Tract 1 - 38+/- Acres, 36+/- Tillable - SELLAFARM
Lawrenceville, IL
Newton, IL
Tract 1 - 38+/- Acres, 36+/- Tillable
Lot Number:1
Completed
Start Time:10/28/2021 5:00:00 PM
End Time:11/24/2021 2:50:00 AM
Winning Bidder:
Starting Bid:$1.00
Bid Increment:$1.00

PLEASE SEE PHOTO GALLERY BY CLICKING PHOTO TO ENLARGE TO SEE DIGITAL COPY OF BROCHURE, FSA 156, FSA MAPS, PLATS, TAX AERIALS AND MORE!

 

Tract 1 – 38+/- Acres, 36+/- Acres Tillable

Latitude: 38.704197 Longitude: -87.817564

 

Location: From Lawrenceville, IL: approx. 7 Mi. West of Lawrenceville, IL on US Route 50 to Co. Rd. 500E (Union Chapel Road), South 1.75 Mi. to land location.

 

-OR- From Sumner, IL: approx. 2.5 Mi. East of Sumner, IL on Route 250 to Co. Rd. 500E (Union Chapel Road), South .75 Mi. to land location.

 

Brief Legal: East 3/4 of the E1/2 SE1/4 laying South of the B&O Railroad, Section 11, Christy Township, Lawrence County, Illinois. T3N-R13W.

 

Access: Full Frontage Access to Co. Rd. 500E (Union Chapel Road) on East -and- Full Frontage Access to Co. Rd. 900N on South.

 

Soils: 14C2 Ava Silt Loam, 5-10% slope, 22.52 Ac., 59.7%; 13B Bluford Silt Loam, 2-5% slope, 12.36 Ac., 32.8%; 14B Ava Silt Loam, 2-5% slope, 1.44 Ac., 3.8%; 8382A Belknap Silt Loam, 0-2% slope, 1.42 Ac., 3.8%; Weighted Productivity Index: 94.6. HEL Classification.

FSA Info (Tract 1): Farm No. 3545, Tract No. 3640, Corn Base Ac. 17.10, PLC yield 131; Soybean Base Ac. 17, PLC Yield 49; Total Base Ac. 34.10. See digital copy of Maps & 156 Records at are posted to www.sellafarm.com, view anytime.

 

R.E. Estimated Taxes: Lawrence County Assessor Parcel Index Number 04-000-246-00. 2021 taxes, due & payable 2022 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter. See digital copy of real estate tax bills that are posted to www.sellafarm.com for tax bills, view anytime.

No donations for this lot

Farm Rights (Tract 1): Buyer to have 2022 Farm Rights. Seller to retain 2021 Farm Income. Tenancy Termination letter for the 2022 season has already been completed by seller's attorney.

 

Hunting Rights (Tract 2): No written and/or verbal hunting lease on the property. New Buyer to have full and complete hunting rights day of closing. Closing shall occur prior to years end allowing new buyer(s) additional land to hunt for the remainder of the Late Hunting Season!

 

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

 

Possession: Plan to close prior to Year End. Title. Possession date of closing on both tracts.

 

Survey: 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.

 

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 close by years end. 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). Title Work Has Already Been Ordered. SELLAFARM, Your Team on the Ground plans to have preliminary title commitment available prior to auction. Lawrence County Title, Lawrenceville, will be the closing agent on the transaction.

 

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

 

Approval of Bids: This land is being sold subject to owner confirmation.

 

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 or www.parrottauctions.com for aerials, drone tour, photos & plats.

 

For private tour of the land on Polaris Side by Side or more information, please contact Listing Broker & Land Specialist Zane Parrott at 812-890-5452.

SELLAFARM, Your Team on the Ground Auction Center
14024 State Route 1
Lawrenceville, Illinois 62439
United States

SELLAFARM, Your Team on the Ground,

Ruth Lathrop Trust – 82+/- Acre Lawrence Co., IL Land Auction

 

SELLAFARM, Your Team on the Ground will be selling 82+/- acres consisting of 2 quality tracts for their intended purpose!

 

Tract 1 offers 38+/- acres with 36+/- acres tillable with quality soil types for the county!

 

Tract 2 offer 44+/- acres of top-notch recreational land that adjoins 1,700+/- acres of privately owned land to make your next hunting season the best yet! This tract also offers a large selection of hard and softwood!

 

Add Quality Farmland to your Farm Operation or Investment Portfolio!

 

Add Top-Notch Hunting Land For Your Next Big Buck!

 

All situated in Lawrence County, Illinois offered for sale via the auction method of marketing!

 

Live auction with online bidding available begins 5PM Central Tuesday, November 23rd!

 

See www.sellafarm.com for bidding link!

 

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The Ruth Lathrop Trust - Seller

 

Being sold at ZERO seller cost from start of advertising THROUGH closing with use of our ZERO Seller Cost Program

 

ZERO Commission Cost

ZERO Advertising Cost

ZERO Survey Cost (paid by buyer)

ZERO Title Search Cost (Surface)

ZERO Title Insurance Cost (Surface)

ZERO Seller Real Estate Tax(12mo)

ZERO Deed Preparation

ZERO Transfer Tax Declaration Prep

ZERO State Transfer Tax

ZERO Recording Fee

(On 40+ Acres using buyer's premium)