159 Acres± – 1 Tract
Monday, December 16, 2019 at 10:00 A.M.
Auction to be held at the American Legion, 45 Wallace St., Galva, IL 61434
Location & General Information
The Edwards farm is located between Galva & Altona and is further described as being located in Section 12, T13N – R3E, Walnut Grove Township, Knox County, IL. The farm represents tillable farmland to be offered in 1 tract. The farm sells free & clear for the 2020 crop year.
159 Acres± • 1 Tract
- FSA figures indicate 140.02 acres of cropland currently in row crop production
- PI Rating: 113.8
- Soil types include Osco, Elkhart, Hickory, Radford, Assumption, Ipava, Sawmill & Littleton
- The remaining acres represent waterways & a creek meandering through the eastern portion of the farm
- Access is along the north side by Knox Rd 2900N & along the east side by County Hwy 15
Method and Terms
The Edwards farm will be sold on a price per acre basis, based on 159 acres±. The farm will not be surveyed.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Thursday, January 16, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant’s farm lease. The farm sells free & clear for the 2020 crop year.
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”.
Known Locally as the Robert M. Edwards Farm
Mike Edwards & Robb Edwards – Sellers
Auction Manager: Michael Sullivan (309) 333-0916
Tobin & Ramon
530 S. State St., Suite 200
Belvidere, IL 61008
Ph (815) 544-0316