Tract 1 – 58+/- Acres, 50+/- Acres Tillable, 1/8 Royalty Interest Included!
Quick Access to Major Area Highway & Local Grain Terminals!
Latitude: 39.082236 Longitude: -88.082236
Tract 1-4 Location: From Newton, IL / Intersection of Illinois Route 130 and Illinois Route 33: North 5.5 Mile to E. 1650th Ave, West .5 Mile to N. 1200th Street, South .5 Mile to Northeast Corner of Tract 1. Signs and Full-Color, Multi-Page Brochures posted. Please Note: Tracts 1 -4 are Contiguous. Tracts 5 & 6 are Contiguous. All Land located within 2 Miles.
Brief Legal: Part of the NE1/4, Section 1, Crooked Creek Township, Jasper County, Illinois. T7N-R9E. Brief Legal Descriptions are posted to www.sellafarm.com, view anytime.
Access: Direct Access on East Side to N. 1200th Street.
Soils (Tillable Area Only): 13A Bluford Silt Loam, 0-2% slope, 32.13 Ac., 65.2%; 12A Wynoose Silt Loam, 0-2% slope, 11.02 Ac., 22.4%; 14B Ava Silt Loam, 2-5% slope. 5.09 Ac., 10.3%; 13B2 Bluford Silt Loam, 2-5% slope, .52 Ac., 1.1%; 8F Hickory Silt Loam, 18-35% slope. .19 Ac., .4%; 967F Hickory-Gosport Silt Loam, 18-35% slope, .11 Ac., .2%; Weighted Productivity Index of Tillable: 99.5. ALL NHEL, except 3.56 Ac. Digital copies of Soil & Topography Maps are posted to www.sellafarm.com, view anytime.
R.E. Estimated Taxes: Real Estate Jasper County Parcel Index Number: Part of 94-08-35-100-003. Total Estimated Tax Bill: $974.65. 2023 taxes, due & payable 2024 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing. Buyer(s) thereafter. Please See www.sellafarm.com for digital copies of the estimated tax bills, view anytime.
Tracts 1 – 4 FSA Info: Farm No. 4595, Tract No. 6033. Corn Base 76.20 Ac., PLC yield 123; Soybean base 29.70 Ac., PLC yield 41; Wheat base 28.40 Ac., PLC yield 47; Grain Sorghum base 8.20 Ac., PLC yield 41; Total Base Ac. 142.50. Please Note: Totals are for Tracts 1 – 4. Digital copy of FSA Maps & FSA 156 EZ are posted to www.sellafarm.com, view anytime.
Tracts 5 & 6 FSA Info: Farm No. 4595, Tract No. 719. Corn Base 43.20 Ac., PLC yield 123; Soybean base 24.80 Ac., PLC yield 41; Wheat base 16.00 Ac., PLC yield 47; Grain Sorghum base 4.50 Ac., PLC yield 41; Total Base Ac. 88.50. Please Note: Totals are for Tracts 5 & 6. Digital copy of FSA Maps & FSA 156 EZ are posted to www.sellafarm.com, view anytime.
Farm Rights: Buyer to Receive Fall 2023 Cash Rent Payment of $18,325 to be split between buyer(s) based upon estimated tillable acres on each tract.
Buyer(s) to receive credit date of closing in the amounts that follow:
Tract 1: $3,967;
Tract 2: $2,856;
Tract 3: $3,570;
Tract 4: $793;
Tract 5: $6,346;
Tract 6: $793;
Total of $18,325.
Current tenant to complete 2023 farm rights. Buyer(s) to have 2024 Farm Rights. Tenancy Termination or Release will be completed prior to closing / deadline, whichever occurs first. Total 2023 Cash Rent: $36,650 or $158.65 per FSA Tillable acre (231 Acres).
Mineral Rights: Buyer to receive all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers if any.
Mineral Rights / Royalty Interest: Buyer of Tracts 1, 2 & 4 to Receive their proportional interest (based on number of acres purchased) of the Coad Estate #1, Lease # 51255. Brief Legal Description of Lease: NE1/4 Section 1, Crooked Creek Township, Jasper County, Illinois, T7N-R9E., less and except 1.5 acres out of the SW1/4 SE1/4 NE1/4. Royalty Interest (1/8). Current Operator/Producer: Geier Oil, Inc. Buyer: Plains Marketing. Digital Copies of Division Order & Tax Bill associated with Royalty Interest are posted to www.sellafarm.com, view anytime.
Royalty Interest Jasper Co. Parcel Index Number: 20-72-11-015-900003, Total Estimated Tax Bill of $23.34. 2023 taxes, due & payable 2024 to be paid by SELLAFARM to buyer(s) as estimated credit on the date of closing. Buyer(s) thereafter. Please See www.sellafarm.com for digital copies of the estimated tax bills, view anytime.
Possession: Possession date of closing, subject to the farm tenancy for the 2023 season.
Survey: Advertised Acres are gathered from county/tax records along with preliminary survey completed by Shawn Taylor of Charleston Engineering, Olney, IL. Actual surveyed acres may change. 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 Make sure to hit the Blue “Enter Auction” button as well as the “View Live Stream” Button for live video feed.
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 Close in 30-45 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). Weber, Heap, Ayres & Greene, P.C., Newton, IL will be the closing agent.
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 on all Tracts. All bidding will be in increments of $1,000, $500, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer. 60 Second Timer will be placed on the screen once final countdown has begun. If any bids, Timer will reset.
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.
101 South Jackson
Newton, Illinois 62448
AUCTION HAS BEEN CANCELED - Jasper Co., IL Land Auction consisting of 283.75+/- Acres with 231+/- FSA Tillable Acres. Being Offered in 6 Tracts to suit YOUR Needs!