acres of cropland (13 acres NHEL; 20.4 acres HEL)
- Rozetta, Orion, Hickory & Fayette soils on the tillable portion
- There is an older 2 story farmhouse located on this tract
- Public access along the north side by Knox County Rd. 900
- Along with the tillable farmland, this tract also offers some premier hunting/recreational acreage with whitetail deer, wild turkey and other game very abundant!

METHOD & TERMS
Bidding will be on a price per acre basis on both tracts. The acreages in this advertisement are estimated. The final settlement acres will be determined by a survey which is currently being completed.
Tract 1 will sell first followed by Tract 2. The tracts will not be combined, each sale will be final.
Ten percent (10%) of the bid price to be paid on the day of sale, with the balance to be due on or before December 28, 2011.
Landlord's possession will be given at the time of closing subject to the current tenant's farm lease expiring March 1, 2012. Hunting rights will be granted to the new buyer(s) at the time of closing.
The sellers will pay the 2011 real estate taxes payable in 2012 with the buyer(s) being responsible for all subsequent real estate taxes. Title Insurance in the full amount of the purchase price will be provided.
All announcements made sale day take precedence over prior advertising either written or oral. Sellers reserve the right to accept or reject any and all bids. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. An agreement containing the terms of sale will be available for inspection prior to the sale by contacting Robert L. Potts, Whitney & Potts, LTD, 118 W. Main Street, Elmwood, IL, Ph: (309)742-3611. Real estate is being sold "AS IS".




The Stella M. Gibbs Estate and Donald C. Gibbs Family Trust

Attorney: Robert L. Potts
Whitney & Potts, LTD.
118 W. Main Street - P O Box 368 - Elmwood, IL 61529-0368 - Ph: 309-742-3611 - Fax: (309) 742-8684 - law@whitneyandpotts.com

1066 E. US Highway 136, P.O. Box 111
Hamilton, IL 62341-0111
Phone: 217-847-2160
Fax: 217-847-6246


sold@sullivanauctioneers.com

Infobahn LogoSite Designed by Infobahn Outfitters, Inc
Copyright ©1999-2008, Infobahn Outfitters, Inc.
Portions copyright Sullivan Auctioneers, LLC