Knox County, IL Land Auction – Hedbloom

Hedbloom Calendar

Thursday, September 01, 2022 - 11:30 am Central

Location

Knox County, Illinois

The Hedbloom Farm is located approximately 7 miles southeast of Knoxville, IL or approximately 40 miles northwest of Peoria, IL. The property is further described as being in Section 4, Haw Creek Township, Knox County, IL. From Knoxville, IL go east on IL Highway 97 to Knox County Highway 17, then east 5 miles to the farm. (Be watching for presale directional signs)

Hedbloom Calendar

Seller

Dorothy Jean Hedbloom Estate

Bruce Hedbloom, Sharon Jo Hedbloom, Lynne Marie Hedbloom & Janice J. King

Bruce Hedbloom, Independent Executor

Managed By

Dale Jones (309) 299-6400

General Information

130.8 Surveyed Acres – 2 Tracts

Make plans now for this Knox County, IL land auction. Tract 1 offers productive Ipava and Osco soils and has a Productivity Index of 141.3 on the entire tract. Tract 2 offers productive Ipava, Osco, Radford and Assumption soils and has a Productivity Index of 138.5 on the tillable acres. Tract 2 is also improved with a very nice 30’X40’ pole building with concrete floor and electrical service and also offers attractive home sites. Both tracts have Class A tillable soils! This is an auction that you will not want to miss!!

 

  • Class A tillable farm
  • Sells free and clear for 2022 crop year!

tract information

130.8 Surveyed Acres

Tract 1 • 29.3 Surveyed Acres

  • FSA information should indicate 26.46 acres tillable.
  • Productivity Index is 141.3 (Class A!)
  • Productive Ipava and Osco soils
  • Access is on the south by Knox County Highway 17 and on the east by Knox County Rd. 12.

Tract 2 • 101.5 Surveyed Acres

  • FSA information should indicate 95.24 acres tillable.
  • Productivity Index is 138.5 (Class A!)
  • Productive Ipava, Osco, Radford and Assumption soils
  • Access is on the north by Knox County Highway 17 and on the east by Knox County Rd. 12.
  • This tract is improved with a 30’X40’ pole building.
    • Concrete floor throughout
    • 100 amp electrical service
    • 11'X15' overhead door
    • 8'X8' overhead door
    • Walk-in dooor

method & terms

Both tracts will be sold on a price per acre basis, based on a recently completed survey. Both tracts will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts (in any order) for their high bid. If the high bidder elects only one of the tracts, then the remaining tract will be sold. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written real estate sales contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until the time of closing. The balance of the bid price will be due at closing, on or before October 3, 2022. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2022 real estate taxes. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year. Please Note: The seller will retain the use of the pole building and the current access area around the pole building on Tract 2 for a period of one year after closing.

All announcements made sale day take precedence over any prior advertising either written or oral. The information in our brochure, on our website and in our advertisements is believed to be accurate, however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify all information to their satisfaction. There are no expressed or implied warranties pertaining to the property and the real estate is being sold “As Is”.

Plat Map

Aerial Map

SOIL MAP

Tract 1 Photos

Tract 2 Photos

Dorothy Jean Hedbloom Estate - Seller

Bruce Hedbloom, Sharon Jo Hedbloom, Lynne Marie Hedbloom & Janice J. King

Bruce Hedbloom, Independent Executor

 

Representing Attorney:

Brian A. Peterson

Simpson Peterson Lawyers

246 East Main Street #201

Galesburg, IL 61401

(309) 343-6152

 

Auction Manager:

Dale Jones (309) 299-6400