SELLAFARM

YOUR TEAM ON THE GROUND

Crawford Co., IL Land Auction

141.10+/- Surveyed Acres, 108+/- Tillable, 10.51+/- CRP Acres, 22.59+/- Wooded Acres

Being offered in 1 Tract – All Bidding Will be on A Per Acre Basis!

ALL BIDS WILL BE ON A DOLLAR PER ACRE BASIS TIMES QUANITITY OF 141.10 TO ARRIVE AT TOTAL CONTRACT PRICE!

Live Auction with Live Online Bidding Available!

Thursday, September 15th, 2022, 4PM Central

Auction Location: Flat Rock, IL Community Center

1 Tract – 141.10+/- Surveyed Acres, 108+/- Acres Tillable, CRP Income

Possibility of Additional Tillable Acres with Dirt Work / Tree Removal

Latitude: 38.948068 Longitude: -87.693452

Location: From Gordon Junction: From Intersection of IL Route 1 and IL Route 33, Continue South 3.5 Mi to E. 700th Avenue, West of Illinois Route 1 .5 Mi on E. 700 th Avenue to Duncanville, IL, South .25 Mi on N. 1340th Street to NW corner of the farm. Established Farm Entrance at this Location. Continue .25 Mi to corner of E. 660th Avenue to the second established entrance.

Brief Legal: Various parts of Section 24, Honey Creek Township, Crawford County, IL. T6N-R12W. See ww.sellafarm.com for digital copy of survey and complete legal description.

Access: Frontage Access on N. 1340th Street -and- frontage on 660th Avenue. Very Quick Access to Illinois Route 1 Near Local Grain Terminals & Ethanol Plant! Save Hauling Time!

Soils: Hosmer Silt Loam, 2-5% Slope, 53.19 Ac., 33.3%; Stoy Silt Loam, 38.49 Ac., 24.1%; 119C2 Elco Silt Loam, 5-10% slope, 22.97 Ac., 14.4%; 3333A Wakeland Silt Loam, 20.82 Ac., 13.1%; 31A Pierron Silt Loam, 0-2% slope, 7.95 Ac., 5.0%; 8F Hickory Silt Loam, 18-35% slope, 6.48 Ac., 4.1%; 908F Hickory-Kell Complex, 18-35% slope, 5.31 Ac., 3.3%; 6B2 Fishhook Silt Loam, 2-5% slope, 4.32 Ac., 2.7%; Weighted Productivity Index: 105. NHEL & HEL Classifications. Digital copies of Soil & Topography Maps are posted to www.sellafarm.com, view anytime.

FSA Info: Farm No. 5773, Tract No. 5494. Corn Base Ac. 121.90, PLC yield 137; Soybean Base Ac. 4.50, PLC Yield 40; Wheat Base Ac. .10, PLC Yield 40; Total Base Ac. 126.50. Please Note: FSA records do includes 35.62 acres not being sold at auction. Digital copy of FSA Maps & FSA 156EZ Record are posted to www.sellafarm.com, view anytime.

CRP Info: Total Contracted Acres: 10.51. Annual Rental Rate Per Acre: $216.56. Total Annual Payment: $2,276. Contract Dates: 10-01-2013 through 9-30-2028.

R.E. Estimated Taxes: Crawford County Parcel Index Number 08-0-24-000-007-000. Estimated total tax of $2,608.56. 2021 taxes, due & payable 2022 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. Please Note: previous tax bills and real estate estimated taxes include 35.62 acres of land not included in sale. County to divide accordingly.

Farm Rights: Current tenant to complete 2022 farm rights. Buyer(s) to have 2022 Farm Rights. Buyer to receive $20,000 cash remit for 2022. Tenancy Termination letter will be completed prior to closing / dateline.

Mineral Rights: Seller to retain all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any.

Possession: Possession date of closing, subject to existing farm tenancy.

Survey: Advertised acres are gathered from 2022 survey completed by Waggoner Land Surveying, Robinson, IL. See ww.sellafarm.com for digital copy of survey and complete legal description. Surveyed Acres to be sold equal 141.10+/-. Any survey cost to be paid by buyer(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer’s premium per acre.

Online Bidders: Please take special note of the countdown timer shown on the screen. It may be extended or shorten at any moment to reflect when we go to a 60 second countdown timer. Online bidders are encouraged to bid early and often as technical issues may arise. 60 Second Timer will be placed on screen once owner confirmation has been obtained.

Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared, Plan to in 30 to 45 days. Have financial arrangements made prior to auction as sale is not contingent upon Buyer(s) ability to obtain financing.

Title: Seller shall furnish the buyer(s) at Seller's expense an Owners Policy of Title Insurance in the amount of the purchase price for surface rights only, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

Agency: SELLAFARM, Your Team on the Ground and its representatives are acting as Agents for the Seller.

Approval of Bids: Being sold subject to owner confirmation.

Bidding: All Bidding will be on a per acre basis from beginning to end. 60 Second Timer will be placed on screen once owner confirmation has been obtained.

Other Announcements: All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Announcements made from podium day of auction take precedence over any previous information.

Log onto www.sellafarm.com downloadable multi-page brochure, aerials, FSA Maps, Soil & Topography Maps, drone tour, ground photos & plats.

Prospective Buyer(s) are welcome to walk the land at their Convenience!

Dennis Brannon & Balery Cooper - Seller

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