ALL BIDDING WILL BE ON A PER ACRE BASIS FROM THE BEGINNING OF THE AUCTION TO THE WORD "SOLD".
Bid Price Per Acre will be multiplied by 25+/- Acres to arrive at Total Bid Price.
6% Buyer's Premium will be added to the Total Bid Price to Arrive at the Total Contract Price.
FARM RIGHTS: Current tenant to complete 2024 farm rights. Possession upon 2024 season completion or December 31, 2024.
SURVEY: Actual surveyed acres may change. Any survey cost to be paid by buyer(s). Any acreage difference greater than half (1/2) 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 & PHONE BIDDERS: Please attend in person, by phone, or on-line. Phone Bidders must register prior to Auction in order to participate.
POSSESSION: Possession date of 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 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. All bidding will be in increments of $1,000, $500, $250, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer.
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.
Lois M. Strole Trust
Newton, Illinois 62448
United States
JASPER COUNTY LAND AUCTION
THURSDAY AUGUST 13 5PM
25+/- ACRES MOST ALL TILLABLE LAND
AUCTION LOCATION: SELLAFARM AUDITORIUM
101 S. Jackson, Newton, IL 62448
Land Location: 9226 E County Highway 3/ Appleshed Road Newton, IL. 62448
5PM Central Time
Brief Legal: Land in NE ¼ NW ¼ Section 34, Wade Township, Jasper Co. IL. T7N R9E
Currently Part of Parcel # 90-07-3410-0007
ACCESS: Direct Access to E. County Highway 3 Aplleshed Road, All weather route.
SOILS: Cisne silt loam, 0-2% Slope, 10.99AC; Bluford silt, 0-2% Slopes, 8.31AC; Hoyleton-Darmstadt silt loams, 0-2% Slopes, 4.05AC; Atlas silt loam, 5-10% Slopes, Eroded, 1.03AC; Ava silt loam, 2-5% Slopes, 1.7AC; Cisne-Huey silt loams, 0-2% Slopes, 0.25AC;
Weighted Crop Productivity Index for Optimum Management 103.6
R.E. Estimated Taxes: To be Determined by Assessors Office
FSA INFORMATION: 25+/- Acres, Entire Farm Showing 50.70 Acres of which we are selling 25AC+/-. The following figures are for the entire farm to be split out by FSA when sold: Farm Land 49.69, Affective DCP Cropland 38.59. Wheat 5.40AC, PLC Yield 45; Corn 19.70AC, PLC Yield 126; Soybeans 12AC, PLC Yield 37
FARM RIGHTS: Current Tenant to complete 2024 season. Buyer to have 2025 farm rights.
MINERAL RIGHTS: Sellers to retain all mineral interest.
SURVEY: Required survey will be buyer expense.
TERMS: 10% Down day of auction, 6% Buyer Premium.
TITLE: Seller shall furnish the buyer at sellers expense