SELLAFARM

Your Team On The Ground

Jasper Co. IL LAND AUCTION

43.09+/- Acres, 38.10+/- Tillable, 3.10 CRP

Live Auction with Live Online Bidding

Thursday, October 27, 2022, 5 PM CST

SELLAFARM Auditorium 101 S. Jackson, Newton, IL

Location: From Oblong, IL 4- Way Flashing Light: Approx. 3.25 Mi. North on N. Range Street / N. 200th Street to E. 1340th Ave, Follow West then North to E. 1600th Ave, West to Land Location.

Latitude: 39.08170 Longitude: -87.96887

Brief Legal: NE1/4 NE1/4, Section 4, Hunt City Township, Jasper Co., IL. T7N-R14W.

Access: Full frontage on the North side to E. 1600th Ave.

Soils: 3288A Petrolia Silty Clay Loam, 0-2% slope, 23.27 Ac., 54%; 3333A Wakeland Silt Loam, 0-2% slope, 10.05 Ac., 23.3%; 3331A Haymond Silt Loam, 0-2% slope, 9.76 Ac., 22.7%; Weighted Productivity Index: 132. ALL NHEL Classification. Digital copies of Soil & Topography Maps are posted to www.sellafarm.com, view anytime.

FSA Info: Farm No. 11675. Corn Base 22.7 Ac., PLC yield 109; Soybean base 15.90 acres PLC yield 30; Total Base Ac. 38.60. Digital copy of FSA Maps & FSA 156 EZ are posted to www.sellafarm.com, view anytime.

CRP Info: Total Contracted Acres: 3.10. Annual Rental Rate Per Acre: $220.66. Total Annual Payment: $684. Contract through 9-30-2031.

R.E. Estimated Taxes: Jasper County Assessor Parcel Index Number: 33-05-33-300-008, $729.36. 2022 taxes, due & payable 2023 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.

Farm Rights: Current tenant to complete 2022 farm rights. Buyer(s) to have 2023 Farm Rights. 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: Any survey cost to be paid by the buyer(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage discovered in the survey will be reflected in price adjustment based upon the 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 shortened 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 the 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 the auction as the sale is not contingent upon the 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 the 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 on the podium day of the 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.

For more information, please contact Land Specialist and Listing Broker Gregg Parrott at 618-843-4905.

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

David Smith - Seller

43.09+/- Jasper Co., IL Land Auction, David Smith - Seller