Sold! $4,350 Per Acre
70.71 Acres – 1 Tract
Friday, December 29, 2017 at 10:00 A.M.
Auction to be held at the Abingdon American Legion, 546 IL 41, Abingdon, IL
Location & General Information
The Leady farm is located a short distance northeast of London Mills and is further described as being located in section 35, T9N – R2E, Chestnut Township, Knox County, IL.
The farm represents tillable cropland with blacktop road access along the north side.
70.71 Taxable Acres
- FSA figures should indicate 68.46 acres of cropland currently in row crop production
- Soils include Hickory, Radford, Fayette, Sawmill, Greenbush, Orion & Rozetta
- Nearly 100% tillable, Knox County, IL farmland
- Blacktop access is along the north by Knox Hwy. 29
Method and Terms
The Leady farm will be sold in one individual tract and on a price per acre basis, based on taxable acres. There will NOT be a survey conducted.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller, and pay 10% of the bid price down as earnest money with the balance due at the time of closing on or before Monday, January 29, 2018. Title insurance in the full amount of the final purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller by way of a credit at closing based on the most recent ascertainable tax year. Possession will be given at the time of closing. The farm sells with full 2018 farming rights.
All announcements sale day shall take precedence over any prior advertising either written or oral. 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 the property. This real estate is being sold “as is”.
Lawrence Leady – Seller
Auction Manager: Michael Sullivan (309) 333-0916
Simpson Peterson Law Office
246 E. Main St. suite #201, Galesburg, IL 61401
Ph: (309) 343-6152