LAND AUCTION OF 80 ACRES +/- IN VICTORIA TOWNSHIP OF KNOX COUNTY

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The following Tract of land will be sold at the Williamsfield American Legion located at 222 IL Rt. 180 Williamsfield, IL 61489 (The legion sits right off of Rt. 180 next to the convenient store/gas station), on

WEDNESDAY, MARCH 25TH, 2020         AT 10:00 A.M.

NOTE: For maps, soil types and more, visit our NEW WEBSITE at www.folgersauctionservice.com

PROPERTY DISCRIPTION: This Tract of 80 acres, more or less, is located in the East Half of the South West Quarter of Section 25 in Victoria Township. To locate the Tract, travel 4.8 miles north of Williamsfield on Rt. 180 to Knox Rd. 1950 N, then turn east 7/10th of a mile to the farm. This Tract has frontage on Knox Rd. 1950 N. There is a township road bordering the east side of the property allowing access to the entire Tract.  The FSA map indicates 59.2 acres of cropland with the remainder in waterways and timber. It is classified as highly erodible land with several soil types including Rozetta, Lawson and Hickory. The ground rolls to a creek that runs through the north end of the property. Trees border the creek providing hunting and trapping opportunities. There are also harvestable trees, all making this a very desirable Tract of land. All ditches and boarders have been cleared and bulldozed back. Some tile has been added in the last 5 years. The current tenants have done an excellent job maintaining and enhancing this property.

TERMS: Terms are 10% down the day of auction with the balance to be paid in full at closing in approx. 30 days. A valid purchase agreement will be signed day of sale. Buyer or buyers will inherit the current crop lease which ends Feb. 28, 2021. The buyer or buyers will also receive the 2020 rent of $13, 395.00. The taxes for 2019 in the amount of $1141.12 will be paid by the sellers. 2020 taxes due in 2021 will be at the buyer’s expense.

MICHAEL MURPHY AND PATRICIA RUPPERT (FORMERLY DONALD AND THELMA CAIN ESTATE)—SELLERS

FOLGER’S AUCTION SERVICE, INC.—WILLIAMSFIELD, IL   (JIM AND CATHIE GIBBS, JIM FOLGER)                 Ph. 309-337-2150 and 309-368-6314   Email: folgersauctionservice@gmail.com  LIKE US ON FACEBOOK ATTORNEY FOR SELLERS—DOUG MUSTAIN—GALESBURG, IL PH. 309-344-5252