SOLD - 80+/- Acre Wabash Co., IL Land Auction - Smith Bradley

SELLAFARM

YOUR TEAM ON THE GROUND

Live In Person Wabash Co., IL Land Auction

80+/- Total Acres, 31+/- Tillable Acres
Remainder Excellent Recreational -or- Possible Conversion to Tillable!

Buyer to have 2025 Farm Rights!

Buyer to Receive Mineral Rights!

Bid Live In Person -or- Live Online at www.sellafarm.com

Tuesday, September 30th, 2025, 5 PM Central

Auction Location: Wabash County 4H Annex Building

4H Center Lane, Mount Carmel, IL 62863

LAND LOCATION

Conveniently located West of Porterville near All-Weather, Hard Surface Road that provides Easy Access to Hauling!

Grain Terminals, Truck Routes, Co-Ops, Seed Dealers All Nearby!

Land Location:

-OR- From West Salem, IL via Co. Highway 11: East of West Salem approximately 5 miles to E. 400 Road, South approximately 2.5 miles to Co. Rd. 1850N, West 1 Mile to E. 300 Road, South to Access Lane. Signs Posted. 

-OR- From Lancaster, IL via Co. Highway 11: West of Lancaster approximately 3.5 miles to E. 400 Road, South approximately 2.5 miles to Co. Rd. 1850N, West 1 Mile to E. 300 Road, South to Access Lane. Signs Posted. 

-OR- From Mount Carmel via IL Route 15: West of Mount Carmel on Illinois Route 15 approximately 8 Miles to E. 400 Road, North approximately 5.75 miles to 17 Ave, West 1 Mile to E. 300 Road, North approximately half Mile to Access Lane. Signs Posted. 

Directional Signs and Full-Color, Multi-Page Brochures posted.

Approximate Front Corners Flagged.

Tract 1 – 80+/- Acres, 30+/- Acres FSA Tillable, Remainder is Wooded Timberland Providing Year Round Recreational Opportunities & Hunting or Timber Harvest! Possible Conversion to Tillable!

Latitude: 38.485789 Longitude: -87.941431

Brief Legal: All situated in Section 26, Lick Prairie Township, Wabash Co., IL. T1N-R14W.

Access: Access via existing Farm Lane to E. 300 Road.

Real Estate Taxes (Estimated): Wabash County Assessor Parcel Index Number: 05-26-300-003. Total Estimated Tax of $983.16 -or- $12.29 per acre based upon the most recent tax bill for 2023 due 2024.

2024 taxes, due & payable 2025 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.

Soils: High Quality, Class A Soil Types known for BIG Yields!

3070A Beaucoup Sitly Clay Loam, 0-2% slope, 81.06 Acres, 100%; 

Weighted Productivity Index: 119.

FSA Classification: ALL NHEL.

Recreational: Signs of Wildlife are Everywhere! This property features a mixture hard and softwoods with some areas thick with bedding opportunities! The nearby agricultural fields provide ample food sources and the main creek provides year round water!

Timber: Possible Clearing of the timber could increase your tillable acreage for added income potential -or- added food plot acreage

FSA Info:

Farm No. 1862,

Tract No. 478.

Corn Base Ac. 3.90, PLC Yield 95;

Soybean Base Ac. 6.30, PLC Yield 31;

Grain Sorghum Base Ac. 19.50, PLC Yield 68

Total Base Ac. 29.70.

See digital copy of FSA Maps & 156 Records that are posted to www.sellafarm.com, view anytime.

Farm Rights: Current Tenant to Complete 2025. Buyer(s) to have 2026 Farm Rights. Tenancy Termination Letter will be sent by Seller's Attorney.

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

Possession: Possession date of closing, subject to the rights of the existing farm tenant. Buyer to have 2026 Farm Rights. Plan to Close the Property in 45 days or Less.

Survey: Advertised acres are gathered from county/tax records, Farm Service Agency Mapping & Records, and other digital mapping systems. Digital copy of FSA Maps and FSA 156 are posted to www.sellafarm.com, view anytime. Actual surveyed acres may change. Any survey cost to be paid by buyer. 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 SELLAFARM'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). SELLAFARM, Your Team on the Ground, will post

Title Insurance Agent & Closing Agent: Plan to Close in 45 Days or Less. Attorney Mr. Michael Witters, 1001 Oak Street, Mount Carmel, IL 62863 will be the closing agent on the transaction. Mr. Witters, Attorney for Seller to prepare Deed and Transfer Tax Declaration. Preliminary Title Commitment will be posted to www.sellafarm.com once available under “Documents Tab”.

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

Approval of Bids: Selling subject to Owner Confirmation.

Bidding: All Bidding will be on a per acre basis from beginning to End of auction. Bid Price will then be multiplied by 80 to arrive at Total Bid Price. 6% Buyer's Premium will be added to the Total Bid Price to arrive at Total Contract Price. All bidding will be in increments of $1,000, $500, $250, $100 or $50 per acre. No other increments will be acknowledged by auctioneer. 2 Minute Countdown 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 from podium day of auction take precedence over any previous information.

Log onto www.sellafarm.com for aerials, drone tour, photos & plats.

For more information, please contact Listing Broker & Land Specialist Zane Parrott at 812-890-5452.

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

Inspection Dates to meet SELLAFARM Land Specialist Zane Parrott for a

guided Side by Side tour of the property!

Inspection Dates

Tuesday, September 2nd, 3 – 4 PM Central

and Monday, September 22nd, 3 – 4 PM Central

 

 

Smith Bradley – Seller

Michael C. Witters - Attorney